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Author Topic: Why would anyone use a betting broker? Have you tried it?  (Read 761 times)
Oshosondy
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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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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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