1. #1
    puckk
    puckk's Avatar Become A Pro!
    Join Date: 08-22-16
    Posts: 373
    Betpoints: 341

    Premium Tradings broker

    Contacted this broker and they wrote me about 80% share:

    80% share. This means that if you place a stake of 100€, that actually means that you place 80€ and the outcome will be considered over the stake of 80€.

    There is nothing about that on their site. Any idea why they do that?

    Do you get the same exact juice for games that is posted on the sportsbooks sites for their regular clients? The juice for the test accounts this broker setup for me was a little off
    Last edited by puckk; 10-27-16 at 02:06 PM.

  2. #2
    luctens
    luctens's Avatar Become A Pro!
    Join Date: 07-04-16
    Posts: 521
    Betpoints: 724

    Quote Originally Posted by puckk View Post
    Contacted this broker and they wrote me about 80% share:

    80% share. This means that if you place a stake of 100€, that actually means that you place 80€ and the outcome will be considered over the stake of 80€.

    There is nothing about that on their site. Any idea why they do that?

    Do you get the same exact juice for games that is posted on the sportsbooks sites for their regular clients? The juice for the test accounts this broker setup for me was a little off
    Any such forced position taking is forced upon by certain bookmakers that brokers provide access to. For a number of reasons, some bookmakers want the brokers to have to take some of the risk of the bets, and in this case, Premium Tradings are being made to take 20% of the risk of your bets, in that if you put €100 on, €80 of that stake and risk would be taken on by you and €20 of that stake and risk would be forced to be taken on by Premium Tradings. It wouldn't usually state all of that stuff on the brokers' sites as most of their sites are pretty vague and you will only become aware of the full information on their services if you contact the broker and ask for full details.

    I wouldn't have thought this forced position taking would apply to all bookmakers that Premium Tradings provide access to, as not all bookmakers that brokers provide access to use these forced position taking policies, so if you ask Premium Tradings for a full rundown on each bookmaker and any applicable forced position taking percentage, you will know which bookmakers force position taking onto them, and for the ones that do force position taking onto Premium Tradings, at what percentage they do so.

    The percentage of forced position taking on the brokers side varies from broker to broker so if you shop around, you can possibly get some brokers where you can bet at most if not all of the bookmakers that the brokers provide access to at no forced position taking at all, so you will need to do your research and ask around at other brokers for the up to date info on this. If you use a broker that has to take 20% of your bet, that means your limits at the bookmakers involved are instantly decreased by 20% before you've even started, so it's obviously in your interest to find a broker that will let you bet at as much of the limits as possible, even possibly brokers that don't have to take any forced position taking at all, where you would be availing yourself of 100% of the limits available at the bookmakers involved.

    The brokers have 4 settings that they can give you when providing you access to bookmakers, number 4 takes a certain percentage from the real lines, number 3, takes a bit less off, number 2 takes a bit less off again, and number 1 are the exact lines that you would find at the bookmakers. You need to use a broker that will you the exact lines that a bookmaker is offering and don't accept anything less, as any broker that is knowingly giving you juiced up lines is ripping you off and pocketing the profits from you betting at shorter than real odds. There are reputable brokers that won't juice your lines up at all, so don't accept any crap from any broker giving you anything but the real lines. Premium Tradings are pretty reputable so it may just have been an error that they've given you juiced up test accounts, so you need to challenge them on this and confirm if it was a mistake and if you would be getting real lines if you registered with them, and whichever broker you end up using whether it's Premium Tradings or a different broker, you need to make sure they are giving you the exact lines that the bookmaker are offering. You can verify this easily by looking at odds comparison sites etc to check that you are getting the real odds from your broker accounts.
    Last edited by luctens; 10-28-16 at 08:59 AM.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: turbobets

  3. #3
    puckk
    puckk's Avatar Become A Pro!
    Join Date: 08-22-16
    Posts: 373
    Betpoints: 341

    thanks for ur reply

    Their CS wrote me the share is 50% for maxtbet, not good, maxbet limits are very low for some games, by 50% he means, if I put $150 at even odds on a game, its like having $75, I win only $75 or lose $75

    as for lines, I am done with this broker, dont care, just wanted to post it here for posters
    Last edited by puckk; 10-28-16 at 03:38 PM.

Top