Will Bookmakers Suspend/Restrict My Account if I Profit in the Long Term?

Findingnemo

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Quote from: stomachgrowls on December 11, 2020, 01:53:31 PM

snip~~~~
He didnt talk about winning constantly or in that near 100% area because in the world of gambling then its really impossible.As he mentioned about profit in long term

which means it will really be including those loses but you do consider on profiting since you are on gains which matter the most.If you re making profit then it wont really be a problem
and this is why we should really be sticking out those reputable bookies or online casinos for you to be that confident that you would really be paid out.

As long you arent doing something illegal or abuse or cheating then i dont see a point for them to restrict or suspend your account because if they do without having some
solid explanation then that would really be on that shady side.

But we cant really deny the fact that this would really be raising up some suspicion.

Without any violation of their terms and service, we are not going to be restricted especially in online gambling sites.In physical casinos these things still exists but not with few thousands it may happens only if some one is winning in millions more often then he is going to be banned from casinos without proper reasons. I believe OP did something wrong, even connecting VPN while betting can become root cause for issues like this.

stomachgrowls

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Quote from: Findingnemo on December 11, 2020, 11:12:07 AM

Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

If you are not violating any of their terms and conditions then you are not going to to be restricted or banned by sport betting sites even if you are keep winning in long time but practically it is impossible to keep winning in the long time that is why there will be some kind of suspicion will arise if you keep doing it.

So make sure you read all their tos and play accordingly.

He didnt talk about winning constantly or in that near 100% area because in the world of gambling then its really impossible.As he mentioned about profit in long term

which means it will really be including those loses but you do consider on profiting since you are on gains which matter the most.If you re making profit then it wont really be a problem
and this is why we should really be sticking out those reputable bookies or online casinos for you to be that confident that you would really be paid out.

As long you arent doing something illegal or abuse or cheating then i dont see a point for them to restrict or suspend your account because if they do without having some
solid explanation then that would really be on that shady side.

But we cant really deny the fact that this would really be raising up some suspicion.

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Quote from: kkaroul4 on December 11, 2020, 09:53:23 AM

I totally agree with you I think they will not do something that would ruin their reputation if they would lock out or freeze down your account there's a problem with it and you might go KYC process but me too so far I haven't encountered it maybe just for some users who win big amount?

It's mostly happens on users that have a good profit record and at the same time betting big amounts. Even if it's a reputable site they won't hesitate to put a limit on your account once they notice you're winning too much.

Quote from: peter0425 on December 11, 2020, 09:09:55 AM

You will be kicked and better lucky on that because if you Hit a Higher jackpot the chance of being Blocked and scammed is there.
specially if you are playing in casinos with a little reputation and not License .

Casino design to earn and not to lose,so expect changes in TOS will be implemented once this happen.

It's not the same with casinos because they have a house edge which affects their gamblers chances of winning unlike bookmakers that couldn't alter the probability and only takes a percentage from the bets they take.

Findingnemo

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

If you are not violating any of their terms and conditions then you are not going to to be restricted or banned by sport betting sites even if you are keep winning in long time but practically it is impossible to keep winning in the long time that is why there will be some kind of suspicion will arise if you keep doing it.

So make sure you read all their tos and play accordingly.

VanityWallets2015

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Quote from: Silberman on December 11, 2020, 09:58:36 AM

Quote from: Yudhisthir on December 07, 2020, 06:25:39 AM

None of the legit bookie, gambling site would restrict your account for winning. Misusing bonuses and offers are another topic and they would ban you for that. Anything that goes against their terms could lead to suspension of your account. Some of the casinos even let you play with a VPN and suspend you if you try to withdraw. And as you are not abiding by term, you can't win against them. If you are abiding by terms, no legit bookie can restrict you and your wins.

This is inaccurate, gambling websites if they see that you are constantly beating them over the long term and they see signals of professional play will limit your account, basically if the limits for a normal player in a single bet are 100mBTC you will find out that you can only bet a fraction of that, basically the casino will not close down your account but it will limit it so you decide to stop playing there out of your own volition or even if you keep playing you cannot get too much money out of them.

Well said, I agree with you. As abiding to T&C is crucial, I also believe in the possibility that they act it when feel threatened.
And in effect, they will limit your freedom to play. But so far, I haven’t encountered such scenario or complaint about some bookies.
Although I won’t be too confident that there isn’t one event like this that had happened already.

Silberman

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Quote from: Yudhisthir on December 07, 2020, 06:25:39 AM

None of the legit bookie, gambling site would restrict your account for winning. Misusing bonuses and offers are another topic and they would ban you for that. Anything that goes against their terms could lead to suspension of your account. Some of the casinos even let you play with a VPN and suspend you if you try to withdraw. And as you are not abiding by term, you can't win against them. If you are abiding by terms, no legit bookie can restrict you and your wins.

This is inaccurate, gambling websites if they see that you are constantly beating them over the long term and they see signals of professional play will limit your account, basically if the limits for a normal player in a single bet are 100mBTC you will find out that you can only bet a fraction of that, basically the casino will not close down your account but it will limit it so you decide to stop playing there out of your own volition or even if you keep playing you cannot get too much money out of them.

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Quote from: Inkdatar on December 11, 2020, 09:25:53 AM

As long your ways to earn profit is legal they will not make a move such an action to bookmakers or suspend your account. As what others been saying there are many casinos out there having a smooth perfomances and with good reputation. If they are into this to freeze your account they will undergo for investigation and of course it make worse their company. I never experience like this to win big so lucky you earn profit in the long run.

I totally agree with you I think they will not do something that would ruin their reputation if they would lock out or freeze down your account there's a problem with it and you might go KYC process but me too so far I haven't encountered it maybe just for some users who win big amount?

hahay

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The only thing there is is a limit on the maximum bet profit and or something like that. After all, have you had such a big win that you didn't get paid or something like that? Because as far as I know a lot of users here are gambling large amounts of money and they still seem to be doing well. That way, if you are profitable in the long run I don't think it will matter because how can the gambling platforms suspend your account just because you continue to make profits, it's not just you who are gambling because there are many other bettors who are gambling on the same platform, they are definitely will experience win and lose.

Inkdatar

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As long your ways to earn profit is legal they will not make a move such an action to bookmakers or suspend your account. As what others been saying there are many casinos out there having a smooth perfomances and with good reputation. If they are into this to freeze your account they will undergo for investigation and of course it make worse their company. I never experience like this to win big so lucky you earn profit in the long run.

peter0425

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You will be kicked and better lucky on that because if you Hit a Higher jackpot the chance of being Blocked and scammed is there.
specially if you are playing in casinos with a little reputation and not License .

Casino design to earn and not to lose,so expect changes in TOS will be implemented once this happen.

But also this were all speculations as the chances of Profiting too much in gambling is Impossible in many ways.

BuNga_cute

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I have never made a profit in the long run or even I have never experienced large wins. So I don't know if the bookmakers will do
anything to my account, but in my opinion bookmakers will not suspend our account without good reason. So as long as we are
honest and don't cheating, there is no need to be afraid that our account will be suspended. If it is true that there are bookmakers
who dare to do this, it will only damage their own reputation.

coin-investor

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Have you experienced that before? or you know someone who experienced getting their account suspended because they are profiting too much, if you don't have one then your fear has no basis and you are afraid of something that is not existing, as long as you are following the rules and you are not cheating your account will be ok, if you have been restricted without good reason then you can file a scam report here.

