You may be a huge fan of placing your sports wagers online and not only it is extremely convenient but the bonuses, as well as rewards you can earn, will really boost the bankroll. Online betting websites like https://www.lostivan.com constantly analyse each user’s betting actions to see what kind of bettor they are. If a user is deemed to be of low value, then it is likely that their account will be limited in some way. Some sites will also go as far as closing their user’s accounts too. whether your account is limited or termed as closed this will be frustrating for you.
Why sports betting sites limit their account?
The frustration will often cause affected bettors to complain that they have been treated unfairly on their site. Bookmaking is not a public service as you will notice because all of them whether online or offline are commercial operations. They do give service but they also take wager for their own benefit. And not for the advantage of their users on their site.
There are some reasons for betting sites to limit their users too as they suspect arbing and bonus abuse.
What is arbing?
Arbing basically is the act of arbitrage betting online which usually bookmakers hate a lot. It involves placing types of wagers on different results with more than one bookmaker to make a guaranteed profit regardless of what the actual result is. The competitiveness of these odds is offered by the online gambling sites which are combined with the rise of betting exchange. This led to a growth in the Availability of arbitrage betting options. This takes a lot of advantage of bookmakers services without assuming any kind of risk so it is understandable why they don’t like the practice.
When they suspect a user of arbing then it will be a matter of time before they restrict their account on the site. they may also go as far as their account closure too.
What is bonus abuse?
Virtually all the online betting sites offer some bonuses to the new users and also some additional bonuses to their regular users as well. many sites also run some promotional as well as a special type of offer too. These are sometimes open to what the industry terms as abuse and those who abuse this are potentially risking this advantage being taken away.