Sports betting liability limits: why do these change so often
was trying to figure out why the liability limits keep jumping around on some markets. like, one day i can get a couple grand down on a soccer over/under and then two days later, max is chopped to like 300. i get they’re protecting themselves from sharp action or limit exposure, but it’s wild inconsistent. it’s not like the player props or obscure leagues either, sometimes big stuff gets whacked too.
i do understand the logic, books move fast when their algorithm spots danger, but you’d think it would normalize a bit with all the volume. seems like this gets worse when the line starts moving fast, or when there’s late-breaking news. if they’ve got all these data feeds and models, why so much chopping and changing at random hours? does anyone else notice some sports or leagues are way stricter than others with these limits? makes tracking my real edge almost pointless when i don’t know how much they’ll even take.