Why would anyone use a betting broker? Have you tried it?

[kryptqnick]

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:

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?

[Mauser]

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.

[Marvelman]

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.

[Slow death]

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?

[fiulpro]

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.

[ethereumhunter]

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.

[harizen]

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.

[OgNasty]

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.

[dunfida]

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.

[agustina2]

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.

[chaser15]

.. 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.

[ReiMomo]

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.

[Viscore]

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.

[Yamifoud]

....
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.

[Vaskiy]

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.

[DarkDays]

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.

[shoreno]

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.

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 .

[akirasendo17]

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.

[Darker45]

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.

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.

[Lorence.xD]

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.