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Author Topic: Why would anyone use a betting broker? Have you tried it?  (Read 761 times)
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January 17, 2021, 09:42:05 AM
 #1

I saw a thread about a betting broker on Bitcointalk yesterday, and I started wondering why it's even a thing if it's not hard to register and use a betting website directly.
I read this article which states 5 reasons to use such an intermediary:
Quote
Access to bookmakers that you are already limited on
Use bookmaker that aren't available in your country
High limits and best odds
Access Asian bookmakers odds
Less administration
The first and the second point sound like cheating because one shouldn't play from a restricted jurisdiction. As for the third one, good websites can offer odds boosts which are also beneficial (I'm thinking of Sportsbet.io where I use the odd boost very often), and the broker's fee will also undermine the better odds one might be getting. Here are a couple of examples of boosted odds on my recent bets:

Another downside of brokers for me personally is that they seem to have a very significant minimum deposit of $150-200, whereas I tend to deposit about $10-$30 to a sports betting website, and it lasts me for a long time.
Overall, is it really worth it? Have you ever used a broker and do you think it's truly useful and profitable to do so?

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January 17, 2021, 10:10:22 AM
 #2

I haven't used a betting broker yet and just go directly to the bookmakers website myself. After being used to the website and how they quote their odds should be fine to go straight to the source. No need to use an additional layer between my bets. However, there could be some reasons to use a broker. If there is a good comparison between odds across many different bookmakers it would help to do check for ourself. Also some promotions for new customers could be attractive.
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January 17, 2021, 10:29:32 AM
 #3

Overall, is it really worth it? Have you ever used a broker and do you think it's truly useful and profitable to do so?

Are you looking to bet in illegal markets, or to gamble in a state where sports betting is illegal? In such cases, the use of the betting broker service will make sense. Besides, a betting broker will find you the best odds for any game.

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January 17, 2021, 10:48:57 AM
 #4

I always use the websites without any intermediaries, perhaps because my country is not on the list of countries that the casino or gambling websites prohibit. is it not wrong to use these betting broker?

Are you looking to bet in illegal markets, or to gamble in a state where sports betting is illegal? In such cases, the use of the betting broker service will make sense. Besides, a betting broker will find you the best odds for any game.

but wouldn't that be against the betting site TOS or even be a crime?


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January 17, 2021, 11:46:37 AM
 #5

I think it's just because the bookers have been here since a long time and the people really actually connect with them at some places , a lot of old people , people of middle age prefer to just go to them because they really don't know that they can entirely skip the middle man and that there are better betting opportunities available online at various sites.

I do think it's just a matter of educating them about it since they still have to learn that there are things like this but at the same time I do think it's more for the ** experience** for most and many of them don't trust themselves or such claims of having everything done so easily. I guess we would never know.

But I have personally never tried it except for the time when I was a teenager and there was some games like this in shops 😂 the games were actually gambling and marketed by local shop owners.

Betting in illegal markets ? Lol no , don't do that if you were found doing this you would straight away go to jail and what else can you trust ?? The bookers ? Naah you can't trust any of them 100% therefore rather be safe than sorry.

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January 17, 2021, 02:29:27 PM
 #6

I do not use betting broker before. And as I do not know much about a sports game, I only watch the match without placing a bet to the team. And if I want to bet on the team, I only send the money to my friend and let them place the bet together. People use a betting broker for many reasons, and maybe they find that betting broker is the way they search for gambling.

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January 17, 2021, 08:21:17 PM
Merited by chaser15 (2)
 #7

I saw a thread about a betting broker on Bitcointalk yesterday, and I started wondering why it's even a thing if it's not hard to register and use a betting website directly.

It's a hassle for some gamblers to check every site's provided odds that's why there's a one-pit stop where they can see it one place and directly place a bet there without the need for signups to their chosen site (accounts are made by the broker). With the use of a betting broker service, gamblers will be offered best-of-the-best odds and from there they can easily decide where to place a bet (supported and partnered bookmakers).

As for the third one, good websites can offer odds boosts which are also beneficial (I'm thinking of Sportsbet.io where I use the odd boost very often)

In some cases, even with the applied odds boost by Sportsbet, still, their odds are "slightly" behind to their competitors.

The first and the second point sound like cheating because one shouldn't play from a restricted jurisdiction.

I don't consider it cheating because you are accessing the site in a legit way, which is via a broker. The account you will use here is generated by the brokers.

And besides, the broker itself has its own restricted countries.

Another downside of brokers for me personally is that they seem to have a very significant minimum deposit of $150-200, whereas I tend to deposit about $10-$30 to a sports betting website, and it lasts me for a long time.

For a casual gambler, it's a downside but for a heavy gambler, that was nothing. Since gamblers will be offered the best-of-the-best odds as possible, it just makes sense to have a decent balance.

Overall, is it really worth it? Have you ever used a broker and do you think it's truly useful and profitable to do so?

Personally, I haven't used their service yet since even with the best odds out there, I have my preferred betting site.

Is it worth it? That service won't be popular if it's not giving an advantage to those regular gamblers. In fiat gambling, a broker service is popular.

And about being profitable, it won' increase your winning chance. It's just that you can able to place higher stakes in different betting sites plus lots of advantages. Your key to profit will still be the same as how you managed your usual bet and making analyzations on your picks.

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January 17, 2021, 08:44:18 PM
 #8

Most of the gamblers I know in real life use a broker or a bookie. Crypto is still pretty niche and not everyone has access to gambling platforms. It’s far more common to place a bet with a person using cash in my real life experience.

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January 17, 2021, 08:52:40 PM
 #9

Another downside of brokers for me personally is that they seem to have a very significant minimum deposit of $150-200, whereas I tend to deposit about $10-$30 to a sports betting website, and it lasts me for a long time.
Overall, is it really worth it? Have you ever used a broker and do you think it's truly useful and profitable to do so?

Never ever in my gambling experience on using up a betting broker.It doesnt really make sense if you do really think on well on whats the point on using up these platforms or services?
You can really tell the difference if you had just simply go direct to the platform or bookies rather than letting yourself get attached into this one.
Aside from high minimum deposit needed, it isnt really that relevant after all.

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January 17, 2021, 08:56:21 PM
 #10

Been to a sports forum before and checking the gambling section there, that service is very popular.

No need to sign-up on different websites and they can place a bet within just a few clicks. Maybe not popular in crypto so others think it's not a good service. Smiley
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January 17, 2021, 09:10:49 PM
 #11

.. and I started wondering why it's even a thing if it's not hard to register and use a betting website directly.

The answer is already on the link you have posted.

Depositing at various sites is not convenient for me just to get the best odds with only a small margin. If it's will be done in one place then it's quicker to deposit. Right now, some of the most popular crypto sports betting websites, or the one I preferred aren't partnered with the broker service. Maybe in the future, I will consider using that service, and if the minimum deposit won't that big as I'm not a big gambler.

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January 17, 2021, 09:35:17 PM
Last edit: January 17, 2021, 11:22:53 PM by ReiMomo
 #12

Well, for safety precaution and if you have a doubt on the gambling sites when you will deposit your money and now ready always because anytime we well not go there. A betting broker is just like a price of bitcoin monitoring for just a period of time. If the exchange will not be trusted or the trust score is not enough I think it is good to use a betting broker to act as an escrow of the fund.

So far, I never tried it and I don't have a plan to try this.

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January 17, 2021, 10:39:48 PM
 #13

Maybe if gambling will be illegal in our country, but for now, I'm enjoying in gambling anonymously online, so broker is not really needed. I'm thankful that crypto casinos exists because it solves my problem in the past, when accessing to fiat casinos, my IP will be detected and it will prompt that they will not accept bets from my country.. maybe if crypto did not exist, I will be able to force myself to use this kind of service just to gamble.

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January 17, 2021, 11:47:03 PM
 #14

....
Another downside of brokers for me personally is that they seem to have a very significant minimum deposit of $150-200, whereas I tend to deposit about $10-$30 to a sports betting website, and it lasts me for a long time.

That was their rules also, it is us if we take this and use their services or leave it. I don't know also if that $150 is really the amount we have to play or something they will get some fees for our deposit and only $100 left (just saying).
It possible that only a few gamblers do this, might only those who do not know about betting or newcomers who wants an easy bet that they need this kind of services to make their gambling life so easy but I don't think if they are profiting with this.

For us who wanted to save money, it makes us choose which we can maximize our money and could actually use our knowledge and skill in gambling. $50, $100, it is a long day for me to enjoy betting.



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January 18, 2021, 12:00:14 AM
 #15

For people living in a country where there is hard regulations for gambling will prefer using the broker services. These days we've got more and better access to gambling sites than going through a bookmakers. In some cases you need to go for escrow services, and this is charged. This way bookmakers are good for the gamblers who go on large scale betting.

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January 18, 2021, 12:12:19 AM
 #16

Well, for safety precaution and if you have a doubt on the gambling sites when you will deposit your money and now ready always because anytime we well not go there. A betting broker is just like a price of bitcoin monitoring for just a period of time. If the exchange will not be trusted or the trust score is not enough I think it is good to use a betting broker to act as an escrow of the fund.


I get what your saying that the broker will act as escrow but the way I see it you have to provide another level of trust, now between your broker and then the gambling casino, as there is no guarantee that the broker will get you any better results than what you can do on your own.

Same idea here, never have and probably won't get one ever - for me it is not worth it having an intermediary like a broker.
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January 18, 2021, 12:14:43 AM
 #17

Been to a sports forum before and checking the gambling section there, that service is very popular.

No need to sign-up on different websites and they can place a bet within just a few clicks. Maybe not popular in crypto so others think it's not a good service. Smiley

yeah like what @viscore said this service is popular before in fiat betting so mostly people are aware with this service are non crypto gamblers . i didnt knew how this work but i already heard of the word broker before in betting but thanks for explaining how it works .

 i didnt knew that this can make the life of the gambler easier and useful if the gambler wants to mass betting between many different betting sites .
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January 18, 2021, 01:02:19 AM
 #18

Never heard of that, only now, but I think its someone who arranges a bet for yourself instead of you who will need to bet on the game you want to join, I think there is also a fee paid to them or a commission when you win, but it may also lesson job for you, or if you want others to know you are gambling maybe you can use these to be anonymous, also I think they have some advantage when betting, its really new to my ear.

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January 18, 2021, 01:07:32 AM
 #19

I haven't used one and would probably not ever use it in the future. The benefits in using an intermediary as enumerated above are not attractive to me personally. For one, I am not into heavy gambling so a little difference in odds doesn't matter much to me. I can therefore be satisfied with the limited number of bookmakers available in my country as well.

I guess brokers would be much needed for big-time bettors. If you are playing with a few tens or even hundreds of dollars then it is definitely not for you.

The first and the second point sound like cheating because one shouldn't play from a restricted jurisdiction.


I don't think there is cheating there. You are not playing, after all. You are restricted and that is the very reason why you don't play and instead ask someone else who is allowed to play to place a bet on your behalf.

Quote
As for the third one, good websites can offer odds boosts which are also beneficial (I'm thinking of Sportsbet.io where I use the odd boost very often), and the broker's fee will also undermine the better odds one might be getting.


As I've said, if you're playing with just a small amount, paying a broker is certainly absurd.

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January 18, 2021, 01:23:52 AM
 #20

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.

