Perhaps you’ve already heard about arbitrage sports betting, but if not, then let’s just say that it’s a relatively unknown technique capable of generating profits irrespective of what the outcome is
with regards to a specific sporting event. With that said, there are many professional bettors who are familiar with the technique, and of course they use it to their own advantage when different bookmakers have different odds set, which are based primarily on the chances of a competitor winning.
Even though arbitrage sports’ betting is to a large extent capable of guaranteeing a profit, there are several factors which can directly prevent the technique from being implemented. Likewise, these same factors can also carry certain risks. Let’s take a look at each of these risk factors:
Maximum Limits on Stakes
Some things which most professional bettors agree on is that maximum stake limits which bookmakers put in place have the ability to affect arbitrage sports betting. In fact, you may even be prevented from placing your maximum stake while arbitraging, and for this reason, it’s in your own best interest to make sure that none of the bookmakers with whom you’ve registered in the arbitrage have a maximum stake limit.
Additionally, you need to realize that all the betting exchange prices are subject to a stake limit in one form or another. This of course means that you should not only examine the available liquidity at the best price, but you should also do so at the second and third prices in line. Unfortunately, there’s no getting away from the fact that in certain instances where arbitrage sports betting is involved, all your money at the best price will get hovered up.
As you may know already know, practically all bookmakers tend to offer different prices for the various sporting events, so before you go ahead and place your bets in an arbitrage sports betting, you should always make sure that the prices which the bookmakers have offered are still available. In other words, you should not depend entirely on the prices which have been quoted in the Racing Post. You also need to acknowledge the fact that the prices on the exchange are often subject to sudden changes, and this is why you should always place any exchange bets first while the price is last.
As many professional bettors can attest to, it is nowadays almost impossible to find a trustworthy arbitrage sports betting service. As you may well know, there’s a rapidly growing list of crooked betting sites, many of which have failed to hand over winnings to their punters. Because of this, it’s crucial to determine whether or not a specific site guarantees the receipt of your winnings, and whenever possible, you should make a point of reading any relevant reviews regarding the site in question. This can be done by checking the rankings and also by frequenting the forums, in that many forum members will tend to warn each other about dishonest bookmakers.
The Rules of Arbitrage Sports Betting
In most cases, bookmakers will have different rules and policies in place as far as arbitrage sports betting as concerned, and of course this can result in irregular outcomes. For example, this can have a direct impact on the outcome of the arbitrage you are dealing with, and for this reason you should always make a point of checking the rules of a bookmaker before you actually go ahead and begin placing bets. You should also check to see if the bookmaker has the same policies in place for every sporting event which you may be interested in.