Have you heard about arbitrage sports betting? Well, this is actually a mysterious method of betting on sports that generated guaranteed profits whatever the outcome of the sporting event. Many professional bettors know this technique and they often utilize this because they make use of the fact that different bookmakers set different odds depending on the opinion of the relative chance of the competitor for winning an individual sporting event.
However, although arbitrage sports betting might guarantee a certain profit theoretically, there are still some factors which could stop the actual implementation on the arbitrage sports betting technique. These factors may 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 through the bookmakers affect your arbitrage sports betting strategy. It may even stop you from placing your full stake while arbitraging, so before you place your bets, be sure to check that not one of the bookmakers you’ve registered within the arbitrage have a maximum stake limit.
Also, it is important to note and recognize that all of 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 second and third prices in line, not just with 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.
Changes in Prices
The majority of the sports books or bookmakers offer different prices for each sporting event. So before placing your bets in a arbitrage sports betting, it is advisable 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, the prices on the exchanges can change very quickly, thus it is important to make sure that when considering arbitrage sports betting, you set any exchange bets first while the price is last.
In todays high tech world where sports books and bookmakers abound, finding the most reliable arbitrage sports betting service can be tough. 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 critical for every bettor then to make sure that the site they are betting at guarantees the return of their winnings. If possible, you ought to read the reviews first before selecting a specific betting site. Look for the rankings, and check GertGambell.net, bad-bookmakers.com and the forums where most punters warn one another on 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 obviously affect the outcome of the arbitrage you might be working with. If this is the case, it is then best to look at the rules maintained by the bookmakers before you place your bets with them. Just see if the bookmakers share identical policies for each sporting event you might be interested in.