Will a major sportsbook close your account if you're winning too much?

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  • hockeyhy
    SBR Sharp
    • 07-17-10
    • 373

    #1
    Will a major sportsbook close your account if you're winning too much?
    I'm talking thegreek, diamond, 5dimes, BetJamaica, bookmaker, matchbook -level sportsbook.
  • Peep
    SBR MVP
    • 06-23-08
    • 2295

    #2
    Best thing to do IMO is for you to win "too much" and let us know.

    In a more general sense, it probably would be determined by what you bet and when you bet it. You can certainly get put on call in only, which is a new game, different than popping a stale number on the internutty.
    Comment
    • Peep
      SBR MVP
      • 06-23-08
      • 2295

      #3
      And in the group you listed, BetJam and 5 Dimes do not belong, they both view themselves as recreational books, and do limit as a matter of everyday business.
      Comment
      • hockeyhy
        SBR Sharp
        • 07-17-10
        • 373

        #4
        They limit wagers, but do they limit profits/withdrawal?
        Comment
        • Peep
          SBR MVP
          • 06-23-08
          • 2295

          #5
          Usually they limit your wagers based on your profits. If you always lose, they will increase your limits in most cases.
          Comment
          • BigDaddy
            SBR Hall of Famer
            • 02-01-06
            • 8378

            #6
            Originally posted by hockeyhy
            They limit wagers, but do they limit profits/withdrawal?
            betjam will let me win all i want with $500 limits and $250 props.
            Comment
            • coldhardfacts
              SBR Wise Guy
              • 10-19-07
              • 717

              #7
              As an Exchange, Matchbook has no stake in whether you win or lose, and would have no reason to close your account or lower your limits. In fact, it would be counterproductive for them to do so.
              Comment
              • Hareeba!
                BARRELED IN @ SBR!
                • 07-01-06
                • 37291

                #8
                I've closed a squillion more accounts than have ever been closed on me

                VIP is the only bookie I've ever had close my account

                All the rest I sacked either for cutting my limits to waste of time levels or for unconscionable behaviour or extreme slow payout, eg. Jazz, WSEX
                Comment
                • Stumpage
                  SBR MVP
                  • 09-21-05
                  • 2906

                  #9
                  My personal experience on a few books listed by the OP.....

                  *Greek: Never. No limit reductions, delays, expulsion, etc. Win and withdraw to your heart's content.....
                  *Cris: No banishment, but limits reduced somewhat on certain sports.....
                  *5Dimes: $30,000 up, and then was shown the door outright.....

                  Needless to say, eveybody's experience is probably different, but for what it's worth this is mine.....
                  Comment
                  • Waz
                    SBR Sharp
                    • 12-25-08
                    • 262

                    #10
                    Most books will either limit or ban. It sucks for the player, but I understand it. They're running a business.
                    Comment
                    • csm506
                      SBR MVP
                      • 07-10-10
                      • 1402

                      #11
                      If you win to much that is a good problem to have and if you were betting huge bucks go to Vegas so you will get paid for sure.
                      Comment
                      • Justin7
                        SBR Hall of Famer
                        • 07-31-06
                        • 8577

                        #12
                        If you do enough damage, ANY sportsbook will eventually take countermeasures.
                        Comment
                        • icecapper
                          SBR Wise Guy
                          • 09-29-09
                          • 788

                          #13
                          This is a problem that is great to have.
                          Comment
                          • jackkkk2009
                            SBR MVP
                            • 07-13-09
                            • 1183

                            #14
                            Matchbook will never limit your bets or close your account.. other books have no guaranteer.
                            Comment
                            • Hareeba!
                              BARRELED IN @ SBR!
                              • 07-01-06
                              • 37291

                              #15
                              Originally posted by jackkkk2009
                              Matchbook will never limit your bets or close your account.. other books have no guaranteer.
                              of course, Matchbook and Beffair are EXCHANGES not SPORTS BOOKS

                              it isn't their money you are winning

                              the more you turnover there the more commission they make .. unless you wipe out all their other customers
                              Comment
                              • HedgeHog
                                SBR Posting Legend
                                • 09-11-07
                                • 10128

                                #16
                                Also, it depends on how you're winning. Betting steam or cherry picking props might get you limited, even at the best Books.
                                Comment
                                • tommygun
                                  SBR MVP
                                  • 07-01-10
                                  • 2239

                                  #17
                                  Originally posted by HedgeHog
                                  Also, it depends on how you're winning. Betting steam or cherry picking props might get you limited, even at the best Books.
                                  what is betting steam exactly
                                  ??
                                  BETTING EXCHANGES, easy money.

                                  Soccer Tipping: 5-0-1
                                  Comment
                                  • hockeyhy
                                    SBR Sharp
                                    • 07-17-10
                                    • 373

                                    #18
                                    Originally posted by Stumpage
                                    My personal experience on a few books listed by the OP.....

                                    *Greek: Never. No limit reductions, delays, expulsion, etc. Win and withdraw to your heart's content.....
                                    *Cris: No banishment, but limits reduced somewhat on certain sports.....
                                    *5Dimes: $30,000 up, and then was shown the door outright.....

