Ever wonder how online bookie agents balance their sportsbooks when it comes to Super Bowl future betting? Most bookies offer bets on Super Bowl futures.
However, just offering the bets can lead to disaster for many agents. Thats why agents use tools of the bookmaking trade to prevent huge losses on future bets.
Check out Super Bowl 52 odds before NFL Week 14. Then, read about the two best waysthat per head agents manage Super Bowl future betting.
The first way that agents manage 2018 Super Bowl future betting is by setting individual max betting limits. The second way is by setting overall max betting limits.
Individual max betting limits This exactly what it sounds like. Lets say that an NFL bettor firmly believes that the L.A. Rams are going to win the Super Bowl.
That player wants to put $1,000 on the Rams at 12 to 1.
The player logs into his or her account. The player selects the Rams to win the Super Bowl. The player puts in $1,000. The player hits the button to in send the bet.
What happens? An error pops up on the screen. The error says, The total limit allowed to bet is $200.
Thats how pay per head agents create individual max betting limits for all their players. They simply set a max betting limit on Super Bowl 52 at something like $200.
What it means is that no single player can wager more than $200 total on any teams to win the Super Bowl.
The $200 is the individual max betting limit for all players.
Overall max betting limits Bookies also like to create overall max betting limits on Super Bowl futures. What this means is that theres a specific monetary number where, once reached, bookies will shut off betting.
So, if online bookies only want to take $1,000 worth of future action on the Rams, once $1,000 has been reached, betting on the Rams to win the Super Bowl no longer becomes possible.
By doing so, bookies know that their total exposure on the Rams is $12,000.
The best thing for NFL bettors to do to counteract this is to place bets on dogs to win the Super Bowl. Or, simply bet on their favorite team to win the Super Bowl.
Dont try to battle the bookies if theyve created max betting limits.
If you really want to battle bookies over their choice to protect their bottom line, then do yourself a favor – start collecting the vig.
You already know a ton about sports betting, all you need to learn is how to balance your sportsbook, retain players, and build your skills with customer service.
If youre ready to start your sportsbook business, then you canstart the 14-day Bookie Bootcamp. What this entails is a fully loaded crash courseon how to be an online bookie.
Theyve put together their best resources and tips to help you become a pro-bookie. Get eBooks, live demos, fully-loaded tutorials and more.
All you have to do issign up for their FREE trial of their Prime Package,and youll be instantly a part of Bookie Bootcamp. Check your inbox for Lesson 1.
Right now, when your trial is up, youll have the opportunity to get their Prime Package for half per head price.
JoinPayPerHead.comand become your own boss for the 2018 Super Bowl!
Become a pro-bookie, and start building your empire today.
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