BetBurger | Live and Pre-game surebets
RebelBetting - Turn betting into investing

Why bookies ban/limit arbers

Make bookmakers cash cow machines
showMeDaMoney
Has experience
Has experienceHas experience
Karma: 6
Posts: 156
Joined: Thu Jan 19, 2017 1:55 pm

Why bookies ban/limit arbers

Sat Feb 11, 2017 11:18 am

It doesn't seem logical, I made 20+ bets with 1xbet and marathon I lost more than $2000+ dollars.
So why limit me, when I'm losing money.

You would think the opposite, starting too learn real fast, that if you take away all the (red tape bookmakers, clones) there are actually only about a dozen good ones.
Is it because I'm making money on the other side, and the bookmakers are sooo greedy that they want everyone to lose.
Bubbles
To become a Pro
To become a ProTo become a ProTo become a Pro
Karma: 8
Posts: 307
Joined: Fri May 22, 2015 3:49 pm

Re: Why bookies ban/limit arbers

Sat Feb 11, 2017 1:52 pm

Even if you're losing short term you will win long term from them by taking mostly value bets, so they cut their losses short by limiting you.
highroll
Gaining experience
Gaining experience
Karma: 1
Posts: 16
Joined: Thu Dec 01, 2016 7:39 am

Re: Why bookies ban/limit arbers

Sat Feb 11, 2017 7:06 pm

Arbers disrupt the bookmaker risk model , so don't want arbers even if they get some money out of them
showMeDaMoney
Has experience
Has experienceHas experience
Karma: 6
Posts: 156
Joined: Thu Jan 19, 2017 1:55 pm

Re: Why bookies ban/limit arbers

Sun Feb 12, 2017 3:54 am

I guess the only way is to take the short odds sometimes.  i.e when you notice the odds long, you bet the other side.
Or take some winnings now, and put the shorts into multis.
midoritea
Gaining experience
Gaining experience
Karma: 3
Posts: 27
Joined: Thu Oct 27, 2016 1:57 am

Re: Why bookies ban/limit arbers

Sun Feb 12, 2017 7:06 pm

Bubbles wrote: Even if you're losing short term you will win long term from them
Indeed. The only reason for a book to restrict players is their FUTURE winning probabilities. Whether you arb, value bet or sharper by yourself, your win/loss will always reveal you by time. But after 20 bets it's not relevant yet (results are mostly random, a small edge have little effect on them), and books know that.

Return to “Arbing, matched betting and trading talk”