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Quote from: Mauser on December 11, 2020, 04:28:55 AM

Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

I made an account and profited from a good bet and instantly cashed out, did the same 3 times in a row. Always cashing out right after winning without any problems. In my opinion shouldn't have any problems either. It might depend on the sizes of your betting but overall I don't think there should be any issues.

The size of your bet matters, but let's say you'll win like 1 btc or more, I guess some gambling sites will already be triggered with the amount, and if they are really a site with bad reputation, they might not release your money and will accuse your of violating their TOS, that's usually their defense to flip the real story, so be careful with choosing a gambling site to gamble with, especially if you are betting with a decent amount.

Quote from: Mauser on December 11, 2020, 04:28:55 AM

Only if the bookmaker might think that you are cheating or abusing the system.

They should have an evidence, otherwise, their action is fraudulent.

Mauser

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

I made an account and profited from a good bet and instantly cashed out, did the same 3 times in a row. Always cashing out right after winning without any problems. In my opinion shouldn't have any problems either. It might depend on the sizes of your betting but overall I don't think there should be any issues. Only if the bookmaker might think that you are cheating or abusing the system.

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Quote from: Ucy on December 11, 2020, 04:09:56 AM

Quote from: krach on December 08, 2020, 08:36:13 AM

A lot of places will just kick you out.

To understand think about how they make money.

Most make money by doing risk management and not hedging all bets. This means that if you are annoying and profitable, or profitable in markets they have trouble hedging then they might just kick you.

BUT
There are plenty of places that wont, like decentral betting apps, fairlay, asianodds ect

I suspect if betting sites/centers structured their bets properly or allocate their prize money well, they won't have any reason to kick profitable bettors out. If they for example cap the minimum amount that can be won daily, profitable bettors will know the limits they can win and won't complain when they reach the limit

Its not about the Amount they will dispense but the questionable win,i believe that gambling sites has alarm when this kind of winning happens .

They will atleast auto paused or freeze your account to evaluate if there is no bridge in their system or they are being attacked.

Because unusual wins may have a reason behind that is what they think even how fair you are and just got lucky to make those wins.

But somehow other site will automatically kick you out or banned you if worst.

Ucy

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Quote from: krach on December 08, 2020, 08:36:13 AM

A lot of places will just kick you out.

To understand think about how they make money.

Most make money by doing risk management and not hedging all bets. This means that if you are annoying and profitable, or profitable in markets they have trouble hedging then they might just kick you.

BUT
There are plenty of places that wont, like decentral betting apps, fairlay, asianodds ect

I suspect if betting sites/centers structured their bets properly or allocate their prize money well, they won't have any reason to kick profitable bettors out. If they for example cap the minimum amount that can be won daily, profitable bettors will know the limits they can win and won't complain when they reach the limit

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Gambling platforms operate on the notion that in the long run they will have great profits on their bag. In the event that one particular user keeps on winning against the house, they can either use this user’s success as a promotion to invite more people in their platform or limit the account of the winning user in some ways ex. max bet limits and whatnot. They may use other information they see fit to justify their actions, sometimes editing their ToS for the sole purpose of justification the limits on these accounts. Whatever those may be, the end result is that the user will have no say what those changes on their account may be.

It sucks but it actually happens.

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Quote from: BTCGOLD on December 10, 2020, 04:37:08 PM

Of course they don't like it when you win too much money. I often hear that you are then imposed a limit. Wouldn't that be weird?
Suppose you were to win a lot of money, wouldn't the casino/bookmaker win your money back from you much faster if your bets remain high?

They would really be putting out some limit and no bookies or casinos house would really be happy to see some players who are raking that much of winnings.

They will investigate or possibly accuse you on things that you havent even done.They can always suspend nor prohibit you but of course you do know

that you arent doing anything which would really be worth to make out some complaints or accusations with that.Houses cant just take out nor able to ignore
those fellas that are making money.

BTCGOLD

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Of course they don't like it when you win too much money. I often hear that you are then imposed a limit. Wouldn't that be weird?
Suppose you were to win a lot of money, wouldn't the casino/bookmaker win your money back from you much faster if your bets remain high?

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

You wont really be having these kind of doubts if you are doing nothing even though there would be some verifications that might really be requested because it
would really turn on the alarm of the house if someone is really profiting that much.They would really be thinking about probabilities that there might be something
wrong into your betting activity on why you are winning that much.

This isn't limited to gambling service but also in other types too but if you do know that those all were legal and clean bets then theres
no much for you to worry about.

ice098

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Quote from: goinmerry on December 09, 2020, 03:11:11 PM

Quote from: Pamadar on December 09, 2020, 01:57:54 PM

After winning huge amount the house also will keep on eye with your account, doing random check from time to time looking
for any suspicious movements, they have this authority since they are also protecting their business in any for of abused.

OP is pointing to sports betting.

If OP will win a huge amount, I don't see how it will be tagged as a suspicious one since the result is fair. If OP will win consecutive winnings, he doesn't control it as results can't be cheated. There's also a track of OP's progress.

OP just needs to follow the site terms and everything will be alright (unless the site itself created a term against the OP).

I think winning in casinos and bagging some amount and keeping it in your account will not result in OP account to be banned, there is no written in tos about that, maybe unusual activity like changing the IP that you are using accessing your account, or being in non stop transactions maybe that could be a reason , but now I don't see any reason for them to banned OP's account. better to withdraw some of it, for your assurance as well.

TheGreatPython

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Quote from: chaser15 on December 07, 2020, 02:36:58 PM

Unfortunately, terms are subject to change much especially about the subject of the continuous huge amount of winnings. Users will just be surprised that a certain term will be imposed on them.

The good thing is that sites only stop you from making bigger bets but aren't blocking the withdrawals which I think is fair enough. I mean the sportsbook has the right to decide which player they want to allow and which ones they want to restrict. There are many ways by which players can cheat so sportsbook have to be very careful and crypto sportsbook have instant withdrawals mostly that also creates a big problem in case a player is cheating he can empty the hot wallet.

Quote from: chaser15 on December 07, 2020, 02:36:58 PM

For that, OP just needs to choose a reputable sports betting site to ensure that in case of irregularities, OP can take the case in public. These reputable sites will surely address OP's question instead of unpopular ones that don't care about their user's problem.

Actually I play at stake and I have seen people complain about small limits on e-sports betting so actually even the best sportsbooks out there limit users for specific reasons.

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Quote from: Pamadar on December 09, 2020, 01:57:54 PM

After winning huge amount the house also will keep on eye with your account, doing random check from time to time looking
for any suspicious movements, they have this authority since they are also protecting their business in any for of abused.

OP is pointing to sports betting.

If OP will win a huge amount, I don't see how it will be tagged as a suspicious one since the result is fair. If OP will win consecutive winnings, he doesn't control it as results can't be cheated. There's also a track of OP's progress.

OP just needs to follow the site terms and everything will be alright (unless the site itself created a term against the OP).

