Quote: (04-02-2019 12:39 PM)Bananaman711 Wrote:
Yes, book makers will always ban winning player but its easy fix, you never withdraw from a bookie, always hedge it on betfair.
Would it be possible to strike a deal with a bookie so they give you a $500 bonus a week and you make sure they profit by you going to lay all winning bets till your money is on betfair
Basically, loser would be some anonymous dude on an exchange
Anyone tried that?
They don't like people taking value.Even if you lose the first 10 bets, they'll still flag your account as being a 'sharp' punter. They make money in the long term from the overround on their odds (the odds they offer you aren't the true odds of the event happening most of the time).
http://www.bettingmarket.com/overround.htm
It's the same way the casino has a 2% or more edge built in to their table games. It doesn't matter if you beat them a few nights on the trot (assuming you're not doing something like card counting), they know they'll get it all back in the long run due to the built in edge.