Tips For Soliciting Legitimate Sports (Betting) Selection Services

For soliciting these services, bettors often pay a steep price for the information provided to them by these sports books or sports selection service providers. Apart from lack of time to research, there are several other reasons that prompt many sports bettors to seek sports selection services. One of the most common reasons is that many internet sports betting have this notion that wagering is too complicated for them to understand. Some even make themselves believe that they cannot access the information required for making smart betting. Some even believe that researching and studying on their own is not worth while as they don’t have access to inside information, which these companies or sports books have.

If you cannot take out enough time due to job or other responsibilities to conduct your own research, then you may want to use the services of sports selection companies, but only do so after you have checked their credibility in the sports betting arena.

Follow these tips if you don’t want to be cheated:
• Be wary of companies that do not offer a genuine address and telephone number. A post office box number alone is unsatisfactory
• Try to contact the owner directly before proceeding with the deal
• Beware of pressure tactics used by many companies. Always be adamant of getting straight answers to your queries and decide at your pace, whether you want to use the service or not
• Demand written documentation of the betting claims made by them with reasoning. It will be better if you check their predictions for certain forthcoming games beforehand.
• Check whether they charge a flat fee or based on their performance. Do compare their fees with other companies to ensure that the charges are reasonable.

Just like any other field, you will find many types of sports selection service providers, both good and bad. Some online sports betting companies work ethically and are competent enough to provide you beneficial and accurate service. However, you may also find some, which take advantage of novice sports bettors who do not have any knowledge or experience to pick smart bets. Use your instincts and know-how to judge which company is good and which may be involved in fraudulent activities.

Is It Possible To Make Money Betting On Sports Today?

When you begin to speak with people about generating income with a variety of various sources, many people will not be quick to talk about whether you can make a fortune with handicapping sports. In fact, some will make fun of the idea of making a ton of money in this manner. For those that are true believers, nevertheless, there is a brand-new means to approach this subject matter, specifically given that the online world has actually made it ever so possible, and in some ways sweet, to make a good living with this. It is quite possible to earn money sports betting, and it’s all in how you do it and where you do it.

Prior to these modern-day times you would need to do a lot to get moving forward with the options that abound in physical locations. That indicated that you would have to spend a significant amount of money traveling. Without investing hard earned money into getting to a casino, whether it be in one of the major hubs that’s legislated, or someplace local, you would have to venture far from your house and afterwards play by the policies of the house. Many times this implied that your edge would be eliminated, if you had one to start. That has all been changed, due to the fact that you can now just go online and get moving onward.

When you venture forward entering an internet site to earn money with this type of event, you have to understand that you will still need to treat it like a real business. Generally, people presume that these websites do all the work for you and you simply pick whatever they say and you win. That’s not true at all, because even the best website for betting will be wrong about the winners and losers ahead of time. It’s with that in mind that you shouldn’t let anyone else select the game’s winners for you. You control that aspect of your life, so see to it that you do your homework and know exactly what you’re putting money on.

If you are going to endeavor into this world, take your time. Look around for pages that will provide you incentives for putting cash down, consisting of a number of choices that will provide matching amounts that you bet and even offer you complimentary bets. Whether it’s with advertising codes, or it’s by simply signing up as a new member, look for these incentives so that you are able to get more bang for your buck. By doing this, you will ensure that you are making money with sports betting.

Those that are doubtful, keep in mind that these webpages are set up with the consumer in mind. You will discover the very same type of action that you would expect from a gambling establishment in the comfort of your office or home. It’s this type of plan that is making true believers out of individuals that once crossed out the notion of betting on sports. Test this out and see just how much you could win, by just going online, instead of another direction.

Do your research, have some fun, make more money than you ever thought possible.

Online Investing With Sports Arbitrage and the Dangers Faced by Individual Investors

One of the main selling points to sign people up in Sports Arbitrage Trading is that it is a Risk Free Opportunity. This is partly true. Once the Arbitrage Trade is confirmed then you will be guaranteed a return and hence it becomes risk free. The problem therefore arises before you finally commit to the arbitrage trade and that’s what I want to explore in this article.

There are five key reasons why you may not be able to successfully execute an arbitrage trade with a guaranteed profit. Whilst most companies who market Sports Arbitrage Trading will make some reference to some of these reasons it is not in their interest to put too much emphasis on the downsides that they represent, hence anyone thinking of getting involved in Sports Arbitrage Trading needs to be especially diligent.

I started Sports Arbitrage Trading some years ago and fell foul of most of the issues I describe in this article at some stage. My aim is not to deter people from Arbitrage trading as, if done correctly, it can be a profitable business but I am keen to ensure that new traders are aware of potential pitfalls.

In summary the 5 reasons are:

  1. Bookmakers restrict how much you can trade
  2. Odds change such that the arbitrage no longer exists
  3. Bookmakers have different cut-off times for trades to be placed
  4. Bookmakers have different rules for certain sports
  5. Money Management

Let’s now explore each one in more detail:

Bookmakers restrict how much you can trade

In general most bookmakers welcome clients even though they might realise that they are arbitrage traders. They realise that whilst in some instances the wager placed with them might win there is also an equal chance (strictly speaking of course the odds on offer should reflect the true chance) that it would lose, hence they would make a profit. So, whilst they may not publicly acknowledge that arbitrage traders are encouraged they recognise that it will bring business and ultimately enhance their reputation by having a growing and active client list.

