Will Bookmakers Suspend/Restrict My Account if I Profit in the Long Term?

[deathes]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

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[Bttzed03]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you are winning a lot of money, you will most likely be investigated and asked to undergo KYC verification. Whether they will suspend/restrict/ban your account depends if you are strictly following the rules the casino have set (i.e. not playing from prohibited jurisdictions, not playing with multiple accounts, not underage, etc.)

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are many reputable platforms here but do not mistake "reputable" as not having the ability to lock your account. AFAIK, all long time bookies here have had cases of account suspension/limitation in the past. Again, follow their T&C and you should be 90% okay playing.

[tyKiwanuka]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you profit, you are not losing In general bookmakers don't like winning players, which makes sense, because it reduces their own profits. So 99% of them will limit your account sooner or later, if you win longterm (and make frequent withdrawals). There is some threshold though, i.e. if you win $5 per month on average and withdraw them, this won't get you a limit. Things get different when it's $500 or more....

It kind of makes sense or is understandable, but I think bookmakers limiting policies are too strict nowadays. They are greedy just like all their customers are - human nature.

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

Exbet launched their BTC betting exchange just recently and you won't get limited there for winning. As you anticipated correctly, they don't care, if you win or lose, they make their money with commission. They are still in early stages though and it will take some time until more markets are added and there is more liquidity. But it looks promising all in all.

Fairlay is another one.

[deathes]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you are winning a lot of money, you will most likely be investigated and asked to undergo KYC verification. Whether they will suspend/restrict/ban your account depends if you are strictly following the rules the casino have set (i.e. not playing from prohibited jurisdictions, not playing with multiple accounts, not underage, etc.)

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are many reputable platforms here but do not mistake "reputable" as not having the ability to lock your account. AFAIK, all long time bookies here have had cases of account suspension/limitation in the past. Again, follow their T&C and you should be 90% okay playing.

I always abide by TOS since I don't want to give any excuse to bookmakers, but in the past I had trouble withdrawing from known fiat bookmakers although I had full verification (ID, bank account, photo etc.) and in total I broke even or made a very slight loss. Although I got my money back it simply took too much time, review process etc. and they made things really hard for me later.

I just wondered if things are better or worse in the bitcoin side and people sharing suspension/trouble reports about cloudbet, nitrogen etc. (rather known bitcoin bookmakers) has already made me suspicious. I hope to profit in very small amounts if at all since I think I'm better than an average better but if this is going to lead me to troubled times and losing money instead of earning, I shouldn't even think about starting.

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you profit, you are not losing In general bookmakers don't like winning players, which makes sense, because it reduces their own profits. So 99% of them will limit your account sooner or later, if you win longterm (and make frequent withdrawals). There is some threshold though, i.e. if you win $5 per month on average and withdraw them, this won't get you a limit. Things get different when it's $500 or more....

It kind of makes sense or is understandable, but I think bookmakers limiting policies are too strict nowadays. They are greedy just like all their customers are - human nature.

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

Exbet launched their BTC betting exchange just recently and you won't get limited there for winning. As you anticipated correctly, they don't care, if you win or lose, they make their money with commission. They are still in early stages though and it will take some time until more markets are added and there is more liquidity. But it looks promising all in all.

Fairlay is another one.

Thanks, you confirmed my thoughts. I saw Fairlay and Exbet. Exbet seems very new so I think I'll try Fairlay.

[fiulpro]

The good thing with gambling in cryptocurrencies like Bitcoins is :- If they do that just make a new account and get started again until and unless they think about closing it, keep withdrawing the funds on time since you never know when they would even freeze that.
I do believe you have to understand that this happens in casinos too, they filter out the good players and ask them to leave , no one wants to have a guy on winning spree in their casino 😂 , this is natural , they are just scared of those people and might think that those people are using some underhanded methods to do that. Therefore they do believe that they might have to look into it, make the game harder , make sure they don't loose a lot ...this is quite normal.

If you are a professional and don't use anything else to win then you have nothing to worry about.

