Wager Mage
Wager Mage
Photo: Ylanite Koppens
A bookie can decide to ban or limit the activity of a player who has won more money to put it simply. This isn't surprising as bookies are part of companies working to make a profit, so it isn't really all that weird when a bookie decides to ban a player who has won a lot of money.
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Read More »A bookie can decide to ban or limit the activity of a player who has won more money to put it simply. This isn’t surprising as bookies are part of companies working to make a profit, so it isn’t really all that weird when a bookie decides to ban a player who has won a lot of money. The main goal of a bookie is to generate profit, and they will take all steps necessary to increase their profits and decrease their losses. Legally bookies are not obliged to take bets from players unless they want to do so. They are privately operated entities that have the freedom to run their business how they see fit. Let’s go into the details of how you can get banned, why, and how to possibly avoid this unfortunate situation in your gambling endeavor. Before you start using bonuses, make sure to make use of a bonus code Coral your gambling experience.
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Read More »Or you are using a strategy that is exploiting some sort of a weakness in the system All bookies and bookmakers incorporate a very complex algorithm which is good at catching anomalies in the system, and someone winning too much is indeed an anomaly. You can get banned or get your account restricted when you are winning too much in the following scenarios: Matched betting – This is an instance in which you only place bets when there is a bonus of any sort tied to that bet. You don’t even have to win to get banned for placing bets using only bonuses. Even if the system doesn’t ban you, all bonus offers can be stripped away from your account. Arbitrage betting – Punters who try to take advantage of the system can get a maximum stake limitation for arbitrage betting. Arbitrage betting means finding overpriced markets and leveraging the best to your advantage. You don’t get instantly banned, but your account will start facing limitations such as stake limit. Smart bettors follow strategies to win more bets. But if the system flags you for following repetitive patterns and winning more and more bets, the chances of getting banned for good are very high. After all, all the bookies want to do is protect their profit. Football is extremely popular, so most punters make their profits betting on this popular sport. And most bookies pay the most attention to football betting. Overall, the most banned betting strategy statistically is arbitrage betting. This is the reason that this strategy employs the exploitation of prices and it’s easy to flag an account doing this. If you follow transfers from and to teams, you can be more informed on the potential performance of each team and make bets accordingly.
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