Some bookmakers however can be more guarded in their acceptance of clients. In my personal experience I ended up with two bookmakers who limited the amount I was allowed to place on any wager as they had monitored my wagering activity and believed that the pattern of trading was suspicious. Now, I must state immediately that I was in no way placing large wagers. My bets would be in the region of $300 as a maximum which in betting terms is of little real consequence. Despite this two bookmakers imposed limits on how much I could place, in one instance I was limited to $20 per wager which clearly drastically limited any potential for a reasonable profit.

You might say of course that all I needed to do was to avoid trading with those bookmakers but this was difficult given the fact that the trades notified to me involved these bookmakers on a regular basis so I would have severely restricted my trading if I removed these two bookmakers.

Ironically of course I know of many arbitrage traders who wager much larger sums of money than I wanted to with these same bookmakers but who have had no problems whatsoever.

Odds change such that the arbitrage no longer exists

In the type of arbitrage trading that I was doing the opportunities to profit would only be available for a short time. The software I used had direct feeds from the bookmaker websites, it then did the relevant calculations to then present me with arbitrage opportunities.

If you were not quick enough you could find that having placed one side of the trade when you went to the other bookmaker site the quoted odds were no longer available and you were left with the potential of a loss on the trade.

In these circumstances the advice is to ‘hedge’ your trade. In simple terms this means finding a bookmaker where the odds on offer would result in you breaking even or at least minimising the potential loss. The problem of course is that to take advantage of the odds on offer you would need to have sufficient funds with the particular bookmaker and that can sometimes be a problem (see Money Management below).

To help you find odds that could be used you should refer to a site such as Odds Checker where they compare odds from a range of bookmakers.

Bookmakers have different cut-off times for trades to be placed

Ordinarily many of the trades that you are presented with give you sufficient time before the event starts to place the trade and profit. Sometimes however if you are not careful you will place one side of a trade only to find that the other bookmaker has closed the book because their rules have determined that the time left before the event starts is not enough for you to place a wager.

If this happens you are again at risk as you only have one side of the trade placed and the risk may be increased as you may find it very difficult to find a bookmaker to place with as clearly the event is very close to starting.

Admittedly, if you are diligent in how you trade you should not fall into this particular trap that often, if at all, but it is at least bearing in mind especially when you remember that often you will be in a different time zone to where the event is being held.

There are websites such as Yahoo Sports that will prove invaluable in helping you getter a much clearer picture on when a particular event is about to start.

Bookmakers have different rules for certain sports

This issue is primarily related to Tennis although to a lesser extent rules for Baseball can also impact your ability to trade profitably. For the purposes of this article I will focus on Tennis.

Tennis is generally either one or two people matched against a similar number of opponents. This brings with it the risk that one player may not be able to finish a match, often because of injury. If this happens the player(s) who are able to continue would therefore be declared the victors.

The problem of course is predicting when any match might be terminated early. Bookmakers have addressed this by laying down rules as to when they consider that a match is valid i.e. it has progressed enough for the result to stand.

Unfortunately for us as clients the bookmakers do not all apply the same rules and if you place wagers with wildly differing rules you could end up with a losing trade which could prove costly.

As tennis is a particularly good sport for arbitrage opportunities it is very important to ensure that you only place trades with bookmakers who have similar rules.

Clearly no tennis player wants to forfeit a match so matches stopped part way through are not that common, hence as a trader you may decide to ignore the difference in rules and trade anyway. The decision would be yours, the risk may be slight but it does exist and if you have a limited bank then perhaps being conservative in your trading strategy might be the wise course of action.

Money Management

Unless you have a sizable disposable income available to you the chances are that you will have to start arbitrage trading with a limited bank. If this is the case then it is important that you study carefully which bookmakers are providing the most arbitrage opportunities so that you place your funds wisely.

As you start to trade you will soon notice that management of your money can be a key issue. By it’s very nature an arbitrage trade will end up where one of your wagers has lost and one has won. So, for the winning side of the trade the amount of funds with that bookmaker will increase and conversely your funds with the losing bookmaker will decrease.

It doesn’t take much to appreciate that if you have a streak of winners with one or two bookmakers then your funds may now be unevenly distributed and will therefore restrict you from perhaps trading all the opportunities that you would like to.

One recommendation is to keep part of your overall bank back so that if this situation arises you will have some funds still available to top up the bank in the losing bookmakers. This works to a certain extent but again with a limited bank overall it may not always be possible.

The problem is compounded by bookmaker rules that can place restrictions on how may withdrawals you can make from your account in any given time period. Whilst additional withdrawals may be possible they will often come with a hefty fee attached and any profits that you have made could be reduced significantly.

In conclusion I still believe that Sports Arbitrage Trading has a lot to offer but for an individual it is difficult. I’d recommend that you research online investment companies where you can invest but they do the work for you. This is a much safer option and can still provide very healthy returns.