[Becky666]

If your winnings aren't illegal then nothing will hold back your account on casino with Bitcoin payment, am happy to hear "long-term" with the casino which will definitely yield more winnings into your account. My candid advise to you is: If you have such motive to gamble on a long-term while accumulating your profits on a casinos, ensure to choose the best casino to avoid be scam at the end. There are casinos with less emphasis on reputation and feed-backs; those sect can disappear at anytime, so, choose a long standing casinos.

[robelneo]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

They should not if you are following their rules, and they do not have anything on your account or they will be reported as giving false accusations and we all know that if the gambling is giving false accusations, they will be tagged and reported in the scam section.

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are many sports betting sites here with a good reputation, in fact, some of them are running a signature campaign here, do check them out the gambling industry does not lack good and highly reputable gambling sites and members of this forum are supporting them.

[Bttzed03]

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I always abide by TOS since I don't want to give any excuse to bookmakers, but in the past I had trouble withdrawing from known fiat bookmakers although I had full verification (ID, bank account, photo etc.) and in total I broke even or made a very slight loss. Although I got my money back it simply took too much time, review process etc. and they made things really hard for me later.

I just wondered if things are better or worse in the bitcoin side and people sharing suspension/trouble reports about cloudbet, nitrogen etc. (rather known bitcoin bookmakers) has already made me suspicious. I hope to profit in very small amounts if at all since I think I'm better than an average better but if this is going to lead me to troubled times and losing money instead of earning, I shouldn't even think about starting.

It's been known to us that fiat based bookies are more strict in implementing standard gambling rules and regulations compared to pure crypto based casinos. If we're to compare the number of accounts suspended, there are probably way less cases on this side. You should be alright playing if you abide by the TOS as you said.

Betnomi has some good promotions going on for new players but I've read some cases of limiting bets. You can check them out.

[safari88]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

honestly they won't unless if they find suspicious maybe like cheating also they might ask you to undergo KYC as well. i don't think they can't close an account just because you are winning in long term.

[sunsilk]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

I don't think that's the reason if they happen to suspend your account. There must be some other reasons that have been caught with your account that led them to do that. Like inappropriate login activity.

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are many reputable sportsbooks out there. They wouldn't care if you profit a lot from them as long as there's nothing wrong with your account and your wins are legit.

[ethereumhunter]

I guess so

They don't like to see gamblers can win much money from their site. They will try to check your account and find your mistake so that they can suspend or restrict your account. But if they can not get something wrong from what you did before, they will not do anything, but your account will still under watch by them.

[kryptqnick]

If it's a reputable online crypto casino, I don't think your account will be restricted because that would be unfair and the casino would get negative trust. Whatever you might win in a good popular casino is incomparable with what they'll lose from other customers if they don't pay you. At least, that's how I see it, but of course I might be wrong, so it's important to hear other opinions on the matter.
So be prepared to undergo examination if you indeed win a lot and often. Make sure you're not breaking any rules (keep in mind that finding a vulnerability of a casino and exploiting it is against the rules, so in this case your account will probably be blocked) and that you're using a good casino (choose one with positive trust on Bitcointalk to be sure).
If it's sports you're interested in, try Sportsbet.io.

[AmoreJaz]

If it's a reputable online crypto casino, I don't think your account will be restricted because that would be unfair and the casino would get negative trust. Whatever you might win in a good popular casino is incomparable with what they'll lose from other customers if they don't pay you. At least, that's how I see it, but of course I might be wrong, so it's important to hear other opinions on the matter.
So be prepared to undergo examination if you indeed win a lot and often. Make sure you're not breaking any rules (keep in mind that finding a vulnerability of a casino and exploiting it is against the rules, so in this case your account will probably be blocked) and that you're using a good casino (choose one with positive trust on Bitcointalk to be sure).
If it's sports you're interested in, try Sportsbet.io.

if he will stick to the rules by the casino, and play in a reputable site here, he may not get into trouble. thats right! dont make any action that may trigger the site to freeze your account or anything on that matter. and also as much as possible, play in the known bookies here in the forum. if you will encounter any issue, a lot will help your case if you are on the right side of things.
because if the casino doesnt want to ruin their image, they wont do anything stupid from their end.

