Luxbet anyone?

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  • chance
    SBR Wise Guy
    • 06-16-08
    • 682

    #1
    Luxbet anyone?
    Luxbet is an Aussie book owned by Tabcorp.

    Has anyone ever had an account closed for winning too much?
  • allang84
    SBR High Roller
    • 12-18-10
    • 126

    #2
    cowboy outfit bud, stay clear, minute you win ur out of there, same as other european/aussie books, only looking for 10fold parlay mug punters not winners.

    hope this helps
    Comment
    • Hareeba!
      BARRELED IN @ SBR!
      • 07-01-06
      • 37194

      #3
      They are only about 18 months old and started full of promise.
      But they have certainly gone downhill on sports, limiting quite severely most of the time.
      Every bet goes off for review. Sometimes you get a pleasant surprise and they take it all but mostly I get limited to rather disappointing amounts though better than any of the UK books will let me bet. However, particularly with soccer they don't seem to monitor the markets closely and look at them only when you attempt to claim them for top price and they will reject your bet totally.
      One thing certainly worth maintaining an account for is their "best of the best" racing product for Saturday metropolitan and carnival days, although it is limited to only $250.
      I did however hear this week of one punter who was turned away from all their racing products.
      Comment
      • nenad
        Restricted User
        • 08-12-09
        • 714

        #4
        only good words about this book
        Comment
        • stikymess
          SBR MVP
          • 05-19-10
          • 3288

          #5
          Never heard of, lot of proven books out there.
          Comment
          • AimingHigh
            SBR Wise Guy
            • 06-12-09
            • 670

            #6
            I agree with Hareeba. I opened an account with them after looking at their soccer odds. They only seemed to review their lines AFTER I tried to bet it and, rather than taking my bet (or even some of my bet) as a courtesy for alerting them their value odds, they just flat out refused it.

            They weren't so scared of taking decent bets on US sports however, and I may bet there more if I ever get around to investigating whether there's any money to be made in the AFL.
            Comment
            • Hareeba!
              BARRELED IN @ SBR!
              • 07-01-06
              • 37194

              #7
              Originally posted by stikymess
              Never heard of, lot of proven books out there.
              there may well be a lot of books out there you've heard of but I doubt many of the would offer the security of a virtual government guarantee that you'll get paid as Luxbet can
              Comment
              • Hareeba!
                BARRELED IN @ SBR!
                • 07-01-06
                • 37194

                #8
                Originally posted by AimingHigh
                I agree with Hareeba. I opened an account with them after looking at their soccer odds. They only seemed to review their lines AFTER I tried to bet it and, rather than taking my bet (or even some of my bet) as a courtesy for alerting them their value odds, they just flat out refused it.

                They weren't so scared of taking decent bets on US sports however, and I may bet there more if I ever get around to investigating whether there's any money to be made in the AFL.
                when it comes to Aussie sports such as AFL and NRL I you'll find Lux will accept very much larger bets
                I was even able to place $3000 on an NBL game last week (quite to my surprise)
                Comment
                • sportsbetwin
                  SBR Wise Guy
                  • 03-07-09
                  • 745

                  #9
                  They may limit but I would rate them as the safest book in the world.

                  What say you Hareeba?
                  Comment
                  • Hareeba!
                    BARRELED IN @ SBR!
                    • 07-01-06
                    • 37194

                    #10
                    Originally posted by sportsbetwin
                    They may limit but I would rate them as the safest book in the world.

                    What say you Hareeba?
                    I'd agree mate, can't think of any book or exchange I'd rate safer

                    not often I agree with a Roosters fan
                    Comment
                    • leon
                      SBR Sharp
                      • 10-02-10
                      • 319

                      #11
                      When you ll make you first withdrawal ,they are going to ask you too many verified documents. They tried to make me to create a registration but everytime was denying.
                      Comment
                      • Hareeba!
                        BARRELED IN @ SBR!
                        • 07-01-06
                        • 37194

                        #12
                        Originally posted by leon
                        When you ll make you first withdrawal ,they are going to ask you too many verified documents. They tried to make me to create a registration but everytime was denying.
                        they, like all Australian (and UK) books are subject to government regulations which have strict ID verification rules

                        a small price to pay for the significantly increased security

                        only those with something to hide need be concerned about it
                        Comment
                        • chance
                          SBR Wise Guy
                          • 06-16-08
                          • 682

                          #13
                          Originally posted by Hareeba!
                          They are only about 18 months old and started full of promise.
                          But they have certainly gone downhill on sports, limiting quite severely most of the time.
                          Every bet goes off for review. Sometimes you get a pleasant surprise and they take it all but mostly I get limited to rather disappointing amounts though better than any of the UK books will let me bet. However, particularly with soccer they don't seem to monitor the markets closely and look at them only when you attempt to claim them for top price and they will reject your bet totally.
                          One thing certainly worth maintaining an account for is their "best of the best" racing product for Saturday metropolitan and carnival days, although it is limited to only $250.
                          I did however hear this week of one punter who was turned away from all their racing products.
                          Thanks for the tip about their racing promos. Are you an Aussie?
                          Comment
                          • Hareeba!
                            BARRELED IN @ SBR!
                            • 07-01-06
                            • 37194

                            #14
                            Originally posted by chance
                            Thanks for the tip about their racing promos. Are you an Aussie?
                            yep
                            Comment
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