Wager Mage
Photo: Athena
Yes, some sportsbooks do ban or severely limit sharp bettors for winning. For years, there has been chatter across the gambling community about certain books which actually refuse to take action from sharp players. As sports betting continues to go mainstream, discussion on the topic has only increased.
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Football futures bets Super Bowl winner. Conference and division winners. Teams to make or miss playoffs. Team regular-season win totals. Player...
Read More »As the sports betting industry continues to grow, so to do the dreams of new gamblers. While many are content to earn some extra spending cash or to simply enjoy the games which they have action on, there are also plenty of dreamers out there who fall into another group. For those who aspire to make a proverbial killing at the sportsbooks, the dream is to essentially become what is known as a sharp sports bettor. Those who reach that level are the guys and gals who have achieved profitability over a sustained period of time by beating the lines consistently. At the top tier of sharp bettors are those who can actually move the lines based on their wagers and the amount of money they place. Naturally, it takes a ton of work to get to this level, not to mention a massive bankroll. While those two obstacles are tough enough to overcome themselves, sharp bettors can find difficulty staying at that level. We’re not just talking about staying on top of their game either. The other sticking point, even for highly skilled bettors, relates to a simple question: “do sportsbooks ban winners?”
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Read More »As with all disputes, there are always two sides to the story. The middle ground may not be the absolute truth, while both sides may have valid points that help to paint a complete picture. We can’t say for certain who is right or who is wrong in this situation, but we can all take a step back and appreciate both perspectives before making a call on which way the wind blows.
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Read More »This is a tricky issue that will gain more attention as the sports betting industry continues to grow. For now, the discussion mainly centers on the claims from some sharp bettors which have been made against certain bookmakers. But what happens if the issue becomes even more widespread and some of the doom and gloom scenarios come to pass? A group known as SportsFans.org has taken the time to put together a “bill of rights” for players. Among the five basic rights they seek are the right to integrity and transparency, and the right to recourse. There’s a petition available to signed for enactment of the rights, with the ultimate goal appearing to be becoming an advocacy group for sports bettors. It’s safe to assume that similar initiatives are in the works or will appear before too long as the industry continues to grow. While a bill of rights could certainly be beneficial for sports bettors, there are also steps they can take themselves. Users can always shop around to find the best fit for their sports betting needs. If you’re unhappy with the service you are receiving or come across some other issue, there are plenty of other books out there that will be happy to take a crack at earning your business. Along those lines, stay in tune with the industry and developments. If something either doesn’t sound right or seems too good to be true, investigate it for yourself. Staying informed is often the best defense when it comes to making the best possible decisions. Side note: If you have any interest in improving or even just being a frequent casual bettor, you should strongly consider buying The Logic of Sports Betting by Ed Miller and Matthew Davidow. The book is fairly new (published May 2019) and addresses the concepts discussed above in great detail. The book will almost certainly pay for itself many times over even if you don’t end up taking sports betting super seriously. If there are sportsbooks out there that legitimately discourage or ban winning players, that will become common knowledge before too long. As always, customers will have the right to respond by taking their business elsewhere. If enough folks do just that, we would imagine perspectives may change on the value of sharp betting action.
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