Major Wager: TradeSports-InTrade is a second-tier betting operator.

Major Wager:

All-Purpose Sportsbooks. These are the Bloomingdale’s of the offshore world – one-stop outlets to cover almost everything you might want, while providing stability and reputation. The Greek, WSEX, and Bookmaker/CRIS fall into this category. Their “sister” books can also be included, most notably BetJamaica, Matchbook, and BetDSI. These shops will book action on most sports and props, although the lines will be a little tougher to beat than at smaller operations. At least 40% of your total bankroll should be parked in 2-3 of these types of books for general wagering and safety, with no more than 20% at any one group.

Second-Tier Sportsbooks. Another 40% of your bankroll can be spread around at slightly less-established operations. Look for books with useful options like reduced juice, baseball dimelines, free half point days, cash or free-play bonuses or other perks. Opinionated lines are also a key characteristic. Legendz, Bodog, Tradesports, and 5Dimes are three operations in this category that are well-regarded and likely offer value to most bettors. Keep no more than 10-20% of your bankroll at any one operation.

High-Risk Sportsbooks. Sportsbooks lacking established track records should be mostly avoided in the current environment. However, with the added risk can come added reward, usually in the form of either cash bonuses or slow-moving (or just outright bad) lines. When bonus-hunting, avoid excessive rollover requirements. In today’s environment, the shelf life of any operation is far from guaranteed, and agreeing to play-through requirements that will take weeks or months to meet will cause added stress in the event of adverse news. Play up to 20% of your funds in these books, with no more than 10% of your bankroll in any single account. Even with a 10X rollover requirement, this small of an amount should be clearable within a few days by any player. Keep a careful eye on any high-risk books that you decide to patronize so you can quickly withdraw if a slow-pay situation seems to be developing. Withdraw your funds as soon as you have extracted the value from the account – this means immediately after meeting rollover for bonus hustlers. For players playing into weak/slow lines you may end up keeping your account active until you get booted, but you should actively draw down your account balance to lock in profits and minimize downside risk.

About Chris F. Masse

Founder and President of Midas Oracle
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