1. Bookies Close Winning Accounts For A
2. Bookies Close Winning Accounts Meaning
3. Bookies Close Winning Accounts At A

Also whenever you start winning these bookies will close your accounts so please do not bet there. They are freuds. Because they only accept you if you are a losing bettor. They do not deserve winning money. Asian Bookies are trustable I use them for 5 years and had no problems. In this video we discuss which types of bookmaker you should generally avoid. Take into consideration, most Leisure bookmakers won't accept accounts from wi.

With more and more cases of winning bettors complaining about having their accounts closed or severely restricted by leading bookmakers, what are the reasons behind this off-the-record practice? Read on to find out what can get your betting account closed and why this will never happen to you at Pinnacle.

In the past two decades, the spread of the Internet changed the gambling industry landscape for good, making online betting the most popular way for placing wagers.

With an increasing number of sites making historical data and statistics available to the public, more and more well-educated people turned to sports betting not only as a means of entertainment, but also as a means of living.

Main indicators that flag an account and can lead to closure or severe restrictions are: bet size, free bets and bonuses, user behavior and profitability.

Professional bettors have a strong understanding of the mathematics of bookmaking and manage to make long-term profits by applying arbitrage strategies and bet hedging.

Despite claims to the contrary, a common off-the-record practice among mainstream bookmakers in an attempt to exclude winning players from their business, is to close or severely limit winning accounts.

While some bookmakers go as far as cancelling accounts and literally barring profitable bettors from their e-premises, others effectively end their relationship by limiting the stakes to ridiculously small amounts such as $2 per bet.

Criteria for limiting/closing accounts

With more and more bookmakers looking to attract square punters (those who bet more than they win on a daily basis), professional bettors are the anathema to leading sportsbooks. But how do bookmakers know who bets for a living?

Below are the main indicators that flag an account as professional and can lead to closure or severe restrictions of betting amounts:

1. Bet size: Professional bettors do not experiment with their money. They often calculate the exact amount of money they need to place on a market in order to ensure winnings. Odd stake amounts such as $79.34, for example, indicate arbitrage, which is a common strategy among professional bettors.
2. Free bets & bonuses: Professional bettors are rarely interested in specials offers. They will only take them if they fit into their business plan, which is rarely the case as free bets and bonuses come with a long list of terms & conditions.
3. User behavior: Professional bettors don’t bet for fun, they bet for a living. You will rarely find them hanging around the website watching live matches. They login, place their bets and move on to the next bookmaker.
4. Profitability: Last but not least, professional bettors take more money out of a bookmaker than they put in.

Surprisingly enough, profitability is not the first factor a bookmaker looks at. In order to know who is profitable in the long run, you have to let time pass and then it might be too late.

Refusing to accept a bet at the advertised odds may break the spirit of fair game, but it does not break any law.

What bookmakers try to do is detect professional bettors before they manage to take money out their pockets. For that reason, they develop guidelines for risk groups and profiles on players based on their behaviors and betting patterns.

This rigid style of investigation can catch out bettors who are not professionals but to eliminate risk, bookmakers take the better-safe-than-sorry approach. This means that in many cases, casual bettors can have their accounts shut down or heavily curtailed for no apparent reason or any further explanation other than:

We are writing to you to inform you that a business decision has been taken by our senior traders and your betting account has now been closed. No further business may be executed on your behalf. As explained in our Terms and Conditions, a trader's decision is final and will not be overturned.

Is closing betting accounts illegal?

Refusing to accept a bet at the advertised odds may break the spirit of fair game, but it does not break any law.

There are several organisations that are involved in the regulation of the gambling sector, however their primary role is to adjudicate on bets that have been placed, not arbitrary account closures or betting limitations.

Until the industry’s regulations change, so that a bookmaker’s unfounded refusal to accept bets is a reason to lose their licence, it is down to the individual to choose who they entrust their money with.

Why Pinnacle allows winning accounts

Bookmakers must manage their risk to stay in business. For that reason bookmakers set limits on how much money they are willing to accept on each market. However, managing risk is one thing and playing unfair quite another.

Until the industry’s regulations change, so that a bookmaker’s unfounded refusal to accept bets is a reason to lose their licence, it is down to the individual to choose a reliable bookmaker.