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January 18, 2021, 03:39:34 AM
 #21

In real life, I think gamblers use betting broker services because they can't bet directly, so they need help from people who can place their bet. I haven't use betting broker, and I think I don't need it because I am playing gambling with crypto, which I can directly visit on the crypto gambling site without any problem. Besides that, I think people use that because they don't want to get a problem with the police who can search for people who gamble in their city and arrest them if they caught people playing gambling.
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January 18, 2021, 04:24:09 AM
 #22

I haven't tried one, because I feel like I should bet as much as I am allowed. If I am limited to certain sports or websites then I just move on to some other websites which gives me opportunity to bet more. Using an intermediary is risky and it's like you don't have access to your own funds. And getting limited on websites is also helpful after a big win as people tend to lose it all if they can't control their addiction and think they will always win!
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January 18, 2021, 07:17:18 AM
 #23

Actually broker services are used by people who live in countries that prohibit gambling and block gambling sites, because if they force playing
online gambling using a VPN it can result in suspension. Because some gambling sites do exist that prohibit their users from using VPNs.
There could also be people who are lazy to do analysis when they are going to do sports betting, or really interested in the portfolio of the broker
services. So it really helps some people with the presence of a broker service, but be careful in choosing a broker service. Choose those who already
have a reputation, because not a few broker services are scam.

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January 18, 2021, 10:06:05 AM
 #24

Playing using a broker will make you lose more, you are playing in a bookie where they get commission or their advantage and you will also pay on the broker at the same time, double disadvantage on your part and therefore you need to be extremely good in order to win.

I don't know if there are people who are using this service consistently, but I don't think they are profitable doing this.

Maybe the best solution is just to use VPN so your can change your IP, there's a risk but at least with minimal bet you'll not take a higher risk.

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January 18, 2021, 10:21:11 AM
 #25

I think that a VPN is a cheaper solution for everyone who feels limited in certain ways.I have never used such service because I was never in need of such service.Probably the only persons who have tried this are gamblers of more than 50 years in age which have no good know how of how to bypass limitations.

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January 18, 2021, 10:26:36 AM
 #26

I have never done that and won't probably do it. What's the sense of betting with a broker if you can do it alone. We have the same thought OP as to why we have to use them if things are easier to be done by ourselves.

If they have minimum deposit which seems to be high for an individual, I'll go with those casinos or bookies that are allowed in my jurisdiction. We have various choice and I don't think that there's a need for me to try it.

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January 18, 2021, 11:08:35 AM
 #27

I think that a VPN is a cheaper solution for everyone who feels limited in certain ways.I have never used such service because I was never in need of such service.Probably the only persons who have tried this are gamblers of more than 50 years in age which have no good know how of how to bypass limitations.

The problem with VPN is that most sites don't allow it as part of their TOS, you can still do it but at your own risk. The problem is if there are ever any issues with your account the bookmaker might limit your account and will keep all your winnings. Using a betting broker you bring you better rights and some form of security if something goes wrong. It is probably better to have the law on your side so you could go to court if something goes wrong.
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January 18, 2021, 01:48:27 PM
 #28

My input: This is normal in places where gambling is either illegal or is hard to find. Especially where I live, not everyone can easily find a sportsbook online (there is impossible to find in physical locations).

Then you have regular bookies, or brokers who take your money and place bets for you at odds you want (so you are saved the trouble of waiting to get your odds). These brokers also match people as in real life P2P:)

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January 18, 2021, 02:09:09 PM
 #29

Been to a sports forum before and checking the gambling section there, that service is very popular.

No need to sign-up on different websites and they can place a bet within just a few clicks. Maybe not popular in crypto so others think it's not a good service. Smiley

yeah like what @viscore said this service is popular before in fiat betting so mostly people are aware with this service are non crypto gamblers . i didnt knew how this work but i already heard of the word broker before in betting but thanks for explaining how it works .

 i didnt knew that this can make the life of the gambler easier and useful if the gambler wants to mass betting between many different betting sites .

Actually the pandemic might be a blessing in disguise for some gamblers to know about crypto, since casinos are close and most gambling are done online, then crypto betting would really fit to their needs and wants. If only they are educated with crypto, betting broker would not be needed anymore or their business will reduce in profitability since it's easy to bypass the restriction of crypto casinos.

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January 18, 2021, 02:37:46 PM
 #30

In reality it would be because you don't use a betting broker! It is more common than it seems, only that it occurs in another type of level of gamblers, in fact it occurs in other areas, managers that make your funds profitable.

In the world of sports betting it is no different, in my case it is a matter of time rather than laziness or that I do not like sports bets the reason why I would use them, but there are gamblers who only want to know the amount of what who won or lost, the analysis, the odds, the statistics, etc., are left to the betting broker.

In any case it is a question of "Gambler" level, in fact there is still the old school, a phone call and that's it, but this was extended to online betting in a professionally and organically way.

Reading things like that you use a broker because there are restrictions is silly you can always bet in most countries, there is always a casino that allows it, if you want to do it you will get it, the broker has a more advanced function than simply get you where to bet.

There are things that we do not know or do not use and they do not mean that they are not normal or of regular use for many other users in the world of gambling.

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January 18, 2021, 03:16:00 PM
 #31

My input: This is normal in places where gambling is either illegal or is hard to find. Especially where I live, not everyone can easily find a sportsbook online (there is impossible to find in physical locations).

Then you have regular bookies, or brokers who take your money and place bets for you at odds you want (so you are saved the trouble of waiting to get your odds). These brokers also match people as in real life P2P:)

I think you can be a broker as you are in crypto space, you can take their bet, get some commission and place it in crypto sportsbook here. I believe crypto sportsbook here has a competitive betting odds with the big fiat bookies so this is a great opportunity if you'll do it.

The only problem is you take the legal risk as anytime you can be arrested for running an illegal gambling although you are just a broker.

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January 18, 2021, 03:27:03 PM
 #32

In real life, I think gamblers use betting broker services because they can't bet directly, so they need help from people who can place their bet. I haven't use betting broker, and I think I don't need it because I am playing gambling with crypto, which I can directly visit on the crypto gambling site without any problem. Besides that, I think people use that because they don't want to get a problem with the police who can search for people who gamble in their city and arrest them if they caught people playing gambling.
Which is a high probability why gamblers usw betting broker. Well at some reason maybe they have been encourage by a broker and they are no time to directly place a bet on the site or the game that they wanted to place a bets but since the broker offers hisher service that a bettor find it convenient for him/her that's why maybe some of us here are using or willing to pay for a betting broker. But personalky speaking, i haven't try to use any betting broker yet.

If you have access to crypto then there’s not much of a need to use a broker. I imagine if most gamblers knew they could place bets directly using crypto then they wouldn’t use a broker. This is why gambling sites are among the most popular here. It’s a use case for Bitcoin that makes sense to a lot of people. In the future there will be many other successful use cases, but they’re all waiting for someone to create them.

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January 18, 2021, 08:45:54 PM
 #33

I have never done that and won't probably do it. What's the sense of betting with a broker if you can do it alone. We have the same thought OP as to why we have to use them if things are easier to be done by ourselves.

If they have minimum deposit which seems to be high for an individual, I'll go with those casinos or bookies that are allowed in my jurisdiction. We have various choice and I don't think that there's a need for me to try it.

Looks like you didn't understand the whole point of using a betting broker.

There are gamblers, especially those hardcore sports bettors, who are strict in terms of choosing odds that even .5 to 1% increase matters. In fiat gambling, that was necessary. If you will look into odds comparison sites, they like to bet on the best odds they can get. It's not comfortable if they will sign up at different websites just to get the best odds. These gamblers want to have a sports betting account that can bet at the best odds in one click.

That's where using the broker is an advantage as right in front of their screen, they can choose from various websites offering a good deal.

For us, who are not used to use a betting broker, it will be easy to say that why do we need this if we can bet for ourselves.

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January 18, 2021, 09:52:44 PM
 #34

If anyone is really paying money to "betting brokers", then all they want is cheap and easy money with little to no effort. You could pay money to those who provide detailed statistics about certain teams, their recent matches, historical moments between team A and B, how these two team compete, who wins when match is at home/away, etc. In this information, I think that it's quite logical and good to pay money, this information is very beneficial for the bettor. Otherwise, anyone offering such proposal is just a scammer or a young boy who recently won some bucks in tickets and now wants to make more money.

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January 18, 2021, 09:52:49 PM
 #35

Having broker when in fact you can do it on our own is simply a waste of money or a charity given to give money to others. It's understandable if we're too busy from other things like our job and still see potential in trading or investing but when it comes in gambling, It's not necessary since it's base in luck and not skill based, we should not depend on others luck,play only if we can and risk amount we know we can afford.

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January 18, 2021, 11:58:20 PM
 #36

Having broker when in fact you can do it on our own is simply a waste of money or a charity given to give money to others. It's understandable if we're too busy from other things like our job and still see potential in trading or investing but when it comes in gambling, It's not necessary since it's base in luck and not skill based, we should not depend on others luck,play only if we can and risk amount we know we can afford.

Sports betting is luck based to you? lol.

Where's the charity and dependent part? Brokers aren't meant to help you who will win so I don't know why there's a statement that we need to depend on others. And where's also the busy part as betting with brokers is not automated.

Please read the website link on the 1st page shared by OP to learn more about what's a broker and their role.

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January 19, 2021, 12:58:13 AM
 #37

~snip~
Which is a high probability why gamblers usw betting broker. Well at some reason maybe they have been encourage by a broker and they are no time to directly place a bet on the site or the game that they wanted to place a bets but since the broker offers hisher service that a bettor find it convenient for him/her that's why maybe some of us here are using or willing to pay for a betting broker. But personalky speaking, i haven't try to use any betting broker yet.

Perhaps, that is the reason why a gambler use betting broker to help them to place their betting. If they already subscribed to the services that are available around them, I think they will still use that unless the gambler can found the other way that they will think it is more convenient for them to betting. But in crypto gambling, we don't really need the betting broker because we can choose the crypto gambling site and start playing gambling directly with our money. If people out there know about crypto gambling, they will curious and perhaps, they will stop using a betting broker.
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January 19, 2021, 01:57:05 AM
 #38

The second reason is actually well used by others who don't have much access to gambling sites in their country. They may be a small population, but they are still possible customers. It isn't anything odd, nor is it anything that should be shunned imo. It's a perfectly reasonable service, and really, it's just up to you whether you want to use it or not. As for the issue of why brokers ask for so much money, well, I mean, who would want to do a job that only pays what, $10,$15 right? Brokers do their job seriously imo (the legit ones anw), and they put in a lot of effort into it, so I guess them dealing with big money is understandable.

Is it worth it? Well, it depends on your situation tbh. If you have the money, and not the time BUT you do want to bet, then feel free to do so. But if you can do it yourself and you wantto do it yourself, then do so.

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January 19, 2021, 06:16:09 AM
 #39

Two reasons naturally. First is that these brokers work well in countries with strict regulations regarding gambling. These gamblers allow them to pretty much experience the same freedom a person from a much more gambling-liberated country experiences. Number two, these brokers are well-experienced, moreso if it's an AI rather than let's say a regular gambler, so a typical gambler with little confidence over himself would hesitate on bigger gains where a broker wouldn't with of course, a slightly bigger odds at winning.
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January 19, 2021, 09:16:31 AM
 #40

I have never done that and won't probably do it. What's the sense of betting with a broker if you can do it alone. We have the same thought OP as to why we have to use them if things are easier to be done by ourselves.

