Why do betting sites lower wagering limits: Is it for winning? (SBR REPORT)

[SBR Forum]

Why do betting sites lower wagering limits: Is it for winning?

Sportsbook Review receives complaints from readers occasionally who are upset that their wagering limits have been lowered at their betting site of choice. The questions these players often ask is what can be done about being limited, and why does it happen in the first place? Is it the online sportsbooks way of cheating them? | View report

[lecubs28]

This is a good summary, but the reality is there's no way to beat the book without beating the book. It makes sense for them to have risk management so they don't get hammered and fold, but at some point it crosses the line into being predatory; only taking on the worst degenerate losers and cutting even marginal players who pose no harm to the book. For example, marathonbet will cut limits after just one or two bets.

Sports Interaction and sportsbook.ag (along with all their other skins) aren't far behind. Just bet $100 or more on the underdog next Monday night and see how long it takes to get limits slashed. Don't support these crooks. Play at places like 5Dimes, CRIS, BetOnline. They might cut you, but they'll at least let you make a few bets first.

[GigaOuts]

This is a good summary, but the reality is there's no way to beat the book without beating the book. It makes sense for them to have risk management so they don't get hammered and fold, but at some point it crosses the line into being predatory; only taking on the worst degenerate losers and cutting even marginal players who pose no harm to the book. For example, marathonbet will cut limits after just one or two bets.

Sports Interaction and sportsbook.ag (along with all their other skins) aren't far behind. Just bet $100 or more on the underdog next Monday night and see how long it takes to get limits slashed. Don't support these crooks. Play at places like 5Dimes, CRIS, BetOnline. They might cut you, but they'll at least let you make a few bets first.

That why Pinnacle is a shining star in the betting industry, rarely do they ever limit. I though 5dimes is like that too but I was wrong & very disappoint to find out I got limit to $20 ml in invicta mma card. $500 reduce juice bet become $100, $250 prop bet limit down to $20-$50. But 5dimes still one of the best in my book, they didn't totally cut you off like Ladbrokes & unibet.

[Optional]

That why Pinnacle is a shining star in the betting industry, rarely do they ever limit. I though 5dimes is like that too but I was wrong & very disappoint to find out I got limit to $20 ml in invicta mma card. $500 reduce juice bet become $100, $250 prop bet limit down to $20-$50. But 5dimes still one of the best in my book, they didn't totally cut you off like Ladbrokes & unibet.

Do you think it was for reasons like the ones in the article Giga?

I know a couple of people I trust that tell me they have won 50-100k per year over several years at 5 Dimes without being limited. Not enormous money, but more than it seems like most people imagine you can win unhindered at any "recreational book".

[Domestic]

That why Pinnacle is a shining star in the betting industry, rarely do they ever limit.

Have they ever limited anyone?
I'm curious.

[HeeeHAWWWW]

Strange, because I don't do anything mentioned in the article, indeed the polar opposite, but still every book out there limits (except Pinnacle/SBO).

[Bostongambler]

Don't ask me. I voted for Mitt Romney

[GigaOuts]

Do you think it was for reasons like the ones in the article Giga?

.

It is possible, I only bet on 5dimes if is the best line out there. I line shop over 5-6 different site for mma, I never bet a bad line. I did cashout 3-4g few times in a row, after I got limited I been losing on their site, so maybe they know what they are doing....lol. I been with 5dimes for over 3yrs, I doubt if I even up over 10g in those 3 yrs so I am not sure what trigger it. I ask them why I been limited, they said due to management discretion & it is not reversible.

[Just Blaze]

Pinny has never limited anyone to my knowledge that would be contradictory to their business model. Whether everyone has the same max for overnights on certain markets ie tennis I'm not sure...but they take action on almost all majors open to at least their default limits on gameday if not more depending on liquidity and exposure.

It's unlikely that the several people you know dealt 6 figure damage to 5D years on end, I know one case their threshold was less than that and the majority of action was on major or middling markets and they said thanks but no thanks. I loved their props for mma back in the day

[Sawyer]

Have they ever limited anyone?
I'm curious.

Yes, many. Mostly betting syndicates and sharp players in order to take their opinion as reference.

That why Pinnacle is a shining star in the betting industry, rarely do they ever limit.

They do. Even when playing in pinnacle, your limits are subject to change.

Pinny has never limited anyone to my knowledge that would be contradictory to their business model.

They did and it's not just me. However, they don't collar your limits to ridicilious stakes like other books.

[Hareeba!]

Pinnacle say they don't reduce player limits below their standard limits but admit that some players do get limits above their standards.

[Just Blaze]

Just out of interest what does that collar look like for a lone wolf...20%, 50%? Syndicated play is understable because of the backing

[shari91]

Great summary!

I had an Aussie book confirm to me awhile back that if you follow a certain service and that's all you play, there's a high chance you're going to get limited and/or booted rather quickly. I can't recall the name of it at the moment, not RAS, but Hareeba would know.

[Domestic]

Thanks for the intel guys.

[superhans]

A good book changes it lines.
A bad book changes its players

[Art Vandeleigh]

There is no valid reason for applying limits to anyone's account. End of story.

Only betting off-market lines - Does a retail store ask customers to stay away if they only buy things on sale?
If a customer at a store tried to buy jeans marked 30% off, and the cashier told them the store made an error, the sale ended yesterday and the price tag was an error, would the store ban the customer for life, or limit them to buying products under $2.00?
If I buy something at a store for $20 today, and $200 tomorrow, would a store "flag" me as an erratic, suspicious customer?

Steam chasers can be put on delay, as long a delay as the book needs to feel comfortable with and limits shouldn't change. Also, where can you find obscure sports to bet on with high max limits?

All of the reasons the books give are nonsense. Their business involves so little. Put the lines up, and make sure they are up to date. It's not rocket science. If, when the books fail at their simple job, they then blame the customer....the watchdog services should not let them get away with their BS.

[jjgold]

Getting limited really does not affect I would think 80% of Sports gamblers

Am I wrong?


I also doubt limiting players make their profit go higher