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*Bookies Close Winning Accounts Without
*Bookies Close Winning Accounts At A
*Bookies Close Winning Accounts For A
* in Betting by Amy
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A common complaint from successful punters is that bookmakers close or limit their accounts.You spend all your time perfecting your betting skills, and then you’re barred for using them. Is it really worth the effort?!The answer, I’m sure you’ll be pleased to hear, is a resounding YES! There is no good reason why you should get your accounts closed or limited by the bookies if you follow these simple rules.
Betting very precise amounts (e.g. £46.56) will mark you out very quickly as an arber or a matched bettor and most bookies don’t like those people!This is because they really want to attract so-called ’mug punters’ who are happy to take random punts in a spontaneous way and who traditionally lose money hand over fist.In contrast, arbing and matched betting suggests you are aiming to milk the bookies in a systematic way. And frankly they could do without the aggravation, as life is too short and these days their margins are paper-thin.If you’re arbing, use calculation software that works out rounded stakes or use a system like SkewTrader Pro, which is designed to work with round stakes.Only bet pounds not pence, and stick to sums ending with a ’0’ or a ’5’.2. Use the Basic ’Fake-a-Loss’ Technique
Beating bookies in betting sounds awkward, but it is possible through properly calculated maths. The basics you need to understand first are the pricing the bookmakers make, the wisdom of the crowd principle, and does the bookie close winning accounts. In this video we discuss which types of bookmaker you should generally avoid. Take into consideration, most Leisure bookmakers won’t accept accounts from wi.
It may seem like stating the obvious, but bookies don’t like winners.You therefore have to think about how to fake losses effectively, with the classic way of doing so being to (a) back an event at the bookies (e.g. Lucky Ned to win), (b) lay the same event off at Betfair (Lucky Ned not to win), then (c) hope that the event doesn’t happen (e.g. Lucky Ned falls at the first).This approach can often work but may prove expensive or back-fire entirely and get you shut down. In particular, things can go wrong if you’re tempted to back-and-lay longshots to ’make sure’ you lose, as longshots are often only available at much longer prices on Betfair than they are at your bookmakers.So if you back Lucky Ned at 30, you might be offered lay odds on Betfair of 40 or 50. Such an arb could cost you up to £400 on a £20 stake if the Law of Sod kicks in, and Lucky Ned comes home in front.This, in my opinion, is way too much stress for the pleasure of making your bookie twenty quid richer. With the punchline being that, if your longshot wins, your bookie will probably close down your account anyway.This will follow as night follows day, if you’ve been taking money off him prior to the race. He’ll now figure you’ve moved on to successfully backing rank outsiders and are therefore not worth the trouble.There is also the additional cost of Betfair commission to factor into your lay bet, so you may end up locking in a loss no matter what. Arbs that are guaranteed to lose, and in some cases lose you a lot, are an unnecessary price to pay for making your bookie smile; so my advice is to use this approach with caution.So instead, here is a more sophisticated way to manage your bookmaker accounts...
Keep records of where you are with each bookie.I keep records of bookie balances in my bookmaker passwords file (it’s only 1 row per bookie so it’s really not onerous), and then I track whether I am up or down this week with each of them.This should be easy if you’ve been recording all your bets (which you have been doing, right?).Obviously, if you’ve lost money at a given bookies this week, no further action is required, but if you’re up, review your progress over the last month and quarter. If I am ahead across all three periods, I will take action (see below).But if I’m only ahead at a given bookies over any one or two of these periods, I will usually decide to ‘rest’ him, and switch to the accounts I’m losing money with. There is usually no need to fake losses if you’re managing your bookmaker accounts carefully.When arbing there are always some accounts that, by chance, end up ahead, with others falling behind. The obvious long-term goal is to take your profits in Betfair, but you can give the natural cycling of bookie balances a helping hand simply by leaving successful accounts alone for a bit.In my experience, this actually only means resting two or three accounts at a time when I’m arbing (as of course bookie odds are designed to help the bookie profit over time, via the over-round, so usually the majority of accounts end up overdrawn).
