This week I thought I’d look at a few ways in which we can maintain our accounts with the bookmakers. Follow these three steps and in an age where bookies seem to shut people down left right and centre we can, by following these three steps keep them open for longer.
Rule number one is to open as many accounts as you can and spread your money about as best you can. It’s so much easier these days and you can simply go online and find a massive list of bookies to sign up to.
Rule number 2 is to spread your stake about between these various bookmakers so you look like a small time punter to each one. Even a £100 bet can be seen as a large stake to a lot of bookies and they’ll watch you more closely. Stick to £25 bets and spread them about.
The final rule is a bit more tricky but once mastered can leave you with more accounts open than you would have normally had you not done this. Simply upping your stakes slightly on an over-bet favourite and then laying it off on Betfair.
You will lose a small proportion but the idea is that once your over-bet jollies start to lose, the bookie is happy because your account is not in profit with them but you have simply “shifted” money from one account to the other for a minimal fee and you can then pull your profits from Betfair.
I know many people that use this technique now and as part of their working day they are constantly moving money between various accounts and then filtering it all through the exchanges.
Of course you need to be successful first and this can take time and practice. It took me long enough and I learned from one of the best in the business!
So move your money about a bit more and you’ll be able to use the bookies for longer than most people.
Never had an account closed and can’t afford £25 stakes
why not just bet on betfair exchange in the first place you get a lot better odds it is not going to get closed down for winning dont need to bookies accounts
Hi Colin,
Although I agree to an extent I still try to get on with the bookies for various reasons. I seek early value, so for example, I might see a horse at 10/1 with the bookies but at the time there is only about 8 quid on the exchanges at that price. By the time of the race the value of the horse has gone and it’s 5/1 on the exchanges. A lot of profit for a lot of professional punters is to get those early prices before the market corrects itself and shortens up.
Eddie
obviously this is just a way to get peoples emails adresses to bonbard them with links to open bookies accounts
Hi Colin,
I can’t see any links anywhere or somewhere to put your email address 😉
Eddie
you dont have to win much before the greedy bookies close you down or restrict your stake, i have been restricted or closed down by 11 bookies i think once you win a nice amount word gets round the bookies and you are carefully moniterd, betting online seems to be the worst affected you are only left with Betfair you wont be restricted with them because they take a commission on the win
Hi,
Bookies do communicate with each other. Take it from someone who used to do that particular job for the bookies!! It’s not necessarily about the winning though contrary to common belief. I used to shut down account from punters who were showing a loss. The reason being is that they were consistently beating the SP. This meant that mathematically they were going to win and understood how the markets worked.
I’ve written many an article about this and if you can consistently beat the SP you will make a profit in the long run. I am constantly monitoring the prices I take and calculating the edge I have over SP. At the moment of writing it stands at around 0.57% which is low but goood enough to see around a 9% ROI so far this year 🙂
I will cover more of this stuff in the future and together we can beat the greedy ones 😉
Eddie