Bookmaker limitations aim to restrict or lower the maximum stake you can place on any of your bets. Additionally, bookmakers can close an account if they feel that the gambling problem is uncontrollable. Hence, frustration is commonly felt by several gamblers in Singapore sports bet. Since technology advances, various betting has been done online.
An online sportsbook in Singapore is responsible for setting limitations on a bettor’s account. Some reasons include: the account is winning too much; taking advantage of bonuses and promotions; having multiple accounts on the platform; potential arbitrage, betting weird amounts, and behaviour. These limitations are their means of protecting themselves from losing money. Despite these restrictions, bettors are expected to understand the situation.
Is it legal and ethical?
It is legal for sportsbooks to limit, close, or not accept your wager, depending on your betting activities. They have no obligation to accept your stake, and similarly, you are not forced to take a bet. When you enter the field of sports betting, it is essential to remember that sportsbooks are in business, which implies that getting a profit is their number one goal. An account that is winning too much does not help increase its profitability. Thus, they will do things that might seem unethical to you to protect their profit. However, there are ways to avoid having your account banned and limited.
Tips to Avoid Bookmaker Limitations
Here are some tips you can use to protect your accounts and avoid bookmakers’ limitations.
- Begin small and gradually.
- Place your bets on round numbers.
- Do not overuse promotions and bonuses.
- Make use of mug bets.
- Keep track of your results.
- Avoid the use of multiple accounts.
Dealing with a closed and limited betting account is part of being a sports bettor. Either you will play smart or accept the fact that you are banned. To provide you with more strategies to avoid bookmaker limitations, here is an infographic from 88ProAsia and 88Probet.