Your bankroll is increasing, your handicapping skills are improving and you are taking the time to find your edge in multiple sporting tournaments. You already know more than the bettor who is only starting out.
You may be facing sharp restrictions, and if you are beating the odds, some bookmakers might have even closed your account. So, the question follows,
How to avoid bookmakers’ restrictions?
Can you avoid bookmakers’ restriction?
Short answer: No, not really. Not forever. But you can prolong the life of your account.
So, before you take the next step as a punter, you need to learn how to avoid bookmakers’ restriction as long as possible.
There is little you can do once your account is closed or restricted, so you need to learn how to prevent being spotted as a ‘shrewd punter’ by the bookies. If you don’t, you’ll get cut down like a bad weed.
Learning how other successful punters managed to remain outside the radar is always a smart idea, but be careful about relying on forums, bookmakers tend to add misleading information, so the tips you get are not always reliable.
In this article, we’ll briefly go over why bookmakers are resorting to placing restrictions and closing betting accounts; then, we’ll give you the best tactics you can use.
Why Do Bookmakers Restrict Or Close Betting Accounts?
Once every month or so, traders meet – typically with a printout of the top 100 winners/losers/highest turnover in hand – and discuss who is going to be plucked.
They check who has been arbing, beating the starting price, and specialising in niche markets – and those who have are likely to face restrictions.
Two main reasons:
• Commission Rates
The arrival of betting exchanges led to margins on odds decreasing. While this may seem like a good thing, it also means that for most bookies, making a profit has become far harder. Price savvy punters go to the bettors with the lowest margins.
Running a bookmaking business is amazingly expensive. Think of a bookmaker in Malta facing enormous wage bills/IT bills/customer service department etc. Due to the low margins, the small turnover earned from sports bets do not come close to breaking even.
Against a giant with mythical odds like Betfair, smaller genuine bookmakers have very little chance to survive. So, they keep their margins low, merely copying the odds of the betting exchange giant, but clamp down on punters who do well.
• Arrival Of High Margin Products Such As Casino And Games
Against an army of ‘sharp’ punters and ‘arbers’, the chances for traders to yield a turnover from, say, bets placed on a soccer match, tend to be slim.
Their alternative? Casinos and games. Bookies can win a guaranteed margin by flogging games, online roulette, etc. where the profit is guaranteed. Games and casinos require no trading meetings, monthly
Games and casinos require no trading meetings, monthly dips, or customer service confrontation. Bookies are now turning their eyes on the ‘recreational punters’ or ‘mugs’ – non-professional gamblers who pose little threat to bookmakers.
How To Avoid Bookmakers’ Restrictions?
• Withdraw money in small chunks
One way to ring all the alarm bells for a bookmaker? Withdrawing huge sums of money. If you try to do this, they’ll likely want to look at how you’ve made the money, throw in additional verification steps, and will be keeping a very close eye on you in the future.
If you try to do this, they’ll likely want to look at how you’ve made the money, throw in additional verification steps, and they will be keeping a very close eye on you in the future.
Withdraw smaller ‘chunks’. Bookmakers won’t make a fuss over £800. If you just signed up with a bookmaker, withdraw as little as possible. Start small, and have patience.
If you just signed up with a bookmaker, withdraw as little as possible. Start small, and have patience.
• Place ‘Bad’ Bets – Use ‘Coverplay’
Place a lazy accumulator with your bookmaker, or wager a couple of regular £30 bets on markets such as ‘First Goalscorer’, or futures such as ‘Total amount of scores at the end of league’.
Winning bets like these are hard, so if you bet some money on these types of wagers, you will hinder any suspicion.
Give the casino a little go, place some random bets, just remember: You’re acting. Pro punters don’t play for fun, so don’t lose real money.
• Keep Stake Size Low
You formed a good strategy, you know how bookmakers set the odds, the different ways to place bets, and you’ve found your edge in a couple of markets
. Now, don’t just sign up and instantly place the maximum stake on an underdog. It won’t take long before they realise that you are not just an average punter experimenting.
Don’t be blatant – build it up slowly.
Start with regular stakes, and withdraw your profits in small chunks.
• Be Who They Want You To Be
A recreational punter bets on different sports with no real expertise. Their bets are irregular and tend to have little value. They play randomly, spontaneously, and because it is fun.
You’re a punter who has done his or her research, gained the right experience, and actually, have a good chance at winning.
Who do you think bookmakers, whose main priority is money, like more?
So, make yourself seem a bit more disorganised.
Indulge in bets you wouldn’t dream of placing stakes on because you know they aren’t actually profitable. Obviously, don’t place a significant amount of money, but allow yourself to have some fun – it will help you more than you think.
• Understand The Profile Of The Market
Let’s say you spot a value bet. It is overlooked by other bettors, has good odds, low commission, and you’re confident that the odds of it happening are higher than what the bookie is showing.
Let’s take, for example, total penalties in a Premier League match: If the market will only see a total of £10,000, don’t bet over 15% of that market. If you bet, for example, £2000, that will mean you’re betting 20% of that market by yourself.
If you want to avoid restrictions, look at the profile of the market you’re betting on, and bet accordingly. If you try to go for a fiery bang, bookmakers will snuff you out.
On the other hand, if you bet £1,000 on Manchester United to defeat a relegation battler, even though this is a considerable bet, it is unlikely to raise any alarms.
• Don’t Bet In Precise Amounts
If you are betting amounts like £139 or £452, traders will probably flag you as a sharp punter. Even worse, they may think you are trying to take advantage of an arbitrage opportunity. This may seem like a small thing, but average punters with full privileges tend to place flat, round stakes.
This may seem like a small thing, but average punters with full privileges tend to place flat, round stakes.
When it comes to avoiding the watchful eye of bookies, blending in is key.
• Analyse Your Context
This is going to sound like a real kicker:
If you come from the same area as another pro punter, or an area where betting syndicates have been known to operate, you are far likelier to be targeted by traders.
Think twice about what IP address you want to use.
• Keep Using Your Restricted Account
If you have been restricted but you can still use your account, keep playing. You probably won’t be able to make money easily, but if you’re going to create pseudo accounts, this step is crucial. If traders see that you are still using your restricted account, they are less likely to suspect that you’re betting through someone else’s.
You probably won’t be able to make money easily, but if you’re going to create pseudo accounts, this step is crucial. If traders see that you are still using your restricted account, they are less likely to suspect that you’re betting through someone else’s.
• Create Pseudo Accounts
A pseudo account involves getting other people to open betting accounts for you in their name. They may not be punters themselves, but since they will have a different IP address, you’d be able to place bets in their name. Strictly speaking, this is against the bookies’ rules.
Strictly speaking, this is against the bookies’ rules.
Also, before we move forward, a small (but necessary) disclaimer: You need to check whether you can face any legal issues for doing this.
This will give you a ‘second life’, so to speak, if your own account has been closed.
Make sure there is no trail.
This is the 21st century, bookies can communicate between one another easily – so don’t create obvious links between new and old accounts. Never use false information, but don’t use the exact usernames either.
If you’re upset about losing one of your account privileges, don’t fight the bookmakers. They won’t overturn their decisions, and it is not worth the hassle.
Your aim should be to avoid getting flagged in the first place. In the betting world, prevention is better than any cure.