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Is it risky to be a bookmaker?

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dewabolaku Offline referral

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Joined: Apr 2018
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Junior Member
At some point being a bookmaker isn't risky at all, it depends on how many your player, how much they bet and what they bet. It will be less risk if you got a lot of player and they bet in huge amount of money, being a book maker is very easy, you just need to up to date with the odds.
sankalppatil Offline referral

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Joined: Jan 2018
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Senior Member
What Markets Are Bookmaker Risk Free Offers Available On?
This completely depends on the bookmaker with whom you're betting. A bookie like Paddy Power can offer Risk Free bets on a huge range of sports and markets, whereas others a much smaller amount.

How Can I Qualify For A Risk Free Bet?
Again, this depends on who you're betting with. Terms and conditions can vary dramatically, so read the t's and c's associated with the offer carefully.

Are Bookmaker Risk Free Bets Only Open To New Customers?
Generally, bookmakers offer Risk Free bets to attract new clientele. However, on occasion a Risk Free bet can be made available to existing customers too, particularly on major events and tournaments, such as the World Cup Final or cricket's Ashes.

If I Lose My Risk Free Bet, How Is My Stake Returned?
Check the t's and c's of your particular offer. Typically, you have your stake returned as a free bet, usually to be spent on the sport with which your initial bet was placed on. However, on occasion you may receive your stake back as withdrawable cash.

If I Win My Risk Free Bet, Do I Get My Stake Back?

A bookmaker Risk Free bet can be considered as a 'normal' bet - place a stake on an event to occur and if you win, you make profit along with the return of your stake. Check the terms of your specific offer for clarification.

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