[coupable]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you profit, you are not losing In general bookmakers don't like winning players, which makes sense, because it reduces their own profits. So 99% of them will limit your account sooner or later, if you win longterm (and make frequent withdrawals). There is some threshold though, i.e. if you win $5 per month on average and withdraw them, this won't get you a limit. Things get different when it's $500 or more....

This makes sense to me. It lets me think about the idea that if one account makes 2-3 big withdrawals is in risk of his account being suspended/checked. Do you really think that i have to change the platform after i make some big withdrawals avoiding all breacking-head, or maybe just using the same platform after changing all stuff (device,account,ip,addresses) ?

[harizen]

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it.

The most possible scenario that might happen is, if you are winning continuously then you might hit the bell and will be asked for KYC. Should be an easy task for you.

But it's not that easy for that bell to be hit. We are talking about "continuous" big withdrawals here for maybe a figures of BTC0.1, BTC0.2 (disregarding BTC price) etc. But for the total sum in the long-run, it won't be alarming.

But honestly, you don't have to worry about that at first as if you are sure you will have a continuous winning on your sports betting journey.

[Ryker1]

I guess so

They don't like to see gamblers can win much money from their site. They will try to check your account and find your mistake so that they can suspend or restrict your account. But if they can not get something wrong from what you did before, they will not do anything, but your account will still under watch by them.

Will depend on what casino it is, there are casino who really requires KYC if it reaches some amount that needs to provide verifications to a oil AML. If plans to make money grow in gambling and no plans of withdrawing it until the amount reach better be ready in KYC as well make sure you're playing in too or known casinos who are not willing to risk their casino to find fault in any transactions.

Well, I agree.
I have been here in gambling and has been encountered different gambling sites, they asked for a KYC verification when your fund that planning to withdraw has been reached the maximum amount. I suggest to gamblers that deposit only amount not exceed the limit, --once you have been there, be ready for the KYC. To be honest, an online gambling site that required KYC verification is perhaps less of a user, because most of us are prefer to gamble without KYC. Perhaps, this was already practice to protect our privacy not to involve in cryptocurrency.

[chaser15]

As far as the usual terms are a concern in every gambling site, only accounts that will show unusual activity will be suspended. If you are true to yourself, then it's easy to bypass their possible questions.

There is no reason to just suspend an account if you profit for the long-term.

And besides, there's a record log that will show your winning history, 100% fair and square. Just play at popular betting sites.

[Kelvinid]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

honestly they won't unless if they find suspicious maybe like cheating also they might ask you to undergo KYC as well. i don't think they can't close an account just because you are winning in long term.

This is a common issues why our account is put on hold or blocked, not because you always keep on winning unless that so-called suspicious activities will be verified, then surely that will be the consequences.
@OP, have you did something not right? Because if there is nothing, then you don't need to worry. If that site(where you are playing) hold or restrict, or banned you from betting without any valid reason, then we can't stop to draw our conclusion that they are not legit, probably another scam site.

[SyGambler]

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

pinnacle is the only site with good limits that accept winners , you can use them through fairlay exchange ( same odds most of the times but with better offers in some rare cases ) but I guess since you are a regular winner you already know that

you can also try asian brokers like asianconnect88 but some of the sites they offer can be shady sometimes , for example one of the exchanges they offer called orbit which is supposed to be betfair mirror was raising the fee insanely for winners
they even closed some accounts for winners accusing them of stupid things while in theory they are an exchange and shouldn't care about winners

I never tried betfair but according to one of my friends they can be dicks with winners as well , he mentioned something about paying them a premium on profits when you start to win too much regurarly
so in general be careful with all sites even exchanges

[seleme]

Betfair, Matchbet, Asianodds and Pinnacle are the bookies winners are welcome in all cases. If you are a bonus hunter stay away from the lucrative bonus offers on the first deposit and you are good to go. If you bet against the bookie and the majority of your bets are in profit the restrictions will be applied to your betting account. AFAIK, Pinnacle is the best betting platform for juicy odds and Betfair is my second suggestion depending on the jurisdiction. My choice is always Pinnacle because the perfect sports betting website doesn't exist especially after a few years