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How Offshore Sportsbooks Handle Action From Sharps

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BMR Genie

BMR Genie

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It's a good read!

"In the world of sports betting, offshore sportsbooks are often misunderstood. Many bettors wonder if offshore 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.


Offshore 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."

 

BMR Genie

BMR Genie

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"Motivations for Accepting Sharp Bets

Why would any sportsbook willingly accept action from sharps? For offshore 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, offshore books often retain their loyalty, building a reliable base of high-volume bettors. This loyalty means that sharps are likely to keep returning to offshore books, providing a steady stream of high-stakes action."
 

djefferis

djefferis

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Jan 8, 2024
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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.
 
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btcfan

btcfan

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May 31, 2023
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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

pipe

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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.
 

btcfan

btcfan

Joined
May 31, 2023
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129
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.
 

btcfan

btcfan

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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

Tanko

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Oct 27, 2021
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46,768
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.
 
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Tanko

Tanko

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Oct 27, 2021
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46,768
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

JDS

Joined
Dec 11, 2021
Messages
48,532
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

sportsbettor5

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Jan 14, 2022
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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.
 
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