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Are you a lifetime winner? Proof included

  • 04-12-2012 10:51am
    #1
    Moderators, Computer Games Moderators Posts: 11,139 Mod ✭✭✭✭ Mr. Manager


    I was just checking my Bet365 account and found that I'm a small winner overall.

    Have only been with 365 since the middle of October. Looking into getting my results from Ladbrokes as that's where I did all my punting before (it's probably negative there though).

    If you're going to post, include pics. No point saying "I won XXX amount on XXX game".

    365.jpg


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Comments

  • Registered Users Posts: 2,000 mitosis


    Lodged v withdrawn would be a better metre.


  • Moderators, Computer Games Moderators Posts: 11,139 Mod ✭✭✭✭ Mr. Manager


    I don't think that's an accurate assessment to be honest. Your total deposit vs. withdrawals will include bonuses.

    My total deposits to 365 since account creation is €349.93 and my total withdrawals is €635.29

    365.jpg

    365.jpg


  • Registered Users Posts: 2,000 mitosis


    That's way more impressive! Kudos!


  • Closed Accounts Posts: 812 clickerquicklic


    Not many winners at bookmakers have there accounts still open


  • Moderators, Computer Games Moderators Posts: 11,139 Mod ✭✭✭✭ Mr. Manager


    Why wouldn't they have accounts open? Traders would just limit there bets, not close their accounts.


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  • Registered Users Posts: 523 ✭✭✭ Manzoor14


    Why wouldn't they have accounts open? Traders would just limit there bets, not close their accounts.

    Depends entirely on the bookie I reckon, I know bet365 have been closing a huge number of limited accounts the last month or so anyway.


  • Moderators, Computer Games Moderators Posts: 11,139 Mod ✭✭✭✭ Mr. Manager


    I severely doubt there is any poster here who has their account closed by the traders or even limited.

    Open to correction though


  • Closed Accounts Posts: 812 clickerquicklic


    http://gyazo.com/9152447dddd37b59953b7fb81720c1e9

    Ladbrokes- Paddypower- Betfred -Boylesports- Willhill - Every major bookie will limit/close you


  • Registered Users Posts: 4,407 ✭✭✭ ft9


    Victor Chandler closed mine


  • Registered Users Posts: 2,181 ✭✭✭ jobless


    have had b365 and VC close accounts on me.... that were winning accounts...

    it's a disgrace that it's allowed happen....


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  • Closed Accounts Posts: 812 clickerquicklic


    Paddy power was on radio a couple of years ago , they admitted to closing down winners , if you are not closed or limit then they just see you as a mug.


  • Registered Users Posts: 523 ✭✭✭ Manzoor14


    Screenshot of mail I got a while ago from bet365, with my name blanked out.

    Full text of mail:

    Dear Mr ,

    Following a review of your account we regret to inform you that your account has been closed.

    If you have a balance on your account upon receipt of this notice you can contact us on the numbers below to arrange a withdrawal.
    Any ante-post or unsettled bets will stand and will be settled, win or lose, in the normal way when the result is known. You can then withdraw any funds arising from these bets by contacting our Customer Services department.

    If you have any further queries, we may ask you to confirm your four-digit security number. If you are unable to recall your four-digit security number, go to Services in the top right corner of our website, click on Help, select FAQ - My Account and refer to What if I forget my four-digit security number.

    Our team are available 24 hours a day by Live Chat, via email [email protected], freephone +800 12 365 365 or alternatively call +44 1782 684757 and we will be pleased to assist you. Please include your username and four digit security number on all future responses.

    Kind regards,

    Kevin
    The bet365 Team


  • Registered Users Posts: 104 ✭✭ Getoffmytrain


    Most bookies don't even contact you to tell you they're closing your account, you just can't log in anymore or all your bets are max stake 0.00.

    Here's one from Ladbrokes.

    Dear Mr xxxxxxx,

    Thank you for your e-mail regarding placing bets on your Ladbrokes account.

    I am sorry to learn of your frustration in placing bets. We can confirm that you are currently
    limited on any given event.

    This has been applied to your account as a result of some of the business you have placed
    with us on your accounts.

    We can assure you we do wish to attract customers to our service whether they win or lose.

    We do though have a responsibility to run the business profitably and therefore we do restrict
    certain customers and certain bets.

