SBOBET New Policy In Regards to Agents (Asian Connect Affected)

[Craig22]

Here's the Email:

A pleasant day to you.
We want to take this opportunity to inform you that effective June 11, 2018, Monday at 1000 GMT +8, all SBOBET member accounts will be suspended to give way on the implementation of the new rule set by SBOBET in all Agents. This is in compliance with the decision of our partner to impose a Forced Position Taking of 50% in all Agents which our company is affected.
There is no way to revert to the usual account setup, however, we can calculate the win/loss by 50% instead of 100%. There will be a slight changes with the way we calculate the deposit, withdrawal, and win/loss to cover for the PT. Below is the computation for your reference.
NOTE: Since SBOBET has a Forced PT of 50%, only 50% of your money will be the valid or actual amount you have.

*This is just ridiculous- now leagues with low limits to begin with are cut in half. Betting is starting to become a real pain.

[Alfa1234]

Here's the Email:

A pleasant day to you.
We want to take this opportunity to inform you that effective June 11, 2018, Monday at 1000 GMT +8, all SBOBET member accounts will be suspended to give way on the implementation of the new rule set by SBOBET in all Agents. This is in compliance with the decision of our partner to impose a Forced Position Taking of 50% in all Agents which our company is affected.
There is no way to revert to the usual account setup, however, we can calculate the win/loss by 50% instead of 100%. There will be a slight changes with the way we calculate the deposit, withdrawal, and win/loss to cover for the PT. Below is the computation for your reference.
NOTE: Since SBOBET has a Forced PT of 50%, only 50% of your money will be the valid or actual amount you have.

*This is just ridiculous- now leagues with low limits to begin with are cut in half. Betting is starting to become a real pain.

Yep, Pinnacle did the same with their PinnacleSports/PS3838 accounts that were provided through agents. Sharp bookies can't handle their very sharp clients anymore and are looking for ways to remain profitable. Cutting limits for those clients is the easiest way to do that.

[HeeeHAWWWW]

Actually thought SBO did this ages ago. Maybe I'm thinking of max/ibc.



Asianconnect explained this in a post a while back: with an agent between customer and book, the agent can profile customers, book the square money entirely themselves, and pass the sharp money to the book (getting volume commission on it). The book ends up only eating the sharp money.

[dealer wins]

This move would make sence for normal books who manage lines manually, but Pinny keep on droning on about they use sharp bets to make their lines super efficient, welcome arb action bla bla bla

Makes no sence to me why they activly turn away action, and it would be action that will only end up going through Matchbook or similar who copy Pinnys lines anyway.

[Alfa1234]

This move would make sence for normal books who manage lines manually, but Pinny keep on droning on about they use sharp bets to make their lines super efficient, welcome arb action bla bla bla

Makes no sence to me why they activly turn away action, and it would be action that will only end up going through Matchbook or similar who copy Pinnys lines anyway.

It seems obvious to me. If you take a €350 bet from a sharp player and adjust your line by 2 ticks, it will cost you less than taking a 1000€ bet from that same sharp player and adjust the line in the same way. You get the same sharp info for 35% of the cost. The line moves by the same amount of ticks if you place your bet on PS3838 or the regular Pinnacle.com site...but your limits are only 35% on the PS3838 site.

Same info, lower total amount of sharp bets...more profit. Pinnacle rarely has balanced action so this makes a lot of sense. Same goes for SBO.

[dealer wins]

Could be a good way to move the line the way you want it with a smaller bet on the opposite side, before hitting the side you want on either a normal Pinnacle account or any number of sites/exchanges that copy them with a bigger bet lol.

[rangerz2478]

Yep, Pinnacle did the same with their PinnacleSports/PS3838 accounts that were provided through agents. Sharp bookies can't handle their very sharp clients anymore and are looking for ways to remain profitable. Cutting limits for those clients is the easiest way to do that.

Ps3838 acounts did this? Maybe on another broker not but ac88.

[Alfa1234]

PS3838 account limits are about 35% of those of a "normal" Pinnacle.com account, so yes they did it as well although in a different way, by simply creating a separate site for their agent accounts.

[Alfie White]

That is weird, I am having exactly 50% on my Pinnacle account (from the agent, and a real Pinnacle account for that matter).

[Alfa1234]

That is weird, I am having exactly 50% on my Pinnacle account (from the agent, and a real Pinnacle account for that matter).

Can I ask you what agent provides pinnacle.com accounts at 50%? They are probably taking part of your action for themselves.

[HeeeHAWWWW]

Can I ask you what agent provides pinnacle.com accounts at 50%? They are probably taking part of your action for themselves.

Was wondering that myself.

Let's compare ........ mine has Russia -1 (vs Saudi, world Cup) at £4025/e4586/$5391.

Anyone got more/less?

[Alfie White]

Was wondering that myself.

Let's compare ........ mine has Russia -1 (vs Saudi, world Cup) at £4025/e4586/$5391.

Anyone got more/less?

Am at SM, have €4,577 at the moment @ 1.74

[Alfie White]

From what I know, up till recently they had 100% of the normal Pinnacle account, until the most recent slash occurred, since that happened I am at 50% of the normal Pinnacle limits, but still happy with it.

