There are a lot of pros and cons to consider when it comes to sports betting. A study published in the Journal of Personality and Individual Differences focused on wagering as a form of risk-taking, and the “individual differences in personality, risk-accepting attitudes, and behavioural preferences for risk.”
In the study, they analyzed a group of people and their behaviour towards risk and their involvement in betting. They confirmed that betting, indeed, represents an expression of risk-taking. It keeps people pumped up and excited.
However, there can still be risk management when it comes to using a sportsbook aggregator like VOdds.
We have observed the risks involved with our partner bookmakers in the past two weeks.
Matchbook, PIN88, ISN, SBC, Betfair, GA288, and PENTA88 have no history when it comes to tagging bets as voided or abnormal. However, in some extremely rare occasions, PIN88 has instances of voiding some bets in tennis and basketball stating that they “cancelled winning wagers from the below players due to line manipulation”.
Crown (Singbet) is still considered as low risk since there is a history of tagging abnormal bets. They normally tag losing ones, so it is still worth betting.
SBOBET and WLG, on the other hand, have high void rates. However, for SBOBET’s pre-game bets, the void rate has decreased compared to last fortnight.
Keep yourself up-to-date with our regular blog postings about sportsbooks trading risks and manage your account depending on the risk level you are willing to take. Simply go to blog.vodds.com and select the “Betting Risks” category.
Information from this blog article is based on the recent month’s data and accurate as of 18 March 2021.