If they have minimum deposit which seems to be high for an individual, I'll go with those casinos or bookies that are allowed in my jurisdiction. We have various choice and I don't think that there's a need for me to try it.

Looks like you didn't understand the whole point of using a betting broker.

There are gamblers, especially those hardcore sports bettors, who are strict in terms of choosing odds that even .5 to 1% increase matters. In fiat gambling, that was necessary. If you will look into odds comparison sites, they like to bet on the best odds they can get. It's not comfortable if they will sign up at different websites just to get the best odds. These gamblers want to have a sports betting account that can bet at the best odds in one click.

That's where using the broker is an advantage as right in front of their screen, they can choose from various websites offering a good deal.

For us, who are not used to use a betting broker, it will be easy to say that why do we need this if we can bet for ourselves.
I thank you for that explanation about the use and advantage of the broker. As I've said I have no experience with it and it's good that you have explained it well to me to understand how it works and what's the good side of it.

In my understanding through your explanation, it saves time and you'll get the best odds of them all which is being supported/listed through that broker. And each of those percentage differences does really matter a lot for those hardcore bettors who bet huge amounts for games that they like to bet on.

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January 19, 2021, 09:53:45 AM
 #41

I usually assume such brokers want to provide very useful services that aren't available on betting sites they are promoting. I think such service could include helping those who are restricted for not meeting certain requirements that got them restricted on betting sites. If the brokers are able to provide safe/right betting environment for those who were unjustly/unfairly restricted for their own safety and the safety of others, then I think It might be ok to allow them to bet through the safe/responsible brokers.
The minimum deposit amount is quite high. Sometimes I wonder what are their reasons for using high minimum. It can be unaffordable or very risky for certain people to deposit amount of money they consider big to risk
.
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January 19, 2021, 10:24:51 AM
Last edit: January 19, 2021, 12:16:20 PM by AicecreaME
 #42

<...>

I think betting illegal markets are less attractive to the majority of the players, so what OP meant I guess is the normal gambling sites only. Using a betting brokerage or a bet broker only gives you convenience and you could save time on betting multiple bets in your account according to this article. But of course it has fees as well, so you'll double up the money you're supposed to spend on betting only, that's why most of the players don't use this method.
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January 19, 2021, 12:01:49 PM
Merited by kryptqnick (1)
 #43

I don't really see a sensible use for a betting broker, especially since most of us here are probably just doing some small bet amounts on certain sports that we do like. Imagine giving a cut to the broker win or lose, that's just insane. Also, there is also this risk that the broker doesn't pay up in the event of a big win, so technically it's like giving your money away to someone whom you don't really know. Even if they offer juicy odds, that would easily be taken away from the cut that the broker will take if the bet wins, so in the end there aren't any juicy odds to begin with.

I wouldn't be using such a service, at all.

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January 19, 2021, 01:36:35 PM
 #44

~
There are gamblers, especially those hardcore sports bettors, who are strict in terms of choosing odds that even .5 to 1% increase matters. In fiat gambling, that was necessary. If you will look into odds comparison sites, they like to bet on the best odds they can get. It's not comfortable if they will sign up at different websites just to get the best odds. These gamblers want to have a sports betting account that can bet at the best odds in one click.

That's where using the broker is an advantage as right in front of their screen, they can choose from various websites offering a good deal.

For us, who are not used to use a betting broker, it will be easy to say that why do we need this if we can bet for ourselves.

It looks logical, but from all the replies I read in this thread not a single person said they are using, or were using, betting brokers. There is a good reason for that, imo. I personally would never use such "assistance", because it would turn the entertainment of betting into some kind of a job with all the associated headaches and stuff. What I want from gambling is relaxation, not yet another job. Smiley

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January 19, 2021, 02:51:55 PM
 #45

Marvelman and Slow death, I'm definitely not interested in illegal betting, and I agree that it seems wrong to use a broker to bet from a restricted jurisdiction (I think I pointed it out in my post, but since many wrote this question, I guess I didn't phrase it well). However, I'm not sure if it's explicitly against the ToS, I guess it depends on a casino. Not to mention that harizen and Darker45 say it's not cheating and is actually legal to do so.
OgNasty, I agree about the real life, but online broker seems redundant to me.



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January 19, 2021, 08:46:04 PM
 #46

Not to mention that harizen and Darker45 say it's not cheating and is actually legal to do so.

Honestly in fiat sportsbook, websites are partnered with a broker site. It means all accounts that came from that broker are legit and sportsbook is aware of that. It's even an advantage to them since their platform is being advertised on that broker's website. In other words, it's not on sports betting site's jurisdiction anymore if they have players from their restricted countries that came directly by a broker site service. That makes it's legit.***

Also, there is also this risk that the broker doesn't pay up in the event of a big win, so technically it's like giving your money away to someone whom you don't really know.

I didn't understand your point here. Brokers are not individuals or a single person. It's not a transaction or deal that made via PM, DM, etc. They are a company and running a platform where you have an account dashboard etc. Also a big help for gamblers that can't access a specific gambling site in their country.

Obviously, why should someone choose a non-popular sports broker? The process should be the same as how we looked for good and honest sportsbook sites.

It's understandable though that most of us here are not showing interest in using a broker since we are in crypto gambling. But outside, that was a popular service in the gambling world. No need to put negative views if we are lack information about its advantages.

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January 19, 2021, 08:54:56 PM
 #47

There are pros in hiring betting broker, first is when online gambling is illegal in your country or if you're country is banned to a specific sports betting site. You can pay a broker to gamble for you and earn profits if his skilled in gambling.
The downside maybe is the brokers fee, and the cost in hiring one plus you won't be able to enjoy gamble yourself.
when i gamble i want to feel the that im really gamble and i can do that with myself and i hate paying for more extra fees .

 broker is a no no for me and if theres a gambling site that are banned in my country why not look for a gambling site that are not banned ? but i think there is a certain country where all gambling sites and all forms of gambling are totally banned ,

they dont know what it feels like to gamble but they like to earn a profit and they will hire a broker
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January 19, 2021, 10:37:47 PM
 #48

There are pros in hiring betting broker, first is when online gambling is illegal in your country or if you're country is banned to a specific sports betting site. You can pay a broker to gamble for you and earn profits if his skilled in gambling.
The downside maybe is the brokers fee, and the cost in hiring one plus you won't be able to enjoy gamble yourself.
when i gamble i want to feel the that im really gamble and i can do that with myself and i hate paying for more extra fees .

 broker is a no no for me and if theres a gambling site that are banned in my country why not look for a gambling site that are not banned ? but i think there is a certain country where all gambling sites and all forms of gambling are totally banned ,

they dont know what it feels like to gamble but they like to earn a profit and they will hire a broker

Most of us definitely will not use a broker to gamble.
However, as Sadlife mentioned, there are some gamblers who can't gamble due to their country's restrictions.
So what they do is contact these brokers to do the betting for them.
However, they need to be careful in selecting one, unless, you have a history already with that broker.
Hard to trust a broker in my opinion. So lucky for those gamblers, who don't need any broker to gamble.
We can really enjoy the game as well as we have the full control of our funds.
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January 19, 2021, 10:41:14 PM
 #49

There are pros in hiring betting broker, first is when online gambling is illegal in your country or if you're country is banned to a specific sports betting site. You can pay a broker to gamble for you and earn profits if his skilled in gambling.
The downside maybe is the brokers fee, and the cost in hiring one plus you won't be able to enjoy gamble yourself.
when i gamble i want to feel the that im really gamble and i can do that with myself and i hate paying for more extra fees .

 broker is a no no for me and if theres a gambling site that are banned in my country why not look for a gambling site that are not banned ? but i think there is a certain country where all gambling sites and all forms of gambling are totally banned ,

they dont know what it feels like to gamble but they like to earn a profit and they will hire a broker
Using a broker is not because we are banned to do it, people who have little knowledge in betting and need some guidance will usually use this. This kind of service really exists for a good reason and to help new bettors to enjoy their life in gambling.

Well, fees are expected to see as they are acquiring such services. Known brokers will surely have a big share when you win. But I don't think it is really needed for us to have this when you are just a casual bettor and when you are not in gambling always(on/off). That to be an option and in my self, not probably acquiring this.

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January 19, 2021, 10:56:11 PM
 #50

There are many reasons why some gamblers have finally decided to use a betting broker. But I have been playing gambling for more than 5 years,
and haven't thought of using a broker to replace me playing gambling. I still believe in my gambling skills, and also I can still access gambling sites.
So there is no compelling reason for me to try to use a broker. After all, I only make gambling as entertainment, so getting profit from gambling is
not my main goal for gambling. Until now I am not interested in using a broker.

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January 19, 2021, 11:55:05 PM
 #51

Two reasons naturally. First is that these brokers work well in countries with strict regulations regarding gambling. These gamblers allow them to pretty much experience the same freedom a person from a much more gambling-liberated country experiences. Number two, these brokers are well-experienced, moreso if it's an AI rather than let's say a regular gambler, so a typical gambler with little confidence over himself would hesitate on bigger gains where a broker wouldn't with of course, a slightly bigger odds at winning.

Hopefully these guys who've been a broker for so many years won't do bad on their clients as well. Because when it involves money, that's really an evil thing specially on people who had dark sides about gambling. I don't say in general, but we have to be careful for so many strangers even though bigger odds awaits on that betting investments.
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January 20, 2021, 01:57:56 AM
 #52

Two reasons naturally. First is that these brokers work well in countries with strict regulations regarding gambling. These gamblers allow them to pretty much experience the same freedom a person from a much more gambling-liberated country experiences. Number two, these brokers are well-experienced, moreso if it's an AI rather than let's say a regular gambler, so a typical gambler with little confidence over himself would hesitate on bigger gains where a broker wouldn't with of course, a slightly bigger odds at winning.

Hopefully these guys who've been a broker for so many years won't do bad on their clients as well. Because when it involves money, that's really an evil thing specially on people who had dark sides about gambling. I don't say in general, but we have to be careful for so many strangers even though bigger odds awaits on that betting investments.

I hope that too, and they can hold the money, take care of it for the winner, and distribute the win money to the winner. But if we doubt that services, we don't have to use betting broker, and especially we now have a sports betting using crypto, which can help us use our money to gamble without help from the third-party services. Besides that, if we use crypto to gamble, we can have a chance to manage our funds, and we can know how much money we can use to gamble.
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January 20, 2021, 02:38:26 PM
 #53

Thanks for the discussion so far!
From what I see, betting brokers are popular in real-life fiat betting because it's easy to go to a nearby location and tell someone what you want to bet on, so that they place the bet for you where the most attractive odds are offered. This is an option for serious gamblers because small deposits don't seem to be accepted by betting brokers.
In the world of online crypto betting, however, this service seems way less popular, and it's even hard to find someone who tried it.

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January 20, 2021, 07:16:33 PM
 #54

Overall, is it really worth it? Have you ever used a broker and do you think it's truly useful and profitable to do so?

Contrary to popular belief, betting brokers are really essential in various ways, legal or illegal. Many gambling platform often restrict users based on their scope on countries supported and this comes a benefit of using a broker, whereas you still can control your possible winnings -- only changed is that you are using a middleman or a platform that serves as a middleman -- which can only be illegal if and only if the platform/middleman isn't licensed nor registered in conducting its broker-like offers.

