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Can we Place Bets on Both Players on Pinnacle or Other Bookmaker

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shashwat
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Can we Place Bets on Both Players on Pinnacle or Other Bookmaker

Tue Aug 24, 2021 5:52 am

Hi,

Can I place a bet on both players to win in a tennis match at different times on a single Bookmaker ?

For Example -
Match Between Nadal and Djokovic
I place a bet on Both Nadal and Djokovic at different times when odds are accodingly.
ex-hft
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Re: Can we Place Bets on Both Players on Pinnacle or Other Bookmaker

Tue Aug 24, 2021 6:10 am

Yes, that’s no problem. If you have a good prediction of how the odds would change you can end up with a position where you will profit no matter the outcome.
But it’s usually not worth it - just like with arbing vs. value betting. For example, if you think that a match is mispriced, giving Nadal a 50% to win when it’s really 55%, if you close your position when the odds move to reflect that, you would win about 2% on average (depending on the juice taken by the bookee), whether if you leave the position open, you would make 10% on average (with the risk of winning some and losing some - but on average that’s what you will make).
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Re: Can we Place Bets on Both Players on Pinnacle or Other Bookmaker

Tue Aug 24, 2021 7:40 am

If they are prematch bets the soft bookmakers will limit your account much more quickly.

I suspect its a red flag for them.

I placed a very early prematch bet on team X at a soft, forgot about it then a couple of days later bet on team Y.
Got limited the same weekend
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arbusers
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Re: Can we Place Bets on Both Players on Pinnacle or Other Bookmaker

Tue Aug 24, 2021 8:06 am

Pinnacle will have no problem getting both sides of the bet even numerous times, provided there is nothing fishy in the game (fixed, manipulations etc)
I believe all other soft bookmakers will limit your account within days, as mentioned by risilloch. Especially if you get value squeezing their margins.
shashwat
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Re: Can we Place Bets on Both Players on Pinnacle or Other Bookmaker

Tue Aug 24, 2021 10:38 am

Thanks, guys

I was thinking of placing a bet when the match goes live and I see an oppurtunity.
autocard
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Re: Can we Place Bets on Both Players on Pinnacle or Other Bookmaker

Sat Sep 11, 2021 12:03 am

I think it can count like money laundering, if you'll withdraw after it, because zero, small risk
shashwat
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Re: Can we Place Bets on Both Players on Pinnacle or Other Bookmaker

Sat Sep 11, 2021 6:38 am

How could it be Money laundering?
Trading is all about buying low and selling high.

It's basically instead of placing the lay bet, you are placing the back bet on another player.

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