Wednesday, July 20, 2011

More Bookie Problems

Unfortunately following the recent good run the inevitable has happened and I've been restricted by another bookie.

This time its William Hill which is a bit of a body blow as i've used them a lot over the last 2-3 years. I suppose it was going to happen but it still astonishes me the way my account has been restricted - especially by a company like William Hill.

This is a company who have a turnover of £1.07bn and made £193.3m profit in 2010. I made about £2-3k out of them. Here's a statement from the chief exec when 2010 results were announced in February;

“Looking forward, while we recognise that the economic environment will continue to be challenging in 2011 for all consumers, as is reflected in market expectations, we are confident our customer-focused, multi-channel approach, extensive product offering and our exploitation of technological advances ensure we are well-placed,” said the company.

Maybe he should have added - and we will begin only deal with losing punters. Perhaps the shares are worth buying.... Pathetic.

More seriously though it causes me an issue - and one that I am trying to resolve to continue getting the best odds available.

So how do I resolve?

There are clearly ways of opening additional accounts with bookies that have closed or restricted my account. Some of these have been documented through the likes of SBC.

In the meantime I've opened further accounts with additional bookies which will spread my bets a bit more.

Additionally I've decided to use Betfair more where it's sensible to do so - i.e. if price is within a set parameter of recommended by the tipster then I'll use Betfair.

It may mean that I will lose BOG benefit with some tips and not maximise profits but if I'm within about 5-10% of the recommended price it's probably ok in the interests of prolonging bookie accounts.

Clearly the use of Betfair is impossible for tipsters like Equine Investments where the price on disappears in seconds (if it is there at all). This problem is compounded by the fact that betting on Equine tips with bookies is more than likely to get your account restricted.

Anyway will see how this progresses in the short term while I consider the other options.

Far from ideal.


elist said...

Bad situacion with bookmakers.I bet more in Betfair,maybe 70% from my bets.In bookmakers I bet to 25 euro in bet365,VC and Paddy P.In Betfred I have limit 10-15 euro,in Coral 5-10,Skybet 2-3 euro only...I open new accounts on name on my friend in Sportingbet,Ladbrokes and Boylesports and bet to 10 euro in this bookmakers.Now I bet from 2 pc and from 2 IP address,bad situacion.I open accounts in Betinternet,Betchronicle,Betdaq,but odds in this very little .In W.Hill,Tote,Centrebet,Titanbet I not have acconts,he not want peoples from my country.StJames,888sport,Corbet blocked my accounts,shit...

mrh-beats said...

It seems bookies are really cracking down and restricting more and more winning accounts.

Good way to sort things as you are doing is IP addresses and as time goes on I will need to follow a similar route.

Definitely right to keep bet size down and use betfair where ever possible.

Thanks for the info

elist said...

Horse Betting analyst give today 2 winners from 3 tips with good odds.I have free trial and after first week I have more 40 pt profit!But need bet more money on he tips,he give advice with 3 or 4 pt stakes.On this time I bet 40 euro on pt,when Analyst recommended 2 pt on bet,I bet 80 euro,when recommended 5 pt ,I bet 200 euro.Seems good on this time,maybe I will subscribe with this service.

mrh-beats said...

Hi - do you have a website address for Horse Betting Analyst? Sounds a decent service


elist said...