However, I haven't tried using one, but would soon as it could somehow save you time yet gives you a huge possibility of wins as well -- a lowkey win-win situation.
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January 20, 2021, 07:28:13 PM
 #55

Thanks for the discussion so far!
From what I see, betting brokers are popular in real-life fiat betting because it's easy to go to a nearby location and tell someone what you want to bet on, so that they place the bet for you where the most attractive odds are offered. This is an option for serious gamblers because small deposits don't seem to be accepted by betting brokers.
In the world of online crypto betting, however, this service seems way less popular, and it's even hard to find someone who tried it.
So far  i havent seen one and not really that much of a common service even on typical or real life i havent encountered with this betting broker or something alike.
If thats the case then this would really be a big convenient when someone do really make out a bet for you and showing or telling off the best odds but
in general sense that why would really be needing this stuff if you can really do it on your own?

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January 20, 2021, 07:49:32 PM
 #56

I have never used the services of a betting broker because it always seemed to me that only newbies use such services and to be honest I have a negative attitude towards trust management. In my opinion, it is a completely unnecessary link between the gambling site and the player.

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January 20, 2021, 08:52:54 PM
 #57

I have never used the services of a betting broker because it always seemed to me that only newbies use such services and to be honest I have a negative attitude towards trust management. In my opinion, it is a completely unnecessary link between the gambling site and the player.

Can't believed that after all the discussion here, that's your thought about a betting broker. I respect your opinion but..

Contrary to your belief, not newbies but professional gamblers always use a betting broker service. And if you have a negative attitude towards trust management, then just apply your way on how you select a good service as on any website. There's no linking of a gambling site to a player here. It's a tool that a casual sports bettor won't understand.
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January 20, 2021, 09:39:25 PM
 #58

No, and I don't think that gamblers should use any brokers because many of them come from a jurisdiction where gambling is prohibited and they still do it. When they have ways to verify and get paid in crypto when they withdraw, I don't think they need any intermediaries because that will expose them to even threats like their finances being known by a stranger who may turn out to be a Government agent and they may be in trouble some time later.
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January 20, 2021, 10:58:37 PM
 #59

Haven't tried a betting broker site before because I have direct access to my favorite betting site and I don't play on high odds, I'm just a casual betting type of person who does small-time bets. This broker is mostly helpful for those who got issues accessing the betting site or wanting to have higher odds on their bets. I don't know if I need their service, Maybe if our country restricts us.
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January 21, 2021, 07:53:43 AM
 #60

Never used one but i've heard a lot of good things about betting brokers. I imagined it being like a betting exchange but even better, one day I was very close to opening an account with a betting broker because of how good the lines they've offered plus they didn't require KYC but I eventually lost interest as i'm satisfied with the sportsbooks i'm currently using.

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January 21, 2021, 10:25:19 AM
 #61

I have never used the services of a betting broker because it always seemed to me that only newbies use such services and to be honest I have a negative attitude towards trust management. In my opinion, it is a completely unnecessary link between the gambling site and the player.

Can't believed that after all the discussion here, that's your thought about a betting broker. I respect your opinion but..

Contrary to your belief, not newbies but professional gamblers always use a betting broker service. And if you have a negative attitude towards trust management, then just apply your way on how you select a good service as on any website. There's no linking of a gambling site to a player here. It's a tool that a casual sports bettor won't understand.

For sure he never try to use the service of betting brokers or even have on idea on what is their service offered to their bettors. And I respect his opinion about that since maybe his not really unto gambling and doing this for entertainment purposes only. Also negative thinking about that services is normal since many scams happened in the past until today so expect  people will think about negative on that options.

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January 21, 2021, 11:13:21 AM
 #62

I'd say that the majority of users for these full-time sports betting brokerages are from restricted jurisdictions.

There is really no reason to use them otherwise, since you are likely going to get the same if not better odds just by placing wagers on the site directly. The odds boosts are probably some form of a gimmick more than anything tangible.

Also, note that some of the sportsbooks that you think you're betting direct with may actually be brokers that essentially earn a spread off your bet - although the exact business model of each sportsbook obviously differs.
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January 21, 2021, 11:35:41 AM
 #63

I'd say that the majority of users for these full-time sports betting brokerages are from restricted jurisdictions.

There is really no reason to use them otherwise, since you are likely going to get the same if not better odds just by placing wagers on the site directly. The odds boosts are probably some form of a gimmick more than anything tangible.
If only they have a choice then they would not use a broken, like you said, there are countries that are restricted to access a gambling site and therefore those gamblers who really like to gamble has no option but to use the broker service.

Also, note that some of the sportsbooks that you think you're betting direct with may actually be brokers that essentially earn a spread off your bet - although the exact business model of each sportsbook obviously differs.
This is true, I notice a site before that the spread is not really up to the standard, and though they didn't say they are a broker but it's not good to gamble in a site when there are other sites that offers a very competitive betting odds.

We should be thankful that crypto sportsbook has increased in numbers, that way we will be able to find a lot of alternatives.

R


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January 21, 2021, 11:42:25 AM
 #64

I have never used the services of a betting broker because it always seemed to me that only newbies use such services and to be honest I have a negative attitude towards trust management. In my opinion, it is a completely unnecessary link between the gambling site and the player.

Can't believed that after all the discussion here, that's your thought about a betting broker. I respect your opinion but..

Contrary to your belief, not newbies but professional gamblers always use a betting broker service. And if you have a negative attitude towards trust management, then just apply your way on how you select a good service as on any website. There's no linking of a gambling site to a player here. It's a tool that a casual sports bettor won't understand.

For sure he never try to use the service of betting brokers or even have on idea on what is their service offered to their bettors. And I respect his opinion about that since maybe his not really unto gambling and doing this for entertainment purposes only. Also negative thinking about that services is normal since many scams happened in the past until today so expect  people will think about negative on that options.
Or maybe he never knows about betting broker service, because if a person does not gamble too often, he will not know a service like that, especially if that person is gambling using crypto.
It is hard to trust someone or services, especially if that service broker is new to him.
Maybe someday, he can search for that service, and I think that service will be available on his local casino which has a list of the gambling games.
But do not use that service if he doubts that the betting broker can not handle his money with the right.

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January 21, 2021, 12:39:24 PM
 #65

I have not tried using a broker before because it is unnecessary to me. I am playing in gambling sites which are legal in my country. I am not really looking for the best of odds every time I bet either. My betting sites of choice may not offer the best of odds out there but I am already contented with my experiences with them. And most of all, I am just a seasonal bettor so betting caps are not problems to me. I don't bet all the time.
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January 21, 2021, 02:07:01 PM
 #66

I have never used the services of a betting broker because it always seemed to me that only newbies use such services and to be honest I have a negative attitude towards trust management. In my opinion, it is a completely unnecessary link between the gambling site and the player.

Can't believed that after all the discussion here, that's your thought about a betting broker. I respect your opinion but..

Contrary to your belief, not newbies but professional gamblers always use a betting broker service. And if you have a negative attitude towards trust management, then just apply your way on how you select a good service as on any website. There's no linking of a gambling site to a player here. It's a tool that a casual sports bettor won't understand.

To be honest, I am not ready to pay for the services of a betting broker because I do not play for large sums. In addition, with my work schedule I can interrupt my work at any time and place a bet. The only thing I need is a good enough mobile Internet signal for that.

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January 21, 2021, 04:11:10 PM
 #67



To be honest, I am not ready to pay for the services of a betting broker because I do not play for large sums. In addition, with my work schedule I can interrupt my work at any time and place a bet. The only thing I need is a good enough mobile Internet signal for that.

Having good mobile internet is probably the best thing for betting because you can easily adapt to changes in Odds on the go. If you have enough time to do your own research and compare Odds across different bookmakers then there is definitely no need to use a betting broker. It might be good for older people who are not so good with smart phones and don't want to use a their phone extensiely while being away from home. In the end if you make decent money with betting, paying a small fee for a broker seems fine if he helps you to increase your returns.
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January 21, 2021, 04:24:31 PM
 #68

Some people prefer to choose to use certain broker probably because of some reasons:
- The broker is reputable and trusted, they have proven to give more profits
- The gamblers are not sure enough with their own predictions
- Simpler to use a broker
 and more other maybe

But personally, I never use it for betting

R


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January 21, 2021, 04:26:40 PM
 #69

it can be useful if you can't gamble directly with a site for some reason. I always have an unpleasant feeling when you should gamble through a broker, so in principle you are dependent on 2 parties that you must be able to trust. That may be just a bit too much to ask. in general i think its used to avoid juridisctions?
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January 21, 2021, 10:21:11 PM
 #70

it can be useful if you can't gamble directly with a site for some reason. I always have an unpleasant feeling when you should gamble through a broker, so in principle you are dependent on 2 parties that you must be able to trust. That may be just a bit too much to ask. in general i think its used to avoid juridisctions?
For those who can freely play without any problems in talks of legalities or jurisdictions then these kind of service would really be helpful
and i do think that this is the main reason on why such service is really on that existence.Some might be boggling up their minds on why the
heck will someone use of a betting broker if we can make our own freely? without even thinking that there are people who are
really restricted to do so or simply they are just too lazy. Cheesy

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January 21, 2021, 10:43:33 PM
 #71

it can be useful if you can't gamble directly with a site for some reason. I always have an unpleasant feeling when you should gamble through a broker, so in principle you are dependent on 2 parties that you must be able to trust. That may be just a bit too much to ask. in general i think its used to avoid juridisctions?
For those who can freely play without any problems in talks of legalities or jurisdictions then these kind of service would really be helpful
and i do think that this is the main reason on why such service is really on that existence.Some might be boggling up their minds on why the
heck will someone use of a betting broker if we can make our own freely? without even thinking that there are people who are
really restricted to do so or simply they are just too lazy. Cheesy
You are right and for those who dont have idea on what it is then better read this up.

http://alvin-almazov.com/theory/how-to-benefit-from-dealing-with-bet-brokers/
https://betinasia.com/blog/academy/what-is-a-betting-brokerage/

As mentioned;

Betting brokers (betting agents) provide their customers with accounts for major Asian bookmakers and betting exchanges, where players can have the best available odds on the market. Your broker guarantees anonymity for your betting action, which is very important for professional players. There is no commission charged on any of your placed bets. Standard practice of betting exchanges is to apply a commission on winning bets, but having an account via broker, commissions will be significantly lower than usual.

The broker will take care of depositing/withdrawing your funds and you can easily transfer money between your different bookmaker accounts.

R


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January 21, 2021, 10:57:15 PM
 #72

Some people prefer to choose to use certain broker probably because of some reasons:
- The broker is reputable and trusted, they have proven to give more profits
- The gamblers are not sure enough with their own predictions
- Simpler to use a broker
 and more other maybe

But personally, I never use it for betting

The reason you say is true, because now many people want to play gambling but are not sure of their analytical skills on the team that will play.
So when betting, sometimes choosing the wrong team, eventually making betting brokers start to be in demand. Because there have been many
betting brokers that have sprung up with evidence of successfully making a lot of profit. Therefore must be careful if Gamblers use a betting broker.
Always choose a reputable and trusted one.

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January 21, 2021, 11:06:54 PM
 #73

Some people prefer to choose to use certain broker probably because of some reasons:
- The broker is reputable and trusted, they have proven to give more profits
- The gamblers are not sure enough with their own predictions
- Simpler to use a broker
 and more other maybe

But personally, I never use it for betting

The reason you say is true, because now many people want to play gambling but are not sure of their analytical skills on the team that will play.
So when betting, sometimes choosing the wrong team, eventually making betting brokers start to be in demand. Because there have been many
betting brokers that have sprung up with evidence of successfully making a lot of profit. Therefore must be careful if Gamblers use a betting broker.
Always choose a reputable and trusted one.

