1. 05-26-13 08:15 PM #1
    betsolid21
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    Soccer limits

    Hi guys, first time poster.

    I started a book in January. Things have been going well. I have one that guy that bets soccer like crazy. He will bet crazy amounts on the favorites like $2500 to win $500, things like that. He got bit in the ass one time when his favorites lost one day and was down a big amount, but proceeded to win it all back and more that same weekend doing the same thing. He also does parlays, as well, using the same strategy. I banned him for awhile because I didn't have a site and was having to look up all these lines myself at work, but decided to let him back yesterday (have had a working site for a few months now) and he won about $500 on about 30 sets of bets, mixing parlays and straight bets. I'm afraid of letting this guy just run rampant on these soccer plays. Is there a good way you guys know to limit soccer bets/parlays because I don't know too much about what other sites do to limit. Obviously soccer betting is in business everywhere so it's not designed to fail. Any advice/tips or just let it play out?

    Thanks,

    Bryan
    Last edited by betsolid21; 05-26-13 at 08:18 PM. Reason: spelling
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  2. 05-28-13 08:38 AM #2
    Chevignonmoolah
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    Hi bro, to use $2500 to win $500 is not only a risky bet, but also you need a big credit to tank the losses.

    I suggest for soccer betting to place 5% of your credit per game (for in-play games).

    Soccer parlays 4 games is usually an acceptable level of risk. Hope my 2 cents helps =)
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  3. 05-28-13 12:02 PM #3
    easyliving
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    mind giving us more details on the kind of favorites he bets?
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  4. 05-29-13 05:45 AM #4
    DHB
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    wait...so you're a bookmaker coming to a gambling site asking for advice??

    and what do u mean by u banned him for awhile cos u didnt have a site?
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  5. 06-02-13 05:18 AM #5
    Sawyer
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    Quote Originally Posted by DHB View Post
    wait...so you're a bookmaker coming to a gambling site asking for advice??
    and what do u mean by u banned him for awhile cos u didnt have a site?
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  6. 06-14-13 04:42 AM #6
    Topo
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    Taking bets is low risk if your volume is high enough. In the short term, however, you are exposed to huge losses, especially if you only have a few customers. I would advise you to only take bets you can stomach losing or that you can hedge elsewhere.
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  7. 06-26-13 06:51 AM #7
    jodog
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    If your nervous, why not lay off at better price.

    To be honest if someone is betting prices like 1.20 then they will lose overall. certainly shouldnt clean you out
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  8. 07-17-13 09:14 AM #8
    shevabets
    GEROSKIPOU B'TCH
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    Find an investor; this is clearly +EV you just need a fat bank account to keep going long enough
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  9. 09-01-13 06:38 PM #9
    spyros1993
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    hehe, I hope it is a joke, right ? or you have online bookmaker and ask real here ?
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