Smartvirus

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After going through OP and a couple of replies, I find it rather impossible and relatively funny for it to be that, bookmarkers can limit participation on an active account based on a frequent win from that particular account. In essence, all they want us to do is loose, loose and loose some more! It's so unfair should this supposed observation be true and come to think of it, all the adverts of betting platforms are always focused on winning, amazing odds and options do, restricting an account should the account be winning more frequent is absurd!

Pamadar

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Quote from: kkaroul4 on December 08, 2020, 08:19:12 AM

I don't think they will not suspend or restrict your account but maybe they would ask you personal details and undergo through KYC if you win big amounts in order to comply with their AML policy which is I think is normal if their website is regulated and licensed.

It's been a practice as they needed to comply with regulations.

After winning huge amount the house also will keep on eye with your account, doing random check from time to time looking
for any suspicious movements, they have this authority since they are also protecting their business in any for of abused.

jaberwock

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There is so much confusion around this topic so I will like to share some information which I have gathered about this.

Gambling house will never limit your betting as long as you are overall in loss, if you win 10 BTC today but slowly lose out in the long term they will have no problems. But if somehow you are winning in long term and considering sports betting has such a massive house edge then bookies start limiting your bet size to avoid unfair advantages like court siding and other practices.

Even bet365 and other sites ban and limit accounts to small bet size because of things like courtsiding.

fullhdpixel

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Quote from: krach on December 08, 2020, 08:36:13 AM

There are plenty of places that wont, like decentral betting apps, fairlay, asianodds ect

Actually at one time I used to win a lot on sportsbet.io and I must credit them that they never limited my account to any limits. I had times when I used to win big amounts and then there were days when I would lose but overall I was making good profits and they never limited my account.

I also thin that sportsbook limit betting amounts when they believe you are into some kind of wrongdoing because I mean every gamble can win and lose and if they were going to limit users for winning almost every gambler would have his limits cut off by now. Maybe there are gamblers who perform arbitrage and other tricks and then the sportsbook are forced to limit them. I never got limited anywhere despite making good amount of bets and winning at times.

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Having a consistent winnings are not good for bookmakers for an obvious reason, their profit would be lessen. However its not a reason as well to restrict or ban your account as long as you're not doing anything that against the rules.

Quote from: deathes on December 06, 2020, 06:43:41 AM

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it.

Nowadays there are many reputable betting sites existing just do a research and you can find good sports betting sites that suits you.

Did you already experience getting restricted for profiting to much? Im curious to know because you're worried.

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

I don't think that they will do that because sports betting can't be cheated (don't know with casino) and if you win or profit in the long term and you are going to withdraw large sum of money from them, KYC documents are probably the thing they will ask from you. As long as you follow the terms in the TOS, i think you have no problem with them.

Twentyonepaylots

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There is a huge percentage of chance that ypu will be investigated about. Basically KYC, mostly just to doublecheck and ensure you are not doing monkey business. If they are reputable and you are found not guilty of the accusation, they won't ban you. Simple as that. Most bookmakers are paid thru commisions so they don't hate to see you winning with a burning passion.

Quote from: krach on December 08, 2020, 08:36:13 AM

A lot of places will just kick you out.

To understand think about how they make money.

Most make money by doing risk management and not hedging all bets. This means that if you are annoying and profitable, or profitable in markets they have trouble hedging then they might just kick you.

BUT
There are plenty of places that wont, like decentral betting apps, fairlay, asianodds ect

This is also possible, again weigh your decisions OP. If you feel like you are not gonna be welcome in that online bettingbsite for too long, then it's best you stay away while you dtill haven't invested time, money and power.

krach

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A lot of places will just kick you out.

To understand think about how they make money.

Most make money by doing risk management and not hedging all bets. This means that if you are annoying and profitable, or profitable in markets they have trouble hedging then they might just kick you.

BUT
There are plenty of places that wont, like decentral betting apps, fairlay, asianodds ect

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Quote from: Taskford on December 08, 2020, 08:06:34 AM

Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

Why would they do that in the first place? if they will suspend the users account for that reason only then there's something wrong with them and thy cannot be trusted, but if you do something illegal which violate their TOS for sure you will be investigated and if they find something illegal on your account then its a ground for them to suspend your account so make sure to play in accordance to their TOS and play with honesty since for that you can protect your account.

They knew it is impossible to always winning against the bookies in the long run , that is why they will accuse you for cheating pr something , cause yes it is impossiblo to keep winning all the time , doesnt makes sense and i believe this should be a very rare case like 1 in millions or so.
Dont forget that every casino , every bookmakers have their own risk management who taking care of this kind situation and the decision might be various.
I heard a lot of cases where the user account get limited for certain period due suspicious winning, it is happened so yes it depends.

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I don't think they will not suspend or restrict your account but maybe they would ask you personal details and undergo through KYC if you win big amounts in order to comply with their AML policy which is I think is normal if their website is regulated and licensed.

Taskford

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

Why would they do that in the first place? if they will suspend the users account for that reason only then there's something wrong with them and thy cannot be trusted, but if you do something illegal which violate their TOS for sure you will be investigated and if they find something illegal on your account then its a ground for them to suspend your account so make sure to play in accordance to their TOS and play with honesty since for that you can protect your account.

ethereumhunter

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Quote from: imstillthebest on December 07, 2020, 04:13:51 AM

it wont take long if you can win easily . not withdrawing small amounts verry often can also make you save lots of fees , thats what i did i just withdrew one time because the gambling site where i play demands a big withdrawal fee but i dont recomend it for people that have a gambling issue because they can loose what they can save

and most importantly if your a gambler that are not willing to do a kyc because money can get trap inside a gambling site .

But it will not be easy to win as we know that gambling is not designed to give easy money to the gamblers. If you want to save lots of fees, you can convert your win in bitcoin into an altcoin so that you can pay small fees. If you withdrew one time in a large amount, that can make the casino suspicious and check your account. If you don't mind getting that, you can still do but be careful. I don't recommend to withdraw in a large amount to avoid the alarm sounding.

We need to select the gambling site that doesn't require KYC to get in a trap when we withdraw.

shoreno

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Quote from: Naida_BR on December 08, 2020, 03:46:17 AM

Everything depends on the amount of profits you are going to be making, how much reputable is the casino you are gambling at and the volume that takes part in this casino.
You have to find the best combination of those three in order to eliminate the chances of getting restricted or banned.
Indeed, casinos are posing restrictions in people that are winning too much - I have experienced that with bet365 when they posed me a restriction of a certain amount that I can bet during a day because I had a consecutive winning streak of a lot of money.

You agree in some policies when you sign up - this means that you are playing with their rules...

its the reputation of the casino for me that should come first before the volume and the decision of how much your going to win because these two are going to be useless if you pick a scam and bad casino because your still going to be restricted or else not get paid .

as far as i know bet365 is a big casino but why they still have a restriction , how much money you bet and win before ? im just curious because you dont look like a rich gambler to me . i cant believe that there are really gambling site that restricts players from winning lol .

Naida_BR

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Everything depends on the amount of profits you are going to be making, how much reputable is the casino you are gambling at and the volume that takes part in this casino.
You have to find the best combination of those three in order to eliminate the chances of getting restricted or banned.
Indeed, casinos are posing restrictions in people that are winning too much - I have experienced that with bet365 when they posed me a restriction of a certain amount that I can bet during a day because I had a consecutive winning streak of a lot of money.