I don't think that's what brokers do, I guess they'll only accept bet instead of betting directly to the site where we are restricted, in terms of choosing the bet, it's still on us, and broker can't dictate nor influence us with our decision.

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January 21, 2021, 11:21:49 PM
 #74

Also negative thinking about that services is normal since many scams happened in the past until today so expect  people will think about negative on that options.

There's nothing scam on that service mate. The service is 100% legit and it was popularly used.

The scam part is the platform that offers that service so as always, gamblers should make DYOR first before looking for a platform.

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January 22, 2021, 02:46:05 AM
 #75

Also negative thinking about that services is normal since many scams happened in the past until today so expect  people will think about negative on that options.

There's nothing scam on that service mate. The service is 100% legit and it was popularly used.

The scam part is the platform that offers that service so as always, gamblers should make DYOR first before looking for a platform.

Perhaps, he got bad experience with a betting broker or heard about that broker's scam, so he decided not to use their services because that is related to the money that he gave to the broker. It is normal to see he say like that because he wants to prevent to get scam by others or by the broker, and that is right, it is our responsibility to take care of our money and not give the money to the services that we don't trust. But there is a trust betting broker that will help gamblers bet, but we need to search for the right broker.
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January 24, 2021, 02:46:51 PM
 #76

Insanerman, if a platform restricts players for a certain country, I think one should simply not use this platform if one is from this country. Moreover, there's no need to go to the betting broker if one wants to access the website after all, since as some have already mentioned in the thread before, using a VPN makes more sense in that case.
madnessteat, you might be right about newbies using brokers, but I think someone mentioned in the thread that in real life it's actually experienced big-time gamblers who use them. Oh, and augustina2 also mentioned this point after your post.
After 4 pages of this discussion, there're still no gamblers here who said they used a broker.

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January 24, 2021, 03:13:32 PM
 #77

it can be useful if you can't gamble directly with a site for some reason. I always have an unpleasant feeling when you should gamble through a broker, so in principle you are dependent on 2 parties that you must be able to trust. That may be just a bit too much to ask. in general i think its used to avoid juridisctions?

But it will not be easy to find the right betting broker among the others, and reading the review from each of them will not always give a solution. But once we found the right betting broker, we can stay to use their services to help us to place the betting. I do not use that betting broker, but I collaborate with my friends, who will place the betting for us. I think that is better for me as I do not have to search for which trusty betting broker. You need to be careful to choose the betting broker, and better to ask your friend who uses that service.

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January 26, 2021, 10:02:32 AM
 #78

it can be useful if you can't gamble directly with a site for some reason. I always have an unpleasant feeling when you should gamble through a broker, so in principle you are dependent on 2 parties that you must be able to trust. That may be just a bit too much to ask. in general i think its used to avoid juridisctions?

But it will not be easy to find the right betting broker among the others, and reading the review from each of them will not always give a solution. But once we found the right betting broker, we can stay to use their services to help us to place the betting. I do not use that betting broker, but I collaborate with my friends, who will place the betting for us. I think that is better for me as I do not have to search for which trusty betting broker. You need to be careful to choose the betting broker, and better to ask your friend who uses that service.

This is technically the same thing, if you pay something for the service.

Since you are the only one in this thread who uses something akin to betting broker, I'd like to ask you about your experience.

1. For how long you've been doing this?

2. How much do they charge(if any)?

3. What is your overall profit from this business so far?

I'm saying "business", because, imo, it's not entertainment anymore once you've started using a betting broker or collaborating with your friends in order to place bets.

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January 26, 2021, 01:25:22 PM
 #79

This is technically the same thing, if you pay something for the service.

Since you are the only one in this thread who uses something akin to betting broker, I'd like to ask you about your experience.

1. For how long you've been doing this?

2. How much do they charge(if any)?

3. What is your overall profit from this business so far?

I'm saying "business", because, imo, it's not entertainment anymore once you've started using a betting broker or collaborating with your friends in order to place bets.

I send some amount of money to my friend who often places on the sports betting. I do not know where he places that betting, but I do not pay any service to my friend because we use some money together to place the betting. Maybe there is a fee that my friend spent, but he never told me about that, so I do not know.

Since I do not know to send too big money to him, I do not complain if he only sends a small amount. Let say, we use each $10, so our initial funds to place the bet will be $20. If we win, we will split that money between both of us. But if we lose, we lose together. Win or lose that will be the same for me because I do not place betting too often with him.

That is still entertainment because I only watch the game, and the rest will be set it up by my friend.

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January 26, 2021, 01:41:17 PM
 #80

I've never been using this kind of broker my whole life in gambling few of them are on knowledge and skill, sometimes having mistakes due to unexpected things like the underdog winning the game. If you are using a broker and wage to those underdog teams there is a chance you will make it double not even but also triple the wage you have.

Sometimes I follow the prediction of other people most likely those sports I'm not good at it and doubting my research. Some of my friends there is a broker but not on the crypto gambling mostly in e-sports
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January 26, 2021, 03:46:08 PM
 #81

I've never been using this kind of broker my whole life in gambling few of them are on knowledge and skill, sometimes having mistakes due to unexpected things like the underdog winning the game. If you are using a broker and wage to those underdog teams there is a chance you will make it double not even but also triple the wage you have.

Sometimes I follow the prediction of other people most likely those sports I'm not good at it and doubting my research. Some of my friends there is a broker but not on the crypto gambling mostly in e-sports
I also do not have any experience in using or collaborating with a betting broker. And I feel like I would not choose to do so. Well, for one it is hard to find someone who’s trustworthy to collaborate with, after all it is money that is being involved. Second, is the doubt with regards to their techniques and decisions in betting. And personally, I don’t think that I would enjoy gambling if someone else has to do it for me.

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January 28, 2021, 12:13:31 PM
 #82

This is technically the same thing, if you pay something for the service.

Since you are the only one in this thread who uses something akin to betting broker, I'd like to ask you about your experience.

1. For how long you've been doing this?

2. How much do they charge(if any)?

3. What is your overall profit from this business so far?

I'm saying "business", because, imo, it's not entertainment anymore once you've started using a betting broker or collaborating with your friends in order to place bets.

I send some amount of money to my friend who often places on the sports betting. I do not know where he places that betting, but I do not pay any service to my friend because we use some money together to place the betting. Maybe there is a fee that my friend spent, but he never told me about that, so I do not know.

Since I do not know to send too big money to him, I do not complain if he only sends a small amount. Let say, we use each $10, so our initial funds to place the bet will be $20. If we win, we will split that money between both of us. But if we lose, we lose together. Win or lose that will be the same for me because I do not place betting too often with him.

That is still entertainment because I only watch the game, and the rest will be set it up by my friend.

If you just spend $10 on it occasionally, then I agree with you, it is entertainment. I've been thinking previously that if someone uses help for making bets, it automatically means that the main purpose is making money, not entertainment. But you proved me wrong on that. Good for you! Smiley That's a healthy approach to gambling.

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January 28, 2021, 08:06:59 PM
 #83

If you just spend $10 on it occasionally, then I agree with you, it is entertainment. I've been thinking previously that if someone uses help for making bets, it automatically means that the main purpose is making money, not entertainment. But you proved me wrong on that. Good for you! Smiley That's a healthy approach to gambling.


We do sometimes think up too exaggerated and do finalized up things basing off on what we are currently seeing not only in the present but also in the past as well.

This is indeed a healthy approach towards gambling because same as you said where people do let others do make out bets for them is most likely be aiming for the money
but due to some restrictions or circumstances they dont able to do so but doesnt mean that they wouldnt really be letting someone to make bets for them.
This kind of services is quite relevant though but im not expecting that there would be business like this and that of course will be charging up for the service.

R


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January 28, 2021, 10:08:31 PM
 #84

Somepeople just didn't have that confidence in their iwn abilities and brains when it comes to gambling, so they'll ask a broker to bet for them, now the reason this AI betting system works is because it works on the betting pattern of the main guy, the original bettor. This gives a false sense of power on the bettors' end and a more optomized playstyle on the AI's.
I've never been using this kind of broker my whole life in gambling few of them are on knowledge and skill, sometimes having mistakes due to unexpected things like the underdog winning the game. If you are using a broker and wage to those underdog teams there is a chance you will make it double not even but also triple the wage you have.

Sometimes I follow the prediction of other people most likely those sports I'm not good at it and doubting my research. Some of my friends there is a broker but not on the crypto gambling mostly in e-sports
Imagine if you don't have to do anything like that anymore and you can just go watch Superbowl, NBA or something. That is how they are advertising this brokerage system.

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January 29, 2021, 01:34:12 AM
 #85

No I haven't tried it and I don't have a plan on using it.
It is just the same as stock broker why do some people use it?
They need assistance and they couldn't manage their funds properly so they seek assistance from the professional.

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January 29, 2021, 10:42:55 AM
 #86

No I haven't tried it and I don't have a plan on using it.
It is just the same as stock broker why do some people use it?
They need assistance and they couldn't manage their funds properly so they seek assistance from the professional.
I thought of it that it's no use to use them if we can do it on our own. But it was explained to me how the betting broker works. Read the explanation that was said in the quote below.

There are gamblers, especially those hardcore sports bettors, who are strict in terms of choosing odds that even .5 to 1% increase matters. In fiat gambling, that was necessary. If you will look into odds comparison sites, they like to bet on the best odds they can get. It's not comfortable if they will sign up at different websites just to get the best odds. These gamblers want to have a sports betting account that can bet at the best odds in one click.

That's where using the broker is an advantage as right in front of their screen, they can choose from various websites offering a good deal.

For us, who are not used to use a betting broker, it will be easy to say that why do we need this if we can bet for ourselves.

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January 29, 2021, 03:59:16 PM
 #87

Most of the gamblers wants to use a betting broker because of the second reason which they want to gamble even if it is restricted in their county but in my case, the broker are taking advantage of this situation also as I saw some brokers that are asking a non reasonable amount of fees.

With regards to odds, I guess it will not matter that much especially if there are only slight difference and I agree that the broker are also taking an advantage to their customers in the way that they are asking for a non reasonable minimum deposit compare to a betting platform. A $100 plus minimum deposit is a very high compare to the minimum deposit to the casinos as there are casinos that are accepting even a less than $10 minimum deposit.
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January 29, 2021, 04:45:49 PM
 #88

I haven't tried using a gambling broker before because I believe that direct access would be easier. We can't question other people who are using it because it serves as their guide especially for those who are just beginning in gambling. Things will also depend on our real purpose in gambling. Some people only gamble for entertainment so there's no need for a betting broker because they would prefer to enjoy it on their own access.
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January 29, 2021, 10:39:26 PM
 #89

The first and the second point sound like cheating because one shouldn't play from a restricted jurisdiction.

Why not? It's better for people in Iran to bet trough broker, than to launch missiles into Israel  Grin Gambling and other games makes people more patient and satisfied.

Another downside of brokers for me personally is that they seem to have a very significant minimum deposit of $150-200, whereas I tend to deposit about $10-$30 to a sports betting website, and it lasts me for a long time.
Overall, is it really worth it? Have you ever used a broker and do you think it's truly useful and profitable to do so?

The same as brokers into financial markets. If it good and honest broker, you will need to deposit a little bit more than with average broker (which will steal money from you). Betting brokers will resolve any problems with books, so you don't need to solve it by yourself. Fair exchange.

