Why Bookmakers Close or Limit Accounts
From time to time, bookmakers will decide to limit a customer's account. When an account becomes limited, it means that the amount that they can wager is restricted. Often, bookmakers will limit accounts that are winning too much or are suspected of doing something else that is against the rules. The goal of bookmakers limiting an account is to help protect themselves. It's worth noting that in some circumstances, a bookmaker may close an account entirely if they feel that the gambler is too much of an issue.
If it's ever happened to you, you know how frustrating it is. After getting yourself settled into a sportsbook, you then all of a sudden find your account limited or closed. It's no fun, and it's a complete pain.
Dealing with a limited or closed betting account is something that you should understand even if it has never happened to you before. In this article, we're going to help you gain a greater understanding of why bookmakers limit accounts. Ultimately, our goal is to help you understand why accounts are limited and how you can hopefully avoid it happening to you.
Top Reasons Why Bookmakers Limit Accounts
We've collected detailed information about the top reasons that bookmakers might limit a betting account. After reading this section, you'll have a better idea about what bookmakers take into consideration when it comes to limiting accounts. Make sure to keep this information in mind as you execute your sports betting moving forward.
You Win Too Much
If you end up winning too much, there is a high likelihood that your betting account will be limited or even potentially closed. While this might not be obvious to you, this is, in fact, the most popular reason why betting accounts are limited or closed by a sportsbook. It's obviously great if you're winning too much as that means that you're making money. However, it's not great if that ends up limiting or closing your betting account.
At the end of the day, sportsbooks are in the business to make a profit. Sportsbooks don't mind clients that win here and there. However, if you end up winning more often than not, that means the sportsbook is losing money on you, and they don't like that. While it might not seem fair that they can limit or close your account because you win too much, it is within their rights to do this.
Bonus and Promotion Abuse
Another reason why sportsbooks will limit some accounts is if the client has abused their bonuses and promotions. While it is very common for online sportsbooks to offer tons of promotions and bonuses, they also don't want you to abuse them. Sportsbooks are offering these promotions as a way to help bring in new customers while also keeping current customers happy.
From an abuse standpoint, sportsbooks will pay attention to how often you are betting on promotional offers.
By only taking advantage of bonus and promotional wagers, the odds are that your account is most likely not a profitable one for the sportsbook. If you are not betting on things occasionally that are not tied to a bonus offer, your account might be at risk of being limited or closed.
Sportsbooks are not fans of arbitrage. If you're not sure what arbitrage is, allow us to get you up to speed. Arbitrage (also known as arbing) is when you place wagers on both outcomes of an event when there is a large gap between the odds at two different sportsbooks. If you're able to identify a large enough gap in the odds difference, it is possible for you to make money regardless of the outcome of the sporting event.
Since the goal of arbing is always to make a profit, that means that sportsbooks tend to lose more often than not. Therefore, sportsbooks will seek to identify accounts that are potentially using arbitrage and limit or close them to help limit their exposure to loss. One of the red flags for sportsbooks are accounts that nearly always bet non-round wager amounts.
Potential More Than One Account
One of the things that sportsbooks hate the most is people that open two different accounts. Often, people will try this in an attempt to abuse bonus and promotional offers. For example, a guy with his own account might also open an account under his wife's name so that he can double up on the initial welcome deposit bonus match. Unfortunately, this isn't cool in the eyes of online sportsbooks, and they will usually close accounts quickly once the duplicate account is discovered.
Over the years, online sportsbooks have developed lots of tools to help them identify potential duplicate accounts. We know that they use IP address tracking on a basic level, but it gets much more advanced than that. Many of their methods and tools to identify duplicate accounts are trade secrets. A sportsbook will close a known duplicate account, but they might also end up limiting or closing an account if they have their suspicions that it may be a duplicate account.
You Bet Weird Amounts
Something that will get your account quickly flagged is if you end up betting weird amounts. By weird amounts, we're referring to non-round wagers.