You agree in some policies when you sign up - this means that you are playing with their rules...

Yogee

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Quote from: Yudhisthir on December 07, 2020, 06:25:39 AM

None of the legit bookie, gambling site would restrict your account for winning.

This is true for players that aren't playing big or for players that are usually losing but the case is different for deathes and other players like him. Bookies don't want to lose and they can restrict anyone who can potentially deplete their bankroll. They will use any trick up their sleeve to make that player leave.

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Quote from: coupable on December 07, 2020, 04:54:25 PM

Quote from: ralle14 on December 06, 2020, 08:22:58 PM

Quote from: coupable on December 06, 2020, 04:28:12 PM

This makes sense to me. It lets me think about the idea that if one account makes 2-3 big withdrawals is in risk of his account being suspended/checked. Do you really think that i have to change the platform after i make some big withdrawals avoiding all breacking-head, or maybe just using the same platform after changing all stuff (device,account,ip,addresses) ?

No, making a big withdrawal won't risk your account from getting suspended unless you're new to that site and those withdrawals would quickly put you at a big profit. Also it depends on how big are these withdrawals.

What tyKiwanuka had said in the quote i responsed is very interesting and may have a different opinion from what you tell. Bookmakers generally don't like those who make big profits so it's normal to follow the regular winners, from this point then it's better to make some changes if you make some repetive big wins (can't really determine how much but there should be an average among wins) .

Wonder what changes you are referring to. Is it like changing of device, account, ip, etc as your former post suggested?
Well, I think those who consistently win significant amounts would need to be careful playing too long on account that has attracted lot of attention from admin/owner. I'd prefer to use another platform for awhile before using the one I have won alot of bets on again.

DabsPoorVersion

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Quote from: swogerino on December 08, 2020, 02:28:16 AM

I think that reputable crypto casinos are winning enough money in general that they don’t really care if a few individuals are winning in the long run.In fact up until now I haven’t heard amy stories regarding this.In Fiat casinos though there are many claims that bet365 restricts your account once you win 3-4k Euros or Dollars.

I think this in not exactly restricting the account, they just investigate and see if there is any suspicious actions have been done.

Winning a lot in casinos will most likely get the attention of the owners. It is actually normal if they undergo an investigation to your account, as long as you do not violate their rules or anything that can cause your account to disable, there is nothing to worry about.

swogerino

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I think that reputable crypto casinos are winning enough money in general that they don’t really care if a few individuals are winning in the long run.In fact up until now I haven’t heard amy stories regarding this.In Fiat casinos though there are many claims that bet365 restricts your account once you win 3-4k Euros or Dollars.

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Quote from: chaser15 on December 07, 2020, 02:36:58 PM

Quote from: lebregone on December 07, 2020, 02:13:37 PM

You should read first the TOS of any gambling site that you are planning to use and check whether you will be having an issue in the long run if in case you will be winning some huge amount of money.

Unfortunately, terms are subject to change much especially about the subject of the continuous huge amount of winnings. Users will just be surprised that a certain term will be imposed on them.

I think every gambling site has a alarm when there's a Huge win that recorded and will look at that account automatically about the legitimacy of the win so having this multiple times may not come to extent.maybe twice or until 3rd your account will be for questioning because this is a rare one and not normal to happen in a single day.

Quote

For that, OP just needs to choose a reputable sports betting site to ensure that in case of irregularities, OP can take the case in public. These reputable sites will surely address OP's question instead of unpopular ones that don't care about their user's problem.

This is how important that we will play on those licensed gambling site because in cases that we Win a cannot be imagine amount at least the site has an option to face if either Keeping your win while under investigation or will quit but has a chance to go in Jain.

michellee

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Quote from: ReiMomo on December 07, 2020, 12:59:08 PM

There are a lot of gambling sites in this forum and AFAIK they are all legit, you might try one of these sites. Pretty much they won't put any restrictions on your account unless you failed to follow one of their rules.

It appears to me that you frequently win in your gambling activity and the mere fact that any gambling site would recognize you are getting profitable then they will tend to kick you out for you might be the reason for their bankruptcy lol. Kidding aside, any gambling platforms will intend to lose the player who appears to be a frequent winner not just because of negative suspicions instead they are losing profit for players like you do.

I guess the casino will kick him out if he can win so much money from their site. I am sure they will prevent him from getting more winning. It could lead the casino to apply the limitations of the amount of money that he can withdraw. As long as he can avoid breaking their rule, he will still have a chance to win, but I am not sure if he can withdraw the win money easily. Maybe he needs to convince the site that he doesn't cheat them and maybe he needs to verify himself on that gambling site.

There are many reasons for the casino to kick or ban someone from their site, especially if that gambler wins a lot of money. They will easily do that and use any restriction on their members. If that happens to their members, I think the gambling site can lose its reputation in the members' eye, and they will leave the site.

magneto

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

That's the point from the sportsbook's perspective, at least.

Their business is essentially offering this service to you for a fee - and that fee is an inherent disadvantage on your part due to subpar odds that they offer.

Quote

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

I think that there are a few concerns that may result in a suspension, the biggest of which may be insider betting. This is why you see extremely low limits on newly established leagues such as esports imo.

I doubt that centralised sportsbooks are going to change their ways in terms of restricting accounts on big profits, because most of the time a) you are playing against the house, so your win is their loss (of course, they would also hedge some of their bets) and b) sporting events are not truly provably random.

But as others said, betting exchanges have no net position in any bet, so they would have no trouble with you beating the market (just as any crypto exchange wouldn't mind whales profiting on derivatives, as long as they get their share of fees).

coupable

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Quote from: ralle14 on December 06, 2020, 08:22:58 PM

Quote from: coupable on December 06, 2020, 04:28:12 PM

This makes sense to me. It lets me think about the idea that if one account makes 2-3 big withdrawals is in risk of his account being suspended/checked. Do you really think that i have to change the platform after i make some big withdrawals avoiding all breacking-head, or maybe just using the same platform after changing all stuff (device,account,ip,addresses) ?

No, making a big withdrawal won't risk your account from getting suspended unless you're new to that site and those withdrawals would quickly put you at a big profit. Also it depends on how big are these withdrawals.

What tyKiwanuka had said in the quote i responsed is very interesting and may have a different opinion from what you tell. Bookmakers generally don't like those who make big profits so it's normal to follow the regular winners, from this point then it's better to make some changes if you make some repetive big wins (can't really determine how much but there should be an average among wins) .

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Quote from: lebregone on December 07, 2020, 02:13:37 PM

You should read first the TOS of any gambling site that you are planning to use and check whether you will be having an issue in the long run if in case you will be winning some huge amount of money. If the casino owners can see that your account is not behaving correctly then they will surely restrict or freeze your account as they conduct an investigation whether you are doing some shady actions or not that is against in their terms.

But if you are not planning to win using a shady techniques then you should not worry as long as your account is clean and the casino owners cannot find some issues in your account that they can use against you.

