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Online Sports Betting Arbitrage Tips – Reveal What is the Real Risk on Betting
The “Zero Risk Online Sports Betting Arbitrage System”. 100% winners, no risk, no hassle.
Do you know these advertisements? Due to the economic crisis years ago, many people lost their jobs. Therefore, more and more people participate in sports betting in order to solve financial problems. At the same time, many so-called “zero risk online arbitrage system” and “A sports betting system to win 100% of your bets” are flooding the entire Internet.
I don’t want to comment further on these similar systems, I just hope you can read my understanding of the risk before using them.
As common sense, all profits are based on different ratings from different manufacturers. All of the above systems tend to guide you on how to operate bets within known odds rules. But do you really read these rules before betting. In fact, all the odds makers have been added to their invisible location advantage. Did you read this?
Here are some unexpected variables that can ruin bets on even the best plans:
1. Different conditions and rules of the bookmakers
Different bookmakers have different rules on how to handle unexpected events, such as delayed games, cancellation of a sporting event, etc. Then some manufacturers will give you your money back, and others will completely act on the bet. If so, it’s not arbitrage and it gives you a 50% chance of winning or losing.
2. Placing the Wrong Bet / Loitering
Small accidents can be expensive. If you encounter any problems when placing a bet, the risk of making mistakes may arise. For example, if you place on an over/under and only one odds maker, over and under have the same odds. It’s not uncommon to accidentally bet on the wrong option and end up with two bets on the same outcome! Rushing and making mistakes is a potential risk.
Also, if you place one bet and take too long to place the second, the odds may have changed enough that the odds are out of your plan. You could completely miss the second bet.
3. Odds change/expire
Generally speaking, this is the most common problem encountered in sports arbitrage betting. The longer you stay betting, the more likely the odds are to change or even expire.
If one of the odds we used in betting arbitrage was actually wrong and the bookmaker decides to change or expire, we obviously miss the second bet. This is also a potential risk like number 2.
4. Inexperience
Lack of experience in sports betting arbitrage is the biggest risk of all. Not making sense of the odds, not understanding how to operate, missing the second bet, all the trouble you will create, and even not being able to respond in time when the errors occur. Inexperience is therefore a risk factor.
5. Wagering Restrictions
Some bookmakers may limit the amount you can wager on your bets. This is not just a risk associated with arbitrage betting, but it will act as a bottleneck for your entire betting process. You will not be able to make good profits due to this restriction.
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