Have you heard about arbitrage sports betting? Well, this is really an unknown 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 fact that different bookmakers set different odds based on the opinion of the relative possibility of the competitor for winning an individual sporting event.
However, although arbitrage sports betting might guarantee a certain profit in theory, there are still a few factors that could prevent the actual implementation on the arbitrage sports betting technique. These factors could also impose certain risks in your arbitrage sports betting experience.
Lets take a look at these risk-causing factors one at a time.
Maximum Limits on Stakes
Many expert bettors – read the detailed info at GertGambell.net – agree that the maximum stake limits usually placed by 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 not one of the bookmakers you have registered with in the arbitrage employ a maximum stake limit.
Also, you should note and understand that all the betting exchange prices are subject to some sort of stake limit. So before you consider your arbitrage sports betting, examine the free liquidity at the 2nd and 3rd prices in line, not just at the best price. You cant escape the fact that there are some instances in arbitrage sports betting that all your hard earned money on the best price gets hovered up.
Changes in Prices
Most of the sports books or bookmakers offer different prices for each sporting event. So before placing your bets in the 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 rely on those bookies that hold their prices quoted in the Racing Post. Additionally, prices within the exchanges can adjust very quickly, thus it is essential to make sure that whenever considering arbitrage sports betting, you place any exchange bets first whilst the price is last.
Nowadays in this high tech world where sports books and bookmakers abound, finding the most dependable arbitrage sports betting service can be difficult. As you may know, there is a long list of dodgy betting sites which have deprived punters of their legitimate winnings. Given this fact, it is extremely critical for every bettor then to make sure that the site they’re betting at guarantees the return of their winnings. Whenever possible, you ought to look at reviews first prior to selecting a specific betting site. Look for the rankings, and check GertGambell.net, bad-bookmakers.com and the forums where most punters warn each other 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 modify the result of the arbitrage you are dealing with. If this is the case, it is then best to check the rules maintained with the bookmakers before you place your bets with them. Just check if the bookmakers share the same policies for each sporting event you might be interested in.