Following on from yesterdays post we had a couple of comments about bookies closing down winning accounts.
Coincidentally this months Secret Betting Club newsletter had an interview with and ex odds compiler and a good deal of the interview was dedicated to how to avoid being closed down.
Here are a few points that were raised
On the subject of how much can I win before I get closed down, the ex odds compiler said…
Money won is not the issue here – instead it is the type of business, which is the concern.
You can be a losing customer and still be cut – for example if you are an arber.
If the customer appears to be price sensitive and regularly finding value and invariably prices shorten almost immediately after they back a selection, those customers will be monitored and likely restricted.
Regarding tips to help avoid being restricted…
It's getting harder and harder to stay undetected. The bigger your stake the more likely you might come to a trader's attention.
The more obscure the market, the more likely you'll be looked into and monitored more closely. It's common place for shrewd customers to be restricted but kept on as a way of alerting the trader to a bad price.
Like a red flag, if you will, so that the trader can double check that market/price.
If you take advantage of technical errors on the website, where prices may be incorrect because of a trading application glitch, you'll be flagged up as someone who is aware of such instances. And thus more likely to be restricted as you're aware of weak points that can be exploited.
On the subject of opening new accounts with the same bookmaker…
The best way is to use a new identity (preferably male), with a new address and number and new card. If any one of these is the same you are liable to be shown the door early or not even get through the door to begin with.
And on opening an account in your wife's name?
Opening a female account is one of the worst ways to avoid being detected. Female accounts are viewed with immense scepticism and those accounts are immediately monitored once discovered.
Interesting stuff and just part of a long and in depth interview that covers many other factors such as IP address tracking, cookies and why some accounts can go on for years without getting restricted, while others only last weeks.
You can read the full interview in this months Secret Betting Club report.
Today's Selection
Catterick 4.50 Spirit Of The Law – eachway bet – 9/1 Will Hill
Dear Sir
I had an account with BetVictor,they sent me an email about a free bet so i started to do it.I put the first bet on and laid it of on betfair then i got another email from BV to say they had cloesed my account and that is the end to it there is no appeal.So i lost a couple of pound on the first bet with no chance to get it back
I have been with . Paddy power , sky bet and William hill ,, and they have all at one time restricted the amount I could bet through there sites ,, even thou I have lost 1000s over the years in the last 6 month have been doing ok ,, so I lose say 500 pound in day ,, last race I want to put a large bet of about 100 200 500 pound and they tell me I can only put £46.56 max , they have all done this to me and its wrong ,,, they have also asked for proof off identity driving licence utility bill ,,, they never did this all them years I was losing ,, toss pots !!
The safest way is always place smaller amounts over a number of accounts and use shops to place larger amounts, we have a number of bookies in a 3 mile radius so move around to different shops and bookies.
One shop may restrict you for a time but as their so many to choose from just keep moving and not use any promotional gimmicks.
well not a good start so far losers at present
I had similar problem with BetVictor. Opened a new account to get some free bets (thats what these freebets or for arn’t they – to attract new customers). Placed quaifying bets and laid them off with pbetfair.Placed free bets and laid them off with betfair. All back bets won with BV, only small stakes £5 or £10. BV closed my account straight away, no appeal, saying I was not the kind of customer they wanted!They don’t like winners it seems, even to small stakes.
many years ago when my dad was alive he used to be stopped from betting as he was very successful
so nothing has changed bookies are willing to take you bets when you are not winning ,I think going on course although not always possible is the best way to overcome the problem ,bath races 19th april.