Many bettors are faced with such an unpleasant thing as account limitation. When a player’s account becomes limited, it means that the amount that he can wager is restricted (e.g., up to $5-10 or even to 0).
In our today’s article, we are going to help you gain a greater understanding of why bookmakers limit accounts, focusing on the main reasons for that.
Top reasons why bookmakers limit accounts
#1. Arbitrage betting
Arbitrage is a popular betting strategy, through which a bettor really able to beat a bookie and get a guaranteed profit.
Naturally, bookmakers don’t want to lose their income, and therefore they’re actively fighting with arbitragers by reducing their betting limits. So if you use this strategy, you’ll surely get limited sooner or later.
#2. Value betting
It appears to be a relatively effective betting strategy that allows beating a sportsbook in the long run.
It’s clear that bookmakers also keep track of value bettors and reduce their maximum bets. However, such players are usually more difficult to track than arbitragers, and therefore their accounts exist much longer without limitation.
#3. Constant winnings
Even if you don’t use one of the aforementioned betting strategies, but you’re just lucky and often win, you’ll surely end up getting on the bookmaker’s radar.
This is due to the fact that bookmakers don’t want to lose their profits. Many sportsbooks have always struggled with all successful bettors by lowering wager limits and continue to do so to this day.
#4. Multiple betting accounts
Multi-accounting is the creation of two or more accounts in one bookmaker. There can be many reasons for re-creating an account, and one of them is the aforementioned limitation of the account.
Multiple accounts seem to be a good solution if the player has already got reduced limits, but intends to continue playing in a particular bookmaker. However, it’s also important to understand that most bookmakers are extremely negative about multi-accounting. In some bookmakers, the prohibition of its use is spelled out in the rules.
If the bookie suspects a bettor in duplicate account, the maximum wager limits will be reduced immediately.
#5. Territorial belonging
This is a less common reason for lowering maximum bets, but it is also an existing one. For instance, some bookmakers deliberately limit players’ accounts from the CIS countries
They often motivate such a negative attitude by the fact that there are a lot of arbers in the post-Soviet countries (players who use arbitrage betting strategy).
In view of the foregoing, it may be concluded that the main reason for limiting the account is the bookmakers’ unwillingness to lose their profit.
We should also note that not all bookmakers practice lowering the maximum limits to wager. For example, Asian bookmakers Pinnacle and Sbobet are loyal to arbers/value bettors, and they don’t limit accounts based on the player’s territorial affiliation.