Good way to avoid being shut down?

Would trying to lose on the majority of your free bets (betting on unlikely outcomes) help you reduce the risk of being shut down by the bookie?

If you did this, you are “losing” your money with the bookie, so surely they wouldn’t want to shut you down. And you would be making the profit on your smarket account.

Or would smarket then close you down?

Have I missed something? Any help would be appreciated?

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lesterkitching
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July 2, 2016 at 7:58 pm

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God 0 July 2, 2016 at 9:04 pm

1. You would think that would be the case with most bookies but unfortunately not, to avoid gubbing you need to act like a regular customer; do the odd accumulator every now and again, place real money bets etc.

2. I’m sure that Smarkets won’t shut you down as they are commission based and they are working in conjunction with matchedbettingblog.com so I’m sure they are fully aware of people using matched betting on their site.

Hope this helps:)

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lesterkitching 0 July 2, 2016 at 9:17 pm

You can always match your non-offer bets though can’t you, as you would a qualifying bet to essentially make it relative low cost. Then the bookie wouldn’t be able to pick up on that would they?

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God 0 July 2, 2016 at 11:42 pm

Exactly mate, just make sure you don’t use companies that are joint to do your back bets and lay bets, e.g. Paddy Power and betfair

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jameslegg97 11 July 5, 2016 at 5:58 pm

Smarkets actively support matched betting. From the exchange perspective you are making them money due to commission – and when you win a back or lay you aren’t taking their money, you’re taking whoever you backed/layed against.

With Smarkets specifically, I don’t know the exact connection to the blog, but I think it’s safe assumption that they back it financially. Their hand in this blog means they actively encourage, not just allow it!

I think there is some truth in always losing at the bookie to be honest. You can see this from people that have kept their Bet365 accounts, I think. Bookies don’t like people who win. Everything’s speculation though really. I’ve not bothered with ‘mug bets’ because there is absolutely no guarantee that it will make any difference, and life’s too short to waste time doing them, in my opinion. Sure, it might work, but you’ll never know if that’s the case or not. My advice is to not get hung up on not getting gubbed. It happens to everyone.

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gultec 0 July 13, 2016 at 6:35 pm

I think the best way to prevent banning is avoid surebets…recently I did a couple of bets in Paddy Power in the Summer League of the NBA, for unblock a bonus in another site (PaddyPower had better odds in this market than any exchange, including Smarkets, so I place my “lay bet” with them). A couple of days after I received an email saying I was excluded from any promotions in the future. I didn’t even realize these odds were too good…it was a surebet (not with the site where I was unblocking the bonus, but probably with exchanges).

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Bazza74 12 July 20, 2016 at 8:25 pm

Surely the bookies are on to you as soon as a free bet is settled. I for one would be suspicious if i was a bookie, If a new customer deposited the required only £10 to trigger a £25 free bet

example.
First bet £10.00 at 2.0 (bookie thinks seems like a normal punting bet). Trigger’s Free Bet £25.00 @ 9.0+ (seems a bit odd, compared to new customers first bet).

Or am i just being paranoid. 🙂

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