At Pinnacle, we don't just believe that it is important to treat bettors fairly. We are on a mission to educate players on how bookmaking works, so that they can choose smart when deciding what is the best sports betting deal online.

As opposed to the practices of mainstream bookmakers, Pinnacle is known for offering zero bonuses. Instead of throwing our money into expensive marketing campaigns, we invest it in risk management.

Our unique model not only allows us to guarantee you an account no matter how much you win, but it also enables us to offer the highest odds in the online betting industry. When mainstream bookmakers offer rounded odds of 2.00, 3.40 or 1.70, don't be surprised to see Pinnacle offering odds as precise as 2.23, 3.826 or 1.92. To find out more about how Pinnacle can do that, read The maths behind Pinnacle’s winners welcome policy.

But don't take our word for it. We encourage you to compare us to other bookmakers, before you decide for yourself which sportsbook offers the best deal. That’s why Pinnacle is the number one choice of winning bettors.

Bookies Close Winning Accounts For A

• in Betting by Amy

A common complaint from successful punters is that bookmakers close or limit their accounts.
You spend all your time perfecting your betting skills, and then you’re barred for using them. Is it really worth the effort?!
The answer, I'm sure you’ll be pleased to hear, is a resounding YES! There is no good reason why you should get your accounts closed or limited by the bookies if you follow these simple rules.

Betting very precise amounts (e.g. £46.56) will mark you out very quickly as an arber or a matched bettor and most bookies don’t like those people!
This is because they really want to attract so-called 'mug punters' who are happy to take random punts in a spontaneous way and who traditionally lose money hand over fist.
In contrast, arbing and matched betting suggests you are aiming to milk the bookies in a systematic way. And frankly they could do without the aggravation, as life is too short and these days their margins are paper-thin.
If you’re arbing, use calculation software that works out rounded stakes or use a system like SkewTrader Pro, which is designed to work with round stakes.
Only bet pounds not pence, and stick to sums ending with a '0' or a '5'.

2. Use the Basic 'Fake-a-Loss' Technique

Bookies Close Winning Accounts Meaning

It may seem like stating the obvious, but bookies don't like winners.
You therefore have to think about how to fake losses effectively, with the classic way of doing so being to (a) back an event at the bookies (e.g. Lucky Ned to win), (b) lay the same event off at Betfair (Lucky Ned not to win), then (c) hope that the event doesn’t happen (e.g. Lucky Ned falls at the first).
This approach can often work but may prove expensive or back-fire entirely and get you shut down. In particular, things can go wrong if you're tempted to back-and-lay longshots to 'make sure' you lose, as longshots are often only available at much longer prices on Betfair than they are at your bookmakers.
So if you back Lucky Ned at 30, you might be offered lay odds on Betfair of 40 or 50. Such an arb could cost you up to £400 on a £20 stake if the Law of Sod kicks in, and Lucky Ned comes home in front.
This, in my opinion, is way too much stress for the pleasure of making your bookie twenty quid richer. With the punchline being that, if your longshot wins, your bookie will probably close down your account anyway.
This will follow as night follows day, if you’ve been taking money off him prior to the race. He’ll now figure you’ve moved on to successfully backing rank outsiders and are therefore not worth the trouble.
There is also the additional cost of Betfair commission to factor into your lay bet, so you may end up locking in a loss no matter what. Arbs that are guaranteed to lose, and in some cases lose you a lot, are an unnecessary price to pay for making your bookie smile; so my advice is to use this approach with caution.
So instead, here is a more sophisticated way to manage your bookmaker accounts...

Keep records of where you are with each bookie.
I keep records of bookie balances in my bookmaker passwords file (it’s only 1 row per bookie so it’s really not onerous), and then I track whether I am up or down this week with each of them.
This should be easy if you’ve been recording all your bets (which you have been doing, right?).
Obviously, if you’ve lost money at a given bookies this week, no further action is required, but if you’re up, review your progress over the last month and quarter. If I am ahead across all three periods, I will take action (see below).
But if I’m only ahead at a given bookies over any one or two of these periods, I will usually decide to ‘rest’ him, and switch to the accounts I’m losing money with. There is usually no need to fake losses if you’re managing your bookmaker accounts carefully.
When arbing there are always some accounts that, by chance, end up ahead, with others falling behind. The obvious long-term goal is to take your profits in Betfair, but you can give the natural cycling of bookie balances a helping hand simply by leaving successful accounts alone for a bit.
In my experience, this actually only means resting two or three accounts at a time when I’m arbing (as of course bookie odds are designed to help the bookie profit over time, via the over-round, so usually the majority of accounts end up overdrawn).

