trading risks dec 10

Trading Risks Associated with Some Sportsbooks as of 10 Dec 2020

If you have been on the loop with our blogs regarding the risks associated with sports betting, you might already know how to adjust your Sportsbooks Preferences on the VOdds platform.

Not only will it save you from having abnormal or void bets, but it will also give you control over your wagers even when using an aggregator.

EN Dec 10 update

In the past few weeks, we have been keeping track of our partner sportsbooks and their trends.

Related Articles:

Trading Risks Associated with Some Sportsbooks as of 12 Nov 2020

Trading Risks Associated with Some Sportsbooks as of 26 Nov 2020

This week, our group of experts have noticed other minor changes that you might want to look into.

First on the list is the slight toning down of voiding bets on WLG, although they still have high void rates for both pre-game and in-running games, we observed a toning down compared to the previous two-week period. They are still considered a high-risk level on our void rate scale.

Shibo and SBOBET are also still on the high-risk level on our void rate scale as they have been voiding winning bets based on their own observations and rules. Both sportsbooks have very high odds and liquidity but you may want to take extra caution in using them.

Meanwhile, Crown (Singbet) is at a low-risk level in voiding bets. However, based on our data, they still provide high odds and are careful at handling bets.

Sportsbooks such as Matchbook, PIN88, ISN, SBC, Betfair, and GA288 remain safe or clear from risks of abnormal and void bets.

Information from this blog article is based on the recent month’s data and accurate as of 10 December 2020. Stay tuned with our blog series regarding Trading Risks Associated with Some Sportsbooks.

If you want to adjust your Sportsbooks Preferences, visit your Account on VOdds and check the boxes of the sportsbooks that you want to bet with. If you don’t have an account yet, sign up now!

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as of 26 nov

Trading Risks Associated with Some Sportsbooks as of 26 Nov 2020

How Sportsbooks Aggregators Work:

Updated Data on Trading Risks Associated with Some Sportsbooks

There are thousands of online sportsbooks to choose from nowadays, and it’s quite difficult to select which one works best for you.

It’s very time-consuming to register to multiple betting accounts just to test which one has great odds and best prices. That is why we maximize the use of Sportsbook Aggregators or Sports Trading Platforms like VOdds.

Aggregators serve as a single-wallet platform for multiple sportsbooks so you don’t have to create multiple accounts. These trading platforms collect odds from their partner sportsbooks and help punters to line shop for odds with convenience. Most aggregators allow you to make deposits and withdrawals through their website or mobile app which makes it easier for you.

Aside from these, there are a lot of other advantages in using Sportsbooks Aggregators, such as promos and flexibility, but there are a few downsides as well. One of which is the different risks involved in trading.

If you are a long-term punter, you know how to work your way around the sportsbooks through your preferred aggregator. But for first time punters, make sure that you know which books you are working with so you won’t lose huge sums of money.

There are certain risk levels when betting with multiple sportsbooks. For example, some sportsbooks void winning bets based on their own policies. Although you won’t lose your money, it might mean that you won’t get the money that you supposedly have won. Even when you use an aggregator, these wagers are still the responsibility of the punter. Make sure to research a lot and read our blogs about trading risks and how you can manage them.

Related Articles:

Trading Risks Associated with Some Sportsbooks

Advantages of Using a Sportsbooks Aggregator

Based on our updated observation in the past two weeks, these are the changes in trading risks with our partner sportsbooks.

You can be safe from such situations by using these sportsbooks: Matchbook, PIN88, BET-ISN, SBC, Betfair, and/or GA288. Although on extremely rare occasions, there have been instances of PIN88 voiding bets, especially in tennis and basketball. The official reason furnished is “In accordance with our General Terms, we have cancelled winning wagers from the below players due to line manipulation.”

Meanwhile, Crown (Singbet) has a low risk at voiding Pre-Game bets and medium risk at voiding In-Running bets. We’ve noticed a slight increase in voided bets during the past two weeks compared to the previous period.

Books such as Shibo and SBOBET have been observed to have voided bets massively both Pre-Game and In-Running in the past few weeks. So there is a higher risk in using these said sportsbooks. WLG, on the other hand, was previously in the low-risk level but based on our updated data, they have also voided a lot of bets in the past two weeks.

Updates from this article are based on the recent month’s data and are accurate as of 26 November 2020. Stay on the loop with our blogs and keep yourself well-informed.

Whether you’re a newbie or an expert punter, you can be assured that VOdds as a sportsbook aggregator will continue to give you the best deals and amazing tips to make your sports betting experience more promising.

If you want to adjust your Sportsbook Preferences based on the risk level you’re willing to take, head over to your VOdds account! Sign up if you don’t have one yet.

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trading risks 12 nov

Trading Risks Associated with Some Sportsbooks as of 12 Nov 2020

Betting, in general, has different risk-factors, that is why we always advise new bettors to wager only their bankroll and have enough research before placing any bets. 

If you’re already a long-term bettor, you might notice that some sportsbooks are known to void bets in some scenarios such as pre-game, in-running, or after a sporting event, we also call these abnormal bets. Having your bets voided can be annoying and these are only examples of risks involved in sports betting that you may encounter whether you are a newbie or an expert.

Void bets and abnormal bets occur on a case-by-case basis. For example, you placed a bet and it got canceled by the bookmaker based on their assessment that it is likely placed by a professional or a smart punter. Some European bookmakers deter winning punters from their books by restricting their bet limits, while some Asian bookmakers choose to do so by canceling winning bets themselves. These are the kind of void bets that can be frustrating and we want to help you avoid them.

Any kind of bet can be voided or invalid depending on the sportsbook and the situation. Risks also vary when bet is made pre-game or in-running. Void or abnormal bet also means that your stake will be returned by the sportsbook, so technically, you won’t win any money but you won’t lose it either.

VOdds values its customers and we want you to be informed about the certain risks involved in trading and how you can manage them. To arrange your sportsbooks preferences based on the risk-level you’re willing to take, simply go to your account and select the books that you want to trade with.

Some books are known to mark bets as abnormal, depending on their own rules and regulations. As a sports trading platform, VOdds experts have observed some of our partner bookmakers and their practices in voiding bets.

Although bets are placed via VOdds, we are not responsible for the refund/payment of any abnormal/void bets since VOdds is a sportsbook aggregator. Bets are placed into the respective sportsbooks and are settled in accordance to their individual terms and conditions.

Based on our data, if you want to be on the safer side and enjoy the same price competitiveness but without getting your bets voided, we suggest dealing with Matchbook, PIN88, ISN, SBC, Betfair, and GA288. These sportsbooks neither classify bets as abnormal nor do they void bets.

If you want to take advantage of the high odds and liquidity that Crown (Singbet) and WLG provide, you may do so at your own risk. For pre-game bets, it is noticed that Crown targets bets whose odds have dropped significantly. Most of the bets were voided before the match began, or just when the match had started. For in-running bets, Crown’s practice is to void the bets after the match, after results were already known. Meanwhile, WLG has a history of voiding bets, and sometimes it is voided days after the bet has been graded as a win.

On the other hand, Shibo and SBOBET have high risks of voiding bets after a sporting event has concluded. It is observed that only winning bets are voided and it is done after the match results are finalized. Both sportsbooks are also very high risk on pre-game and in-running voiding of bets so you might want to take extra caution.

Information from this article is based on recent month’s data and accurate as of 12 November 2020. We will be posting blogs regularly for the awareness of our dear clients.

So, if you want to adjust your Sportsbook Preferences based on the risk level you’re willing to take, head over to your VOdds account today! Feel free to sign up if you don’t have an account yet.

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