But what do you do if you are still ahead at a particular bookie over the last week, month and quarter? Well, after kicking yourself for not resting the account earlier, try this...4. Back-and-Lay Short-Priced Selections Until You Lose Enough Money
This approach may sound counter-intuitive (as you will worry that favourites will win), but it is actually a sure-fire way of making losses on your bookmaker account.After all, the bookies make the bulk of their profits by laying favourites, so it shouldn’t be hard to lose to them by blindly backing anything in the required range. Plus, if you’re backing favourites or second favourites, you are going to look like the mug punter they so want you to be. And if your short-priced punt does come home in front, you’re likely to win such small amounts (relative to your stake) that your bookie is likely to let matters run, sure in the knowledge that your mug punter behaviour will soon find you out.Now I know what you are thinking – haven’t we, in step 2, questioned the value of backing-and-laying on account of (a) the odds disparities between the bookies and Betfair, and (b) the Betfair commission issue?Well yes, but Betfair rarely offers long lay prices on favourites. All you do is use a site like Oddschecker, combined with a separate Betfair window, and find back-and-lay options where the lay odds at Betfair are equal to the backing odds at the bookies. Then lay your horse/team/whatever at Betfair for the same (or lower) odds as those on offer at the bookmakers, for a sum equal to the backing stake.If your selection wins, you will finish level, or possibly even ahead if you got better odds at the bookies. And if it loses, you will be down by the amount of your Betfair commission: typically £2.50 on a £50 stake, which is, I feel, a price worth paying to put the smile back on a long-suffering bookmaker’s face!That said, if you follow the guidance in my FREE ’How to Make £1,000 per Month from Betting’ eBook, you should even be able to make money from your short-priced arbs. Which in turn makes the whole thing that little bit more pleasurable!5. Avoid Moving Money in and out of Your Accounts as Much as Possible
I can’t stress this enough. Bookies incur quite significant banking costs (that thankfully they don’t usually pass on to you) if you use bank cards.If they are already having doubts about your account, there is nothing quite like a whole pile of bank fees to tip them over the edge.Just because you don’t see this cost doesn’t mean it doesn’t matter to them. Remember – bookies’ margins are wafer-thin, so naturally they are tracking this stuff.A really good way of getting accounts limited is to open an email about a reload offer, make a debit card deposit, milk the offer, then withdraw all your money again. Please don’t do this! Instead, focus on the long game.
This follows from point 5. Save your bookie bank charges and he will smile on you. Moreover, he will let you make much quicker withdrawals, so your bankroll can be turned over more quickly.Everybody’s happy!7. Use Arb-Friendly Bookies
No article on this subject would be complete without a plug for Pinnacle. This bookie is a punter’s dream. They offer great odds, openly welcome arbers, and, as far as I’m aware, have never closed down a soul.The only reason you’ve probably never heard of them is that they don’t waste money on marketing (or, by the look of it, on web design!) and famously don’t bother with expensive sign-up offers.They genuinely are in a class of their own and should be on your radar.Bookies Close Winning Accounts Without
Note: Pinnacle is not currently available to UK punters, but in 2017 they announced that they hope to return soon. We’re still waiting!8. Use a System that Allows You to Bet at Modest Stakes
Arbing is all very well but if you are placing £200 bets on League Two football matches in order to drive out £2.70 worth of profit, it won’t be that long before your bookie limits you.It would be better to place four arbs of £50 across a whole range of bookies, so the risk of unwanted attention is reduced.I developed SkewTrader Pro effectively to ’widen the gap’ between the back and lay sides of the arb, thereby allowing you to make enhanced profits at lower stakes. It comes with plenty of strategy options to help you get more value from modest trades.
Spread your bets around, using the techniques in my FREE ’How to Make £1,000 per Month from Betting’ eBook and open lots of bookie accounts (OddsMonkey is the perfect way to do it).After that, adopt an organised approach to bookmaker management.Having an account closed can happen to any of us (sometimes the bookies simply do random things!) but it usually isn’t inevitable. You simply need to plan ahead to minimise the chance of it happening.
I have created this page to show you the types of restriction / shutdown messages you will receive should you be lucky enough to profit from your betting activity like I do.Bookies Close Winning Accounts At A
Not all bookies actually shutdown / block your account, instead they start to offer stupidly low stakes on each bet. If you were to look at all the major UK bookies offered on 2 of the most popular odds comparison sites Oddschecker.com and Bestbetting.com, I have been shutdown with each of the bookmakers listed. By shutdown, I include bookies who start to offer pence of a couple of quid as maximum bet on a selection.
All of these and many more of my accounts have been closed by the major bookies as a direct result of me following 2 systems only, RacingSynergy (formerly BetSynergy) and The Value Horse Method. Now let me make this clear, I’m not saying that these 2 systems are the only ones with which you can make money from betting, but for me they have proved to be the most reliable and profitable.
Please note:Racing Synergy has superceeded BetSynergy and is an automated version of the BetSynergy product. Bookies Close Winning Accounts For A
I’m sure you’ll agree that the example account closures below prove that i’m doing something right! And let me add here that I am not an Arber. I back horses and let them run. If they win happy days, if they lose then I take it on the chin. So these account closures are not due to me putting on big bets and laying off for no risk small profits. That’s just not my cup of tea!
IMPORTANT NOTE: These screenshots were taken around the time that I posted this page on my site. I do not intend to keep updating them as they are purely to show you that profiting from racing is possible when you take the right approach. Feel free to contact me if you would like to discuss how I am doing presently.
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