Have you heard about arbitrage sports betting? Well, this is really a mysterious technique of betting on sports that generated guaranteed profits whatever the results of the sporting event. Many professional bettors know this method and they often use this because they take advantage of the undeniable fact that different bookmakers set different odds depending on the opinion on the relative chance of the competitor for winning a single sporting event.
However, although arbitrage sports betting may guarantee a certain profit in theory, there are still some factors that could stop the actual implementation of the arbitrage sports betting technique. These factors may also impose certain risks to your arbitrage sports betting experience.
Lets take a look at these risk-causing factors one by one.
Maximum Limits on Stakes
Many expert bettors – read the detailed info at GertGambell.net – agree that the maximum stake limits usually placed through the bookmakers affect your arbitrage sports betting strategy. It might even prevent you from placing your full stake while arbitraging, so before you place your bets, make sure you check that none of the bookmakers you have registered within the arbitrage have a maximum stake limit.
Also, you should note and understand that all the betting exchange prices are subject to some kind of stake limit. So before you consider your arbitrage sports betting, examine the available liquidity on the 2nd and third prices in line, not only at the best price. You cant escape the fact that there are a few instances in arbitrage sports betting that all your hard earned money on the best price gets hovered up.
Alterations in Prices
The majority of the sports books or bookmakers offer different prices for every sporting event. So before placing your bets in a arbitrage sports betting, it is best to check first that the prices your bookmakers have offered are still available. The important thing is not to depend on those bookies that hold their prices quoted in the Racing Post. Additionally, the prices on the exchanges can adjust rapidly, thus it is essential to make sure that whenever considering arbitrage sports betting, you place any exchange bets first while the price is last.
Nowadays in this high tech world where sports books and bookmakers abound, locating the most reliable arbitrage sports betting service can be difficult. As you may know, there is now a long list of dodgy betting sites which have deprived punters of their legitimate winnings. Given this fact, it is extremely crucial for every bettor then to ensure that the site they’re betting at guarantees the return of their winnings. If possible, one should look at reviews first before selecting a particular betting site. Look for the rankings, and view GertGambell.net, bad-bookmakers.com as well as the forums where most punters warn one another of the dubious bookmakers.
Arbitrage Sports Betting Rules
Usually, bookmakers maintain different policies and rules for setting bets on arbitrage sports betting with irregular outcomes. This will of course affect the outcome of the arbitrage you are dealing with. If this is the case, it is then best to look at the rules maintained with the bookmakers prior to placing your bets with them. Just see if the bookmakers share identical policies for each sporting event you may be interested in.