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New to matched betting?
My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
It can be frustrating, but gambling operators must ensure that their customers can afford to wager with them. Requesting a bank statement to prove your source of funds isn’t unusual.
If you’re uncomfortable providing them with the documentation they’ve requested, that’s fine, but unfortunately, they’re within their rights to restrict your account unless they get what they need.
Hi @carloshalpinos,
For future reference, if you want to lay the last leg of an accumulator where all other legs have won, you simply enter the accumulator odds as your ‘back’ odds and the ‘lay’ odds for the final selection.
For example, using your odds above, if you staked £10 on your acca, the calculator tells you to lay £122.95 on Argentina for a minimum profit of £112.95.
I hope that helps.
The project is called ‘GamProtect’.
If the participating operators identify a customer displaying high-risk behaviours, they pass that information on to GamProtect. GamProtect can then notify the other participating operators so that they can also take necessary action to reduce the potential of that customer coming to harm.
The information being shared is limited, so I don’t think there’s any greater concern than usual regarding the closing of profitable accounts. GamProtect just enables operators to match up customers that need protecting.
In theory, you should make a bit more profit in the long run by underlaying.
I’m not sure it’s worth it, though. I think it’s better to take the smaller fixed profits and eliminate the variance that underlaying brings.
Like with matched betting, you need to be selective when looking at casino offers. As you say, the wagering requirements for a lot of offers make them unprofitable, but there are plenty of opportunities around.
Gambling operators are well within their rights to run source of wealth checks. They must ensure that the money a customer is betting with is theirs.
Once you provide the requested documentation, the funds should be released without problems.
It sounds like you’ll get a free bet equal to 20% of your initial deposit.
It’s not a great offer, though, as the eligible odds of between 1.01 and 2.00 means you’ll only be able to convert the free bet into around 50% cash.
Hi @koreanpride,
Bookmakers are well within their rights to run source of wealth checks. They do this to ensure that the funds a customer is betting with are theirs.
If you want to use your restricted accounts for matched betting, you must provide them with the requested documentation.
Thanks for getting the thread started, @neil-s!
My dedicated Cheltenham Offers page is now live, so keep an eye on that for all the best offers as they drop.
Hi @matthood86,
Sorry for the late reply. I don’t think Betfair offer a market for this.
You should find it at Smarkets though. They have a ‘First half Blackpool over/under goals‘ market.
I hope that helps.
Hi there,
If you have a restricted account, partnering brands will likely restrict your account upon signing up with them, so I don’t know that closing an account makes a difference.
888sport acquired William Hill earlier this year, so that could be why you’ve been restricted with both brands. I think Gala are part of the same Group as Coral and Ladbrokes.
I hope that helps.
You would only be able to lay that combination at Smarkets.
Yes, @dvermeulen,
You can lay that price boost in the ‘Match Odds and Over/Under 3.5 Goals’ market at Betfair or the ‘Winner and Over 3.5’ market at Smarkets.
I hope that helps.
I’ve made my fair share of mistakes over the years, @martwelton13.
Try and think of the money lost as an investment towards being a more experienced matched bettor. As Neil said, it’s a mistake you won’t make again.
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