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Fed up with being limited

  • 08-12-2010 7:17pm
    #1
    Registered Users, Registered Users 2 Posts: 6,109 ✭✭✭


    Okay, this is getting profoundly annoying. ANOTHER bookie has limited my betting stakes.

    I won a few hundred and got paid out on it last week after a pretty decent run with them. Previously, I'd been very occasionally limited (I presume when I was betting on outcomes they were already over-exposed on.)

    But I log in this week for the first time since trousering last week's winnings, and suddenly I'm unable to bet more than a couple of quid?

    What's worse, some of my bets are limited to less than 10c!!!

    Okay, I get the message - they don't want my business anymore. Fair enough. I guess I'll move on again. But this sort of thing is just churlish imho. They should just close the damn account and offer to either buy out my long-running bets or send a cheque for any later winnings to me.

    Why keep an account open only to limit the bets to buttons?

    Out of spite, I stuck a plethora of truly tiny bets on all sorts of **** just to annoy, and it seems to be working because I'm up about 50% already (albeit that's only a few quid.)

    Anyone else get really annoyed at this?


Comments

  • Closed Accounts Posts: 1,899 ✭✭✭coughlan08


    my account in pp has still no limits and ive taken 13k-15k off them,strange but im not complaining...:p


  • Registered Users, Registered Users 2 Posts: 6,109 ✭✭✭Cavehill Red


    coughlan08 wrote: »
    my account in pp has still no limits and ive taken 13k-15k off them,strange but im not complaining...:p

    I stopped using PP years ago because of their arsingaboutery, but if that's the case, I might think about going back.

    Might be useful to use this thread to share experiences on which bookies limit and which ones don't, actually. I suppose they all do eventually, but it would be a worthwhile exercise to know who's the quickest on the limiting button.


  • Registered Users, Registered Users 2 Posts: 239 ✭✭bookie basher


    join betfair, you can bet any stakes you want & you wont get any hassle if your a successful punter


  • Registered Users, Registered Users 2 Posts: 6,109 ✭✭✭Cavehill Red


    join betfair, you can bet any stakes you want & you wont get any hassle if your a successful punter

    I'm already there. Usually only use it for a bit of laying. Commission's a bitch.


  • Registered Users, Registered Users 2 Posts: 239 ✭✭bookie basher


    I'm already there. Usually only use it for a bit of laying. Commission's a bitch.

    commission is only 5%!!!, betfairs odds are usually better even when you factor in the commission, if i were you i would only use betfair or betdaq and stay away from the bookies


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  • Registered Users, Registered Users 2 Posts: 6,109 ✭✭✭Cavehill Red


    commission is only 5%!!!, betfairs odds are usually better even when you factor in the commission, if i were you i would only use betfair or betdaq and stay away from the bookies

    5% is 5% more than I pay any bookie.
    If they dropped it to around 1% I'd be more inclined to use them more often. I don't find the odds any better than bookies, tbh. And there's often a liquidity issue too, which prevents getting the bet you want on at the price you want.
    Anyhow, thread's about bookies who limit and how inclined they are to do so.


  • Registered Users, Registered Users 2 Posts: 10,632 ✭✭✭✭okidoki987


    Have to agree on the prices on Betfair these days.
    With the competition between bookies nowadays, the prices are nearly the same as Betfair and no commission payable.
    You'll find going into certain shops will yield even better prices especially if there's 2 or 3 others very close.
    Bookies will always take the multiple stakes bet.
    Bookies will always take the guy who doesn't understand how an exchange works.
    If you back horse or dog singles all the time, you'll be in trouble especially if the price hardens or if you continually win.
    Multiples, selections that go out in price, main stream sports, you'll be fine.
    Small bookies don't like bets that would cost them a fortune and would either limit you by stake or by their limits.
    The big chains will suit themselves but if you can find someone in a shop who doesn't ring in your bets, hang on to them.
    After a (big) win, a little tip for the cashier always works wonders.


  • Registered Users, Registered Users 2 Posts: 857 ✭✭✭thedini


    commission is only 5%!!!, betfairs odds are usually better even when you factor in the commission, if i were you i would only use betfair or betdaq and stay away from the bookies
    5%, what about successful punters?


  • Banned (with Prison Access) Posts: 12,333 ✭✭✭✭JONJO THE MISER


    Have to agree about betfair, sometimes the prices are worse than the bookies plus the liquity on the north American sports and lack of many markets means i only lay there now.


  • Closed Accounts Posts: 2,817 ✭✭✭myflipflops


    Premium charge on Betfair has the same effect as a bookmaker limiting you.

