Have you heard about arbitrage sports betting? Well, this is really an unknown method of betting on sports that generated guaranteed profits whatever the results of the sporting event. Many professional bettors know this method and they also often use this because they take advantage of the undeniable fact that different bookmakers set different odds depending on the opinion of the relative possibility of the competitor for winning a single sporting event.
However, although arbitrage sports betting might guarantee some profit theoretically, there are still some factors that could stop the actual implementation on the arbitrage sports betting technique. These factors may also impose certain risks to your arbitrage sports betting experience.
Lets examine 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 by the bookmakers affect your arbitrage sports betting strategy. It may 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 have a maximum stake limit.
Also, it is important to note and understand that all the betting exchange costs are subject to some kind of stake limit. So before you consider your arbitrage sports betting, examine the available liquidity on the second and third prices in line, not just at the best price. You cant escape the fact that there are a few instances in arbitrage sports betting that all your money on the best price gets hovered up.
Changes in Prices
The majority of the sports books or bookmakers offer different prices for every sporting event. So before placing your bets in the arbitrage sports betting, it is advisable to check first that the prices your bookmakers have offered are still available. The important thing is just not to depend on those bookies that hold their prices quoted in the Racing Post. In addition, prices on the exchanges can change rapidly, thus it is essential to make sure that when considering arbitrage sports betting, you set any exchange bets first whilst the price is last.
Nowadays in this high tech world where sports books and bookmakers abound, locating the most dependable arbitrage sports betting service can be tough. As you may know, there is a long list of dodgy betting sites that have deprived punters of their legitimate winnings. Given this fact, it is very critical for every bettor then to ensure that the site they are betting at guarantees the return of their winnings. Whenever possible, one should look at reviews first before deciding on a particular betting site. Look for the rankings, and check GertGambell.net, bad-bookmakers.com and the forums where most punters warn each other 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 dealing with. If this is the case, it is then best to look at the rules maintained with the bookmakers before you place your bets with them. Just check if the bookmakers share identical policies for every sporting event you may be interested in.