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28 Sep 13
02:17
Joined:
Date Joined:
19 Oct 05
had accounts closed or limited to buttons by every online bookie ive ever bet with.
im not an arber. most of the accounts ive either lost money on, or made a small amount.
i dont even care about making a profit online, i can do that in the shops or on here. i usually just put bets on online that i cant be arsed to do in the shops.
if they said to me look you can keep your account and have decent sized bets on, as long as you never withdraw profit. ie you never withdraw more than you deposit. and you have to pay an admin charge of say £100 a month to cover our costs, id be fine with that. perfectly fine. but no. they just cut you off, without any warning explanation or anything.
how can that possibly be a good way to do business? they need people to place bets to balance the book ffs. i just dont get it at all.
im not an arber. most of the accounts ive either lost money on, or made a small amount.
i dont even care about making a profit online, i can do that in the shops or on here. i usually just put bets on online that i cant be arsed to do in the shops.
if they said to me look you can keep your account and have decent sized bets on, as long as you never withdraw profit. ie you never withdraw more than you deposit. and you have to pay an admin charge of say £100 a month to cover our costs, id be fine with that. perfectly fine. but no. they just cut you off, without any warning explanation or anything.
how can that possibly be a good way to do business? they need people to place bets to balance the book ffs. i just dont get it at all.
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if im up 2k and you dont like it, tell me. say look this is off the record but if you withdraw that 2k were closing your account. id say oh yeah ok i see your point. i'll bet it til i lose it, laying the bets off elsewhere yeah? everyones a winner.
but they dont. they just get some wally to push the "close account" button. they never make anything off my losing bets ever again. they never get my money to balance their books. they cut off a valuable outlet for me. everybody loses.
but they dont. they just get some wally to push the "close account" button. they never make anything off my losing bets ever again. they never get my money to balance their books. they cut off a valuable outlet for me. everybody loses.
it certainly is possible in an individual case. its perfectly possible for me to lose money with one bookie, but it still be a valuable outlet for me. bookies i lose money with are just as valuable to me as ones i make money with. if i lose money to that bookie, but its still worth my while, im a winner and theyre a winner cos they make money out of me. everybody wins.
the flip side being they close my account, so dont make anything out of me and i lose out cos ive lost a valuable outlet to place bets. everybody loses out. well both me and the bookie. which ion this case is everybody. what other punters do or dont do has no relevance to my account.
the flip side being they close my account, so dont make anything out of me and i lose out cos ive lost a valuable outlet to place bets. everybody loses out. well both me and the bookie. which ion this case is everybody. what other punters do or dont do has no relevance to my account.
side, it doesn't matter how you word it, if you win, the
bookmakers(layers) collectively lose, and vice versa. It's
not possible for you AND the bookmakers to win, and why
do they close your account? They don't like your business.
bookmakers(layers) collectively lose, and vice versa. It's
not possible for you AND the bookmakers to win, and why
do they close your account? They don't like your business.
That makes perfect sense Bob. Like you say there's no reasoning. I rarely withdraw money cos I don't win that much, or lose much for that matter. Eventually it'll just run out and I'll deposit some more.
So, if they closed my account it'd be a lose/lose situation for everybody.
So, if they closed my account it'd be a lose/lose situation for everybody.
if you accidentally get to 10k+ will you still uphold your agreement?
It suggests that they lack the imagination to distinguish between more than 2 different types of customer. Also, that it's an "us and them" situation. I think in this type of business relationship, traditional firms are far too keen to see at as an adversarial relationship, which has been great news for Betfair and the handful of more progressive (intelligent) firms.
the thing about deliberately trying to lose is youre constantly scared to do it, in case you win. every bookie you know youre a few wins away from being limited to 50p bets. if it was a 2-way street, you and the bookies had a friendly working relationship, i would find it pretty easy to make sure i never made a profit with that bookie. obviously with one off bets, theres a good chance you "win" by accident. but over time that wouldnt hold up if you knew what you were doing. if over time you can pick winners, you can pick losers.
the hardest bit is finding stuff to deliberately lose on where the bet and lay price is so close that you dont really lose anything, but its not an actual arb either. cos that shuts you down too. even if you lose.
the hardest bit is finding stuff to deliberately lose on where the bet and lay price is so close that you dont really lose anything, but its not an actual arb either. cos that shuts you down too. even if you lose.
Bookies should like arbers if you regularly lose with the bookie.
Arbers will win in the long run, trouble
is they are not allowed a long run.
is they are not allowed a long run.
ken I bet you were inflexible, well I told you not to give up your pilates class
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