    Limiting happens everywhere. The only exception I know is cricketbetlive, a specialist cricket company who claim they never limit customers on match betting or team runs. I think they may lay off most of their action which is how they can do this.

    Everyone will have different opinions on how strict certain bookies are. Plenty of people on this board rave about bet365 while they are actually regarded as the harshest company going for restrictions. Personally, Stan James are the only mainstream company that have continued to lay me but others will have different experiences with them.

    It's a very annoying process but something you have to accept and work around. Take it as a compliment and open accounts through your mates or family or whatever.

    Advice like 'go to Betfair' or somewhere else is wrong. Apart from the huge negatives that Betfair has as a betting service outside of racing and soccer, you need accounts with as many companies as possible to be as profitable as possible.


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  • Closed Accounts Posts: 2,300 ✭✭✭nice1franko


    Me-> mike-wazowski1.jpg

    (green eyed monster)

    Congrats on your problem! :p


  • Registered Users, Registered Users 2 Posts: 6,109 ✭✭✭Cavehill Red


    Premium charge on Betfair has the same effect as a bookmaker limiting you.

    Limiting happens everywhere. The only exception I know is cricketbetlive, a specialist cricket company who claim they never limit customers on match betting or team runs. I think they may lay off most of their action which is how they can do this.

    Everyone will have different opinions on how strict certain bookies are. Plenty of people on this board rave about bet365 while they are actually regarded as the harshest company going for restrictions. Personally, Stan James are the only mainstream company that have continued to lay me but others will have different experiences with them.

    It's a very annoying process but something you have to accept and work around. Take it as a compliment and open accounts through your mates or family or whatever.

    Advice like 'go to Betfair' or somewhere else is wrong. Apart from the huge negatives that Betfair has as a betting service outside of racing and soccer, you need accounts with as many companies as possible to be as profitable as possible.

    My experience of the firms bolded has been exactly the opposite, actually. But otherwise I agree with every word you said. I'm just fed up migrating from account to account regularly. But I do appreciate it's a better problem to have than some gambling problems. I still think it's utterly unfair of the bookies, though. You don't see them limiting the amount a degenerate can stake, even though the poor fecker loses hand over fist.


  • Closed Accounts Posts: 2,817 ✭✭✭myflipflops


    My experience of the firms bolded has been exactly the opposite, actually. But otherwise I agree with every word you said. I'm just fed up migrating from account to account regularly. But I do appreciate it's a better problem to have than some gambling problems. I still think it's utterly unfair of the bookies, though. You don't see them limiting the amount a degenerate can stake, even though the poor fecker loses hand over fist.

    Different punters will have different experiences with the same company.

    The most difficult thing about winning money for a decent punter is getting bets on. If every company would lay everyone without restriction all the time then myself and lots of other gamblers could easily retire and punt professionally.


  • Registered Users, Registered Users 2 Posts: 522 ✭✭✭ValueSeeker


    What type of bets are you referring to? Are you sure it's you they're restricting as opposed to restricting anyone betting on that specific market?

    I often come across people on this forum talking about moving from 1 bookmaker to the next etc. To avoid problems like this and to give yourself every edge possible with regards to the value in the odds, it's very important that you open up numerous accounts.

    To the OP, if it is indeed you they're targeting, take it as a compliment :)

    You asked why they don't close your account altogether. They may value your opinion so want to monitor what you bet on.


  • Registered Users, Registered Users 2 Posts: 847 ✭✭✭wicklowdub


    Thinly veiled I'm Shrewd thread imo.

    Its bad publicity for a bookie to close accounts, they tend to just limit instead. Theres plenty of shops that you can have as much on as you like if your prepared to put the leg work in.


  • Closed Accounts Posts: 6,300 ✭✭✭CiaranC


    I still think it's utterly unfair of the bookies, though. You don't see them limiting the amount a degenerate can stake, even though the poor fecker loses hand over fist.
    Bookies are there to make a profit, not to be fair.

    If you think there is a gap in the market for a firm who will lay anybody anything, why not set up yourself?


  • Registered Users, Registered Users 2 Posts: 6,109 ✭✭✭Cavehill Red


    CiaranC wrote: »
    Bookies are there to make a profit, not to be fair.

    If you think there is a gap in the market for a firm who will lay anybody anything, why not set up yourself?

    Because I don't have the tank to do that.
    I'm not looking to discern a gap in the market. The purpose of the thread is to establish who does limit and who doesn't. Consensus so far seems to be that they all do. Is there one that doesn't?