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January 29, 2021, 10:58:35 PM
 #90

The first and the second point sound like cheating because one shouldn't play from a restricted jurisdiction.

Why not? It's better for people in Iran to bet trough broker, than to launch missiles into Israel  Grin Gambling and other games makes people more patient and satisfied.

Another downside of brokers for me personally is that they seem to have a very significant minimum deposit of $150-200, whereas I tend to deposit about $10-$30 to a sports betting website, and it lasts me for a long time.
Overall, is it really worth it? Have you ever used a broker and do you think it's truly useful and profitable to do so?

The same as brokers into financial markets. If it good and honest broker, you will need to deposit a little bit more than with average broker (which will steal money from you). Betting brokers will resolve any problems with books, so you don't need to solve it by yourself. Fair exchange.

I can surmise then that it really depends on the requirements of a gambler. You can't blame some bettors to use a broker if it will serve him in a way that he can't address some of his shortcomings. But for me, won't use one. As the extra money that I will pay for the broker, I can only already use to bet in so many games. I guess, brokers are used by high rollers mostly.
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January 31, 2021, 10:39:12 PM
 #91

I haven't tried using a gambling broker before because I believe that direct access would be easier. We can't question other people who are using it because it serves as their guide especially for those who are just beginning in gambling. Things will also depend on our real purpose in gambling. Some people only gamble for entertainment so there's no need for a betting broker because they would prefer to enjoy it on their own access.

When you are just new to gambling then I do really disagree with the idea that you would really be needing up some guide like on using up some sort of betting broker.

Hence, you can learn up things on your own without needing this or just simply make out some simple search.These services are most likely connected for someone

wont able to play due to restriction or just really that too lazy on doing bets for himself but most likely this is connecting to those people who do loves to gamble
but wont able to do so.

R


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January 31, 2021, 10:43:05 PM
Merited by TimeTeller (1)
 #92

I haven't tried using a gambling broker before because I believe that direct access would be easier. We can't question other people who are using it because it serves as their guide especially for those who are just beginning in gambling. Things will also depend on our real purpose in gambling. Some people only gamble for entertainment so there's no need for a betting broker because they would prefer to enjoy it on their own access.

When you are just new to gambling then I do really disagree with the idea that you would really be needing up some guide like on using up some sort of betting broker.

Hence, you can learn up things on your own without needing this or just simply make out some simple search.These services are most likely connected for someone

wont able to play due to restriction or just really that too lazy on doing bets for himself but most likely this is connecting to those people who do loves to gamble
but wont able to do so.

Did make some search and this is the true definition of betting brokers.

Simply put, a bet broker acts as a middleman between you and the bookmaker in the process of placing bets. A bet broker will give you single-account access to multiple bookmakers at the same time and provide you with the best odds available on the market

So this do particularly talks about single account access to multi-bookmakers. This do looks interesting.

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January 31, 2021, 11:25:28 PM
 #93

I haven't tried using a gambling broker before because I believe that direct access would be easier. We can't question other people who are using it because it serves as their guide especially for those who are just beginning in gambling. Things will also depend on our real purpose in gambling. Some people only gamble for entertainment so there's no need for a betting broker because they would prefer to enjoy it on their own access.

When you are just new to gambling then I do really disagree with the idea that you would really be needing up some guide like on using up some sort of betting broker.

Hence, you can learn up things on your own without needing this or just simply make out some simple search.These services are most likely connected for someone

wont able to play due to restriction or just really that too lazy on doing bets for himself but most likely this is connecting to those people who do loves to gamble
but wont able to do so.

Did make some search and this is the true definition of betting brokers.

Simply put, a bet broker acts as a middleman between you and the bookmaker in the process of placing bets. A bet broker will give you single-account access to multiple bookmakers at the same time and provide you with the best odds available on the market

So this do particularly talks about single account access to multi-bookmakers. This do looks interesting.

No wonder a lot of gamblers are using it because it will save them time going from one bookmaker to another.
But mostly if you are a small time gambler, won't use betting broker as the fee that you will pay can already be used for betting.
Haven't tried using a broker as I do my own betting. Want to experience the actual betting and I can always change my options according to my instincts.
Anyway, nowadays, with crypto casinos, it is easy to bet on your own.
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January 31, 2021, 11:56:22 PM
 #94

No wonder a lot of gamblers are using it because it will save them time going from one bookmaker to another.
But mostly if you are a small time gambler, won't use betting broker as the fee that you will pay can already be used for betting.

Yes, that was the advantage of a betting broker especially if they are partnered with several gambling sites. No need to register multiple accounts on different websites as the platform will do the account for you and all it needs to do is to place bets. Gamblers can choose the best odds they can get. In the world of fiat online gambling, that was a popular service.

About the fees, it's not that a big deal honestly on their clients as it was based on percentage and considered as minimal. Never seen a discussion on any sports forum that complains about the broker's fee (of course only on those legit and popular ones).

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February 01, 2021, 12:30:22 AM
 #95

No wonder a lot of gamblers are using it because it will save them time going from one bookmaker to another.
But mostly if you are a small time gambler, won't use betting broker as the fee that you will pay can already be used for betting.

Yes, that was the advantage of a betting broker especially if they are partnered with several gambling sites. No need to register multiple accounts on different websites as the platform will do the account for you and all it needs to do is to place bets. Gamblers can choose the best odds they can get. In the world of fiat online gambling, that was a popular service.

About the fees, it's not that a big deal honestly on their clients as it was based on percentage and considered as minimal. Never seen a discussion on any sports forum that complains about the broker's fee (of course only on those legit and popular ones).

It must be admitted that betting brokers are very helpful for gamblers who have large capital and want to bet on several gambling platforms.
But for me, who has limited capital, can still handle it myself and doesn't need a betting broker. What's difficult is finding a trusted betting broker,
because many of what I found in the end were betting brokers doing scams. Then regarding broker fees, it depends on the usual agreement between
the gambler and the broker, according to several articles I have read. Usually, broker fees are around 20% of the total profit generated. I think 20% of
the profit is an inexpensive payment if the broker portfolio is indeed good.

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February 01, 2021, 09:12:28 AM
 #96

there is enough offer of betting with crypto currencies that any brokers sounds to me like "Old Fashion" way to place a bet (like for people that are not familiar with a laptop), like having illegal gambling.
It's more convenient use online offers since it's plenty of odds and games and in most of cases established site have a good reputation so safe websites to be used.

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February 01, 2021, 11:23:53 AM
 #97

About the fees, it's not that a big deal honestly on their clients as it was based on percentage and considered as minimal. Never seen a discussion on any sports forum that complains about the broker's fee (of course only on those legit and popular ones).
I agree the fees or cost is the least thing you have to worry about if you're a profitable sports bettor and from what I know there's also brokers that don't charge any fee.


Usually, broker fees are around 20% of the total profit generated. I think 20% of
the profit is an inexpensive payment if the broker portfolio is indeed good.
Imo paying 20% of your overall profit is a lot knowing bookies usually take like 8-10% from the odds they offer but on the other hand you don't get limited so it's probably worth paying extra.

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February 01, 2021, 12:09:38 PM
 #98

If you just spend $10 on it occasionally, then I agree with you, it is entertainment. I've been thinking previously that if someone uses help for making bets, it automatically means that the main purpose is making money, not entertainment. But you proved me wrong on that. Good for you! Smiley That's a healthy approach to gambling.


We do sometimes think up too exaggerated and do finalized up things basing off on what we are currently seeing not only in the present but also in the past as well.

This is indeed a healthy approach towards gambling because same as you said where people do let others do make out bets for them is most likely be aiming for the money
but due to some restrictions or circumstances they dont able to do so but doesnt mean that they wouldnt really be letting someone to make bets for them.
This kind of services is quite relevant though but im not expecting that there would be business like this and that of course will be charging up for the service.

There is and always be such a business, no doubt about that. The question is how many people will be using those services. According to world gambling statistics, around 1.6 billion people gamble more than once in a year. That's a huge number, 0.01% of which amounts to 160k. And I think in reality, more than 0.01% would use a betting broker.

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February 01, 2021, 12:25:41 PM
 #99

If you just spend $10 on it occasionally, then I agree with you, it is entertainment. I've been thinking previously that if someone uses help for making bets, it automatically means that the main purpose is making money, not entertainment. But you proved me wrong on that. Good for you! Smiley That's a healthy approach to gambling.


We do sometimes think up too exaggerated and do finalized up things basing off on what we are currently seeing not only in the present but also in the past as well.

This is indeed a healthy approach towards gambling because same as you said where people do let others do make out bets for them is most likely be aiming for the money
but due to some restrictions or circumstances they dont able to do so but doesnt mean that they wouldnt really be letting someone to make bets for them.
This kind of services is quite relevant though but im not expecting that there would be business like this and that of course will be charging up for the service.

There is and always be such a business, no doubt about that. The question is how many people will be using those services. According to world gambling statistics, around 1.6 billion people gamble more than once in a year. That's a huge number, 0.01% of which amounts to 160k. And I think in reality, more than 0.01% would use a betting broker.

I think I agree for this idea that mostly gamblers who just starting to trade and gamble are using betting brokers because of lacks of idea or knowledge about the game. 1.6 billion people are a lot for they are all playing gambling and 0.01 aren't that so small nimber because it is still 60 million of people are using betting brokers. For me, I think betting brokers are somehow helpful yet we must know that we don't need to stay there for a long time because it may end up for us to get hard to walk away and our earnings are always gonna split up. Betting brokers are good enough just to jum start our knowledge and be our training grounds or trial in gambling. Learn for yourself moreover if you don't have any on you at first.
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February 04, 2021, 09:17:14 PM
 #100

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.

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February 05, 2021, 04:15:39 AM
 #101

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.
See not all people that gamble thinks of it as an "enjoyment". Some think of it as a form of "investment", and yes I know its stupid to rely on luck as a form of investment but if you were to think about it, investing in stocks/cryptos are also a type of "gamble" so which is what they probably think anyway. They have money anyway, so I see no actual problem with said mindsets. Though not everyone who uses brokers think that way, some of them at least do, and yes, some of them think of it as convenient. And by that point, when you think of it as "convenient" it isn't, entertainment anymore, it's business imo.

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February 05, 2021, 10:41:08 AM
 #102

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.
Maybe they do that because of a comfortable feeling, as he said.
And if that is because of that feeling, that will be different from one person to the others.
But if what he means about the brokers is almost the same as the stockbrokers, hm I think I will not use that broker because they can make me lose the money. After all, they select the wrong team.
I think it will be better if we place the bet by ourselves and not depend on the broker because we need to responsible for our money, and if we lose, that is because of our mistake and not other people's mistake.

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February 05, 2021, 05:58:04 PM
 #103

Hello everyone,

We covered this topic in a separate thread, so we'll share it here too, since it should be exactly the info you would be looking for.

A detailed answer can be found in our blog post: https://betinasia.com/blog/academy/what-is-a-betting-brokerage/ but we'll try to provide a useful summary here:
  • Winning players are never limited.
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BetInAsia represents an opportunity for bettors from around the globe (except for the restricted countries) to have convenient and secure access to the Asian betting market. We offer YOU to bet in Asia, regardless of where you are! - To clear up that bit too  Wink
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February 05, 2021, 06:16:27 PM
 #104

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.
Maybe they do that because of a comfortable feeling, as he said.
And if that is because of that feeling, that will be different from one person to the others.
But if what he means about the brokers is almost the same as the stockbrokers, hm I think I will not use that broker because they can make me lose the money. After all, they select the wrong team.
I think it will be better if we place the bet by ourselves and not depend on the broker because we need to responsible for our money, and if we lose, that is because of our mistake and not other people's mistake.