But what do you do if you are still ahead at a particular bookie over the last week, month and quarter? Well, after kicking yourself for not resting the account earlier, try this...

4. Back-and-Lay Short-Priced Selections Until You Lose Enough Money

Bookies Close Winning Accounts At A

This approach may sound counter-intuitive (as you will worry that favourites will win), but it is actually a sure-fire way of making losses on your bookmaker account.
After all, the bookies make the bulk of their profits by laying favourites, so it shouldn't be hard to lose to them by blindly backing anything in the required range.
Plus, if you’re backing favourites or second favourites, you are going to look like the mug punter they so want you to be. And if your short-priced punt does come home in front, you’re likely to win such small amounts (relative to your stake) that your bookie is likely to let matters run, sure in the knowledge that your mug punter behaviour will soon find you out.
Now I know what you are thinking – haven’t we, in step 2, questioned the value of backing-and-laying on account of (a) the odds disparities between the bookies and Betfair, and (b) the Betfair commission issue?
Well yes, but Betfair rarely offers long lay prices on favourites. All you do is use a site like Oddschecker, combined with a separate Betfair window, and find back-and-lay options where the lay odds at Betfair are equal to the backing odds at the bookies. Then lay your horse/team/whatever at Betfair for the same (or lower) odds as those on offer at the bookmakers, for a sum equal to the backing stake.
If your selection wins, you will finish level, or possibly even ahead if you got better odds at the bookies. And if it loses, you will be down by the amount of your Betfair commission: typically £2.50 on a £50 stake, which is, I feel, a price worth paying to put the smile back on a long-suffering bookmaker’s face!
That said, if you follow the guidance in my FREE 'How to Make £1,000 per Month from Betting' eBook, you should even be able to make money from your short-priced arbs. Which in turn makes the whole thing that little bit more pleasurable!

5. Avoid Moving Money in and out of Your Accounts as Much as Possible

I can't stress this enough. Bookies incur quite significant banking costs (that thankfully they don’t usually pass on to you) if you use bank cards.
If they are already having doubts about your account, there is nothing quite like a whole pile of bank fees to tip them over the edge.
Just because you don’t see this cost doesn’t mean it doesn’t matter to them. Remember – bookies' margins are wafer-thin, so naturally they are tracking this stuff.
A really good way of getting accounts limited is to open an email about a reload offer, make a debit card deposit, milk the offer, then withdraw all your money again. Please don't do this! Instead, focus on the long game.

This follows from point 5. Save your bookie bank charges and he will smile on you. Moreover, he will let you make much quicker withdrawals, so your bankroll can be turned over more quickly.
Everybody's happy!

7. Use Arb-Friendly Bookies

No article on this subject would be complete without a plug for Pinnacle. This bookie is a punter's dream. They offer great odds, openly welcome arbers, and, as far as I’m aware, have never closed down a soul.
The only reason you've probably never heard of them is that they don't waste money on marketing (or, by the look of it, on web design!) and famously don't bother with expensive sign-up offers.
They genuinely are in a class of their own and should be on your radar.

Note: Pinnacle is not currently available to UK punters, but in 2017 they announced that they hope to return soon. We're still waiting!

8. Use a System that Allows You to Bet at Modest Stakes

Arbing is all very well but if you are placing £200 bets on League Two football matches in order to drive out £2.70 worth of profit, it won’t be that long before your bookie limits you.
It would be better to place four arbs of £50 across a whole range of bookies, so the risk of unwanted attention is reduced.
I developed SkewTrader Pro effectively to 'widen the gap' between the back and lay sides of the arb, thereby allowing you to make enhanced profits at lower stakes. It comes with plenty of strategy options to help you get more value from modest trades.

Spread your bets around, using the techniques in my FREE 'How to Make £1,000 per Month from Betting' eBook and open lots of bookie accounts (OddsMonkey is the perfect way to do it).
After that, adopt an organised approach to bookmaker management.
Having an account closed can happen to any of us (sometimes the bookies simply do random things!) but it usually isn't inevitable. You simply need to plan ahead to minimise the chance of it happening.