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#1
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Do the TAB ban/limit successful punters like Ladbrokes and Sportsbet?
A lot of you have probably seen the Today/Tonight special on bookies banning and limiting the accounts of successful punters. They track your betting habits and if you show certain betting patterns you're done for, even if they are way up on you. I trade and lost tonnes of money through both Sportsbet and Ladbrokes - they were fine taking the money ofcourse, but as soon as I had a win with both Ladbrokes and Sportsbet limited me immediately. I am relatively new to this, but have the feeling it's because they're both UK owned; is this correct? If so, is this standard practise for UK bookies?
Anyway, my question is do the TAB ban and/or limit successful punters the same way these other jokers do? |
#2
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They may if it is fixed price betting as this is run by a bookmaker but if it is just tote bets then never, because they can't lose on tote bets.
__________________
One Drive "If the corporates are treating you poorly , just go elsewhere." "If they need you , they will soon find out." "If you need them , you will soon find out." --moeee _______________________________________________ |
#3
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Almost all bookies run out of the NT can and will ban successful punters.
If a bookie gives fixed prices then its likely they will also ban punters. the tote does not ban successful punters betfair does not ban successful punters |
#4
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Can you elaborate? I mean an exchange makes a commission win, lose or draw, they don't make any more money if punters lose because it's a balanced equation. Whatever comes in, goes out less commission.
I make a living out of Betfair and am curios as to why you would make this statement? |
#5
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Hi Pat123,
My record with corporate bookmakers that are still operating: IAS - partly restricted; Sportsbet - barred; Centerbet - barred; B365 - barred; Betstar - barred; Ladbrokes - barred (account was closed in 7 mins); Luxbet - barred; Sportingbet - can only bet metro and limited to win 5k; Bookmaker.com - barred; Dynabet - severely restricted may as well not bet. The good news though is: Tabcorp - can bet any metro race to win 20k; Top Sport - limited to win 5k before race day but can bet to win pretty much anything on race day; Tatts - same as Tabcorp; Palmerbet - a bit up and down but seem to get a reasonable bet on metro less so on provincial and country. Other than these I use bowlers and a commission agent on track. My suggtestion: Target one of the cowboys at a time and hit them as hard and as fast as you can. You are going to get barred anyway if you are a winning punter so at least get some of their money.
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Regards Paul Daily - Ratings2Win Pty Ltd (Director) R2W Axis - Axis is Australia's leading horse racing software and database; with sophisticated form analysis tools and accurate performance ratings that include Hong Kong. http://www.ratings2win.com.au/ |
#6
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Thanks for the replies.
Has anyone here been banned from using fixed odds with the TAB? |
#7
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Mark,
I think RiconPaul was referring to you insinuating betfair will ban you. The only known reason I know betfair will ban you is for betting too small. |
#8
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Quote:
Thanks for the reply Mark, and I'm with you on the online bookmakers and their tactics. What I fear most isn't the issue of being banned from betting, as I don't use any of them and never will. What I am concerned about is how they're 'killing off' the oncourse bookmakers and their livelihood. I rely first and foremost on the oncourse bookmakers prices in the system I use and rue the day when all I'll be presented with is a synthetic contrived opening price provided by online bookmakers, to lead everyone down the NT garden path? But by way of clarification to my original post, I was talking about your statement that Betfair could ban successful punters. I glean that you primarily Lay or Trade so you would use Betfair exclusively? Aren't they in a different category? I've googled whether anyone has been banned by Betfair and the only instances refer to underage bettors, false identities or forum posters getting out of control. |
#9
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What were they banned for ? I actually know of two reasons:
1. Betting too small. 2. When people reach the premium charge they create a new account. Apart from that I have not heard of anyone getting their accounts banned. |
#10
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Found this on the Betfair oz website:
We won't shut you down if you're a winning customer - winners are welcome at Betfair. Unlike bookmakers, we won't limit your stake size or close down your account if you're a successful punter. Bookmakers make their money from losing customers, so winning punters are often marginalised. If you're a successful punter, you will love Betfair. |
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