thestrathotel
Jr. Member
It is a common phenomenon to see bookmakers suspending betting markets and thus not allowing further betting in specific events. This could be triggered by a number of reasons, and an experienced bettor like our members should be able to exploit these situations and make money out of them.
We will not talk about the reasons for the suspension as we do not care about them. What we care for, are the results and the opportunities created from the suspension of the markets. It makes no sense checking news sources, or other pre-match information as it will come very late to the wider audience. A good observation of the market will alert us far before any website or TV channel. To achieve this good observation, all we need is a fast alert service or an odds comparison website. Alternatively, we can check manually the odds in bookmakers and exchanges. In addition, it is worth mentioning that some extremely experienced bettors are able to read markets to such an extent, that they can anticipate a rapid odd movement before it really happens. We will not elaborate on that, as this is not the scope of this post.
So here we are, our alert service is showing a rapid odd movement and already a number of bookmakers suspended the market. We need to find which bookmakers are the last to react, and then answer the question, will these bookmakers void our bets? Bookmakers that will void our bets are not good for our purposes. To answer this question, certain market experience is required. Many bookmakers will void our bets if they are marked as highly suspicious. There is also a possibility they will void our bets, simply because their liability is big.
When we place our bets on the bookmakers that will not void, then we have to answer the next question, what are we going to do with them? A rapid odd movement that will force bookmakers to block the odds and suspend the market, includes a very good possibility there is value hidden there. If we are value bettors, we better keep these bets and not cover them in exchange simply because we have a value bet. However, many times these situations are not that simple. Many times the odds will jump up and down like a cardiogram. In these situations, we can’t be sure if we have value by holding our bets. Only market experience can tell when we should let our bets run, and when we should cover them.
There is always a possibility that we are not fast enough to place our bets on a reliable soft bookmaker. What is left is to place our bets in an exchange, hoping that we will lay them at a better price, or let them run if we know we have value. Many times, offline bookmakers, are the last to react in a rapid odd movement. In addition, shops are not voiding bets that easily. Maybe it is worth placing your bets in a shop instead of an online bookmaker. But this is a subject of circumstances.
To sum up, market experience is required to decide what to do when odds are blocked and markets are suspended. This experience will show you even more ways, not mentioned here, how to act in situations like this.
We will not talk about the reasons for the suspension as we do not care about them. What we care for, are the results and the opportunities created from the suspension of the markets. It makes no sense checking news sources, or other pre-match information as it will come very late to the wider audience. A good observation of the market will alert us far before any website or TV channel. To achieve this good observation, all we need is a fast alert service or an odds comparison website. Alternatively, we can check manually the odds in bookmakers and exchanges. In addition, it is worth mentioning that some extremely experienced bettors are able to read markets to such an extent, that they can anticipate a rapid odd movement before it really happens. We will not elaborate on that, as this is not the scope of this post.
So here we are, our alert service is showing a rapid odd movement and already a number of bookmakers suspended the market. We need to find which bookmakers are the last to react, and then answer the question, will these bookmakers void our bets? Bookmakers that will void our bets are not good for our purposes. To answer this question, certain market experience is required. Many bookmakers will void our bets if they are marked as highly suspicious. There is also a possibility they will void our bets, simply because their liability is big.
When we place our bets on the bookmakers that will not void, then we have to answer the next question, what are we going to do with them? A rapid odd movement that will force bookmakers to block the odds and suspend the market, includes a very good possibility there is value hidden there. If we are value bettors, we better keep these bets and not cover them in exchange simply because we have a value bet. However, many times these situations are not that simple. Many times the odds will jump up and down like a cardiogram. In these situations, we can’t be sure if we have value by holding our bets. Only market experience can tell when we should let our bets run, and when we should cover them.
There is always a possibility that we are not fast enough to place our bets on a reliable soft bookmaker. What is left is to place our bets in an exchange, hoping that we will lay them at a better price, or let them run if we know we have value. Many times, offline bookmakers, are the last to react in a rapid odd movement. In addition, shops are not voiding bets that easily. Maybe it is worth placing your bets in a shop instead of an online bookmaker. But this is a subject of circumstances.
To sum up, market experience is required to decide what to do when odds are blocked and markets are suspended. This experience will show you even more ways, not mentioned here, how to act in situations like this.