Lesson 08 – Avoid being limited by bookmaker
Perhaps you are aware of the fact, that most bookmakers will limit your accounts in time, once they spot...
Perhaps you are aware of the fact, that most bookmakers will limit your accounts in time, once they spot you are arbitrage player. Some of them will do it sooner, some later and just few like Pinnacle Sports will let you stay and play. Surebet Monitor Team is composed of former arbitrage bettors, so we have had enough knowledge and experience to focus on solution, so to lower risk of being limited by bookie. First of all you need to consider how betting service identifies you as an arber, or why in general you end up with your limit cut down. We suggest few possibilities.
1. Your betting pattern – single bets
Arbitrage bets are singles. Its more than obvious, that bookmakers do not like clients playing single bets. This is because their estimated profit on such guy is generally lower, compared to situation he would stake accumulators. Provided you are not certain why – it is because here player avoids potential additional long-term loss on margin multiplication on few bets at one coupon.
2. Your betting pattern – strange stakes
Well, imagine you are a bookie trader and you see someone playing like this:
Roger Federer to win @ 1,20 @ 5 698 $
Barcelona to win @ 2,00 @ 6 521 $
You probably would thought: why, on earth not to place 5 700 $ in first case or 6 500 $ in second. Afterwards you would check, whether these markets moved minutes after your bets were placed. Given information they did, and seeing your odd stakes it is relatively easy to identify arber.
3. General luck and winning account
There are many cases of players, who are limited despite the fact they are not arbing. Bookies limit them, because they are good punters/they are lucky = they win a lot playing single bets.
4. Your sex
Well, I am certain there are some females around us, who are operating with big stakes placing sports arbitrage, however I guess this investment and in general sports betting is more popular across men. Similar to point 2. – if I (as a bookie worker) would noticed female aged 19 placing bet valued 20 000 $ I would be a little bit suspicious.
5. Betting palps and obvious errors
From time to time some palps occur = bookie put totally wrong odd, which is right away spotted by arbitrage software’s and many not-experienced players try to place such bets, hoping they will not be cancelled. Chances for these bets to stay are remote, and moreover placing such bet gives to a bookie like 100% certainty you are arbing, or at least you are equipped with arbitrage software which ends effectively in the same way = your account will be immediately limited.
There is our hypothesis, that some bookies on purpose put wrong odd to catch many arbers at once. This move is not connected with risk on bookmakers side, because the bet will anyway be voided.
To make long story short = In order to avoid limits or to delay them in time when arbing – try to be male around 30 years of age, play round stakes, try to lose your bets at services outside betting exchanges and Asian bookies/Pinnacle Sports and do not place bets on obvious errors. There is one other way how to avoid limit and mislead bookies traders, however it should not be shared with publics. Provided you are interesting in it please read article: Lesson 12 – Multisurebets – Great way to avoid limit!