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Sports Betting Advice For Betting Offshore: Line Shopping

By: Rich Allen

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My client base has grown exponentially over the past year, and that growth has incorporated a lot of worldwide clients. Some of these people are a little unsure how to continue with signing up with an offshore sportsbook and I’ve been getting a variety of questions dealing with this topic. I figured it was a good time to make available a short guide for those who find themselves in the same dilemma.

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

Next, you should, and I can’t stress this enough: you should have many outs. Why? Well there are a couple reasons for this. The first reason is so you can line shop. Perhaps you have an account at a sportsbook that takes a highest bet of $5,000 or under. That indicates to me they are a ‘square’ book. This means they only want square action. For those unfamiliar with the word, a square is a favorites bettor. They bet on the well recognized teams since they don’t follow the sport that closely. If you’re gambling at a square shop, there’s a chance you aren’t getting a fair line. They’ll just keep raising it on the admired teams (like the Los Angeles Lakers in basketball, or the New Orleans Saints in football) and that makes it even harder for you to win. If you have to keep laying an extra 1 or 1.5 points on games, sooner or later that will catch up to you.

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

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

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

Thanks,

Rich Allen, Sports Betting Professor

Article Source: http://depositarticles.com/

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

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