palps
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It is well known that bookmakers have a lot of terms and conditions that practically allow them to do anything they want with their customers and their bets. From limiting or cancelling users accounts, to voiding bets or changing odds, they have dozens of measures to protect them against any sharp bettor and their traders’ mistakes. In general, regulators have not taken care of this situations. Will this ever change?
Arbitrage betting is very often called a risk free activity where you can win a lot of money. Of course, experienced arbers know that’s not real and newbies often discover risks the hard way. The truth is that arbitrage is an activity with some risks that must be carefully handled. Although there is a lot written about this subject, this article provides a unique place to summarize most common risks and it’s a must read for people starting arbing.
Perhaps one of the most important and profitable abilities for an arber is to correctly differentiate between high percentage healthy arb and a palp error. Exceling here brings huge profit in a long run (as one correctly chooses to play safe high percentage arbs and avoid obvious mistaken lines, which placed would be voided afterwards, thus resulting in a loss).
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