TOS is a good source for blaming gamblers for any correct gambling activity which can look suspicious according to whatever section of the TOS. There is no guarantee any bookie will not block or restrict the account in case of a huge win and the same practice is applied by the majority of gambling websites. I agree if the user wins huge money by betting on the fourth league of third world countries and it is obviously "shady". The withdrawal conditions will be strict on this type of gambling accounts and the management will monitor the account activity for a long time until they catch something.

chaser15

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Quote from: lebregone on December 07, 2020, 02:13:37 PM

You should read first the TOS of any gambling site that you are planning to use and check whether you will be having an issue in the long run if in case you will be winning some huge amount of money.

Unfortunately, terms are subject to change much especially about the subject of the continuous huge amount of winnings. Users will just be surprised that a certain term will be imposed on them.

For that, OP just needs to choose a reputable sports betting site to ensure that in case of irregularities, OP can take the case in public. These reputable sites will surely address OP's question instead of unpopular ones that don't care about their user's problem.

lebregone

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You should read first the TOS of any gambling site that you are planning to use and check whether you will be having an issue in the long run if in case you will be winning some huge amount of money. If the casino owners can see that your account is not behaving correctly then they will surely restrict or freeze your account as they conduct an investigation whether you are doing some shady actions or not that is against in their terms.

But if you are not planning to win using a shady techniques then you should not worry as long as your account is clean and the casino owners cannot find some issues in your account that they can use against you.

bitbollo

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

In my country (italy) there is a monopole about betting so you can play just in authorized merchant.
It can sound good (merchants must be checked before) but in reality has distorted the market since a bookmaker could void your account without real reason ("suspect) or they can just change the betting size limit, deposit or withdrawal.
The real problem arise with T&C. You must accept to use a site. These type of agreements are not designed to support a player....

ReiMomo

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There are a lot of gambling sites in this forum and AFAIK they are all legit, you might try one of these sites. Pretty much they won't put any restrictions on your account unless you failed to follow one of their rules.

It appears to me that you frequently win in your gambling activity and the mere fact that any gambling site would recognize you are getting profitable then they will tend to kick you out for you might be the reason for their bankruptcy lol. Kidding aside, any gambling platforms will intend to lose the player who appears to be a frequent winner not just because of negative suspicions instead they are losing profit for players like you do.

rhomelmabini

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

You're probably reading too much about those negative thoughts/reviews about sports betting sites may it be about suspending or locking the funds surely there are reasons behind that. Try to read sports betting sites articles that are proven reputed and established in the industry they are everywhere and even here I probably you can find one, I recommend BTCGosu site for the reviews of those reputed ones.

I don't think that a site will restrict you if you're winning too much and if you're that doubtful try not stay your balance in a gambling withdraw it as long as you're done. More than that you should read the terms and conditions of the site first before you play on them surely you could read there what are do's and don'ts rather than complaining a lot when you haven't yet started or trying but yeah a good thing for a beginner to ask but I suggest better reading first as always.

Reid

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They got all the answers for you.
All I can say is you try cryptocurrency betting first with a reputable gambling site.
The problem that I see is because you played with fiat currency before which truthfully is always with limited money only.

But since you are going to start with cryptocurrencies now, there won't be much of a problem unless you are really a big whale. Grin

Try it and you will see the difference.

Yudhisthir

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None of the legit bookie, gambling site would restrict your account for winning. Misusing bonuses and offers are another topic and they would ban you for that. Anything that goes against their terms could lead to suspension of your account. Some of the casinos even let you play with a VPN and suspend you if you try to withdraw. And as you are not abiding by term, you can't win against them. If you are abiding by terms, no legit bookie can restrict you and your wins.

Ucy

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My guess is that they don't expect people to win (or win consistently) with skills/strategy that work. If your winnings are significant and don't look like luck they will probably suspect you are outsmarting them illegally(and maybe legally) and would try to figure out what happened before handing the win to you or allowing you to continue. If what you did to win are legal or within the rules and they still don't want you anymore then it's likely they are just scared your bets will affect them badly.
I suspect this also happen in physical betting centers, this is why I tend to think it's better to bet different places if you are always profitable or have strategies that will likely guarantee you victory.

So, maybe try betting in different places and always try to be discreet and considerate to betting sites if you have working strategies no one else has (or very few have).

imstillthebest

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Quote from: ethereumhunter on December 07, 2020, 02:17:58 AM

Quote from: AbuBhakar on December 06, 2020, 04:21:43 PM

Quote from: ethereumhunter on December 06, 2020, 11:27:27 AM

I guess so Grin

They don't like to see gamblers can win much money from their site. They will try to check your account and find your mistake so that they can suspend or restrict your account. But if they can not get something wrong from what you did before, they will not do anything, but your account will still under watch by them.

Will depend on what casino it is, there are casino who really requires KYC if it reaches some amount that needs to provide verifications to a oil AML. If plans to make money grow in gambling and no plans of withdrawing it until the amount reach better be ready in KYC as well make sure you're playing in too or known casinos who are not willing to risk their casino to find fault in any transactions.

Yeah, you're right. We don't have to wait to see the money grow in gambling because it will need longer to see it happen. It is better to withdraw the minimum amount and try to save more money if we win. By doing that, I think we can prevent KYC, and we can withdraw again without doing KYC. That can minimize the risk of using bigger money to gamble because the money is already withdrawn.

it wont take long if you can win easily . not withdrawing small amounts verry often can also make you save lots of fees , thats what i did i just withdrew one time because the gambling site where i play demands a big withdrawal fee but i dont recomend it for people that have a gambling issue because they can loose what they can save

and most importantly if your a gambler that are not willing to do a kyc because money can get trap inside a gambling site .

acroman08

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Quote from: fiulpro on December 06, 2020, 07:27:48 AM

The good thing with gambling in cryptocurrencies like Bitcoins is :- If they do that just make a new account and get started again until and unless they think about closing it, keep withdrawing the funds on time since you never know when they would even freeze that.

wouldn't that just be multi-accounting and would most likely break one of their ToS, resulting in the user being banned and losing his moner or all the chance of playing in that bookmaker if found guilty of multi-accounting.

Quote from: fiulpro on December 06, 2020, 07:27:48 AM

I do believe you have to understand that this happens in casinos too, they filter out the good players and ask them to leave , no one wants to have a guy on winning spree in their casino 😂 , this is natural , they are just scared of those people and might think that those people are using some underhanded methods to do that. Therefore they do believe that they might have to look into it, make the game harder , make sure they don't loose a lot ...this is quite normal.
-snip

it's true that this is also happening on casinos but as far as I know, they do not confiscate your winnings unlike on some online casino that would abuse their ToS to ban, restrict or suspend your account in order not to lose money.

ethereumhunter

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Quote from: AbuBhakar on December 06, 2020, 04:21:43 PM

Quote from: ethereumhunter on December 06, 2020, 11:27:27 AM

I guess so Grin

They don't like to see gamblers can win much money from their site. They will try to check your account and find your mistake so that they can suspend or restrict your account. But if they can not get something wrong from what you did before, they will not do anything, but your account will still under watch by them.

Will depend on what casino it is, there are casino who really requires KYC if it reaches some amount that needs to provide verifications to a oil AML. If plans to make money grow in gambling and no plans of withdrawing it until the amount reach better be ready in KYC as well make sure you're playing in too or known casinos who are not willing to risk their casino to find fault in any transactions.

