Bet365 deecreased my betting imit

[kaszino]

If the betting limit is same low for every customers, then it is OK, but if they cut one customer's limit to 1% it is discrimination.

[ugaboga]

Originally Posted by wangpoker

Sportsbooks low betting limits to protect their business. It's normal! It's not a kind of discrimination at all.

If you are limited and don't like it, go to other sportsbooks.

A reputable sportsbook would not do this.

Kaszino, I'd recommend you try Centrebet. Or even Sportstab (tabcorp) for large stakes. Neither of these would limit you for winning, at least Centrebet did not do so when it was owned by Terry Lillis.

[shaunm]

Originally Posted by kaszino

If the betting limit is same low for every customers, then it is OK, but if they cut one customer's limit to 1% it is discrimination.

If someone has $4000 on a selection the bookmaker has to think how much they're going to lose if the selection wins, they've then got to balance this with all the other selections in the event so they are right to limit this guy. if you have $4000 at 4/1 your not gonna get another $4000 on at 4/1 are you? they'll either cut the price to about 2/1 or limit your stake, thats whats most commonly done, no discrimination at all.

[ugaboga]

It is discrimination because they are singling out a knowledgeable punter. They are limiting him on all events or only those events which he seems have a strong win-loss ratio in.

Now the issue here is that they would allow another punter to place the $4,000 but not him. Anyone reputable sportsbook would have a fair playing field for all customers.

[shaunm]

Originally Posted by ugaboga

Now the issue here is that they would allow another punter to place the $4,000 but not him. Anyone reputable sportsbook would have a fair playing field for all customers.

if you read his first post HE was the one who placed the $4000 bet so that's why they have limited him.

[ugaboga]

Yes but the limit does not apply to others who would like to place a $4,000 bet on the same outcome....

[shaunm]

Originally Posted by ugaboga

Yes but the limit does not apply to others who would like to place a $4,000 bet on the same outcome....

if 10 people put $4000 then tried to get more on, every single one of them will be limited if they try to get more money on, they wouldn't just limit the one person, they're not bothered who bets on a market, they're all about business and to be fair, if he didn't like hit he could have bet with someone else. just my opinion

[lojo]

Originally Posted by shaunm

if 10 people put $4000 then tried to get more on, every single one of them will be limited if they try to get more money on, they wouldn't just limit the one person, they're not bothered who bets on a market, they're all about business and to be fair, if he didn't like hit he could have bet with someone else. just my opinion

The correct mechanism is to adjust the odds, not limit bets.

[shaunm]

i just posted this in the other thread...

if there are 99 £10 bettors and 1 £20,000 bettor, and he/she puts £20,000 on a horse at 10/1, and the bookmaker cuts the price to 6/1, is it fair that all the £10 punters have to take this price? if you limit the big staking bettor, then he has £20,000 at 10/1 and the £10 bettors can get their money on at 10/1 so everyone is happy.


i think if the bookmaker thinks the horse will win and they have liabilities on a certain horse then they should cut the odds, but if someone has lumped alot of money on it, i dont think the small time customers should have the reduced price.

[GrandMaster]

Originally Posted by kaszino

I live in Hungary, I do not know the rules in the UK or in the country where Bet365 is registered.
In Hungary you cannot behave like that. No discrimination between customers. The price is the same for everybody. You cannot ban people without proper reason.
Maybe in the UK if you run a business you can tell to a customer, I do not like your face, so get lost. In Hungary no. And if think so this is fair, because if you got a permission from the goverment to run a business, then you should not make any discrimination, like the goverment does allow discrimination between people.

1. Running a business in the UK or in Hungary does not need a permission from the government, only certain specific kinds of activities.
2. I challenge you to find a Hungarian law that says all kinds of discrimination are illegal. Do you also claim that Hungarian insurance companies insure all cars at the same premium, irrespective of the type and value of your car, your age, gender, address and claim history? Do Hungarian banks lend money to all people at the same interest rate? Do Hungarian businesses pay everyone the same salary regardless job title, qualifications and competence?
3. Do you claim that Gipsies are not disciminated against in Hungary?