I heard that if you win too much they put limits on your account. Its that a thing in 2014?And how long it will take until my account will popup in their face? I want to make a huge deposit there but i hope those f...ers don't suspend my account because of the huge winnings. (sorry for my english)
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Its not new has been happening for atleast the last 3 years that I have been playing. They limit you in the range of 50-100 bucks. I've heard of people losing it after just a couple weeks and 5k in profit and others who played for over a year and profited 100k before getting shutdown. Its very random.Comment -
Is there a betting site that doesn't put limits on accounts despite the huge winnings? And how is that thing legal?If you win you win,your luck their loss.I can go further with a lawyer or something with this things?Last edited by luckyassbet; 04-24-14, 11:34 AM.Comment -
Thats why i asked..thank you for answering back with a question,i apreciate the effort.Comment -
Pinnacle, SBO, Betfair, Matchbook
Read the terms and conditions you agree to when joining and start playing at any book. They can do what they like! But you can't!
However, in certain jurisdictions there are fair trading laws which prohibit traders from treating customers unfairly. I am of the belief that there is a good chance that denying reasonable access to products could be found to be in breach of such laws. I am hoping that my theory can be tested in an Australian court before too long.Comment -
not too long ago Aussie licensed books had to take a minimum of $1000 from anyone, until the NT gaming commission abolished that rule. I doubt we are ever going to see that reversed again. Not whilst the NT continues to whore itself out to the poms for barely a few coins in tax anyway.
Don't know why the federal govt doesn't step in and put things right. We shouldn't give up the concept that a fair go is important so easily..Comment -
It's not about how much do you win, but which odds are you getting... If you hit weak lines, they will limit you no doubt.Comment -
It's not random :-) Ultimately they are a business, so they are trying to limit customers who will make money in future.
That means those who bet value - not the easiest of concepts to predict. Some do it by seeing if you repeatedly beat the closing line, others by matching your bets against those from arbing services, or seeing if your bets are always steam. Others will use purely statistical means, ie seeing if your profitability is X standard deviations from the mean.Comment -
You might be able to win about 15 at bet365 before they boot youComment -
Won over 30K at Bet365. They dont really limit. Limited me to $1865 per bet which is still a lot.Comment -
Yep, they've "picked up" alright. Now known as Bet$0.00.Originally posted by betting-analyst
Hard to place a bet when they just close your account!Comment -
B365 is generally around £1-2k profit before they reduce you to buttons. If you play UK horses and beat the price you might get limited faster than that. Its not random at all as someone else posted. My impression is that it is based on algorithms that calculate their expected return per account - If that drops below 5% (with a variance of +/-5%) on turnover then limits apply.
Remember B365 is a recreational book. They have great offers for losing accounts to keep them interested.Comment -
As someone in the U.S. who has never had access to bet365, this seems like a pretty ignorant comment based on everything I've read. Sure, it's possible to go on a good streak and not be limited, but they clearly didn't view your action as a threat. I think it's more than simply money won or lost.Comment -
lol 365 is a shitty book run by cheating owners, win and get limited, they don't have patience to wait for a hot punter to lose. How is it rated A+ is beyond me.
It must've been their popularity and volume in their physical shops based in UK.Comment -
https://www.youtube.com/watch?v=2wFn_vpj1LwComment -
Deserves an embed.
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Another one about Sportsbet rollover from the same show. Confirming it's not required under anti-money laundering law, in Australia at least.
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Its rated A because they pay fast and run a top flight book
Limiting winners is called risk management and of course some books limit quickerComment -
Limiting bettors should be a criteria for rating a book. It's funny how some people excuse this behavior because it's a business so they have the right to do it but I guess it's okay for us to lose money. Books should not be in this business if they can't handle some winners and people should post to shame their behaviors so bettors know which sites to go and which to avoid.Comment
