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How likely is account to get closed

  • 25-03-2015 10:55am
    #1
    Closed Accounts Posts: 643 ✭✭✭ Geniass


    Hi,

    Very new to gambling, and online gabling in particular.

    I started with £20 bets (lost £20 free bets against favs).

    I joined to put a speculative bet on Liverpool to win the league. This was pre the Man U game (less said the better), so that's well gone.

    I've since bet up the second £10 into £63.

    Apart from a few low value bets against the favourite, I've not lost when carrying out a certain "strategy" betting with the favs. I started in Soccer, but have gravitated towards live Tennis betting WITH the favourite, especially after a certain point.

    Now, it's only £5 to £10 a day net gain (I'm building momentum after "discovering" Tennis).

    While it's only small money, how long before WilliamHill says, thanks and good luck! Or is it too small fry and will come under the radar.


Comments

  • Registered Users Posts: 10,546 ✭✭✭✭ okidoki987


    You were doing oh so well until you said those 2 words.....William Hill!
    One of the worst bookies for restricting an account around but would be for much higher stakes then you are doing.
    I don't think you'll get closed if the stakes you mentioned continue.

    Most bookies will give you a certain amount of "time" before restricting or closing an account.
    Main reasons would be backing something that collapses in price, continuing to win money or backing things when it's the top price or an arb with the same bookie.


  • Closed Accounts Posts: 643 ✭✭✭ Geniass


    Thanks - another rookie question.

    I think arb is to do with laying off with the likes of betfair and if found out is an automatic red card.

    Is hedging with the same bookie similarly frowned upon?

    For example sticking with Tennis - if you've a bet on with one player at a certain level the game can swing in such a way that you could lay money on the other player (in the same game) and guarantee a win.

    Separately, from what I've seen the WilliamHill Cashin value never seems to be enticing.


  • Registered Users Posts: 10,546 ✭✭✭✭ okidoki987


    I think arb is to do with laying off with the likes of betfair and if found out is an automatic red card.
    Correct.
    Is hedging with the same bookie similarly frowned upon?

    Used to be but not any more as there's big margin in Cash out these days.
    For example sticking with Tennis - if you've a bet on with one player at a certain level the game can swing in such a way that you could lay money on the other player (in the same game) and guarantee a win.

    Not 100% sure as Cash Out/In is exactly that but if it were me, i would do the opposite side with another bookmaker if possible.
    Don't forget you would be paying the bookie margin the 1st time around and also the 2nd time, you would also do this with Cash Out/In.
    Separately, from what I've seen the WilliamHill Cashin value never seems to be enticing.

    As above and it would be in the bookies favour every time.

    Cash Out/In is the latest bookie offering that they all will be doing in the future due to the fact most people find it easier instead of doing it on the exchanges and less hassle.


  • Closed Accounts Posts: 643 ✭✭✭ Geniass


    okidoki987 wrote: »

    Not 100% sure as Cash Out/In is exactly that but if it were me, i would do the opposite side with another bookmaker if possible.

    I thought at the time that it was possible to lay against the second player and beat the cashin value. But, never thought of the Cash-in option that way. Thanks. :-)


  • Registered Users Posts: 2,069 ✭✭✭ markc91


    William hill


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  • Closed Accounts Posts: 643 ✭✭✭ Geniass


    markc91 wrote: »
    William hill

    Cheers, why would female accounts be more closely monitored? Less likely to get involved in gambling unless they have insider info?!?


  • Registered Users Posts: 10,546 ✭✭✭✭ okidoki987


    Possibly little knowledge of all sports and more likely a male using their account to have bets.
    Not many females would be betting on most of the sports that males would bet on
    so bookies would assume it's not a "clean" account.


  • Registered Users Posts: 10,546 ✭✭✭✭ okidoki987


    markc91

    Where's that taken from?


  • Registered Users Posts: 2,069 ✭✭✭ markc91


    okidoki987 wrote: »
    markc91

    Where's that taken from?

    A payed Facebook group I'm in so can't really show more sorry


  • Registered Users Posts: 6,002 ✭✭✭ Hulk Hands


    okidoki987 wrote: »
    You were doing oh so well until you said those 2 words.....William Hill!
    One of the worst bookies for restricting an account around but would be for much higher stakes then you are doing.
    I don't think you'll get closed if the stakes you mentioned continue.

