Bookmakers for professional bettors
Written by
AZ team
Last updated on
Here, we will outline the qualities that professional bettors seek in an online bookmaker and highlight a few websites that are tailored to meet their needs. A lot of online bookmakers do not like professional bettors as they tend to win too often and reduce their profit margins. They are content with not offering the kind of service that a professional bettor would want.
MyStake – 9/10 rating
⚽ Casino and sports betting
👔 Owner: Santeda International B.V.
📅 Established: 2020
🌎 GEOs: Chile, Norway, Mexico, Brazil
🏛️ License: Comoros
Banking
Min. deposit: $10
Max Monthly Withdrawal: $15,000
Withdrawal time: up to 24 hours
Advantages
- Over 6000 slots
- Generous welcome bonus
- Accepts crypto payments
Betonline – 8.5/10 rating
⚽ Accepts players from many countries
👔 Owner: Imion Limited Casinos, Termas del Arapay Management S.A.
📅 Established: 2004
🌎 GEOs: USA, Canada, Australia
🏛️ License: Panama
Banking
Min. deposit: $20
Max Monthly Withdrawal: No limit
Withdrawal time: Up to 24 hours
Pros
- Many cryptocurrencies available
- 24/7 live chat
- Mobile app
Bovada – 9/10 rating
⚽ High sports odds
👔 Owner: Hove Media B.V.
📅 Established: 2011
🌎 GEOs: Argentina, New Zealand
🏛️ License: Comoros
Banking
Min. deposit: $10
Max Monthly Withdrawal: No limit
Withdrawal time: up to 24 hours
Advantages
- Accepts players from many countries
- 24/7 live chat
- Supports Bitcoin payments
Sportsbetting AG – 9/10 rating
⚽ Big variety of sports betting markets
👔 Owner: Itagui Inc
📅 Established: 2003
🌎 GEOs: USA, Canada, New Zealand
🏛️ License: Antigua & Barbuda
Banking
Min. deposit: $20
Max Monthly Withdrawal: $100,000
Withdrawal time: up to 24 hours
Advantages
- Optimized for every device
- Accepts cryptocurrencies
- 24/7 live chat
No Limits on Bets
If their strategy requires it, a professional bettor typically wants to be able to place big bets. While some online bookmakers offer unlimited bets, the majority place restrictions on large wagers. For some professional bettors, being able to place large bets on sports will mean the difference when trying to achieve their profit targets.
Professional bettors may only be able to place very large wagers on certain sports, like NBA, MLB, NFL, and top-tier soccer matches, at the few online bookmakers that do permit such wagers. Sometimes these bookmakers will allow large bets on certain tennis matches as well.
Long Term Professional Betting and Arbitrage Betting
A long-term betting strategy is employed by many professional bettors. This is also known as “sharp action”. Online bookmakers that welcome professional bettors often keep an eye on their activity and may even adjust their odds in response to a long-term wager.
A lot of professional bettor’s place arbitrage bets. They place a bet on all outcomes of a sports event with different arbitrage bookmakers so that they will turn a profit whatever the final result. To ensure that the professional bettor cannot lose, the odds and bet amounts are meticulously determined. Most of the conventional bookmakers will ban anyone they suspect of arbitrage betting.
