Sports Betting Advice For Betting Offshore: Line Shopping

My customer base has grown exponentially over the past year, and that expansion has incorporated a lot of international clients. Some of these folks are a little unsure how to proceed with signing up with an offshore sportsbook and I’ve been getting a variety of questions dealing with this matter. I figured it was a good time to make available a short guide for persons who find themselves in the same predicament.

First of all, make certain you live in a jurisdiction where it’s legal go bet with an offshore company. For most Europeans this isn’t an issue, but they may feel more comfortable with their local gambling shop or maybe Betfair. The difficulty with that is Betfair or the local U.K.-style book may not offer the odds on the games you need to get down on. So that’s the first issue to get taken care of: make certain the sportsbook takes odds on all American sports, not just pro football. You need MLB, college basketball, the works.

Next, you ought to, and I can’t emphasize this enough: you should have multiple outs. Why? Well there are a couple reasons for this. The primary reason is so you can line shop. Possibly you have an account at a sportsbook that takes a highest bet of $5,000 or under. That indicates to me they are a ‘square’ book. This means they only want square action. For those new with the expression, a square is a favorites bettor. They bet on the well recognized teams since they don’t stick to the sport that closely. If you’re betting at a square shop, there’s a probability you aren’t receiving a fair line. They’ll just keep raising it on the popular teams (like the Los Angeles Lakers in basketball, or the New Orleans Saints in football) and that makes it even harder for you to win. If you have to continue laying an extra 1 or 1.5 points on games, eventually that will catch up to you.

So if you have multiple betting accounts, you have the flexibility to line shop. If you desire to bet on the underdog, then the type of sportsbook described above absolutely works in your favor. If they’re going to keep jacking the line on the favorite, this is a great place for underdog betting. Now let’s say you have set up an account at another offshore outfit. This place takes a max bet of someplace between $10,000 and $50,000. That means they are taking sharp action and they can not afford to move their lines off of what the true number is.

Even if they are getting irregular action (and you can forget about shops trying to balance action 50/50, that’s a myth. I’m not certain if that ever was probable but it sure as heck isn’t now) they can’t drift off the real line or else they end up taking a $50,000 bet on the other side in which they were giving out a favorable number. That wipes out most of the possible profit on a game. But this is a great place for you to do your favorites betting. Even if they take a large max bet , 99% of the shops still will have a very low minimum bet, usually as low as $1.

Line shopping is one of the main reasons to have multiple outs, but there’s another factor involved. In my view it’s even more critical. I’ll speak to you about that next time.

Thanks,

Rich Allen, Sports Betting Professor

Rich Allen is owner of the Sports Betting Professor website http://www.sportsbettingprofessor.com. 2 years ago he hired an actual PhD Statistician to develop a quantitative system to win consistently betting on American Football, NBA Basketball, College Football and Major League Baseball. His results have been stellar. The Average Guy, Can Learn The Secrets Of His Sports Betting System And Propel To Unthinkable Winnings For Life!”

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