Hilarious cut stakes for new account

[motorhead]

I'll let the pics do the talk:

[Euler]

Sportsbook though isn't it?

[Michael5482]

I'll let the pics do the talk:

Personally don't see much wrong here, it's a new account (possibly not been KYC?) there's only £235 in the account and someone's constantly trying to put a £100 (just over 40% of the balance) on IPT/Challenger game winner markets which will set alarm bells ringing at Betfair especially if it is the sportsbook which it looks like it is.

Obviously people will have a different opinion but stuff like this is just counter productive and doesn't do much for the pro gambling argument.

[motorhead]

Personally don't see much wrong here, it's a new account (possibly not been KYC?) there's only £235 in the account and someone's constantly trying to put a £100 (just over 40% of the balance) on IPT/Challenger game winner markets which will set alarm bells ringing at Betfair especially if it is the sportsbook which it looks like it is.

Obviously people will have a different opinion but stuff like this is just counter productive and doesn't do much for the pro gambling argument.

of course it went through KYC, by that I mean ID and utilities, unless you mean something else.

that 235£ happen to be half of what you are allowed to deposit as someone under 25 years of age (500£ monthly). Tho same issues arose on over 25yo.

Yes I'm staking 40% of the bank, I guarantee you this issue doesn't show up even staking 100% of the bank on other accounts, it is just not that the problem.

I typed 100£ for brevity, I could have just as well typed 42£ the result was the same.

They allow hundreds in winnings on itf, let alone challengers, here they are accepting a liability of 117£ on a masters 1000 singles match, this is only a step below slams. 800£/1000£ is give or take the amount they allow on such a bet on non restricted account.

I don't understand what you mean by pro gambling argument.

[LeTiss]

You mean those tweets I see where somebody has won £272,000 on Bet365 after posting a £400 correct score double are possibly not true??

All Sportsbooks have limits, especially on new accounts

[Euler]

This is the sportsbook though, isn't it?

[motorhead]

This is the sportsbook though, isn't it?

yes of course, how could there be limits on the exchange.

[Euler]

I can't ever remember having a normal stake on the sportsbook.

[motorhead]

You mean those tweets I see where somebody has won £272,000 on Bet365 after posting a £400 correct score double are possibly not true??

All Sportsbooks have limits, especially on new accounts

you are not going to have those limits reduced (allowed to bet more) by betting those reduced stakes.
you could make the argument that if had used the exchange long enough these cut stakes would not be in place on this new account.

I didn't check the sportsbook stakes in what is my non restricted account when it was newly opened, it could very well be that I had those same restrictions at first but then they lifted those as I kept using the exchange.

[motorhead]

so, in short, sportsbook stakes might very well be dependent on exchange volumes. not something I would ever thought about.

[Michael5482]

Personally don't see much wrong here, it's a new account (possibly not been KYC?) there's only £235 in the account and someone's constantly trying to put a £100 (just over 40% of the balance) on IPT/Challenger game winner markets which will set alarm bells ringing at Betfair especially if it is the sportsbook which it looks like it is.

Obviously people will have a different opinion but stuff like this is just counter productive and doesn't do much for the pro gambling argument.

of course it went through KYC, by that I mean ID and utilities, unless you mean something else.

that 235£ happen to be half of what you are allowed to deposit as someone under 25 years of age (500£ monthly). Tho same issues arose on over 25yo.

Yes I'm staking 40% of the bank, I guarantee you this issue doesn't show up even staking 100% of the bank on other accounts, it is just not that the problem.

I typed 100£ for brevity, I could have just as well typed 42£ the result was the same.

They allow hundreds in winnings on itf, let alone challengers, here they are accepting a liability of 117£ on a masters 1000 singles match, this is only a step below slams. 800£/1000£ is give or take the amount they allow on such a bet on non restricted account.

I don't understand what you mean by pro gambling argument.

I've just looked at a Challenger event Vinalos v Misolic which is now in-play. Match odds has £5k traded on it and Game 2 had £0 traded on it with no offers at all in the market, game 3 looks no better.

What your trying to do is out of context compared to the market (probably with the sportsbook and deffo the exchange) so Betfair sportsbook will be thinking no liquidity on the exchange, trying to get on with 3 figure stakes he's a possibly a courtsider or they have a heart of gold and trying to save you form yourself due to your age/stake/behavior.

I understand the £100 for brevity but the fact your trying to put the bets on no matter stake looks desperate and erratic. Anti-gamblers have a field day with stuff like this, it's just ammunition for them.

[motorhead]

what on earth are anti-gamblers?

this conversation would be so much easier if I had bothered to make screens from both a restricted and a non-restricted account, again, betfair does allow you 3 figures at itf (sportsbook), hell, they can allow you 4 if at around even (I could post screens).
they don't base this decision cross-marketing how much is matched on the exchange, of course there's zero on game winner market in the exchange for a challenger. there's peanuts on game winner market at slams!!!
courtsiding will get you nowhere, clubs have fiber-optic transmission man.

like said, and I am realizing this only today, sportsbook stakes are dependent on exchange history, I'll be very happy to be proven wrong.
I should probably edit the title 'regular stakes for new account'

[Michael5482]

what on earth are anti-gamblers?

this conversation would be so much easier if I had bothered to make screens from both a restricted and a non-restricted account, again, betfair does allow you 3 figures at itf (sportsbook), hell, they can allow you 4 if at around even (I could post screens).
they don't base this decision cross-marketing how much is matched on the exchange, of course there's zero on game winner market in the exchange for a challenger. there's peanuts on game winner market at slams!!!
courtsiding will get you nowhere, clubs have fiber-optic transmission man.

like said, and I am realizing this only today, sportsbook stakes are dependent on exchange history, I'll be very happy to be proven wrong.
I should probably edit the title 'regular stakes for new account'

Anti-gamblers are the people/groups/activists who for the past few years have led campaigns based on an anti-gambling agenda, lobbying the Government for major gambling legislative change, attempting to restrict gambling for the masses (no doubt ban it if they could). Still a way to go but at this point in time it is an argument they are very much winning and will no doubt be pushing for more legislative restrictions than the white paper details claiming it doesn't go far enough.

Been in the news quite a lot over the past year.

[LeTiss]

I am realizing this only today, sportsbook stakes are dependent on exchange history

I've never dared arb on the BF Sportsbook, as bookies ban you straight away. That would be a disaster.
I've never used the Sportsbook to offset any liabilities during an outage either, as invariably they both go down together

However, on Saturdays I enjoy having a £20 goals accumulator on various matches - I use the BF Sportsbook for this.
What I have noticed is that they often trim prices for me, in between clicking on the price and getting to place the bet.
Perhaps I'm just being paranoid or cynical, but my eyes work fine. I can see what happens!

They don't restrict my stakes or winnings though, despite paying PC
I won over £1000 in March on a bet, and they were absolutely fine about it

[ShaunWhite]

Anti-gamblers are the people/groups/activists who for the past few years have led campaigns based on an anti-gambling agenda.

There's been anti-harm pressure groups but I haven't heard of any serious anti-gambling ones. The govt(s) make too much money from fags, bets and booze to start having righteous principals and having outright bans.