How un-regulated Sportsbooks Handle Action From Sharps

[BMR Genie]

It's a good read!

"In the world of sports betting, un-regulated sportsbooks are often misunderstood. Many bettors wonder if un-regulated sportsbooks can be trusted to handle significant action — especially from sharp bettors, or “sharps.” Sharps are professional bettors who know how to beat the odds consistently, and this makes them both admired by their peers and can garner negative attention from bookmakers.


un-regulated sportsbooks offer a unique space in the betting world, particularly for sharp sports bettors who face restrictions at many regulated books. These sportsbooks are less constrained by the strict regulations that domestic books must follow, giving them the freedom to accept larger bets, employ flexible risk management strategies and foster an environment where successful sports bettors are welcomed, not restricted."

https://www.bookmakersreview.com/news/how-un-regulated-sportsbooks-handle-action-from-sharps/

 

[BMR Genie]

"Motivations for Accepting Sharp Bets

Why would any sportsbook willingly accept action from sharps? For un-regulated sportsbooks, sharp bettors bring several benefits:

• Increased Liquidity: Sharps tend to bet large amounts, which increases available betting capital and attracts more recreational bettors looking for action. This higher liquidity can make markets more attractive to a wider audience.
• Market Efficiency: Sharp action helps sportsbooks adjust their odds accurately, improving the overall efficiency of their betting markets. Sharps essentially act as a guide, pointing out inefficient odds that need to be corrected.
• Loyalty and Trust: By fostering good relationships with sharps, un-regulated books often retain their loyalty, building a reliable base of high-volume bettors. This loyalty means that sharps are likely to keep returning to un-regulated books, providing a steady stream of high-stakes action."

 

[Wagerallsports]

Interesting stuff

un-regulated sports books much more willing to take sharper action than the legal books across states

 

[jjgold]

Pretty good article

 

[aikman.tr]

It reads like an ad for un-regulated books Genie

 

[BMR Genie]

It reads like an ad for un-regulated books Genie

I've read a lot of threads/complaints about Sharp being limited with their books and it's good to know that there are still top books that value this type of bettors.

 

[BobbyFK]

An interesting peek behind the curtain so to speak with this article. Thanks!

 

[djefferis]

Nice article - only thing I saw is the inclusion of Bovada that I don’t agree with.

Bovada does not belong anywhere near an article about sharp bettors and the sportsbooks they use. Very recreational in nature.

 

[btcfan]

Nice article - only thing I saw is the inclusion of Bovada that I don’t agree with.

Bovada does not belong anywhere near an article about sharp bettors and the sportsbooks they use. Very recreational in nature.

No question. They are quick to limit, but I will give them this, at least in my experience...they limit you selectively if you beat them in one specific market. Still happy to leave sports open that you don't beat them in (or haven't yet). Doesn't help but I guess a tad better than mybookie who just shuts the door entirely (took me down to $10 on baseball team totals that I killed them on, and while I never bet it, $50 on NBA sides, $50 on NFL, etc). They are full rec, Bovada knows enough to leave something open you don't beat them on, at least in my experience. Still not worth much in that case either. lol

 

[pipe]

No question. They are quick to limit, but I will give them this, at least in my experience...they limit you selectively if you beat them in one specific market. Still happy to leave sports open that you don't beat them in (or haven't yet). Doesn't help but I guess a tad better than mybookie who just shuts the door entirely (took me down to $10 on baseball team totals that I killed them on, and while I never bet it, $50 on NBA sides, $50 on NFL, etc). They are full rec, Bovada knows enough to leave something open you don't beat them on, at least in my experience. Still not worth much in that case either. lol

You're definitely a @btcfan now.

Nice article - only thing I saw is the inclusion of Bovada that I don’t agree with.

Bovada does not belong anywhere near an article about sharp bettors and the sportsbooks they use. Very recreational in nature.

100% Rec book all the fn way man ⛶ That's who they cater too always have.