  • Closed Accounts Posts: 6,300 ✭✭✭CiaranC


    Is there one that doesn't?
    Course there isnt, they'd be out of business in about 12 hours.


  • Registered Users, Registered Users 2 Posts: 6,109 ✭✭✭Cavehill Red


    CiaranC wrote: »
    Course there isnt, they'd be out of business in about 12 hours.

    Let me clarify - I don't mean take unlimited stakes bets - I mean who don't trim your max bet to sixpence once you've won a few quid.


  • Closed Accounts Posts: 6,300 ✭✭✭CiaranC


    Every shrewd punter on the planet would be backing with them in a matter of hours, it would be impossible to balance a book.


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  • Closed Accounts Posts: 196 ✭✭cards


    couple of tips....never link in to a bookies site through oddschecker or similar as I believe it shows up and marks you down as a best price taker. and mix up your stakes if possible.If you normally bet 50 or a hundred then do some bets of 2 or 3 quid and lay them back on betfair even, as it shows this person has no rhyme or reason when they profile your account.


  • Registered Users, Registered Users 2 Posts: 23,961 ✭✭✭✭mailburner


    what are you betting on mainly op?

    used to work in a bookie and from time to time
    one gentleman used to bet on dogs in english
    evening meetings and his strike rate would've
    have meant the bookies losing a big sum and
    his stakes were reduced greatly because of this
    given the races were probably fixed anyway.
    It was usually only 1or2 races per weeks but
    the alarms bells were ringing as soon as he walked
    in and most punters were very keen to find out
    what he was betting on.

    I do hope someday something similiar happens to me :pac:

    some chance
    :rolleyes:


  • Registered Users, Registered Users 2 Posts: 6,109 ✭✭✭Cavehill Red


    mailburner wrote: »
    what are you betting on mainly op?

    Largely soccer on less popular leagues - Irish League (NI), Argentina, etc, but also Champions League and Europa League.
    Also other sports - primarily rugby league and union and tennis, but also the odd bet on other things I get a bit of a steer on.
    No dogs, probably no more than two horses a year.


  • Closed Accounts Posts: 17,918 ✭✭✭✭orourkeda


    5% is 5% more than I pay any bookie.
    If they dropped it to around 1% I'd be more inclined to use them more often. I don't find the odds any better than bookies, tbh. And there's often a liquidity issue too, which prevents getting the bet you want on at the price you want.
    Anyhow, thread's about bookies who limit and how inclined they are to do so.

    The exchanges are far more flexible though.


  • Registered Users, Registered Users 2 Posts: 6,109 ✭✭✭Cavehill Red


    Betfair's commission is very high, though. What's the commission like on the other exchanges? Is it any better? And what's liquidity like?


  • Registered Users, Registered Users 2 Posts: 8,453 ✭✭✭ceadaoin.


    cards wrote: »
    couple of tips....never link in to a bookies site through oddschecker or similar as I believe it shows up and marks you down as a best price taker. and mix up your stakes if possible.If you normally bet 50 or a hundred then do some bets of 2 or 3 quid and lay them back on betfair even, as it shows this person has no rhyme or reason when they profile your account.

    FWIW, the oddschecker thing definitely doesn't happen


  • Registered Users, Registered Users 2 Posts: 301 ✭✭colsku


    coughlan08 wrote: »
    my account in pp has still no limits and ive taken 13k-15k off them,strange but im not complaining...:p

    That's because they know you'll give it all back eventually.


  • Closed Accounts Posts: 1,899 ✭✭✭coughlan08


    colsku wrote: »
    That's because they know you'll give it all back eventually.

    :pac::pac::pac:

    im not a big stakes punter so to make 15k profit is not heard of.
    you know nothing about me and yet pass a comment like that.
    there hasnt been a single losing log of mine for the pass 2 years and you then think im going to lose it all.
    i couldnt lose it if i tried, as i have already invested it into my business..
    i have a set bank for gambling purposes and when its gone its gone.
    it will never go though and im going to have a steady flow of income from mr.power for the rest of my gambling life..FACT
    thanks for your best wishes all the same though.


  • Closed Accounts Posts: 8 fatcatskinnyrat


    have you tried starsports?

    Pretty big layers..


