Every sports arbitrage trader needs to move money from one bookmaker’s account to another. That is why he should use an eWallet called Skrill. Skrill is perfectly suited to the sports arbitrager’s purposes. A situation might occur whereby an arbitrage trader deposits a large amount of money with one bookmaker. His arbitrage bet would win at this bookmaker, so he has a lot of money there that needs to be withdrawn. Unfortunately, the bookmaker declines his transaction because their turnover conditions are not met.
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Let’s take a look at some particular bookmakers. Pinnacle want you to rollover your initial deposit five times – sometimes this could be a tough task for an arbitrage bettor. Another sharp bookmaker, SBObet, demand a three-times rollover of you deposit. If these conditions are not met they might charge you a 3% fee from your withdrawal amount.
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Other sharp bookies – Dafabet, 12Bet, and exchanges Smarkets, Matchbook and Betfair – usually require you to rollover your deposit only once. That is convenient for the sports arbitrage trader. Soft bookies require the same condition – every sports arbitrage trader must rollover at least once with them.
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So the advice of the Arbitrage Training team is – if your bankroll is small, pay attention to how much money you deposit with Pinnacle and SBObet, because the rollover criteria are tough there, and a huge part of your arbitrage bankroll might get stuck there!