They would really be acting as a medium between the gambler and on the bookies that you are aiming to bet on on where  they do make out bets for you and choosing the best
odds that you can possibly bet on between exchanges which means this will really be just like a bridge and doesnt really connect about on losing just because they do make out a
mistake on what are your picks yet that would really be their responsibility for some patch up or refund on said scenario.Overall, this isnt really that much off needed if you
can directly make out bets on your own directly because using up brokers would really be just giving out another round of expense on using up their service.

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February 05, 2021, 06:21:41 PM
 #105

There is really no point for me to use brokers in accessing bet sites which ever criteria they might offer, its relatively insignificant. Ah mean, why should i, really?! Brokers are relevant in trading due to the leverage they offer traders to take trades but then, the case isn't same here and as such, i think the fee is still going to cover for which ever advantage you might seem to have and as such, its as good as using legit means of placing bets or accessing bet platforms within the jurisdiction of your nation. The points or reasons given doesn't add up more to me.
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February 06, 2021, 10:04:58 AM
 #106

betting broker! I never used it...
entrusting someone else to manage my funds is very risky IMO. they will only manage my money according to their wish and when I lose all the capital they will just say 'sorry'. I am much more comfortable betting alone and losing by choice.



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February 06, 2021, 02:24:07 PM
 #107

betting broker! I never used it...
entrusting someone else to manage my funds is very risky IMO. they will only manage my money according to their wish and when I lose all the capital they will just say 'sorry'. I am much more comfortable betting alone and losing by choice.
The same thing can be said with any other bookmakers that we're not familiar with so we always go with the most reputable sites. I haven't tried it as well but I don't see how using a broker overall becomes very risky knowing that a lot of serious bettors use these type of services. Also other sportsbook will probably say the same thing when we lose our deposit it's not like there's any better response than that though.

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February 06, 2021, 09:22:05 PM
 #108

It all depends on what kind of gambler you are. If you just make occasional bets, just for fun - it will be more convenient to do it without intermediaries, and, like you said, with a betting broker most likely you'd have to make a bigger deposit.
But if you gamble on an ongoing basis - it'll be very time-consuming and tiring to make deposits on various websites and search for the best odds.
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February 08, 2021, 11:34:57 AM
 #109

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.

I absolutely agree with this. "Don't make a job out of gambling!" - that's what I keep saying to my fellow gamblers. Use betting brokers only if it's an additional fun(those cases are possible), but don't turn gambling into tedious process of making money.

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February 10, 2021, 09:38:05 PM
 #110

It all depends on what kind of gambler you are. If you just make occasional bets, just for fun - it will be more convenient to do it without intermediaries, and, like you said, with a betting broker most likely you'd have to make a bigger deposit.
But if you gamble on an ongoing basis - it'll be very time-consuming and tiring to make deposits on various websites and search for the best odds.
This is clearly meant for the tryharders who would want to gain more money, as casual players wouldn't even bat an eye to a broker since they're just in the game for a good time in the first place, so no point in paying dxtra for a broker when you can bet by yourself anyway.

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February 10, 2021, 10:43:29 PM
 #111

It all depends on what kind of gambler you are. If you just make occasional bets, just for fun - it will be more convenient to do it without intermediaries, and, like you said, with a betting broker most likely you'd have to make a bigger deposit.
But if you gamble on an ongoing basis - it'll be very time-consuming and tiring to make deposits on various websites and search for the best odds.
I agree why did he need to have a broker if he did not gamble often, and it will just only an additional expense for him instead of putting that fee to gambling assets, but I don't trust broker honestly I just want to bet on my own and not rely to any of their predictions i don't know the probability of my winning bets I rather trust my instincts and skills rather than pay them. If you are a gambler do not afraid to lose in a game it is normal and the feeling is normal so I suggest not to use it.
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February 10, 2021, 11:51:37 PM
 #112

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.

I absolutely agree with this. "Don't make a job out of gambling!" - that's what I keep saying to my fellow gamblers. Use betting brokers only if it's an additional fun(those cases are possible), but don't turn gambling into tedious process of making money.
Yes, at all occasions they'll get the revenue through commission. People at times find money out of gambling and this is what drives them easily into gambling through brokers who serve same as the trading support service providers. Even if you prioritise gambling as a way of making money, just go for it on your personal interest and risk and depend another person for the same.
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February 11, 2021, 05:59:07 AM
 #113

They would really be acting as a medium between the gambler and on the bookies that you are aiming to bet on on where  they do make out bets for you and choosing the best odds that you can possibly bet on between exchanges which means this will really be just like a bridge and doesnt really connect about on losing just because they do make out a mistake on what are your picks yet that would really be their responsibility for some patch up or refund on said scenario.Overall, this isnt really that much off needed if you can directly make out bets on your own directly because using up brokers would really be just giving out another round of expense on using up their service.
If they can act as a medium who only place a bet for the gambler, we need to search for the right services because we do not want to risk our money to select the wrong broker.
It is not easy to search for the right broker as we might try one by one of the broker to find what we want.
If that broker can have good info about each match and know how to pick the right team, that will give us the benefit that can make us a winning.

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February 12, 2021, 08:51:56 PM
 #114

They would really be acting as a medium between the gambler and on the bookies that you are aiming to bet on on where  they do make out bets for you and choosing the best odds that you can possibly bet on between exchanges which means this will really be just like a bridge and doesnt really connect about on losing just because they do make out a mistake on what are your picks yet that would really be their responsibility for some patch up or refund on said scenario.Overall, this isnt really that much off needed if you can directly make out bets on your own directly because using up brokers would really be just giving out another round of expense on using up their service.
If they can act as a medium who only place a bet for the gambler, we need to search for the right services because we do not want to risk our money to select the wrong broker.
It is not easy to search for the right broker as we might try one by one of the broker to find what we want.
If that broker can have good info about each match and know how to pick the right team, that will give us the benefit that can make us a winning.
When it comes on choosing the right broker or service then you would just simply find some feedbacks and if you do see that those feedbacks were legitimate then its up to you if you
would proceed on trusting them or not.Its still depending on you on because no one would be forcing up to  do so but this is only to those people who are restricted or doesnt
have the access into those betting places but if you do then i dont see the point on using up these platforms.Ever in my gambling experience, i didnt able to test
these kind of betting brokers or something like that.

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February 12, 2021, 09:05:33 PM
 #115

Yes, at all occasions they'll get the revenue through commission. People at times find money out of gambling and this is what drives them easily into gambling through brokers who serve same as the trading support service providers. Even if you prioritise gambling as a way of making money, just go for it on your personal interest and risk and depend another person for the same.
Revenue or Commission is fine as long as you always gamble for fun or because that is the nature of your work and business. It is fine to use broker to help you in your plays. He can play while his broker is also playing there's a win win scenario between them, he can learn his broker strategy as well but if your only an occasional player so why bother hiring or using a broker? just waste of time and funds you can do it on your own and it more fun.
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February 14, 2021, 02:39:24 PM
 #116

I strongly advise against anyone using betting brokers. They just play for free with your money, and they never answer for anything in case of losses.
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February 14, 2021, 06:00:05 PM
 #117

I saw a thread about a betting broker on Bitcointalk yesterday, and I started wondering why it's even a thing if it's not hard to register and use a betting website directly.
I read this article which states 5 reasons to use such an intermediary:
Quote
Access to bookmakers that you are already limited on
Use bookmaker that aren't available in your country
High limits and best odds
Access Asian bookmakers odds
Less administration
The first and the second point sound like cheating because one shouldn't play from a restricted jurisdiction. As for the third one, good websites can offer odds boosts which are also beneficial (I'm thinking of Sportsbet.io where I use the odd boost very often), and the broker's fee will also undermine the better odds one might be getting. Here are a couple of examples of boosted odds on my recent bets:
Another downside of brokers for me personally is that they seem to have a very significant minimum deposit of $150-200, whereas I tend to deposit about $10-$30 to a sports betting website, and it lasts me for a long time.
Overall, is it really worth it? Have you ever used a broker and do you think it's truly useful and profitable to do so?
At least to me this has more to do with people being unable to adapt to the new times, we must remember that in the past gambling was not as socially acceptable as it is right now, so back in the day you did not wanted to be seen at the casino or to have anything to your name that could indicate that you were a gambler for the fear of social ostracism, so people preferred to use a broker to help them with that, it is obvious that now they do not need a broker but those people are so used to do it that they just keep doing it as a matter of habit.
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February 14, 2021, 06:43:44 PM
 #118

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.

I wouldn't use it for the same reason. It's just another site you have to register on and I see it as another vulnerability.

I've never used such broker and for now I don't see a reason to. Maybe if you like to make a lot of bets every day it can help you, but for an occasional gambler it's nothing special.
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February 14, 2021, 10:22:34 PM
 #119

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.

I wouldn't use it for the same reason. It's just another site you have to register on and I see it as another vulnerability.

I've never used such broker and for now I don't see a reason to. Maybe if you like to make a lot of bets every day it can help you, but for an occasional gambler it's nothing special.

i guess, a lot of us here are not using betting broker because we dont see the need to. but consider other gamblers who have restrictions from their countries, i believe thats one reason why betting brokers exist. also, those gamblers that dont want to handle their bets personally because they have other things to attend to, as you already mentioned. and for others that dont know much about gambling but want to gamble, some will depend on these betting brokers.
but users or gamblers from the forum - i know, we enjoy betting on our own as it is easy peasy for us.

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February 15, 2021, 07:28:38 AM
 #120

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.

I wouldn't use it for the same reason. It's just another site you have to register on and I see it as another vulnerability.

I've never used such broker and for now I don't see a reason to. Maybe if you like to make a lot of bets every day it can help you, but for an occasional gambler it's nothing special.

i guess, a lot of us here are not using betting broker because we dont see the need to. but consider other gamblers who have restrictions from their countries, i believe thats one reason why betting brokers exist. also, those gamblers that dont want to handle their bets personally because they have other things to attend to, as you already mentioned. and for others that dont know much about gambling but want to gamble, some will depend on these betting brokers.
but users or gamblers from the forum - i know, we enjoy betting on our own as it is easy peasy for us.

I think using a broker doesn't mean that you are that so noob about gambling. There is always a positive side of using is and thats also the reasom why it is invented. And as we all know betting brokers are definitely highly suggested for those who wants to start but doesn't have knowledge in it. The broker will be the one to guide for his gambling journey and also it is up to the person if he will stop for asking the broker right? I personally experienced use a betting brokers but I think it only lasts 1 month and then I self taught myself after that and started to be on my own. And now, I am learned.
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February 15, 2021, 07:47:35 AM
 #121

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
Betting brokers are the last thing I can ever think of when it comes to gambling, well, maybe because I was able to know how to make it easily myself into betting, but I also see nothing hard about it. But if in my country betting is not legal and no other option, Maki g use of betting broker will make good sense, but as my country support gambling, betting is not that hard to the extent most people will not be able to find there way into it. Under 18+ people can not be underestimated when it comes to betting, which are not still allowed to bet, not to talk of 18+ people.

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February 15, 2021, 07:55:32 AM
 #122

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.

I wouldn't use it for the same reason. It's just another site you have to register on and I see it as another vulnerability.