    Every bookie restricts and its pot luck which stay open and which dont. Generally if someone has only had a few accounts restricted, they think 'oh that company that closed me is the worst'. In any case, it's plain wrong to say that Hills are the worst. Whether thats because their risk team isnt that skilled at spotting 'poor' customers, or its their general policy to be a bit more leniant, im not sure. But there's a very large community on twitter who are constantly pointlessly giving out about bookies restrictions. One thing that is generally agreed upon is that Hills are the best of a bad lot out of the mainstreams. The companies known as the worst are Skybet, Boyles and Stan James. Skybet likely due to good risk and an aversion to racing, Boyles because they have fcuk all online customers so spot everything, and Stan James hatred of anyone despositing via Skrill etc

    OP, no offense but nothing you've said there in your gambling will get you close to a restriction. If someone has to asks what'll get them done, then theyre not likely to be the type that'll get closed down. Keep studying away and being price sensitive and the day will come sooner or later though


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  • Registered Users Posts: 352 ✭✭ paulo6891


    Geniass wrote: »
    Separately, from what I've seen the WilliamHill Cashin value never seems to be enticing.

    The people who cash in are not the people who are usually associated with price competitiveness.


  • Closed Accounts Posts: 877 Magnate


    Geniass wrote: »
    Apart from a few low value bets against the favourite, I've not lost when carrying out a certain "strategy" betting with the favs. I started in Soccer, but have gravitated towards live Tennis betting WITH the favourite, especially after a certain point.

    Oh I used to use this strategy with soccer. I was up overall by the end of it, not sure why I stopped. I might start again with tennis this time. May I ask what margin the favourite is winning by that you go for? Or what odds they are at the time you bet?


  • Registered Users Posts: 686 ✭✭✭ stylie


    Betfair is not mentioned, do they ever close accounts ?


  • Registered Users Posts: 1,135 ✭✭✭ Gregk961


    stylie wrote: »
    Betfair is not mentioned, do they ever close accounts ?

    Betfair Sportsbook restrict accounts like any othet bookie. Betfair exchange obviously don't.

    As for the original post I can't see any reason your account would be restricted or closed its not the sort or thing that would send any alarms ringing


  • Registered Users Posts: 4,817 ✭✭✭ Bateman


    Hulk Hands wrote: »
    The companies known as the worst are Skybet, Boyles and Stan James.

    Would agree with that


  • Registered Users Posts: 4,487 ✭✭✭ The Golden Miller


    If you were taking out 100-150 every single week from any sportsbooks, and never putting any in (apart from the original deposit), would they ever restrict you over time? It's about 4,800 or more a year, or is it still too small on a weekly basis for them to care over time?

    Similarly, 30-50 a week, or is that too small for anyone to bat an eyelid?


  • Registered Users Posts: 686 ✭✭✭ stylie


    I use betvictor and betfair, 4 figures between both. I have not put money in in over 18mths but I havent taken money out either, I dont have to worry about them closing it do I ?


  • Registered Users Posts: 6,002 ✭✭✭ Hulk Hands


    Guys, next time you're putting on bets, keep in mind what odds you took. Then go back just before the off of the event, and look at the odds at that point. If your original odds are bigger, you're beating SP, and thus will likely be a bad customer for the bookies. Being in profit doesnt help your case if they look to restrict you, but if youre in profit through backing premier league accumulators and board prices at big race meetings or going race to race etc, they wont bat an eyelid. Backing early prices at Dundalk that go off half the price, or bad e/w golf bets, or inplay robs will get you restricted.

    Basically bookies dont like taking bets that in the long run will lose them money. That could be anything, special offers or enhanced prices or just stuff thats been priced badly. Usually if you arent expecting an account to be closed soon, you arent likely to have one closed soon if that makes sense. The type of people that get restricted, know exactly what type of bets will get them restricted. It gets to the stage where you have to weigh up the benefits of backing something with the risk of potentially having your a/c closed over it.


  • Closed Accounts Posts: 9,586 ✭✭✭ Rory Unsightly Temptation


    stylie wrote: »
    I use betvictor and betfair, 4 figures between both. I have not put money in in over 18mths but I havent taken money out either, I dont have to worry about them closing it do I ?

    You may want to keep a check on that, many books have a 'doormat account policy' whereby they can close an account that hasn't been touched for longer than 12 months, check their t&c's / yo self.

    Imagine they'd have to give some fair warning/emails before such action, but read all the small print anyhow...


  • Registered Users Posts: 105 ✭✭ allsam18


    pinnaclesports, spobet, bookmaker.eu


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