I argued in the past that bookmakers are profiling players even during account registration in an effort to find out who is dangerous and who is not, in order to reduce risks or maximize profits.
This is the approach of soft bookmakers.
Now, I would like to speak about a different approach, the one that some sharp bookmakers already adopted.
Some days ago I was approached by a bookmaker* who is willing to compete Pinnacle. This bookmaker is about to offer pinnacle style lines and in some hot steam events, their lines will be even better. This is not hypothetical as this bookmaker is already online as we speak and offers these (better than Pinnacle) lines to a limited number of players. Unfortunately, the events offered for betting each day are limited, since their management wants to take one step at a time.
I was impressed by the lines they offered and wanted them to elaborate a little bit on their business model as we have seen several bookmakers claiming the same to end up in ashes (and their clients in tears). So I asked them why are they offering these lines and how do they intend to stay alive when a flock of piranhas like our community attacks them. I was very skeptical.
They replied they invest a lot in profiling players, only this time, they are not doing it in order to limit their accounts like soft bookmakers are doing, but they want to copy them and read the market properly.
Now I will make a parenthesis. I m sure that most brokers are doing the same. They are profiling their players in order to see who is reading the market correctly and then they copy them. I asked 2 brokers if this is true. The first confirmed that they do profile and copy players, while the second said ‘’I don’t know’’ without being able to convince me.
You already know that some platforms like GoalTool, Mollybet, AsianOdds, and a couple-3 more are offering a very competitive product and in some cases, it is obvious that the liquidity offered can’t be absorbed by the market. Once again these platforms are willing to take a risk, or they have the resources to push these risks elsewhere.
So how do they do it? If they see that a player anticipates a move, they follow him simultaneously, taking a risk on their back. They are willing to take that risk until the end if the player is a long time winner. On the other hand, they could take a risk for some time and then sell it to someone else, if they notice that a player anticipates a move, while he is not a constant winner. An arber maybe?
Coming back to our (vis-a-vis Pinnacle competitor) bookmaker, they told me that they already take risks on their back because these tactics are paying. They believe that Pinnacle is profitable because it takes risks on its back and not because the lines offered are perfectly balanced. A 91/91 bookmaker has the task to balance all outcomes will Pinnacle and the others are offering 98/98 to attract market readers.
Now you know why Pinnacle rejects your bets 2-3 times before accepting them. You are being profiled.
*Don't ask the name. I intent to be one of their first affiliates when time comes.
Profiling players and reading markets
- arbusers
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Profiling players and reading markets
Last edited by arbusers on Sat Jul 04, 2020 10:48 am, edited 1 time in total.
- x-casino
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Re: Profiling players and reading markets
A game fixer maybe?Arbusers wrote: They are willing to take that risk until the end if the player is a long time winner.
- Chipmunk
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Re: Profiling players and reading markets
It is :-)Arbusers wrote: Now I will make a parenthesis. I m sure that most brokers are doing the same. They are profiling their players in order to see who is reading the market correctly and then they copy them. I asked 2 brokers if this is true.
- dealer wins
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Re: Profiling players and reading markets
Call me skepticle but I will believe it when they stay in business more than 12 months without banning and limiting any of their customers.
Never trust a goose!!!
- arbusers
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Re: Profiling players and reading markets
A market reader probably, but no-one can exclude a game fixer also.x-casino wrote: A game fixer maybe?
You are correct. They are around for almost 6 months now. Only their traders, accountants and managers know the exact situation.dealer wins wrote: Call me skepticle but I will believe it when they stay in business more than 12 months without banning and limiting any of their customers.