There are instances where bookmakers will decide to limit a user’s account. If an account is limited, there are many restrictions that a user might have to deal with, including a reduced amount of bet they can place and the maximum winnings they can receive for any bets on the platform.
But why do bookmakers limit accounts? They aim to protect themselves as some behaviour of gamblers is considered risky for their business. Often, bookmakers believe that such accounts subjected to limitation engage in fraudulent tactics, especially if betting is done online.
There are many various reasons why an online sportsbook in Singapore might limit a user’s account, and some of these are:
- Too many wins – This is perhaps the leading reason bookmakers decide to restrict an account. Of course, for punters, constantly winning is excellent for them to make money. However, it is not favourable for the sportsbook. After all, the bookmaker’s goal is to make a profit.
- Abusing bonuses and promotions – It is common for sportsbooks to offer users many promotions and bonuses to attract new customers while making them satisfied and happy. However, they do not want users to abuse them. Many bookmakers pay attention to how often punters bet on promotional efforts.
- Having more than one account – Bookmakers loathe the idea of using two or more accounts in an attempt to abuse bonuses and promotional efforts. Fortunately, innovative tools can help sportsbooks determine and identify potential duplicate accounts. If a user is using two accounts, it might lead to temporary restriction or permanent closure of the account.
- User behaviour – Bookmakers search for potential professional gamblers by keeping an eye on user behaviour. In contrast with recreational gamblers, professional punters do not hang around a single sire for as many place bets then head to another website to place more wagers.
Often, bookmaker limitations are unavoidable. But on the brighter side, there are ways in which you can help your betting account from getting restricted. If you want to continue your Singapore sport bet activities, you should know these.
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