Arbitragers, otherwise known as arbers, are usually professional gamblers. They've used their systems and methods to make calculated bets down to the penny. Therefore, arbers end up placing frequent wagers at weird amounts. Since sportsbooks are not fans of arbers, as they tend to cost them money in the long haul, you'll want to do your best to avoid betting like one to keep your account from being limited or closed.
Ignoring Bonuses and Promotional Offers
Another item that could have your account flagged as a potential professional gambler is if you completely ignore bonuses and promotional offers from a sportsbook. Let's be honest, everyone likes free money! However, many professional gamblers won't waste their time dealing with bonus offers. For them, they tend to come in knowing their exact game plan for bets, and they won't monkey around with the promotional offers.
Even if not intentional, your lack of use when it comes to a site's promotions might get your account limited or closed. By using at least an offer or two on your account, you should most likely be in good shape to not look like a professional gambler.
In their search to identify potential professional gamblers, bookmakers will also keep an eye on user behavior. One of the things that they look for is how long you hang around on the site when you visit. If you're a typical recreational sports bettor, you'll hang around on the site and poke around into many different things as you search for potential wagers. In some cases, you might also stick around to watch live matches through the bookmaker's website.
However, professional gamblers act very differently than recreational ones. For a professional, they'll simply log in to the site, place the wager, and then head off to another sportsbook's website to place more wagers. You won't find professionals hanging around just simply to check things out.
Is It Legal?
In short, it is not illegal for a sportsbook to limit your account, close your account or not accept your wager. Even though a sportsbook might advertise a bet with specified odds, they are under no obligation to accept your wager. Said differently, you can't force someone to take a bet.
While this might be a tough pill to swallow, it is the truth. We'd suggest that you read our section below relating to tips for avoiding having your account limited. There, you'll find lots of helpful guidance on how you can try to limit your chances of having your account limited since the sportsbooks are within their legal right to do it if they see fit.
Is It Ethical?
Now that you know that it is not illegal for a sportsbook to close your account, limit your account or not accept your wager, you might be wondering to yourself if it is ethical on their part. It is important to remember that sportsbooks are in the business of making money. To protect their profitability, they will take actions from time to time that might seem unethical or unfair to the end users. Ultimately, sportsbooks are free to accept or deny wagers from any client based on their own determinations.
Tips to Avoid Having Your Account Limited
In this section, we wanted to provide you with our top tips on how you can avoid having your betting account limited or closed. While none of these are fail-safe methods; these are all great to keep in mind as you place your sports wagers. Using this information, you'll be able to better protect yourself from dealing with a limited or closed betting account.
One of the biggest tips that we have for you to help keep your betting account from being limited is to bet in round numbers whenever possible. By round numbers, we mean that you'll want to place a wager of $55.00 rounded to the dollar. What you want to avoid doing is placing a wager of $55.47. If you're not using round number wagers, you're likely to be flagged as a potential arbitrager.
Sportsbooks, in general, are not huge fans of professional sports bettors. In general, professional gamblers tend to take out more money than they put in. That means that the sportsbooks are typically losing on professional gamblers. It is due to this likelihood of losing that sportsbooks don't like professional sports bettors.
Assuming you're not a professional sports bettor, you'll want to make sure to do your part to not look like one. To accomplish this, one of the things that you'll want to do is ease your way into betting when you're new to a sportsbook. What you'll want to avoid is coming in with a massive deposit and then begin making massive wagers using more complicated bet types.
Our suggestion would be for you to begin with a modest deposit and then begin to start with some smaller and simpler wagers. The good thing is that this allows you to get a feel for betting on the sportsbook platform while also keeping your account from being flagged as a potential professional gambler.
Every time that you deposit and withdraw funds from your betting account, it costs the sportsbook a fee through their bank or payment processor. While it is ok to make deposits and withdrawals as needed, your goal should be to make sure that it doesn't become too frequent. Sportsbooks will be less likely to limit your account if you do not cost them an arm and a leg in fees.
Many sportsbook bettors like to withdraw their earnings after every time they win a bet. Some do this just because they like the thrill of getting the cash into their own account. However, others do this because they are worried about the temptation of keeping too much cash in their account. These individuals are worried that they might spend it if it is there.
