Can sportsbooks ban players? - Why bookies cancel accounts
It would be great if sportsbooks were fair at all times and let punters multiply their earnings without restrictions, but we don't live in an ideal world and banned accounts are becoming more common. From constant winnings to detected betting systems or varied irregularities, bookies can limit and cancel accounts practically at will. See what situations can lead to this action and how to avoid it to continue winning without raising flags.
Some bookies welcome users who win constantly since they serve not only as an example for the rest of the players who suffer losses but also as adjusters of probabilities for the most popular events. However, the rule is that operators banned accounts for various circumstances, including "excessive" wins or outside the usual range. Bookmakers work on a "risk management" principle and punters that earn too much threaten that base. Therefore, it has become normal for them to try to limit activities, suspend accounts and even close the door of the house to users who go beyond recreational bets and break the profit balance in their favor.
Banned account for winning too much
While bookies ensure that there is no such thing, it is a real situation. If you win constantly and do it with large amounts, the first thing that will happen is that your account will be restricted in the amount you can bet. Also, you may see your deposit capacity limited and even your account may be temporarily suspended under "investigation." The operators point out that the majority of banned accounts are related to illegal actions such as betting on behalf of a third party or lending the name to users with bans, but not few players have raised their voices in the face of arbitrary restrictions in recent years.
Closed account due to arbitrage betting
Another circumstance that bookies consider to close accounts is betting systems or strategies to get victories regularly. In the case of arbitrage betting, the objective is to bet on all the possible results of an event through a mathematical formula that assures profits regardless of the outcome. The world's largest operators have advanced software to detect this type of activity and they can likely limit or cancel your account because of this. In this case, many users prefer to place "sure bets" or make "arbing" through several platforms or place a bet in a bookie and another one in a betting exchange to avoid these restrictions. As arbitrage betting gives small wins and is a method to win in the long term, perhaps you can get away with it if you do it carefully.
Learn more
Betting Sites That Accept PayPal
PayPal has in the past two decades taken the world by storm and is the most widely-known e-wallet. This is because of the affordability as well as the convenience that it offers and so it is highly unlikely not to expect the betting world will expect any different. Ease of deposit of funds to betting sites or even bookmakers is crucial for the marketing strategy of betting service providers because it reduces the headache of using prior mechanisms that were not only tedious but also time consuming which as a result cuts down on the interest in betting .It also eases the withdrawal process for betters and offers security to betting service providers due to the stringent eligibility guidelines that are highlighted by PayPal so as to have an account and this fact offers guaranteed proof of identity with a reduced probability for fraudsters scamming bookmakers.
In an effort to enforce and market the use of PayPal, some bookmakers offer some benefits to using PayPal to deposit such as getting bonuses in case of winnings or even getting a percentage of the stake back as a result of a particular outcome such as for example a match ending ina draw with no clear cut outright winner.
For a number of years PayPal did not allow its use as a fund deposit mechanism for online betting sites but that stance has softened over the years but they are very strictly only doing business European Betting Firms. This is due to the mushrooming of betting sites across the globe with some beaming with fraudsters and an alliance with them would most likely tarnish the brand and image of PayPal.
Here are some of the countries that PayPal allows betters to use its services
- Spain
- Finland
- UK
- Belgium
- Italy
- Sweden
- Portugal
- France
- Austraia
- Ireland
- LadBrokers
- Bet Way
- Betfair
- William Hill
- Pinnacle
- Draftkings Sportbook
- Betstars
Every coin has a flipside and since there are a number of nations that allow for the use of PayPal but there are still some that don’t and this causes the bookmakers in such regions to look for alternative means. This implies that even if a betting site works with PayPal say 888 Sport in the US ,it does mean that 888 Sport in Zimbabwe will offer it as a money exchange service. This is because PayPal is not allowed in that country and therefore as long as the betting site operates in that country it cannot use it as a deposit mechanism. Here are some of the countries that do not allow PayPal; Iran, Belarus, North Korea, Iraq, Burma, Syria. You can find more information here.
Read more