    We do regularly review the stake factors on accounts in line with the business patterns of our
    customers and we may look to alter the factor in the future.

    Whilst I appreciate your obvious frustration, the reduction in your stake factor is due to a well-
    meaning attempt to monitor our liabilities transactions placed across the various markets
    we offer. This provides a fair opportunity to all our customers who use the various betting
    channels. May we advise, in an attempt to accommodate your intended stake unit, that you
    place your bets via our Telephone Betting Service on 080077888 by quoting your username.
    Please note that we cannot guarantee your bet will be accepted. Our traders periodically
    review all accounts that have been restricted. Regrettably we are unable to override any decision that has been made.


    If we can be of any further assistance, please contact us again and we will be more than happy to help you.


    Yours sincerely,

    Terry
    Customer Services




    Followed a few weeks later by:

    Dear xxxxx,
    >>
    >> Re Customer ID: xxxxxxxxx
    >> We are writing to you today to inform you that we have decided to
    > close
    >> your account. As you will be aware until now your account has been
    >> heavily restricted and the bets that you have wished to place haven't
    >> been accepted. Following a review of your account activity we have
    >> taken the decision based on the fact that any bets accepted will be
    >> subject to heavy restrictions and as such the decision has been taken
    > to
    >> close the account rather than offer this heavily restricted service.
    >> Your account will remain open for the next 72 hours so please
    withdraw
    >> any balance during this time. Once your account has been closed you
    > will
    >> have to call Customer Services on 0800 731 6191 or +44208 515 2565
    >> (outside of UK) if you wish to withdraw remaining funds.
    >> Your sincerely,
    >> Ladbrokes Customer Services Team
    >>
    >> Privacy Policy Terms and Conditions Unsubscribe Contact Us
    Ladbrokes
    >> believes in responsible gambling, for more information go to
    www.gambleaware.co.uk .
    >>
    >>
    >> Ladbrokes Sportsbook LP, a limited partnership registered in
    > Gibraltar,
    >> number 44 and whose registered office is 57/63 Line Wall Road,
    >> Gibraltar.
    >>


  • Banned (with Prison Access) Posts: 3,288 mickmackey1


    Difficult to believe those stories, they would end up shelling out far more on legal cases than they ever would to winning punters; tbh it is nigh on mathematically impossible to have a winning account with any bookie considering the margins they give themselves.


  • Registered Users Posts: 1,410 ConorCBS


    Difficult to believe those stories

    Are you saying they are lying? I don't see why you wouldn't believe it. All it takes is a quick google search to find out it's not as rare as you seem to think.


  • Banned (with Prison Access) Posts: 3,288 mickmackey1


    ConorCBS wrote: »
    Are you saying they are lying?

    Why on earth did they not get their legal team onto it straight away? That is malpractice, illegal trading and downright fraud.


  • Registered Users Posts: 1,410 ConorCBS


    Why on earth did they not get their legal team onto it straight away? That is malpractice, illegal trading and downright fraud.

    I don't think so. I would imagine it is in the Terms and Conditions that you accept when you register with them.


  • Banned (with Prison Access) Posts: 3,288 mickmackey1


    ConorCBS wrote: »
    I don't think so. I would imagine it is in the Terms and Conditions that you accept when you register with them.

    So you are saying they accept terms which prevent them from winning... in that case they are not liars but ARE completely brain dead.


  • Registered Users Posts: 1,410 ConorCBS


    So you are saying they accept terms which prevent them from winning... in that case they are not liars but ARE completely brain dead.

    Do you have an account with a bookmaker?


  • Banned (with Prison Access) Posts: 3,288 mickmackey1


    ConorCBS wrote: »
    Do you have an account with a bookmaker?

    Yes, and to answer your next question I don't believe they would even check my winnings until I approach the Paypal limit of €8000 (about €7500 away:)


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  • Registered Users Posts: 1,410 ConorCBS


    Yes, and to answer your next question I don't believe they would even check my winnings until I approach the Paypal limit of €8000 (about €7500 away:)

    Well, in that case, you are brain dead, according to yourself. ;)

    I'm not sure what bookmaker your account is with, but this is from Paddy Power's terms and conditions: "We are entitled to close your Account at our discretion and without having to disclose any reasons on written notice (or attempted notice) to you using the contact details you have provided. Any balance in your Account will be made available to you, subject to your having complied with the Terms of Use."