Our suggestion is for you to limit how much you have to deposit and withdraw from your sportsbook account. By no means do you have to aim for something wild like once a quarter, but you should make sure that you're also not doing it once a day. In short, the less frequently that you deposit and withdraw from your account, the less likely it is that you'll find your account limited or closed.
As we mentioned earlier, you'll want to make sure that you use the bonuses and promotions wisely. Specifically, you need to make sure that you use some of them, but also be sure not to abuse them. There is a fine line between none and too much when it comes to bonuses and promotions.
On the one hand, you'll want to make sure that you take advantage of some of the bonuses and promotions that are offered. First, these are often great ways to pad your account with some extra cash. We're assuming that you, like us, also like free money! Secondly, if you don't use any of the bonuses and promotions, your account might be flagged as a potential professional gambler. In many cases, professional gamblers come in with a game plan and use bonuses and promotions infrequently. Therefore, make sure that you at least utilize some of the promotional offers available to you.
On the flip side of the coin, you need to make sure that you don't abuse the bonuses and promotions. While these promotional offers are a great way to earn cash, you'll want to make sure that you're doing more than just betting on promotional offers. While sportsbooks are happy to offer these bonuses and promotions to attract new clients and retain current ones, they also still want to turn a profit. If you're only ever betting on promotional offers, the sportsbook is less likely to profit and therefore they are more likely to limit or close your betting account.
If you are working on some system such as arbitrage to help you win more often than not, you might want to consider placing mug bets from time to time. A mug bet is used to help your account look more like that of a recreational bettor. By placing mug bets, you're less likely to have your account flagged a potential problem account. As we've discussed before, sportsbooks are not a fan of arbers so you'll need to disguise yourself a bit if you are one yourself.
When it comes to mug bets, you'll want to place bets just like the common bettor does. Consider placing wagers on in-play action, and don't always select the best odds. Also, be sure that your mug bets are not tied to any form of bonus offer. Essentially, just bet for the sake of betting. Meanwhile, you can continue to run your systems in an attempt to win more often than not.
If you're worried about having your account limited, one great tip is for you to try using a betting exchange. On a betting exchange site, you'll end up betting other fellow bettors without the use of an actual sportsbook. Thanks to the lack of an actual sportsbook, you don't have to worry about your account being limited.
If you're unfamiliar with betting exchanges, they are a great alternative to your traditional sportsbook. You'll be able to place your wagers with fellow sports betting enthusiasts. In exchange, you'll only pay a small commission to the betting exchange. If you've never tried, be sure to give it a spin and see what it's all about for yourself!
One of our favorite tips for helping you to limit the chances of your account being limited or closed is for you to keep track of your profit or loss from any particular sportsbook. Essentially, you should keep track every time that you make a wager and every time that you win a bet. This is super easy to do with some very basic math.
Keeping track of your results is great for two reasons. First, it helps you manage your betting bankroll. By keeping a closer eye on your profitability, you can better gauge if you should dial things back or up. When it comes to trying to avoid having your account limited, tracking your results can help you know if you've gone on a good recent run with a particular sportsbook. If you can identify that, you might then consider taking a break from that sportsbook for a bit and instead focus your efforts on another one. Keep in mind that winning too often will more than likely lead to your account being limited or closed.
As we mentioned earlier, sportsbooks will not deal with people that create duplicate accounts in an attempt to abuse bonuses and promotional offers. Therefore, it would be smart for you not to attempt to open a duplicate account under your spouse or anyone else. While you might think that you can outsmart the online sportsbooks, we promise you that they're already one step ahead of you.
Unfortunately, people are constantly trying to game the system and abuse the bonus offers through the opening of multiple accounts. Over time, online sportsbooks have developed lots of technology and methods to help them identify potential duplicate accounts. In some cases, people caught operating duplicate accounts had to forfeit their entire account balances per the terms and conditions of the online sportsbooks. Simply don't open duplicate accounts and you won't have to worry about your account being limited or closed.