One of the most oft-heard stories from profitable bettors is the issue that bookies shut you down. You hear punters complaining about it everywhere.
I get it. You’ve spent years learning how to be successful with your betting and now you are the bookmakers stop allowing you to place bets with them. Or they force you to take odds that will prevent you form making a profit.
But as I see it there’s no point in complaining about it. The bottom line is that will never change.
The bookmakers business is based around losing punters and if you start winning then you taking your winnings from their profits.
If they allowed every winning punter to place bets with them then they would simply go bankrupt.
So… it can never happen!
Which means that there’s only one thing we can do…
…figure out a way to stop it from happening for as long as possible, and when it does happen purely place bets on Betfair.
Why wouldn’t we just start placing bets on Betfair immediately?
Because bookmakers have special offers and Best Odds Guaranteed which make a huge difference to your profits if you can take advantage of them.
That makes our goal to be able to place bets at bookmakers for as long as possible.
And this is how you’re going to do it!
You MUST have accounts with as many bookmakers as possible. You can often find the same odds with bookmakers you may not often use.
As a general rule bookmakers monitor anybody placing bets regularly above £20, which makes rule 1:
Place bets under £20 and spread them around multiple bookmakers
The second part of the strategy for going undetected by bookmakers for the longest period of time is by never taking your profits out from them.
What you need to do is move your money across from your bookmaker accounts to Betfair.
This is done simply by placing bets that are likely to lose and laying them off on Betfair.
You do pay a “fee” for doing this in both your Betfair commission and the difference in odds, although if you’re careful the difference in odds is usually minimal.
But there are a couple of tricks to doing this:
- Never place bets of the same stake and always round them up to the nearest pound.
- Never bet on long shots.
If you place bets of the same stakes then the bookies will very quickly pick up on what you’re doing.
Because most punters don’t use the same stakes and so it flags on your account to be monitored.
For the same reason you don’t want to place bets that have pence in them. E.g. £5.79. You would round that up to £6.
Varying these can go a long way to helping prevent your account being flagged to be watched.
Then you want to make sure you’re not placing bets on horses that are clearly going to lose.
In fact, you are better off placing your bets to move money on soccer matches because there is more liquidity and the difference in odds is usually very small between bookmakers and Betfair.
This allows you to place larger bets to move bigger sums from your bookmaker account across to Betfair and you minimize the cost of doing so.
Of course, sometimes your bet that you’re planning on losing with the bookmaker will actually win.
That happens. Just try again a few days later.
The most important rule to remember is never do anything that’s pattern based, it should be as random as possible.
- Random stake sizes
- Random bets to move money across
- Random time periods between moving your money across
Using this approach you can keep your bookmaker accounts in a permanent loss while you’re actually making excellent profits and moving them over to your Betfair account.