I've never used such broker and for now I don't see a reason to. Maybe if you like to make a lot of bets every day it can help you, but for an occasional gambler it's nothing special.
Actually i am so confuse here , why does we need a Broker in betting when we can do it on our own ? gambling sites requires nothing like this before accepting our bets so why the heck there is such services ?

Mind enlightening Me for those who have great knowledge how this works and what are the  benefits and advantage?

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February 15, 2021, 08:55:57 AM
 #123

Actually i am so confuse here , why does we need a Broker in betting when we can do it on our own ? gambling sites requires nothing like this before accepting our bets so why the heck there is such services ?

Mind enlightening Me for those who have great knowledge how this works and what are the  benefits and advantage?

Mind reading at least a few posts from the topic you are replying to? Even in the post you quoted, you have part of the answer.

Let me list some advantages that many have already mentioned before me:
- time savings,
- legal limitations,
- location restrictions,
- professional gambler expertise,
et cetera

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February 15, 2021, 12:26:17 PM
 #124

Why I use a betting broker? Value betting without limits, that's why.

Using RebelBetting and their value betting service, you can see the yield (ROI per bet) is pretty nice for a few betting brokers:
Sportmarket   yield 2.29%
BetInAsia           yield 1.78%
https://community.rebelbetting.com/t/update-value-betting-on-sharp-bookmakers/4918

I can verify these numbers with my own results, mine are actually a bit higher on BIA.

The big bonus here is of course you will never get limited on a sharp betting broker, even when extracting value from the bookmakers.

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February 15, 2021, 12:29:52 PM
 #125

Actually i am so confuse here , why does we need a Broker in betting when we can do it on our own ? gambling sites requires nothing like this before accepting our bets so why the heck there is such services ?

Mind enlightening Me for those who have great knowledge how this works and what are the  benefits and advantage?
That's what I've also thought of before. But thanks to this guy that I'll quote below that have explained well what do brokers do and how does it work and why they're there.

There are gamblers, especially those hardcore sports bettors, who are strict in terms of choosing odds that even .5 to 1% increase matters. In fiat gambling, that was necessary. If you will look into odds comparison sites, they like to bet on the best odds they can get. It's not comfortable if they will sign up at different websites just to get the best odds. These gamblers want to have a sports betting account that can bet at the best odds in one click.

That's where using the broker is an advantage as right in front of their screen, they can choose from various websites offering a good deal.

For us, who are not used to use a betting broker, it will be easy to say that why do we need this if we can bet for ourselves.

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February 15, 2021, 12:34:35 PM
 #126

Yes, at all occasions they'll get the revenue through commission. People at times find money out of gambling and this is what drives them easily into gambling through brokers who serve same as the trading support service providers. Even if you prioritise gambling as a way of making money, just go for it on your personal interest and risk and depend another person for the same.
Revenue or Commission is fine as long as you always gamble for fun or because that is the nature of your work and business. It is fine to use broker to help you in your plays. He can play while his broker is also playing there's a win win scenario between them, he can learn his broker strategy as well but if your only an occasional player so why bother hiring or using a broker? just waste of time and funds you can do it on your own and it more fun.

I suppose, it differs from person to person. I can allow that for some people using a betting broker is more fun than betting themselves. But the keyword here is "fun". If someone is using a betting broker with making more profits in mind, I personally don't support that strategy.

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February 15, 2021, 12:54:29 PM
 #127

It all depends on what kind of gambler you are. If you just make occasional bets, just for fun - it will be more convenient to do it without intermediaries, and, like you said, with a betting broker most likely you'd have to make a bigger deposit.
But if you gamble on an ongoing basis - it'll be very time-consuming and tiring to make deposits on various websites and search for the best odds.

Whatever reason for it, even if one gamble occasionally or periodically, don't you think that the fun in gambling is gone when using a broker?
Of all the reasons I  have read so far, I still feel it makes no sense.
Even using them, there is not a high possibility that the broker will be winning certain amount of money constantly.
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February 19, 2021, 12:17:29 AM
 #128

Why I use a betting broker? Value betting without limits, that's why.



The big bonus here is of course you will never get limited on a sharp betting broker, even when extracting value from the bookmakers.


I believe the first part of your post but the second I don't, brokers offer you the possibility of betting a very high amount of money that many casinos will never allow you unless you were a VIP customer, but that is a status that it is difficult to get, but I don't really believe that you can keep betting with them without getting limited if you're extracting value from them, they do not want to lose money and if they think that you are a professional gambler and that you are taking advantage of them they will not take your bets anymore.
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February 19, 2021, 01:06:43 AM
 #129

It all depends on what kind of gambler you are. If you just make occasional bets, just for fun - it will be more convenient to do it without intermediaries, and, like you said, with a betting broker most likely you'd have to make a bigger deposit.
But if you gamble on an ongoing basis - it'll be very time-consuming and tiring to make deposits on various websites and search for the best odds.

Whatever reason for it, even if one gamble occasionally or periodically, don't you think that the fun in gambling is gone when using a broker?
At last there are someone who really knows the essence of gambling and Fun , How can be there enjoyment when you are using Broker in which the best one to play is our own speculation and predictions.
Quote
Of all the reasons I  have read so far, I still feel it makes no sense.
Even using them, there is not a high possibility that the broker will be winning certain amount of money constantly.

Exactly the point , if you need to spend some bucks to pay broken when you can directly bet on your own , and still there is no assurance of winning then the sense comes from?









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February 19, 2021, 09:11:54 AM
 #130

I don't really believe that you can keep betting with them without getting limited if you're extracting value from them, they do not want to lose money and if they think that you are a professional gambler and that you are taking advantage of them they will not take your bets anymore.

Respectfully, what you think is not as relevant as the facts. I've been betting on brokers for many years, extracting a lot of value using both Rebelbetting and now ValueBetting. I've never been limited on Sportmarket, BetInAsia or 3et.

The brokers don't lose any money if I win, the underlying bookmaker does. The brokers don't have any incentive to limit you since they get their revenue from a percentage of the turnover.

That said, I'm sure there exists brokers that limit, but if you do your research you won't have a problem.
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February 19, 2021, 09:20:55 AM
 #131

I don't really believe that you can keep betting with them without getting limited if you're extracting value from them, they do not want to lose money and if they think that you are a professional gambler and that you are taking advantage of them they will not take your bets anymore.

Respectfully, what you think is not as relevant as the facts. I've been betting on brokers for many years, extracting a lot of value using both Rebelbetting and now ValueBetting. I've never been limited on Sportmarket, BetInAsia or 3et.

The brokers don't lose any money if I win, the underlying bookmaker does. The brokers don't have any incentive to limit you since they get their revenue from a percentage of the turnover.

That said, I'm sure there exists brokers that limit, but if you do your research you won't have a problem.

You are really Good at this mate , the way you explain is worth reading and understanding , i will actually supposedly  post now about whom will can explain this Brokers in betting  because i really have no idea how this work but your post couple of days ago speaks it all

Why I use a betting broker? Value betting without limits, that's why.

Using RebelBetting and their value betting service, you can see the yield (ROI per bet) is pretty nice for a few betting brokers:
Sportmarket   yield 2.29%
BetInAsia           yield 1.78%
https://community.rebelbetting.com/t/update-value-betting-on-sharp-bookmakers/4918

I can verify these numbers with my own results, mine are actually a bit higher on BIA.

The big bonus here is of course you will never get limited on a sharp betting broker, even when extracting value from the bookmakers.


Now i have a chance to study this deeply and if appropriate for me , then i will surely use those services you mentioned.

and may i ask something personal ? are you really gaining using Broker ? or just your skill and knowledge in gambling that makes this possible ?
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February 19, 2021, 08:38:32 PM
 #132

I don't really believe that you can keep betting with them without getting limited if you're extracting value from them, they do not want to lose money and if they think that you are a professional gambler and that you are taking advantage of them they will not take your bets anymore.

Respectfully, what you think is not as relevant as the facts. I've been betting on brokers for many years, extracting a lot of value using both Rebelbetting and now ValueBetting. I've never been limited on Sportmarket, BetInAsia or 3et.

The brokers don't lose any money if I win, the underlying bookmaker does. The brokers don't have any incentive to limit you since they get their revenue from a percentage of the turnover.

That said, I'm sure there exists brokers that limit, but if you do your research you won't have a problem.

Clearly this man doesnt really know on how betting broker works eh? How'd he say about for them on not to want to lose money? They are just mediators between bettors

and sportsbook and they do make out money on that percentage of the turnover which is actually right.Its really good to look at real responses to those
people who do have actual experience rather than into those who are just simply speculating and telling something irrelevant on whats being asked.

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February 19, 2021, 08:55:37 PM
 #133

Clearly this man doesnt really know on how betting broker works eh? How'd he say about for them on not to want to lose money? They are just mediators between bettors
I do want to consider myself as one like that guy as this broker seems new to me?
How does it work? And for how many percentage would be the profit for each
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February 19, 2021, 09:09:55 PM
 #134

Clearly this man doesnt really know on how betting broker works eh? How'd he say about for them on not to want to lose money? They are just mediators between bettors
I do want to consider myself as one like that guy as this broker seems new to me?
How does it work? And for how many percentage would be the profit for each

You can I guess compare bet brokers as an Escrow service on this forum, they are the middleman for the bettors which is the bettors fund are safe. Regarding the profit, it up to you how much the percentage you will charge from both bettors. It's a way of commissions from bringing traffic they will make have profited of the game they hosted. 

Upon using a bet broker remember that you are the one who will cover the fees, not a bet broker.

.
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cabalism13
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February 19, 2021, 10:03:50 PM
 #135

Clearly this man doesnt really know on how betting broker works eh? How'd he say about for them on not to want to lose money? They are just mediators between bettors
I do want to consider myself as one like that guy as this broker seems new to me?
How does it work? And for how many percentage would be the profit for each

You can I guess compare bet brokers as an Escrow service on this forum, they are the middleman for the bettors which is the bettors fund are safe. Regarding the profit, it up to you how much the percentage you will charge from both bettors. It's a way of commissions from bringing traffic they will make have profited of the game they hosted. 

Upon using a bet broker remember that you are the one who will cover the fees, not a bet broker.
I see, so it's  pretty similar to an Escrow the only thing is they're  just here for Gambling and by the way do you even know what percentafmge theyvtake in as means of their profit by taking part of this career?
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February 20, 2021, 04:14:43 PM
 #136

and may i ask something personal ? are you really gaining using Broker ? or just your skill and knowledge in gambling that makes this possible ?

I'm making a profit because I find value on both betting brokers and regular bookmakers (like Bet365).

Skill and knowledge helps optimize my profits, but the value betting service is so simple to use today that even beginners can make a profit.
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February 20, 2021, 09:27:00 PM
 #137

and may i ask something personal ? are you really gaining using Broker ? or just your skill and knowledge in gambling that makes this possible ?

I'm making a profit because I find value on both betting brokers and regular bookmakers (like Bet365).

Skill and knowledge helps optimize my profits, but the value betting service is so simple to use today that even beginners can make a profit.


If you are making a decent profit with betting than it is definitely fine to use a betting broker. In my opinion it all depends on how much time we have to spend and if we can get value from the betting broker. As long as our daily bets are green we have some leniency to pay a bit more in transaction fees. It all depends if the broker is offering services that will help us and that we don't get from the bookmakers for free. There can be a lot of value by using a betting broker.
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