1. #1
    hockeyhy
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    Will a major sportsbook close your account if you're winning too much?

    I'm talking thegreek, diamond, 5dimes, BetJamaica, bookmaker, matchbook -level sportsbook.

  2. #2
    Peep
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    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.

  3. #3
    Peep
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    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.

  4. #4
    hockeyhy
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    They limit wagers, but do they limit profits/withdrawal?

  5. #5
    Peep
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    Usually they limit your wagers based on your profits. If you always lose, they will increase your limits in most cases.

  6. #6
    BigDaddy
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    Quote Originally Posted by hockeyhy View Post
    They limit wagers, but do they limit profits/withdrawal?
    betjam will let me win all i want with $500 limits and $250 props.

  7. #7
    coldhardfacts
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    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.

  8. #8
    Hareeba!
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    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

  9. #9
    Stumpage
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    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.....

  10. #10
    Waz
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    Most books will either limit or ban. It sucks for the player, but I understand it. They're running a business.

  11. #11
    csm506
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    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.

  12. #12
    Justin7
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    If you do enough damage, ANY sportsbook will eventually take countermeasures.

  13. #13
    icecapper
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    This is a problem that is great to have.

  14. #14
    jackkkk2009
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    Matchbook will never limit your bets or close your account.. other books have no guaranteer.

  15. #15
    Hareeba!
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    Quote Originally Posted by jackkkk2009 View Post
    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

  16. #16
    HedgeHog
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    Also, it depends on how you're winning. Betting steam or cherry picking props might get you limited, even at the best Books.

  17. #17
    tommygun
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    Quote Originally Posted by HedgeHog View Post
    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
    ??

  18. #18
    hockeyhy
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    Quote Originally Posted by Stumpage View Post
    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?

  19. #19
    HedgeHog
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    Quote Originally Posted by tommygun View Post
    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.

  20. #20
    That Foreign Guy
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    Quote Originally Posted by Hareeba! View Post
    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
    http://www.betfair.com/aboutUs/Betfair.Charges/

    Scroll down to section six.

  21. #21
    Winner_13
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    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

  22. #22
    316316
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    I guess your beting limit will be decreased.!

  23. #23
    Hareeba!
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    Quote Originally Posted by That Foreign Guy View Post

    yes, I know about premium charges but what's that got to do with this?

  24. #24
    Hareeba!
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    Quote Originally Posted by Winner_13 View Post
    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

  25. #25
    Stumpage
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    Quote Originally Posted by hockeyhy View Post
    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.

  26. #26
    thespeculator
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    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

  27. #27
    LarryF
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    Play multiple books to reduce the chance of being too successful at one book. Spread your wager around.

  28. #28
    tblues2005
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    I just say don't wager too heavy and you will be alright also here.

  29. #29
    hockeyhy
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    I wonder if Vegas casinos also won't allow large wagers if you keep winning...

  30. #30
    John Dough
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    Quote Originally Posted by hockeyhy View Post
    I wonder if Vegas casinos also won't allow large wagers if you keep winning...
    Vegas books absolutely limit/cut off winners.

  31. #31
    midnight777
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    nice problem to have by the way

  32. #32
    Hareeba!
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    Quote Originally Posted by midnight777 View Post
    nice problem to have by the way
    not if you're relying on it for a living

  33. #33
    wrongturn
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    people who really have this nice problem are not actually concerned at all

  34. #34
    thebayareabeast
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    Quote Originally Posted by Hareeba! View Post

    VIP is the only bookie I've ever had close my account
    Why did they close your account?

  35. #35
    Hareeba!
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    Quote Originally Posted by wrongturn View Post
    people who really have this nice problem are not actually concerned at all
    well I don't recall anyone taking my vote on that

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