Yeah, you're right. We don't have to wait to see the money grow in gambling because it will need longer to see it happen. It is better to withdraw the minimum amount and try to save more money if we win. By doing that, I think we can prevent KYC, and we can withdraw again without doing KYC. That can minimize the risk of using bigger money to gamble because the money is already withdrawn.

Silberman

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

For what I have seen in fiat casinos you are unlikely to get banned but you are bound to get your account limited, you will find on their terms and conditions they offer their services for recreational gamblers and not for professionals so while you have done nothing wrong they give themselves an out in the case a professional gambler creates an account with them and most likely something similar happens with cryptocurrency casinos and while it is understandable your disgust with the situation casinos can do whatever they want with their platform.

matchi2011

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Quote from: MCobian on December 06, 2020, 09:08:07 PM

If you win in the long run, of course the bookmakers don't like that and will definitely check your account. Bookmakers will find
your mistake, which will be used as an excuse to suspend your account. If you are proven not to violate the rules, your account
can still be used, but still under surveillance. Then you will be asked for KYC verification when you withdraw the profit you get.

Common action by the game house, they'll gonna keep an eye with our account as they are suspecting unrealistic game results that you
are getting each time you use their platform.

Most of the time, if you are using huge amount of money to bet this suspicious act will triggered to freeze your account, asking you for
more in-depth information and keep monitoring your account.

Lorence.xD

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Quote from: freedomgo on December 06, 2020, 09:23:42 PM

If such sportsbook exist, you can think they are scammers.

They might limit the maximum bet they'll accept but they will not scam you even if you are wining. It's expected that there are some people who makes money in gambling, especially in sports betting but as long as gambling sites stays profitable, they can accommodate the winners.

If the OP does win big amounts of money over time, I think that it will raise some eyebrows for the casino because they can't profit from him/her. I do not reputable sites will just lock your account out of nowhere but the scummy thing about locking is that they do not explain the reason behind and most of the replies from them are soulless and repetitive like they do not want to help the player, if they can change that aspect of things then it will probably change my mind.

Darker45

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You must be coming from somewhere. If you may, please share your particular experience which somehow made you think that sports betting sites will suspend or restrict your account if you made a nice profit in the long term. Is it a crypto sports betting site in the first place? Or was there no explanation whatsoever why it was done? Was there not a single violation on your part? Did you reach out to the site's support?

After years of sports betting, I haven't encountered a single instance in which my account is suspended or locked. I'm not saying I've made a huge amount of profit but there was also a time when I made some significant amount from betting.

Perhaps this tip will help: avoid treating your betting site wallet as a storage place. If you already accumulated a huge amount in your betting site wallet after winning a lot of bets, withdraw the amount. Only leave an amount you wish to spend on betting.

TGD

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Quote from: freedomgo on December 06, 2020, 09:23:42 PM

If such sportsbook exist, you can think they are scammers.

They might limit the maximum bet they'll accept but they will not scam you even if you are wining. It's expected that there are some people who makes money in gambling, especially in sports betting but as long as gambling sites stays profitable, they can accommodate the winners.

Most of the bookmakers limiting the accounts with frequent winning and shady activities. They do this to protect themselves. They have the right to do it because they will lose there business once this kind of players take there profit in the long run. The purpose of bookmakers is to get profit from players and not giving away money to them. So they will just remove the smart player and retain the average players. This is how business work.

But suspending account while the balance is trap was a different story. They should atleast let them withdraw the funds and lock the account.

freedomgo

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If such sportsbook exist, you can think they are scammers.

They might limit the maximum bet they'll accept but they will not scam you even if you are wining. It's expected that there are some people who makes money in gambling, especially in sports betting but as long as gambling sites stays profitable, they can accommodate the winners.

MCobian

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If you win in the long run, of course the bookmakers don't like that and will definitely check your account. Bookmakers will find
your mistake, which will be used as an excuse to suspend your account. If you are proven not to violate the rules, your account
can still be used, but still under surveillance. Then you will be asked for KYC verification when you withdraw the profit you get.

Wexnident

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It will undergo investigation. Let's not be stupid, winning all the time is completely possible BUT it is susceptible to being doubted, not just by the bookmakers but also by other fellow gamblers. It isn't going to immediately be restricted, but you would be required to undergo questioning from them, which again, isn't odd. They're just making sure everything is fine and dandy. Yes I know it feels stupid, but losing all the time is more understandable than winning all the time.

As for bookies, try out Fairlay. It's one of the few ones I've ever used. Haven't had many issues, though I've never really used it that much. Maybe once in a while when I feel like it.

deathes

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Quote from: fortunecrypto on December 06, 2020, 08:12:41 PM

Quote from: deathes on December 06, 2020, 06:43:41 AM

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are a lot of reputable bitcoin sports betting exchange sites and they are and they are of the majority here, you just have to spend some time to research their reputation and see if it suits your preference, you are not really that good to win all the time and take down the whole gambling site, if you are playing in a big and reputable gambling site, you can win a big amount and cash it out.
I have seen big winnings cashed out, they will not suspend or restrict your account as long as you are playing fair, and they should be happy that the players able to cash out a big amount, it's a good promotional too.

So far I've only seen Fairlay and Exbet. Exbet has very little liquidty. Fairlay's decent but I think there's a conflict of interest there too. I read a post somewhere else about Smarkets and I think it may apply to Fairplay also. Here's a part of it.

Quote

It seems much of it stems from their use of market-makers who either work for Smarkets or work on their behalf who provide (artificial) liquidity to the exchange. So that when you are betting there, chances are you aren't betting with other customers but with Smarkets themselves. This of course creates a conflict of interest between the exchange and their customers, because you are betting directly against the exchange.

I've only been using them a short while but already I've witnessed their tricks, just because I have the audacity to win off them. Some of the tricks they do include:
(1) They use their liquidity providers to mimic Betfair prices. So you're not betting with other customers but with the exchange directly, which is a similar situation as with a regular bookmaker. Sometimes you can bust their risk limits, and you get the ridiculous and pathetic situation of what appears to be a liquid market with loads of participants turning into an empty market with about 5 orders. A high proportion of their revenue now comes from proprietary trading and I know they're recruited a lot of people into that area.

So far I'm testing Fairlay but it feels like their liqudity is artificial (provided by their guys) and eventually there'll be a conflict of interest between me and them if I profit consistently.

Any bitcoin exchanges besides Fairlay or do you think their liqudity is 100% natural?

ralle14

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From my experience if you do keep winning most of the time the worst punishment the bookies would give to you is a very small limit to discourage you from playing in their site. Bookies do it because they know only a few gamblers could profit in the long term and as tykiwanuka mentioned it holds them back from making more money.

Quote from: coupable on December 06, 2020, 04:28:12 PM

This makes sense to me. It lets me think about the idea that if one account makes 2-3 big withdrawals is in risk of his account being suspended/checked. Do you really think that i have to change the platform after i make some big withdrawals avoiding all breacking-head, or maybe just using the same platform after changing all stuff (device,account,ip,addresses) ?