                                    Needless to say, eveybody's experience is probably different, but for what it's worth this is mine.....
                                    By shown the door, do you mean they closed your account and gave you a check for the balance?
                                    Comment
                                    • HedgeHog
                                      SBR Posting Legend
                                      • 09-11-07
                                      • 10128

                                      #19
                                      Originally posted by tommygun
                                      what is betting steam exactly
                                      ??
                                      Taking advantage of line moves just prior to a Book adjusting their lines. Some Books have slower software so you can beat them to the punch on a line move. Showing a consistent pattern of doing this will get you limited or shown the door.
                                      Comment
                                      • That Foreign Guy
                                        SBR Sharp
                                        • 07-18-10
                                        • 432

                                        #20
                                        Originally posted by Hareeba!
                                        of course, Matchbook and Beffair are EXCHANGES not SPORTS BOOKS it isn't their money you are winning the more you turnover there the more commission they make .. unless you wipe out all their other customers


                                        Scroll down to section six.
                                        Comment
                                        • Winner_13
                                          SBR MVP
                                          • 01-04-10
                                          • 1744

                                          #21
                                          I guess if you hit pinny for thier max bet amount at win at an outstanding rate or ur chasing steam there ..i cant picture them limiting u
                                          Comment
                                          • 316316
                                            SBR Sharp
                                            • 10-31-08
                                            • 395

                                            #22
                                            I guess your beting limit will be decreased.!
                                            Comment
                                            • Hareeba!
                                              BARRELED IN @ SBR!
                                              • 07-01-06
                                              • 37291

                                              #23
                                              Originally posted by That Foreign Guy

                                              yes, I know about premium charges but what's that got to do with this?
                                              Comment
                                              • Hareeba!
                                                BARRELED IN @ SBR!
                                                • 07-01-06
                                                • 37291

                                                #24
                                                Originally posted by Winner_13
                                                I guess if you hit pinny for thier max bet amount at win at an outstanding rate or ur chasing steam there ..i cant picture them limiting u
                                                I guess you are mistaken
                                                Comment
                                                • Stumpage
                                                  SBR MVP
                                                  • 09-21-05
                                                  • 2906

                                                  #25
                                                  Originally posted by hockeyhy
                                                  By shown the door, do you mean they closed your account and gave you a check for the balance?
                                                  Hockeyhy, that was pretty much the case. It was some years ago now, but if memory serves I attempted to log in to my account, but realized it was locked. When I went to check on the status of the withdrawal that I had made earlier that day (I used Neteller back then) I was surprised to see that my entire balance at 5Dimes, $30,000 at the time, had been sent to my Neteller account in a dozen increments of $2,500 each.

                                                  So there was no correspondence letting me know I was being booted out; They simply gave me the Heave but paid me instantly. To this day the account remains locked and there has been no communication in the slightest, but so be it.
                                                  Comment
                                                  • thespeculator
                                                    SBR MVP
                                                    • 09-09-08
                                                    • 2999

                                                    #26
                                                    stump always tells it like it is, but everyones situation is unique , i don't know this for a fact ,but i have heard tony from 5dimes was banned from pinnacle and that is how he started 5dimes, but i am a 5dimes fan and would love the day i get banned
                                                    Comment
                                                    • LarryF
                                                      SBR Wise Guy
                                                      • 12-11-09
                                                      • 949

                                                      #27
                                                      Play multiple books to reduce the chance of being too successful at one book. Spread your wager around.
                                                      Comment
                                                      • tblues2005
                                                        SBR Hall of Famer
                                                        • 07-30-06
                                                        • 9235

                                                        #28
                                                        I just say don't wager too heavy and you will be alright also here.
                                                        Comment
                                                        • hockeyhy
                                                          SBR Sharp
                                                          • 07-17-10
                                                          • 373

                                                          #29
                                                          I wonder if Vegas casinos also won't allow large wagers if you keep winning...
                                                          Comment
                                                          • John Dough
                                                            SBR MVP
                                                            • 09-21-05
                                                            • 1785

                                                            #30
                                                            Originally posted by hockeyhy
                                                            I wonder if Vegas casinos also won't allow large wagers if you keep winning...
                                                            Vegas books absolutely limit/cut off winners.
                                                            Comment
                                                            • midnight777
                                                              Restricted User
                                                              • 09-10-09
                                                              • 504

                                                              #31
                                                              nice problem to have by the way
                                                              Comment
                                                              • Hareeba!
                                                                BARRELED IN @ SBR!
                                                                • 07-01-06
                                                                • 37291

                                                                #32
                                                                Originally posted by midnight777
                                                                nice problem to have by the way
                                                                not if you're relying on it for a living
                                                                Comment
                                                                • wrongturn
                                                                  SBR MVP
                                                                  • 06-06-06
                                                                  • 2228

                                                                  #33
                                                                  people who really have this nice problem are not actually concerned at all
                                                                  Comment
                                                                  • thebayareabeast
                                                                    SBR MVP
                                                                    • 04-22-10
                                                                    • 1475

                                                                    #34
                                                                    Originally posted by Hareeba!

                                                                    VIP is the only bookie I've ever had close my account
                                                                    Why did they close your account?
                                                                    Comment
                                                                    • Hareeba!
                                                                      BARRELED IN @ SBR!
                                                                      • 07-01-06
                                                                      • 37291

                                                                      #35
                                                                      Originally posted by wrongturn
                                                                      people who really have this nice problem are not actually concerned at all
                                                                      well I don't recall anyone taking my vote on that
                                                                      Comment
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