Informational Purposes Only

We do not encourage or condone gambling where it may be against the law.

Recent Posts

Thursday Night Football: A Game You Can Make Impossible to Lose

December 13, 2018

Making Extra Money on Over or Unders

December 12, 2018

December Sportsbook Payout Report

December 11, 2018

Weekend Betting Report

December 10, 2018

Updated NFL Super Bowl Odds and MVP Odds

December 10, 2018

Who Invented the Point Spread?

December 8, 2018

NFL Free Picks – Week 14 – 2018

December 7, 2018

Big Bets Won and Lost, Weekend Sportsbook Betting Wrap Up

December 4, 2018

2018 Final Heisman Odds and Pick

December 4, 2018

My Sportsbook Account is Tapped, Should I Redeposit?

December 3, 2018

Odds on Packers Next Head Coach

December 3, 2018

Super Bowl Odds: Rams Takeover Top Spot After Saints Loss

November 30, 2018

Reasons to Use Multiple Sportsbooks

March 3, 2018

Something we have been preaching for years is to have more than one sportsbook account active and ready to bet. There are several reasons for this. We will outline them in this article.

Line Shopping

There are many advantages to betting sports online vs being on foot in Las Vegas. You don’t have to walk or Uber a mile down the road to shop for the best betting line. You are sitting on your couch in front of a TV and all you have to do to get a better line is open a new window in your browser.

Getting a half a point advantage on a game you bet by shopping around will happen all the time if you have multiple sportsbooks. It may not seem to matter at first but in the very long run, it can create a 5% advantage to your bankroll.

Backup Bet

In light of recent events where a very popular sportsbook went down for an entire day with network outages, leading some people to freak out, takes us to #2 on this list. If your favorite or preferred sportsbook is down for internet issues, you have a backup plan. Not being able to cash on wins for a day or two can be the difference between a winning and losing betting season.

Bonus Money

If you have multiple sportsbooks and like to use bonus offers, then, this is a great way to get multiple first time bonuses. Your initial deposit bonus is usually the best offer you will ever get from a sportsbook. An example is Sportsbook XYZ offers 100% bonus on first time deposits. But then any deposit after that, they only offer 50% re-ups.

Now by opening a second and third account at different sportsbooks, you can take advantage of first time deposit offers again.

How Many Sportsbook Accounts Should I Have?

I have found the magic number to be 3. Anymore than 3 sportsbooks and you can get annoyed at the process. Or you can get your wires crossed, thinking you placed a wager at one sportsbook but later realizing it was a different one.

Three sportsbooks will give you good line coverage and you won’t have to juggle too many balls, so to speak.

Final Conclusion on Strategy

In my opinion, if you are able to do this, you should load your entire bankroll and split it between three sportsbooks. Reminder: Your bankroll is the amount you are comfortable betting and losing in a season without it damaging your lifestyle. So, lets say your 2018 bankroll is $9,000. I would put $3K in each of three accounts. Accept the bonus offer if it sounds reasonable. Shop for the best line and play the best line. Sportsbooks we recommend and that have solid reputations can be found here.

Leave a Reply