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  • Registered Users, Registered Users 2 Posts: 951 ✭✭✭Verance


    coughlan08 wrote: »
    :pac::pac::pac:
    im not a big stakes punter so to make 15k profit is not heard of.
    you know nothing about me and yet pass a comment like that.
    there hasnt been a single losing log of mine for the pass 2 years and you then think im going to lose it all.
    i couldnt lose it if i tried, as i have already invested it into my business..
    i have a set bank for gambling purposes and when its gone its gone.
    it will never go though and im going to have a steady flow of income from mr.power for the rest of my gambling life..FACT
    thanks for your best wishes all the same though.
    You're slightly too cocky! :P What business you in?


  • Closed Accounts Posts: 2,683 ✭✭✭heavyballs


    Verance wrote: »
    You're slightly too cocky! :P What business you in?
    :rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes:


  • Closed Accounts Posts: 1,899 ✭✭✭coughlan08


    Verance wrote: »
    You're slightly too cocky! :P What business you in?

    i know but thats just who i am in general,i feel you have to be confident in order to be successful,if your not you will just be walked all over.

    im sure you can understand that i dont want to associate myself and my business with a gambling career for obvious reasons,so i wont go into much detail but what i will say is that i started off simply by emailing serious business,nike,adidas etc..
    and pleaded for their contacts and resources in china where they make everything,after a lot of no's, igot a yes and they provided me with a small number of their products that were not fit for the consumer,they would have tiny d-faults,most of the time nothing would be wrong,just the packaging might be missing or something as simple as that..they sold me soccer tops to trainers for next to nothing,jerseys were between 5-10 euro.i was then able to sell these on the internet like ebay etc..
    this only lasted a year and no longer was i able to aquire the goods for reasons i cant get into.
    so decided to set up my own 2 euro shop,where i can literally but something in china for 20cent or 50cent whatever it may be and sell it at 400% profit.the only problem is it is very time consuming and as a result i failed my 1st year collage,so that was a massive set back...im now taking a break,my first in 2 years and am going on holidays,brothers going to handle the business for me and will decide what im going to do with collage and my life in general after christmas..
    well done heavyballs contributing to the forum as always.:rolleyes:


  • Closed Accounts Posts: 2,683 ✭✭✭heavyballs


    coughlan08 wrote: »
    well done heavyballs contributing to the forum as always.:rolleyes:

    cheers old scout;)


  • Registered Users, Registered Users 2 Posts: 1,853 ✭✭✭Kod-box


    so your business is selling knock-off products on ebay?


  • Closed Accounts Posts: 1,899 ✭✭✭coughlan08


    Kod-box wrote: »
    so your business is selling knock-off products on ebay?

    no,i dont sell on ebay anymore and none of the products are knock offs..i sell on many other sites and have my own website were they obviously can be bought too..ebay is a rip off but it did provide me with loyal customers to this date.over 2000 in fact,even when i was a power seller it still made since to leave ebay and luckily the customers have followed...
    all products are brand new and cost around 45cent on average, depending on the product it can retail for about 2-5 euro.theres 25 products though that retail for 10..
    ever since the recession the trafic is crazy and am getting 4000 views on average per day.with around 8-10% of that leading to sales.
    all products are brand new straight from a china factory.


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  • Registered Users, Registered Users 2 Posts: 1,853 ✭✭✭Kod-box


    Ive done similar myself with various products on ebay from a chinese wholesale company but they shut you down as the good arent authentic.

    whats your site and i have a gander?


  • Closed Accounts Posts: 1,899 ✭✭✭coughlan08


    Kod-box wrote: »
    Ive done similar myself with various products on ebay from a chinese wholesale company but they shut you down as the good arent authentic.

    whats your site and i have a gander?

    ya ebay have a strict policy of having authentic only products being sold which is 100% correct,you obviously knew this as its everywhere on the site,imo that is an absolute disgrace..when in business you have to put yourself in the customers shoes,there obviously going to know its not authentic and report you...bad form..
    cant have my gambling career associated with the site,very bad publicity.


  • Registered Users, Registered Users 2 Posts: 1,853 ✭✭✭Kod-box


    I knew it alright, but i still made a few quid off the people who didnt :pac:

    fair enough if you wont show the site, i dont see how being a gambler would affect the hits or sales though


  • Closed Accounts Posts: 1,899 ✭✭✭coughlan08


    Kod-box wrote: »
    I knew it alright, but i still made a few quid off the people who didnt :pac:

    fair enough if you wont show the site, i dont see how being a gambler would affect the hits or sales though

    not the hits or sales but if my bank found out i would not be able to get a loan for the business for expansion in the future..


  • Registered Users, Registered Users 2 Posts: 1,853 ✭✭✭Kod-box


    Fair enough


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