Bookies closing accounts

[Shaun342]

Hi folks, noob here so forgive what might seem a stupid question(s).

 

I've just started blindly following a paid tipster service which is going okay so far, mainly betting on btts markets using Betfair. Just wondering though if things keep going well and my bank, stakes and profits continue to rise is there a danger i could get the account closed? Is that actually a thing? Do bookies close accounts if they feel you're doing too well?

Another question then - how come the exchange btts prices aren't as competitive as the sportsbook prices? Or do they get better the closer they get to kick off? I'm figuring they don't care how successful you are on the exchange as they get commission regardless.

 

Thanks in advance ??

[harry_rag]

2 hours ago, Shaun342 said:

Just wondering though if things keep going well and my bank, stakes and profits continue to rise is there a danger i could get the account closed? Is that actually a thing? Do bookies close accounts if they feel you're doing too well?

Yes it is a thing, though it’s more likely your stakes could be limited in the first instance. The Sportsbook are known to generously allow your account to remain open whilst setting the maximum stake limit to zero. No one can say if or when you might get limited, some of us are limited with firms that others can bet freely with despite having won far more money off them. Betting on btts doesn’t sound too risky though, compared to picking off early horse prices or best prices in niche markets.

2 hours ago, Shaun342 said:

Another question then - how come the exchange btts prices aren't as competitive as the sportsbook prices? Or do they get better the closer they get to kick off?

Probably, there might be less liquidity early on. You could try placing a request for your desired price. As you say, no risk of being limited if you do well on the exchange.

[Shaun342]

Thanks for the reply, much appreciated ??