All Broker, Agent and Offshore Exchange Issues

[MeanPeopleSuck]

Hey, awesome to see you again, Optional! Before I posted I figured the line on 'will Opti be the first to reply?' was even money.

Quick follow-up: if I did chance OrbitX, any recommendations on which bet broker to approach and/or which country my VPN should be out of? I can't remember exactly -- gettin' old, I figure -- but are there maybe a couple brokers with "Asia" in their names or something(?)

In any case, thanks very much and again, great to hear from you! (I figured the line of 'will anyone at SBR remember me?' at No -200, so you're an odds defying phenom!)

[Optional]

A lot of weird problem reports with OrbitX since you were last around here MPS.

Too many people have had their accounts drained and OrbitX actively covers it up and does not help them at all.

On my personal Balck List now. Never to be trusted again.

[MeanPeopleSuck]

Bet Broker Recommendations for a US based player?

Hi, guys. I'm an American looking for a bet broker to access Betfair's white label exchange (is it still Orbitx?)

I think I've got two questions:

1. Do any brokers allow US players? If not, are there any VPN workarounds that can get me hooked up with someone? (For my last account at odsy88, I had to represent as VPN-Canadian).

2. Are any brokers these days getting decent reviews from players, or flip side, are there any I should absolutely avoid?

Thanks very much for your time!

[ArAnah]

Maybe PS3838 only has agents who did not do stuff like that.

thanks for info, and I wanna ask you , where you find them ?

[Optional]

can't say for certain, but it seems like they have a different kind of white lable deal. As far as I know, when using Ps3838, the brokers have the options to either offer full Pinnacle limits to their customers (but take 50% risk themselves), or offer 50% limits only (with pinnacle taking full risk). Most opt for the latter.

That second option doesn't seem to exist on Piwi, so I guess the agent needs to take risk, meaning a winning account always causes losses for them.

I think the forced risk share came about when brokers were diverting losing accounts to a platform taking all the risk and leaving winners on the official platform with shared or no broker risk.

Maybe PS3838 only has agents who did not do stuff like that.

[infotimbo]

Didn't realize they operated so differently. I was up a decent number on ps3838, but since they switched to piwi I'm in the red overall. Guess I need to start looking for a new broker as having access to pinnacle is pretty vital.

can't say for certain, but it seems like they have a different kind of white lable deal. As far as I know, when using Ps3838, the brokers have the options to either offer full Pinnacle limits to their customers (but take 50% risk themselves), or offer 50% limits only (with pinnacle taking full risk). Most opt for the latter.

That second option doesn't seem to exist on Piwi, so I guess the agent needs to take risk, meaning a winning account always causes losses for them.

[weeminer]

The thing is, for big majority of betting agencies, winning less than 10k but say in the 5-8k range is considered a big amount. On average I am sure US bettors are considered big players compared to Europeans, and probably most of their customers are from Europe. But I wouldn't complain if they did pay the winnings.

Also probably the amount was won on a short timeframe and the broker got scared the player would quickly win 5 figures.

I'd be pretty surprised if this was the case. I've had low six figure swings (both + and -) using brokers, and never had any issues or hints of limiting previous to this. My single game limit on piwi is 10k euro, so I doubt 5-8k means much to them.

yeah, it's common practice at piwi247 at least that winning players immediately get the boot, while I never heard about it happening on ps3838

Didn't realize they operated so differently. I was up a decent number on ps3838, but since they switched to piwi I'm in the red overall. Guess I need to start looking for a new broker as having access to pinnacle is pretty vital.

[Swaggy P]

Is Pinnacle still regarded as the number 1 sportsbook in the world? Or is there another one now?

[infotimbo]

It's also likely IMO that Piwi247 was the one limiting, not Pinnacle.

yeah, it's common practice at piwi247 at least that winning players immediately get the boot, while I never heard about it happening on ps3838

[Poisec]

It's also likely IMO that Piwi247 was the one limiting, not Pinnacle.

[Poisec]

Friend of mine that I got to sign up for Piwi247 was just limited on his sports (pinnacle) account to 1 cent. I thought brokers generally don't limit?

It's a bit strange as he hasn't won very much (<10k)

The thing is, for big majority of betting agencies, winning less than 10k but say in the 5-8k range is considered a big amount. On average I am sure US bettors are considered big players compared to Europeans, and probably most of their customers are from Europe. But I wouldn't complain if they did pay the winnings.

Also probably the amount was won on a short timeframe and the broker got scared the player would quickly win 5 figures.

[Optional]

We almost need a sub forum for the constant flow of agent problems now.

There is no such thing as a "reputable" Pinny broker allowing USA players from regulated states. And AFAIK Pinny do not want brokers openly bypassing those laws in those states themselves.

That could be part of the reason why your account was limited.

[weeminer]

Piwi247 - Limited on pinnacle

Friend of mine that I got to sign up for Piwi247 was just limited on his sports (pinnacle) account to 1 cent. I thought brokers generally don't limit?

It's a bit strange as he hasn't won very much (<10k), and I've personally had no problems with them. When he asked them about it, they gave him some generic response like "Our game provider decided to limit your max bet. Sorry."

