I've had a few nice returns lately, where I've laid bets on betfair & backed the same selection at much bigger prices with the bookies before they've had a chance to reduce their prices.
However, over the last week, I've noticed Sportingbet and WHills have been offering me ridiculously low amounts on the selections I'm hoping to back
How soon do bookies start messing unprofitable customers about, or is it just a coincidence?
I'm not talking fortunes, just a couple of grand
Fixed odds bookmakers
William Hill, I lasted 10 days. Sportingbet much less. Bet365 a bit under 3 days.
They will slowly reduce your allowed liability until there is no possible reason to bet with them. But because they still allow you to bet, they suggest to you that there is no restrictions placed, as you can still bet.
Definately worth doing, but wouldn't count on it lasting longer than a few days. Best to hit them hard to their maximum liability which was around 7500 max I saw and then cash out. Need a fair bank though to do that without needing to withdraw, as the first withdraw is typically the end, if they don't get you before.
They will slowly reduce your allowed liability until there is no possible reason to bet with them. But because they still allow you to bet, they suggest to you that there is no restrictions placed, as you can still bet.
Definately worth doing, but wouldn't count on it lasting longer than a few days. Best to hit them hard to their maximum liability which was around 7500 max I saw and then cash out. Need a fair bank though to do that without needing to withdraw, as the first withdraw is typically the end, if they don't get you before.
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Point2Point
- Posts: 81
- Joined: Fri Apr 24, 2009 6:59 am
I also ended up having major problems similar to this. This matched bet stuff sounds great but you quickly burn through the bookmakers and soon run out of friends and family to make it work. Cash on the counter is a good way of getting over this but you can't do much of that without getting noticed.
I contacted Hills through their online help section today & they confirmed the trading department had taken a decision to restrict my sports betting. After telling them what I thought of their company, they kindly informed me that they were closing my account 
You're right guys, taking advantage of trading opportunities with bookies doesn't last long
You're right guys, taking advantage of trading opportunities with bookies doesn't last long