How a bookmaker restricts the stakes of its customers

[lonnie55]

Source: https://smartbettingclub.com/blog/th...its-customers/

[dealer wins]

Basically the big books are well oiled machines who know within a few bets which customers are wealthy mugs that make them VIP $$$, which are mugs but not wealthy, which are half savvy, and which are unprofitable arbers/botters etc

Its ruthless, but its just business and even on the player side I get it!!

[Optional]

That was a very interesting article.

Worth a read by everyone who bets regularly.



Interesting that the book involved has such a terrible opinion of Skrill/Neteller users. (although I notice they talk about Moneybookers so the doc must be very old)

[HeeeHAWWWW]

Interesting that the book involved has such a terrible opinion of Skrill/Neteller users.

Used by lots of arbers traditionally, because otherwise money transfer costs eat up the profits.

[Limited]

Still think that putting someone on 1% max bet just because Skrill was used to deposit funds, makes no sense. Sending ETF to Costa Rica is maybe not so expensive but waiting 2 weeks for the transaction to be completed is a nightmare.

Moneybookers and Neteller have been a preferred method of bonus abusers. Unfortunately we all suffered the consequences. Hope that bookies will not have same approach now with bettors who use crypto.

[eaglesfan371]

Truly a fascinating read, recommend for any who sports bets.

[rodneytrotter]

Hardly news.

Don't manage your business, because you don't know how to, manage your customers and only let the fools play.

[lonnie55]

I hope one day we get to the point where it is common sense that ANY recreational book (at least those who hold a license in a less corrupt country than Malta, Curacao etc) has to apply a minimum bet rule. I would be even satisfied with 100 EUR winning limit per bet and 500 per match or so. 18bet is somewhat of a prototype of that model (70 to 100 EUR max profit per bet on lower level leagues and max 10 bets per match without ever limiting) but far from being perfect. Bet365 plus minimum bet rule would be a dream come true for many of us I think

[Maw011]

Very interesting. Sadly not surprising though.

[Limited]

18bet will never limit players under 70-100 €? And they not void bets after the match?

[danwinkler]

almost tall book restricts winning bettors, its old news and whats explained in the article is common practice among these books.

there are only very few books offshore that doesn't restrict winners. bookmaker/betcris, pinnacle and some asian books to name a few.

this is a very misleading for bookmaker/betcris.
this has nothing to do with bookmaker/betcris.

change the thread title to sportsbook instead of bookmaker.

[lonnie55]

1) 18bet will never limit players under 70-100 €? 2) And they not void bets after the match?

1) yes and 2) no

but as I said they are far from being perfect

sometimes bets get rejected for no reason or markets completely removed after a request

[lonnie55]

change the thread title to sportsbook instead of bookmaker.

it says "a bookmaker" not "bookmaker.eu"

but mods can change it if they think it's misleading anyway