Rules
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Different Bookmakers, different rules |
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Before starting your sports arbitrage, you should always check the rules adopted by the bookmakers concerning the opening of a betting account, as well as the conditions of bets and the criteria applied to some sports events.
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Rules for the opening and management of your betting account |
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There are no common standards for all bookmarkers. And there are obviously no standards concerning the opening of the account, i.e. your betting account.
Each bookmaker has its own criteria, and you have to acknowledge and follow them if you don’t want to fall into misunderstandings. So, watch out for:
- payment methods for money deposits on your betting account;
- deposit expenses incurred on your betting account;
- minimum required deposits;
- withdrawal methods from your betting account;
- all expenses incurred for eventual withdrawals from your betting account;
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Payment methods
Check the payment methods in the bookmakers’ websites and evaluate what you consider more suitable.
For example, if many bookmakers accept payments by e-currency, you could easily optimize your time and money by adopting these secure and comfortable systems.
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Bonuses and promotions
Check the rules concerning bonuses and promotions, and evaluate the advantages.
In order to avoid illegal use of these incentives, lots of bookmakers invite you to bet, even many times, amounts of money that are equal to the paid amount of money, plus the received bonus. This method is known as "roll".
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Be careful of what you can or cannot do when you place a bet with a bookmaker. Check:
- the minimum number of matches required for each bet;
- the minimum amount of money required for each bet;
- the maximum amount of money, accepted for each bet;
- the maximum winning, allowed for each bet.
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Sports events, which the bookmaker can adopt different rules for, are not numerous.
But it is important to know the bookmakers anyway, because they influence the validity and the results of bets.
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Basketball, hockey, baseball
Some bookmakers consider overtime, others do not.
In this case, it is more convenient to read the rules of all bookmakers involved in your arbitrage activity.
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Tennis
In this sport it is not possible to establish a classification of bookmakers according to the rules they follow to place and pay bets.
There are three groups of bookmakers:
- those that consider a bet as valid only when the whole match has been completed;
- those that consider a bet as valid when at least one set has been completed;
- those that consider a bet as valid when a point has been done.
If one of the bookmakers involved in the same arbitrage activity considers the bet as void,
your sure bet could become a normal bet. But you could feel safe if you place a bet among
bookmakers of the second and third group.
So, you should check the rules of the bookmakers involved in the same arbitrage.
And… in order for you to feel safer, you should prepare a list keeping the bookmakers
belonging to the first group separated from the bookmakers belonging to the other groups.
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