Today we’re going to tell you about the key features while working with Prematch and Live surebets.
What is Prematch and Live surebets?
To begin with, let’s figure out what Prematch and Live arbs are about:
Prematch surebets is a kind of arbitrage situations that appear in the matches/fights/races that have not started yet. In contrast, Live surebets are formed by events that take place in real time.
Naturally, these surebet types have both positive and negative features, and we’d like to dwell on each of them in more detail.
Prematch surebets features
Positive features
- Easy to use.
- Slow odds change.
- Great choice of surebets.
Beginners are recommended to start with Prematch surebets because they are really much easier to work with compared to Live.
In many ways, this ease of operation is associated with slow odds change. The player has always enough time to close a surebet, while it’s often only a matter of seconds in case of Live arbs.
Great choice of arbitrage situations is also a huge benefit. It is possible to find lots of Prematch surebets in numerous leagues, championships, and sports regardless of the season.
Negative features
- Low income.
- Slow bankroll turnover.
- High competition.
Unlike Live surebets, the yield in Prematch rarely reaches 10%. Including because of that, many surebettors eventually switch to Live.
In addition, not everyone is satisfied with the slow bankroll turnover. If you place Prematch surebets, it may take even a few days until the desired event takes place and the bets would be calculated.
High competition is another negative point. This is because Prematch surebets exist longer than Live and therefore many bettors have time to place them.
A large number of bets on certain outcomes may lead to suspicion from bookmakers. As a result, the bookmaker’s sanctions in the form of account limitation would follow immediately.
Live surebets features
Positive features
- higher yields
- lower risk of sanctions
- fast bankroll return
Live arbs, unlike Prematch, have higher yields percent. However, you should act with an utmost caution since high yields may signal a bookmaker mistake.
Such bets are fraught with possible return, and a bookie would have another reason to identify you as an arber.
Anyway, the risk of falling under sanctions in Live surebetting is lower than in Prematch. The thing is that Live surebets appear after the event has already begun, and it causes troubles for bookies to identify them.
Another positive feature of Live surebetting is rapid turnover:
Since the arber bets the event which has already started, all what’s left to do is wait till it ends and immediately use the profit for further bets.
Negative features
- harder to manage
- fast odds change
- possible problems with different bookmaker rules
As far as you have already understood, Live, unlike Prematch, is really hard to manage. And it’s all because of fast odds change.
Therefore, some Live surebets appear for only a couple of seconds, and even pros fail to bet them. It especially concerns 3way arbs where you need to bet 3 pairs of bookies at once.
Another negative feature like different rules may arise. It may cause troubles if:
One sportsbook accepts bets on the match result without OT, and another – with OT. If the result would be calculated with OT, the bettor would eventually have an unpleasant surprise.
Although some surebet scanners like BetBurger warn a bettor about the possible difference in the specific arb.
To sum up
Prematch and Live arbs possess unique qualities which should totally be mentioned while choosing arbitrage type for betting.
