Matched betting is a method of placing stakes that is fast becoming one of the most popular ways to bet. This format involves pacing separate bets on the same fixture of fixtures that cover all potential outcomes of play. If you’re new to this style of betting and want to find out more, check out our matched betting blog on-site!
Although matched betting is completely legal, many sports gambling sites will not want their members to use this betting strategy. Due to the minimised risk of losing funds with matched betting, many online bookmakers will introduce restrictions and even close accounts suspected of doing so. Here at OddsMonkey, we offer numerous tools and guides to aid in your Matched betting, including this piece on the handling of site restrictions whilst matched betting!
Potential Account Restrictions
There is a range of different ways in which sports betting sites can restrict users’ ability to complete matched betting stakes successfully.
Limited Promotional Offers
One of the ways in which bettors can get the most from matched betting is through the use of promotional offers that betting websites offer their clients. In particular free bet stakes can be used to pay for one of the wagers in matched betting, resulting in a lower cost no matter the result. Sports betting websites that suspect a user of matched betting can limit the number of promotional offers that these users receive.
Reduced Maximum Bet Stakes
Another restriction that sports betting websites can implement is based on the stake limits users can place in a fixed amount of time. This can hinder matched betting potential as users might not be able to place stakes large enough to avoid making a loss. The Lay bet is matched betting can vary in value depending on the odds of a team or side not winning; these values can easily be worked out with matched betting calculators!
Restricted Odds Access
When it comes to placing stakes on matched betting, the odds included can determine the cost and potential returns on offer. Sports betting sites can make it harder for matched bettors to find appropriate odds to place stakes on by restricting the odds or market types they are eligible to use. It may be more difficult to ensure the matched betting stakes provide the lowest chance of losing with odds restrictions in place.
In some extreme cases, the betting site you are using can lock the account, making the user unable to log back in for a fixed period of time. Alongside missing out on the ability to place stakes on fixtures during this time, any funds that are held in your account will not be refundable. This is a serious measure that many sites will try to avoid though there are plenty of other side hustle ideas you can look into should your account be blocked!
How To Handle Account Restrictions Whilst Matched Betting
There are a number of ways in which bettors can minimise the risk of websites implementing any of the restrictions mentioned above. There are also a number of ways in which you can continue to place stakes on upcoming sports fixtures once a site has restricted full access.
The first piece of advice we would give anybody looking to start matched betting is to use different sites to place their Lay and Back bet on a fixture. This makes it harder for the website to detect that users are covering all potential outcomes as the stakes are placed on different websites. It is important to remember that the same company could own different sports betting websites and could detect what you are doing across their sites. Using different sites can also help bettors to take advantage of promotional offers that sites have available; one of the matched betting features we provide is updates on promotional offers you can claim!
Another way in which bettors can continue to place matched betting stakes without raising suspicion is to avoid obvious betting patterns. By varying the types of bets used, it can be more difficult for online bookmakers to identify those placing matched betting stakes. You may want to try a different betting style with one of the bet calculator tools that we offer, such as the Heinz Bet Calculator for the 57 different stakes included in this format!
It is important to maintain the idea that you are following responsible gambling habits, even when placing matched betting stakes. The stakes sizes placed should reflect that of a normal sports bet as much as possible; the bookmaker should not suspect you have another bet safeguarding all outcomes of play. In the same way, placing regular bet stakes can ensure bettors remain eligible for promotional offers, which can be used to pay for part of a matched betting stake!
OddsMonkey Matched Betting
The restrictions that online sports gambling websites introduce can prevent matched bettors from placing stakes that offer the best potential to maximise profit. One of your most powerful tools for ensuring that restrictions do not disrupt stakes is the use of a dedicated matched betting website such as OddsMonkey.
Alongside informative guides for newcomers to this betting method, such as the matched betting beginners guide, there is a range of tools and features to make use of on-site. Whether you are looking to learn more about the basics of matched betting or try out a new bet format using the variety of bet calculator tools that we offer, OddsMonkey has something for everyone.
If you’re still undecided as to whether matched betting or the service we offer bettors is right for you, check out the matched betting success stories of previous and current members on-site. It is important to remember that matched betting does not guarantee a profit and is in no way intended as a method of getting rich. This style of betting is great for those looking to make a bit of extra money on the side and requires plenty of time and patience.
For more information on restricted and gubbed accounts, check out our matched betting blog for more articles.