No, making a big withdrawal won't risk your account from getting suspended unless you're new to that site and those withdrawals would quickly put you at a big profit. Also it depends on how big are these withdrawals.

fortunecrypto

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Quote from: deathes on December 06, 2020, 06:43:41 AM

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are a lot of reputable bitcoin sports betting exchange sites and they are and they are of the majority here, you just have to spend some time to research their reputation and see if it suits your preference, you are not really that good to win all the time and take down the whole gambling site, if you are playing in a big and reputable gambling site, you can win a big amount and cash it out.
I have seen big winnings cashed out, they will not suspend or restrict your account as long as you are playing fair, and they should be happy that the players able to cash out a big amount, it's a good promotional too.

seleme

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Betfair, Matchbet, Asianodds and Pinnacle are the bookies winners are welcome in all cases. If you are a bonus hunter stay away from the lucrative bonus offers on the first deposit and you are good to go. If you bet against the bookie and the majority of your bets are in profit the restrictions will be applied to your betting account. AFAIK, Pinnacle is the best betting platform for juicy odds and Betfair is my second suggestion depending on the jurisdiction. My choice is always Pinnacle because the perfect sports betting website doesn't exist especially after a few years Wink

SyGambler

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

pinnacle is the only site with good limits that accept winners , you can use them through fairlay exchange ( same odds most of the times but with better offers in some rare cases ) but I guess since you are a regular winner you already know that

you can also try asian brokers like asianconnect88 but some of the sites they offer can be shady sometimes , for example one of the exchanges they offer called orbit which is supposed to be betfair mirror was raising the fee insanely for winners
they even closed some accounts for winners accusing them of stupid things while in theory they are an exchange and shouldn't care about winners

I never tried betfair but according to one of my friends they can be dicks with winners as well , he mentioned something about paying them a premium on profits when you start to win too much regurarly
so in general be careful with all sites even exchanges

Kelvinid

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Quote from: safari88 on December 06, 2020, 08:06:12 AM

Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

honestly they won't unless if they find suspicious maybe like cheating also they might ask you to undergo KYC as well. i don't think they can't close an account just because you are winning in long term.

This is a common issues why our account is put on hold or blocked, not because you always keep on winning unless that so-called suspicious activities will be verified, then surely that will be the consequences.

@OP, have you did something not right? Because if there is nothing, then you don't need to worry. If that site(where you are playing) hold or restrict, or banned you from betting without any valid reason, then we can't stop to draw our conclusion that they are not legit, probably another scam site.

chaser15

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As far as the usual terms are a concern in every gambling site, only accounts that will show unusual activity will be suspended. If you are true to yourself, then it's easy to bypass their possible questions.

There is no reason to just suspend an account if you profit for the long-term.

And besides, there's a record log that will show your winning history, 100% fair and square. Just play at popular betting sites.

Ryker1

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Quote from: AbuBhakar on December 06, 2020, 04:21:43 PM

Quote from: ethereumhunter on December 06, 2020, 11:27:27 AM

I guess so Grin

They don't like to see gamblers can win much money from their site. They will try to check your account and find your mistake so that they can suspend or restrict your account. But if they can not get something wrong from what you did before, they will not do anything, but your account will still under watch by them.

Will depend on what casino it is, there are casino who really requires KYC if it reaches some amount that needs to provide verifications to a oil AML. If plans to make money grow in gambling and no plans of withdrawing it until the amount reach better be ready in KYC as well make sure you're playing in too or known casinos who are not willing to risk their casino to find fault in any transactions.

Well, I agree.
I have been here in gambling and has been encountered different gambling sites, they asked for a KYC verification when your fund that planning to withdraw has been reached the maximum amount. I suggest to gamblers that deposit only amount not exceed the limit, --once you have been there, be ready for the KYC. To be honest, an online gambling site that required KYC verification is perhaps less of a user, because most of us are prefer to gamble without KYC. Perhaps, this was already practice to protect our privacy not to involve in cryptocurrency.

harizen

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Quote from: deathes on December 06, 2020, 06:43:41 AM

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it.

The most possible scenario that might happen is, if you are winning continuously then you might hit the bell and will be asked for KYC. Should be an easy task for you.

But it's not that easy for that bell to be hit. We are talking about "continuous" big withdrawals here for maybe a figures of BTC0.1, BTC0.2 (disregarding BTC price) etc. But for the total sum in the long-run, it won't be alarming.

But honestly, you don't have to worry about that at first as if you are sure you will have a continuous winning on your sports betting journey.

coupable

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Quote from: tyKiwanuka on December 06, 2020, 07:02:47 AM

Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you profit, you are not losing Wink

In general bookmakers don't like winning players, which makes sense, because it reduces their own profits. So 99% of them will limit your account sooner or later, if you win longterm (and make frequent withdrawals). There is some threshold though, i.e. if you win $5 per month on average and withdraw them, this won't get you a limit. Things get different when it's $500 or more....

This makes sense to me. It lets me think about the idea that if one account makes 2-3 big withdrawals is in risk of his account being suspended/checked. Do you really think that i have to change the platform after i make some big withdrawals avoiding all breacking-head, or maybe just using the same platform after changing all stuff (device,account,ip,addresses) ?

AbuBhakar

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🇵🇭

Quote from: ethereumhunter on December 06, 2020, 11:27:27 AM

I guess so Grin

They don't like to see gamblers can win much money from their site. They will try to check your account and find your mistake so that they can suspend or restrict your account. But if they can not get something wrong from what you did before, they will not do anything, but your account will still under watch by them.

Will depend on what casino it is, there are casino who really requires KYC if it reaches some amount that needs to provide verifications to a oil AML. If plans to make money grow in gambling and no plans of withdrawing it until the amount reach better be ready in KYC as well make sure you're playing in too or known casinos who are not willing to risk their casino to find fault in any transactions.

AmoreJaz

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Quote from: kryptqnick on December 06, 2020, 01:03:14 PM

If it's a reputable online crypto casino, I don't think your account will be restricted because that would be unfair and the casino would get negative trust. Whatever you might win in a good popular casino is incomparable with what they'll lose from other customers if they don't pay you. At least, that's how I see it, but of course I might be wrong, so it's important to hear other opinions on the matter.
So be prepared to undergo examination if you indeed win a lot and often. Make sure you're not breaking any rules (keep in mind that finding a vulnerability of a casino and exploiting it is against the rules, so in this case your account will probably be blocked) and that you're using a good casino (choose one with positive trust on Bitcointalk to be sure).
If it's sports you're interested in, try Sportsbet.io.

if he will stick to the rules by the casino, and play in a reputable site here, he may not get into trouble. thats right! dont make any action that may trigger the site to freeze your account or anything on that matter. and also as much as possible, play in the known bookies here in the forum. if you will encounter any issue, a lot will help your case if you are on the right side of things.
because if the casino doesnt want to ruin their image, they wont do anything stupid from their end.

kryptqnick

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Join the world-leading crypto sportsbook NOW!

If it's a reputable online crypto casino, I don't think your account will be restricted because that would be unfair and the casino would get negative trust. Whatever you might win in a good popular casino is incomparable with what they'll lose from other customers if they don't pay you. At least, that's how I see it, but of course I might be wrong, so it's important to hear other opinions on the matter.
So be prepared to undergo examination if you indeed win a lot and often. Make sure you're not breaking any rules (keep in mind that finding a vulnerability of a casino and exploiting it is against the rules, so in this case your account will probably be blocked) and that you're using a good casino (choose one with positive trust on Bitcointalk to be sure).
If it's sports you're interested in, try Sportsbet.io.

ethereumhunter

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I guess so Grin

They don't like to see gamblers can win much money from their site. They will try to check your account and find your mistake so that they can suspend or restrict your account. But if they can not get something wrong from what you did before, they will not do anything, but your account will still under watch by them.

sunsilk

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

I don't think that's the reason if they happen to suspend your account. There must be some other reasons that have been caught with your account that led them to do that. Like inappropriate login activity.

