For the short answer, opening up multiple bookmaker accounts is actually always worth it, even in the situation when one of the operators charges a rather high 5% commission rate. In spite of the fact that running a system involving backing and laying bets might get compromised to a certain extent, overall the advantages outweigh the setbacks. Let’s summarize why having several betting operator accounts makes sense, especially during a huge event like next FIFA World Cup in Brazil.
As any serious bettor knows, opening a new account with a bookmaker automatically rewards a free bet of up to £50 like in the case of Ladbrokes. In addition, betting operators make a habit out of sending more free bets to their customers, particularly for very popular events like the World Cup, money they can spend on anything they want. On a side note, if you want to make the most of that free cash, then don’t just gamble them away but rather invest it wisely via a matched betting technique. And no, because you are essentially spending that cash with the bookmaker they don’t really frown upon it.
The vast opportunities provided by the numerous 1X2 markets
A further noteworthy reason why you should open up multiple bookmaker accounts comes from the numerous alternatives you gain for laying bets. Granted, if you decide to work with the leading bookmakers on the market, then you should expect a laying bet to be smaller than the backing bet. However, the reason why this happens is because when you are laying a match with top operator, you are essentially backing two results.
You don’t keep all your eggs in one basket
Even though not all adhere to these practices, some betting exchanges and bookmakers are businesses heavily focused on generating cash. Because their line of work relies heavily on punters, the last thing you want is to show them you are successful. Consequentially, utilizing account from the various betting operators will reduce the chances of getting any of them noticed and possibly closed.
Gaining a mathematical edge
Considering that you already spend time and effort with carefully selecting the matches that could bring you a consistent profit, wouldn’t it make sense to spend a little extra just to make sure you are getting the best reward possible? Even though having multiple accounts will increase your chances of placing backing and laying bets, that does not automatically mean all bets will win. The secret behind making money via sports betting consists of making more cash than you are investing.