 

[sportsbettor5]

Real books:

BetOnline
Circa
Pinnacle
Maybe Stake.com

Everyone else is just copying lines, low limits

 

[Tanko]

Real books:

BetOnline
Circa
Pinnacle
Maybe Stake.com

Everyone else is just copying lines, low limits

I'd put Bookmaker on the list with Circa and Pinny. It is a part of BetCRIS.
They originate lines.

 

[btcfan]

Bookmaker a must on that list. Stake...eh...

Never said Bovada wasn't a rec book...just selectively limit and probably completely limit. All I can say from experience is I have been limited on baseball props there (limits down from $500ish to $100) but not on sports I don't bet. I don't know if they limit by sport, just my experience. No question a rec book. Lines are about as far from sharp as you can get. I still am sure they would be happy to book NFL sides from me as I have zero chance of beating those.

 

[sportsbettor5]

I'd put Bookmaker on the list with Circa and Pinny. It is a part of BetCRIS.
They originate lines.

No

They cut my limits years ago. They are not on the level of the ones I listed

I'm talking about books for pros. Also origination is irrelevant. 5Dimes also used to originate but it was never a pro book

 

[btcfan]

No

They cut my limits years ago. They are not on the level of the ones I listed

I'm talking about books for pros. Also origination is irrelevant. 5Dimes also used to originate but it was never a pro book

That is interesting. What were you betting if you don't mind sharing. I certainly am not a pro, but bet top down and have done well with it but not on pro better stakes. Props have been it for me for soft lines which I know if a red flag for books if you start winning on them so I wonder if it is a matter of time. Their props limits are small so maybe not so much? I hadn't heard that on BM/Cris before. I thought they didn't limit that often, ala Pinny, but maybe I just never heard about it.

 

[Tanko]

No

They cut my limits years ago. They are not on the level of the ones I listed

I'm talking about books for pros. Also origination is irrelevant. 5Dimes also used to originate but it was never a pro book

Surprised by this.
I've heard of people being limited but usually in specific circumstances (6 figure bettors, live bets, etc..).
Can you provide any details on your circumstance?

BOL does limit bettors. I've read a number of posters indicate they are limited to on certain sports.

 

[sportsbettor5]

BOL does limit bettors.

On pre-game? Never heard of that. Live yes.

BM just doesn't handle the type of pre-game action that Circa/BOL/Pinnacle handle. Different class

 

[Tanko]

On pre-game? Never heard of that. Live yes.

BM just doesn't handle the type of pre-game action that Circa/BOL/Pinnacle handle. Different class

I can't speak to BOL first hand, only what people have commented about on social media platforms.
I've not been limited there (not big enough player or good enough).

Can you describe in general how BM restricted you? This is good info.

 

[JDS]

No

They cut my limits years ago. They are not on the level of the ones I listed

I'm talking about books for pros. Also origination is irrelevant. 5Dimes also used to originate but it was never a pro book

You gotta throw these books some square action and sometimes add parlays to your repertoire and then you will stay undetected and keep your limits. It has worked for me. Small price to pay for keeping limits at Bookmaker or any book for that matter.

 

[sportsbettor5]

I can't speak to BOL first hand, only what people have commented about on social media platforms.
I've not been limited there (not big enough player or good enough).

Can you describe in general how BM restricted you? This is good info.

It started a couple years ago. BM knocked my pre-game ML limits to only 1/4 of BOL's typical limits for the sports I play. All matches have the same limit regardless of liquidity or match type. At some point they were also not allowing me to bet closers (removing lines maybe 15 minutes before match start), but that seems to have changed back to normal.

BOL is the best offhsore book. They welcome big action consistently. Pin has its problems (e.g., be careful moving countries if you're with them, 3x rollover crap and withdrawal methods can be poor), but their gameday limits are similar to BOL (sometimes more, sometimes less) and they are essential for any pro. Circa is the best onshore by far.