[Alfa1234]

Regular Pinnacle.com account has that line for 12817.98€.

My PS3838 account has the same as you guys (4577.85€).

It's not 50% Alfie, it's roughly 35% and has been for well over a year for all agent accounts that I'm aware of.

[HeeeHAWWWW]

That's odd - when I've compared with others with native pinny accounts in the past, my limits were 50%.

[Alfa1234]

Interesting...could my regular account actually have higher limits than a "standard" one? My agent account has been at roughly 35% limit of my regular account for a long time and I assumed it was like that for everyone because I've compared the agent limits before.

[HeeeHAWWWW]

Interesting...could my regular account actually have higher limits than a "standard" one? My agent account has been at roughly 35% limit of my regular account for a long time and I assumed it was like that for everyone because I've compared the agent limits before.

I think that might be it. Looking at your figures above,

4577.85

/

12817.98

= 0.357 ....... a rather odd fraction.

But assume it is 50% PT, that would mean a regular 100% limit is 9155.7.

Now: 12817.98 / 9155.7 = 1.40 exactly. That's not a coincidence.

[Barrakuda]

5000 eur max risk for ps3838 via ac88.

[Alfie White]

Regular Pinnacle.com account has that line for 12817.98€.

You have PT account there.

Clean Pinnacle line is "Max bet: 8,901.35", real "First Name Letter - Last Name Letter - Number" account with them. So those 12k look like PT account to me, if I am not gravely mistaken.

https://i.imgur.com/CMwiUfF.png

[Alfa1234]

What is PT?

My "clean regular" account is exactly what you say (First name, last name, number) and has been for years and years. I also just checked the numbers on that account and it's not a big loser percentage wise, so it seems strange they would up the limits to 140%.

[Alfie White]

Position Taking, would you be kind enough to provide me with a screenshot of that?

Very weird stuff, it seems like even Pinnacle is profiling people then.

[Alfa1234]

Position Taking, would you be kind enough to provide me with a screenshot of that?

Very weird stuff, it seems like even Pinnacle is profiling people then.

Considering it's not an agent account...that wording makes no sense. Of course Pinnacle takes a position on wagers from clients...I suppose they just flagged the account as non-sharp and allowed me to bet a higher limit. For me a PT account only exists if it comes from an agent and it's the agent that takes a part of the action. That's definitely not the case here.

Some screenshots from regular account:

https://gyazo.com/07898957bbbff4fdaf990dd60fba3de1

https://gyazo.com/0d2ec1c4c1f45ccc6de2fb27efaf2e83

Agent PS3838 account:

https://gyazo.com/bfbd2e60c337b2db46c48bca1771aa03

https://gyazo.com/bd4aa2e6e1f2588f5bbf10cb5a603a79

[Alfie White]

Bad wording, yes. But that means that we have 3 tiers of limits, 140%, 100% and 50%... quite weird stuff.

Thanks for the screens!

[Optional]

Alfa's Pinny account is just not flagged as sharp by the sounds. We all start with the same limits and if not flagged as sharp they increase AFAIK.

[HeeeHAWWWW]

I guess it makes sense to increase limits for older accounts that haven't caused trouble - ie fixing, syndicate action etc. If you don't do that then people will just make new accounts.

[icon]

SBOBet has been down for a couple of days now, I suspect they are being DDOSed prior to the FIFA World Cup.

[Alfa1234]

My agent account is also capped at 15k max bet, even if the "normal" limits are over 100k. Is it the same for you guys?

[HeeeHAWWWW]

Yeah, seems so for pin/sbo. See Argentina -1.5 (vs Iceland in 3hrs), risk limits are .....

ISN 46600 GBP
pin 7500 GBP
sbo 10k GBP
sing 16226
ibc 12848


Same 46600/7500/10000 limits on totals, and for Denmark-0.25. IBC/sing vary a bit by odds.

Kinda odd, cos GBP isn't a native currency for any of them.

[vampire assassin]

Can I ask you what agent provides pinnacle.com accounts at 50%? They are probably taking part of your action for themselves.

All credit accounts at Pinnacle have half the normal limits (at least all I have seen in the last 6 months). They might make an exception for a square player, but it makes it easier for them to manage risk. A dangerous player has to make a second limit bet at a crummier price to get his old exposure.

[Alfa1234]

I suppose there's another Pinnacle "limit" account.

My "normal" account limits have now been slashed.

Perugia ML today: 531.54
Agent account: 379.67

Anderlecht ML today (normal account): 7565.54
Agent account: 5403.96

I'm not happy...

[jjgold]

Asian connect probably not really well funded so keep limits lower

What would be other reason?

[Alfa1234]

Asian connect probably not really well funded so keep limits lower

What would be other reason?

Has nothing to do with that. Pinnacle knows all agent clients are very sharp so they force the agents to take a 50% stake in all bets. Agents don't want that (because they know on average their clients are very sharp and will win), so they simply lower the Pinnacle limits by 50% instead of taking the risk for themselves. Sbobet, Maxbet etc have done the same with all their agent clients.

[Craig22]

It's starting to become unbearable, I agree.

[lonnie55]

Its starting to become unbearable, I agree.

It's not that most of us have too many options

[HeeeHAWWWW]

It's becoming quite a problem, indeed.