Ladbrokes limits bet to £20 ($32)...

The General · 05-25-09, 04:08 AM

Thanks for sharing your thoughts and welcome to SBR

PAPSMEAR · 05-25-09, 04:54 AM

If what you say is true then I agree squall that Ladbrokes needs to give themselves an uppercut and limit their book to fielding on little league games

pjesnik24 · 05-25-09, 10:13 AM

Originally posted by squallsquall

Now, you would think that this bet with a £20 ($32) limit was with odds @1000 or something similar. You would be wrong, however. The odds were 1.60, for a possible winning of £12 ($19).

Granted, this was a small local market, but I still find it laughable. One of the world's biggest bookmakers have limits like this (while still bragging about astronomical "up-to limits")? I'd be better off betting with my buddies, to be honest.

Are limits something SBR takes into consideration while rating bookies? If so, this might be of interest.

nothing new for ladbrokes or any other UK bookie.

Peep · 05-25-09, 10:32 AM

Lots of players here are on low limits (or no limits) with "A" books.

Policy seems to be that limiting is OK, as long as they pay as they send you out the door.

headgames · 05-25-09, 11:40 AM

Welcome to the world of UK bookmakers. If you can get decent size bets on good lines for a period of time, you'll probbaly be in the minority. Try logging in to find your maximum bet is £0 on every selection regardless of odds unless you call in your bet! It is possible for the limits to change in your favour if your account is reviewed some time in the future and your pattern of betting is favourable to them. I would have no issue playing there though, my limits only came in really badly after 500+ bets I think.

HeeeHAWWWW · 05-25-09, 02:38 PM

All UK books do this if you win. Ladbrokes are perhaps one of the slower to do that I guess.

Can always use one of their shops if you really need.....

squallsquall · 05-26-09, 02:21 AM

The funny thing is that this was the standard limit on this market (choice of EU-commisioner). I hadn't even placed a bet after opening my account, so there was nothing "personal" about it.

I just don't understand why they even have markets with such low limits. All it does is create frustration.

moonbeam · 05-26-09, 12:25 PM

Originally posted by HeeeHAWWWW

All UK books do this if you win. Ladbrokes are perhaps one of the slower to do that I guess.

Can always use one of their shops if you really need.....

All UK books limit you also when you lose.
It doesn´t matter if you win or lose.

Santo · 05-26-09, 12:58 PM

The markets are novelties, and offered to novelty stakes. It's not a market where they feel they have a good grasp of the market, and so it's sensible business to offer it for novelty stakes for marketing purposes..

GoodOldTed · 05-26-09, 04:08 PM

Bookmaking software often limits according to what the current position is. So if the designated max risk was £5000, and that risk was currently up to £4980, the system would only let you on to win £20, until such time as a supervisor reset the limits or changed the price.

When so many markets are offered at one time, and the big name bookies tend to treat punters with a bit of arrogance, these things often get missed for a while.

If they were really poor on limits, that £20 would be for every selection - some UK bookmaking software sets limits by stake (max £50 on 4/5 shot, max £50 on 200/1 shot - utterly stupid)