Bookies pay if they limit or not there costumers. The important think is that you not deposit money on bad rated bookies. look here http://www.sportsbookreview.com/ Bookis that do not limit are sbobet, pinnacle and other asian bookis+exchages like betfair,betdaq, smarteks, matchbook.As a newbie you will never make arbs between bookies who do not limit. If you know what are you doing also marathonbet will never limit you (this booki realy like to limit costumers after the firs arb).Good luck
I think possibly via parlay, accumulator, or combo bet
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