Have you heard about arbitrage sports betting? Well, this is actually a mysterious method of betting on sports that generated guaranteed profits regardless of 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 possibility of the competitor for winning an individual sporting event.
However, although arbitrage sports betting may guarantee some profit theoretically, there are still a few factors that could stop the actual implementation of 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 – browse 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 stop you from placing your full stake while arbitraging, so prior to placing your bets, make sure you check that none of the bookmakers you have registered within the arbitrage have a maximum stake limit.
Also, it is important to note and recognize that all the betting exchange prices are subject to some sort of stake limit. So before you consider your arbitrage sports betting, examine the available liquidity at the second and third prices in line, not only at the best price. You cant escape the truth that there are a few instances in arbitrage sports betting that all your hard earned money at the best price gets hovered up.
Changes in Prices
Most 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 advisable to check first that the prices your bookmakers have offered are still available. The main point here is just not to depend on those bookies that hold their prices quoted in the Racing Post. In addition, the prices on the exchanges can adjust rapidly, thus it is essential to make sure that when considering arbitrage sports betting, you place any exchange bets first whilst the price is last.
In todays high tech world where sports books and bookmakers are everywhere, finding the most dependable 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 crucial for every bettor then to make sure that the site they are betting at guarantees the return of their winnings. If possible, one should 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 obviously modify the result of the arbitrage you might be working 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 the same policies for every sporting event you may be considering.