Quote from: deathes on December 06, 2020, 06:43:41 AM

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are many reputable sportsbooks out there. They wouldn't care if you profit a lot from them as long as there's nothing wrong with your account and your wins are legit.

safari88

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

honestly they won't unless if they find suspicious maybe like cheating also they might ask you to undergo KYC as well. i don't think they can't close an account just because you are winning in long term.

Bttzed03

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Quote from: deathes on December 06, 2020, 07:09:15 AM

~
I always abide by TOS since I don't want to give any excuse to bookmakers, but in the past I had trouble withdrawing from known fiat bookmakers although I had full verification (ID, bank account, photo etc.) and in total I broke even or made a very slight loss. Although I got my money back it simply took too much time, review process etc. and they made things really hard for me later.

I just wondered if things are better or worse in the bitcoin side and people sharing suspension/trouble reports about cloudbet, nitrogen etc. (rather known bitcoin bookmakers) has already made me suspicious. I hope to profit in very small amounts if at all since I think I'm better than an average better but if this is going to lead me to troubled times and losing money instead of earning, I shouldn't even think about starting.

It's been known to us that fiat based bookies are more strict in implementing standard gambling rules and regulations compared to pure crypto based casinos. If we're to compare the number of accounts suspended, there are probably way less cases on this side. You should be alright playing if you abide by the TOS as you said.

Betnomi has some good promotions going on for new players but I've read some cases of limiting bets. You can check them out.

robelneo

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

They should not if you are following their rules, and they do not have anything on your account or they will be reported as giving false accusations and we all know that if the gambling is giving false accusations, they will be tagged and reported in the scam section.

Quote

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are many sports betting sites here with a good reputation, in fact, some of them are running a signature campaign here, do check them out the gambling industry does not lack good and highly reputable gambling sites and members of this forum are supporting them.

Becky666

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If your winnings aren't illegal then nothing will hold back your account on casino with Bitcoin payment, am happy to hear "long-term" with the casino which will definitely yield more winnings into your account. My candid advise to you is: If you have such motive to gamble on a long-term while accumulating your profits on a casinos, ensure to choose the best casino to avoid be scam at the end. There are casinos with less emphasis on reputation and feed-backs; those sect can disappear at anytime, so, choose a long standing casinos.

fiulpro

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The good thing with gambling in cryptocurrencies like Bitcoins is :- If they do that just make a new account and get started again until and unless they think about closing it, keep withdrawing the funds on time since you never know when they would even freeze that.
I do believe you have to understand that this happens in casinos too, they filter out the good players and ask them to leave , no one wants to have a guy on winning spree in their casino 😂 , this is natural , they are just scared of those people and might think that those people are using some underhanded methods to do that. Therefore they do believe that they might have to look into it, make the game harder , make sure they don't loose a lot ...this is quite normal.

If you are a professional and don't use anything else to win then you have nothing to worry about.

deathes

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Quote from: Bttzed03 on December 06, 2020, 06:52:32 AM

Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you are winning a lot of money, you will most likely be investigated and asked to undergo KYC verification. Whether they will suspend/restrict/ban your account depends if you are strictly following the rules the casino have set (i.e. not playing from prohibited jurisdictions, not playing with multiple accounts, not underage, etc.)

Quote from: deathes on December 06, 2020, 06:43:41 AM

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are many reputable platforms here but do not mistake "reputable" as not having the ability to lock your account. AFAIK, all long time bookies here have had cases of account suspension/limitation in the past. Again, follow their T&C and you should be 90% okay playing.

I always abide by TOS since I don't want to give any excuse to bookmakers, but in the past I had trouble withdrawing from known fiat bookmakers although I had full verification (ID, bank account, photo etc.) and in total I broke even or made a very slight loss. Although I got my money back it simply took too much time, review process etc. and they made things really hard for me later.

I just wondered if things are better or worse in the bitcoin side and people sharing suspension/trouble reports about cloudbet, nitrogen etc. (rather known bitcoin bookmakers) has already made me suspicious. I hope to profit in very small amounts if at all since I think I'm better than an average better but if this is going to lead me to troubled times and losing money instead of earning, I shouldn't even think about starting.

Quote from: tyKiwanuka on December 06, 2020, 07:02:47 AM

Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you profit, you are not losing Wink

In general bookmakers don't like winning players, which makes sense, because it reduces their own profits. So 99% of them will limit your account sooner or later, if you win longterm (and make frequent withdrawals). There is some threshold though, i.e. if you win $5 per month on average and withdraw them, this won't get you a limit. Things get different when it's $500 or more....

It kind of makes sense or is understandable, but I think bookmakers limiting policies are too strict nowadays. They are greedy just like all their customers are - human nature.

Quote from: deathes on December 06, 2020, 06:43:41 AM

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

Exbet launched their BTC betting exchange just recently and you won't get limited there for winning. As you anticipated correctly, they don't care, if you win or lose, they make their money with commission. They are still in early stages though and it will take some time until more markets are added and there is more liquidity. But it looks promising all in all.

Fairlay is another one.

Thanks, you confirmed my thoughts. I saw Fairlay and Exbet. Exbet seems very new so I think I'll try Fairlay.

tyKiwanuka

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you profit, you are not losing Wink

In general bookmakers don't like winning players, which makes sense, because it reduces their own profits. So 99% of them will limit your account sooner or later, if you win longterm (and make frequent withdrawals). There is some threshold though, i.e. if you win $5 per month on average and withdraw them, this won't get you a limit. Things get different when it's $500 or more....

It kind of makes sense or is understandable, but I think bookmakers limiting policies are too strict nowadays. They are greedy just like all their customers are - human nature.

Quote from: deathes on December 06, 2020, 06:43:41 AM

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

Exbet launched their BTC betting exchange just recently and you won't get limited there for winning. As you anticipated correctly, they don't care, if you win or lose, they make their money with commission. They are still in early stages though and it will take some time until more markets are added and there is more liquidity. But it looks promising all in all.

Fairlay is another one.

Bttzed03

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Quote from: deathes on December 06, 2020, 06:43:41 AM

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you are winning a lot of money, you will most likely be investigated and asked to undergo KYC verification. Whether they will suspend/restrict/ban your account depends if you are strictly following the rules the casino have set (i.e. not playing from prohibited jurisdictions, not playing with multiple accounts, not underage, etc.)

Quote from: deathes on December 06, 2020, 06:43:41 AM

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are many reputable platforms here but do not mistake "reputable" as not having the ability to lock your account. AFAIK, all long time bookies here have had cases of account suspension/limitation in the past. Again, follow their T&C and you should be 90% okay playing.

deathes

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This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

Topic: Will Bookmakers Suspend/Restrict My Account if I Profit in the Long Term? (Read 761 times)