Just to share my story.

Recently I decided to follow a system with UK racing where I was backing horses that I believed were over the odds. Therefore anywhere between 20-50 bets per night. Decided on $20 bets to begin with. I decided to only use Bookies that had Best Odds Guaranteed, therefore in Australia that limited me to Bet365, Boylesports, BetFred and BetVictor.

Started on July 1st.

Placed six of the bets with BetVictor - tried a 7th and the screen flashed up account closed. Went to live chat and they told me it was a traders decision to close my account. They would honor the six bets and then refund the rest of my money. (I had deposited $250 they refunded $210 as I had one winner at $4)

BetFred - Had several bets over the week. My account went from $250 to $547. Tried a bet on the 9th of July and the screen said I could only put $1.10 on the horse. Was told my account has been restricted and no further details will be given but the restrictions might be lifted. I can only place random amounts since with only one $20 bet being allowed (on a $3.25 shot). Most have only allowed me on for under $5.00 though.

Boylesports - Account went from $250 to $445 and couldn't place any bets last night. The message said 'risk management' or something like that. When I queried the matter live chat just quoted the message and said no bans had been put on my account. Will try again tonight but not confident.

Bet365 - Have been fine so far! This was one account I had used extensively this year so betting patterns were a bit different but with this system alone I am about $200 up.

So in 2 weeks banned from 1 and restricted by 2. Not happy about it as it severely restricts my options. My theory is they must have something flagged about me to do it so quickly (especially BetVictor!) Yet I am definitely not a winning punter over time with UK bookmakers! It has been more of a blackhole.