Are you a lifetime winner? Proof included

Mr. Manager · 04-12-2012 11:51am #1

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".

mitosis · 04-12-2012 11:55am

Lodged v withdrawn would be a better metre.

Mr. Manager · 04-12-2012 12:07pm

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

mitosis · 04-12-2012 12:09pm

That's way more impressive! Kudos!

clickerquicklic · 05-12-2012 1:34pm

Not many winners at bookmakers have there accounts still open

Mr. Manager · 05-12-2012 1:47pm

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

Manzoor14 · 05-12-2012 1:50pm

Cereal Rapist wrote: »

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.

Mr. Manager · 05-12-2012 1:54pm

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

Open to correction though

clickerquicklic · 05-12-2012 2:22pm

http://gyazo.com/9152447dddd37b59953b7fb81720c1e9

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

ft9 · 05-12-2012 2:23pm

Victor Chandler closed mine

jobless · 05-12-2012 2:26pm

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

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

clickerquicklic · 05-12-2012 2:32pm

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.

Manzoor14 · 05-12-2012 3:05pm

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 support-eng@customerservices365.com, 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

Getoffmytrain · 05-12-2012 6:36pm

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.
>>

mickmackey1 · 05-12-2012 7:30pm

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.

ConorCBS · 05-12-2012 7:35pm

mickmackey1 wrote: »

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.

mickmackey1 · 05-12-2012 7:45pm

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.

ConorCBS · 05-12-2012 7:48pm

mickmackey1 wrote: »

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.

mickmackey1 · 05-12-2012 7:52pm

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.

ConorCBS · 05-12-2012 7:54pm

mickmackey1 wrote: »

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?

mickmackey1 · 05-12-2012 7:59pm

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:)

ConorCBS · 05-12-2012 8:02pm

mickmackey1 wrote: »

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.

clickerquicklic · 05-12-2012 8:15pm

http://www.independent.ie/sport/horse-racing/all-bets-off-for-winning-punters-1749265.html

Maybe you will believe it now .

mickmackey1 · 05-12-2012 8:20pm

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

Manzoor14 · 06-12-2012 10:36am

mickmackey1 wrote: »

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!)

mickmackey1 · 06-12-2012 1:12pm

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:

Manzoor14 · 06-12-2012 2:36pm

mickmackey1 wrote: »

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.

bohsman · 06-12-2012 2:41pm

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.

mickmackey1 · 06-12-2012 2:47pm

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.

Manzoor14 · 06-12-2012 4:08pm

mickmackey1 wrote: »

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

Getoffmytrain · 06-12-2012 5:14pm

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.

Are you a lifetime winner? Proof included

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