Happen to anyone else? What's another reputable broker to use for pinnacle if located in the US?

[Optional]

I think Isle of Man is a respectable licensor and regulator.

Nothing near like Curacao.

[Alfie White]

Isle of Man License is exactly the same like Curacao, still low value license.

You are clueless lol.

[Maikiti]

Isle of Man License is exactly the same like Curacao, still low value license. Sportmarket Pro is exactly the same as the PremiumGoal and BIA Black, very little difference, but on 90% same. The main reason of existence of betting brokers is to give you loophole access to bookies were you cannot open account personally.

[Namtambo]

Sorry! Other question, when I'm using SportMarket Pro to bet which is submitted to bookmaker(like pin88) is bet ID or my user name plus bet ID?

this is what's currently available for a random NBA market:

[Namtambo]

Many thanks and noted

this is what's currently available for a random NBA market:

[infotimbo]

Can I bet NBA/MLB more than 40k per day for 4 bets using Sportmarket Pro?

this is what's currently available for a random NBA market:

[Namtambo]

According to this comment, Can I bet NBA/MLB more than 40k per day for 4 bets using Sportmarket Pro?

The Sportmarket Pro (or generally Mollybet kind of-) platform is a massive plus indeed. It makes betting 10 times more comfortable, and you won't find that outside the agents.

[littlekona]

if you wager on horses a Agent account is a dream come true with the exchange options for many. bottom line its a decent option and the more the better

[infotimbo]

The Sportmarket Pro (or generally Mollybet kind of-) platform is a massive plus indeed. It makes betting 10 times more comfortable, and you won't find that outside the agents.

[Alfie White]

AC88 is obsolete, you should use Sportmarket - there you can see the real benefits with 10+ bookmakers and they have proper licensing under their belt.

[infotimbo]

How do they help with getting around jusisdictional laws? If the bookie asks for KYC documents, does the broker provide them?

That certainly WOULD be a value-add but I find it crazy that they can build a business just around people wanting to get around those.

what's so crazy about it? Bookies like Pinnacle or Betfair aren't accessible from many/most countries anymore, so an agent gives you the possibility to still do so. That's imo the main reason for most people to use them. And it's a very valid one.

If you're happy with what else you have access to, sure, no need to use an agent.

[Optional]

I already think you should avoid using them, so I am not going to argue with you about why you should. Just gave you my opinion.

[wakle]

How do they help with getting around jusisdictional laws? If the bookie asks for KYC documents, does the broker provide them?

That certainly WOULD be a value-add but I find it crazy that they can build a business just around people wanting to get around those.

Feel like most TOCs also say you can't use middlemen though, so you're like double-breaking TOC... do any brokers offer any sort of guarantees against account closure? I'd imagine they have some sort of predictable pattern to how they open accounts and if they ever got caught, their whole web of broker accounts might get closed, losing their customers a ton of money.

[Optional]

Transfer funds between books without having to withdraw/deposit is part of it.

But mostly it's to get around jurisdictional laws. Or to get around being booted by the bookmaker directly.

I think most of them do KYC now just to protect themselves from you making multiple accounts, not for the proper reasons.

[wakle]

What exactly is the point of a betting broker?

Like asianconnect88

I signed up to see what their UI looks like, and as far as I can tell:

• There's no "centralized" account balance: you still have to deposit into every separate bookie. And they won't give you an account for that bookie until you do
• They still do KYC: I was asked for it minutes after making an account
• You still access the various bookie sites through their respective websites. It's not like the broker created a centralized sportsbook or anything.

So instead of opening 4 different accounts with 4 different bookies, I open one account with the broker, deposit 4 times, wait for them to make 4 different accounts for me, then I still open all 4 of those sites separately, just using the login credentials they gave me. I don't really see how that's much of a value-add. I'm probably missing something here, so what exactly DOES the broker do besides open accounts for me? Do they make the withdrawal process easier? Do they prevent bookie KYC (even though I had to KYC with the broker anyway)?

Probably a stupid question, any info would be helpful!

[Namtambo]

thanks

no, not at all. It depends on the sport/event, same as everywhere else. Can be everything from $50 max to over 10k

[infotimbo]

no, not at all. It depends on the sport/event, same as everywhere else. Can be everything from $50 max to over 10k

[Namtambo]

Sorry can I bet 10k usd per bet without any problem?

No, they never limit you. Because they are not a bookmaker and don't take positions. They make their money on turnover.

[kursonik]

Orbitx currently has 2FA verification. This should reduce unwanted cricket betting

[MeryMaria]

They are asking for my personal information such as ID number and email, which I don't have because I don't have an account on betfair.com and they can't help me, according to the live chat agent. I'm still desperate.

[Alfie White]

In their T&C they reserve the right to forfeit your balance if there is reasonable grounds to close the account due to "fraudulent" bets. It is Curacao licensed entity and it will be close to impossible to get those funds back. Only thing you can hope for is to get your deposit back, but I wouldn't get my hopes up.

[Optional]

I would try reporting them to Betfair here as one action: https://support.betfair.com/app/cont...unauth-dispute