    Now something similar will be in the terms and conditions of nearly every bookmaker and chances are you have accepted it as part of the terms of conditions when signing up.


  • Closed Accounts Posts: 812 clickerquicklic




  • Banned (with Prison Access) Posts: 3,288 mickmackey1


    Listen that article leaves my jaw on the floor. I'm off to watch Celtic while I try and think of an answer...


  • Registered Users Posts: 523 ✭✭✭ Manzoor14


    So you are saying they accept terms which prevent them from winning...

    Of course there are t+cs, any bookies that opens account and doesn't apply any t+cs will be gone bust in a matter of months. Any profitable gambler will flock to the site and take advantage. They run a businesses, they aren't gonna let a few clever gamblers take all their profits.

    I think its either 188 or sbobet who rarely limit or close accounts, I've no idea how they're still in business!

    My limited/closed accounts for the record:
    P Power
    Will Hill
    bet365 - closed
    Vic Chandler - limited/closed (haven't looked at it in about a year, VC limit or close at the hint of profit)

    Trick is to spread the betting around the accounts I think, not accumulating massive profits on one. And try open multiple accounts in each bookie (not strictly abiding by their t+cs!) ;)


  • Banned (with Prison Access) Posts: 3,288 mickmackey1


    Manzoor14 wrote: »
    They run a business

    It's the strangest business model I've ever heard - 'you give us your money and we give nothing in return'. As the previous article stated "it is a predicament that younger, less experienced punters, those who only bet sporadically and the media seem genuinely unaware of". Surely if knowledge of this practice were more widespread those booming profits would simply collapse, there can't be that many gullible muppets out there...:rolleyes:

    As for myself, I'll keep my account open until I get that letter in the post & can believe it with my own eyes... which I don't expect to be any time soon:pac:


  • Registered Users Posts: 523 ✭✭✭ Manzoor14


    It's the strangest business model I've ever heard - 'you give us your money and we give nothing in return'.

    Well obviously they'll give something in return, as in if an account goes €5 into the black they ain't gonna close it straight away! If someone that turning over €250k a year profit they aren't gonna leave that account open/unlimited!

    I don't what the threshold is before they limit/close. Somewhere from 5k-10k profit I reckon. Probably depends on the timescale as well though.


  • Registered Users Posts: 8,881 ✭✭✭ bohsman


    Also depends on bet types, if you are winning at multiples or even betting on multiples for a decent % of your bets it's highly unlikely they will ever close your account.


  • Banned (with Prison Access) Posts: 3,288 mickmackey1


    I don't what the threshold is before they limit/close. Somewhere from 5k-10k profit I reckon. Probably depends on the timescale as well though.

    Lets say they had a threshold of 100k profit, I totally believe they could leave those accounts open & still rake in the cash, Bet365 made 400 million last year.


  • Registered Users Posts: 523 ✭✭✭ Manzoor14


    Lets say they had a threshold of 100k profit, I totally believe they could leave those accounts open & still rake in the cash, Bet365 made 400 million last year.

    Completely valid point, but that's exactly why they make such huge profits!

    Why would they leave open an account that was making 10k profit until they hit 100k profit?
    As in why would bet365 think "oh look, this guy is making profit from us to the tune of 10k, lets leave him off for another 90k or so then we'll close him".

    They nip profitable accounts in the bud to maximize their profits. Bet365 would rather the 90k in their accounts than the punter's pocket. Closing the account doesn't make any difference to them, for every 1 profitable account they close there'll be 20 other punters ready to sign up and lose money.

    Anyway, apologies for bringing this thread off topic :o


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  • Registered Users Posts: 104 ✭✭ Getoffmytrain


    They close accounts after one bet sometimes, close losing accounts too.
    The reason they make huge profits is they can't lose. All they have to do is work on increasing turnover. They are marketing companies.
    They close or limit anyone with half an idea of what they're doing.

    They don't have to employ competent odds compilers, seeing as they can just shut any account they like, and of course have the margin in their favour anyhow.
    They don't have to stand by their prices, cos they don't have to lay them.

    The best thing you can do if you want to make money from 'bookmakers' is buy shares in them.


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