It may be possible for multiple people from the same household to each have an account with the same bookmaker – eg. Mum, Dad, Granny and Uncle Pete all have a Sky Bet account and live in the same house.
Naturally of course they will almost certainly have to verify their accounts and pass the relevant Know Your Customer (KYC) checks.
Why Can’t I Open More Than One Betting Account With The Same Bookmaker?
Bookmakers don’t allow you to have more than one betting account with them, as they want to be able to register your betting patterns in the same place. This way, if you’re winning too much money off them, they can limit your account regarding the amount you can bet on any of your selections.
Many pro punters have tried to get around this by opening other accounts in the names of members of their family or friends, but betting patterns and matching IP Addresses normally flag this up – with the penalty being you’ll be banned from betting with that bookmaker.
Can I Open Betting Accounts With Lots Of Bookmakers?
Yes, you can open betting accounts with lots of bookmakers, and this is a great idea if you want to take advantage of all the best odds, welcome offers, promotions, and concessions that these bookmakers offer. All professional punters have as many betting accounts as they can, as this also allows them to spread large bets among lots of bookmakers, limiting the chances of them being limited by a bookmaker for having a big win.
Having lots of betting accounts also allows you to alter your betting patterns. For example, if your average stake is £100, you can easily have £25 at four different bookmakers. Let’s say you have 12 different betting accounts, you can spread your first bet between accounts A, B, C, and D, your second bet between accounts E, F, G, and H, and your third bet between accounts I, J, K, and L.
You could then spread your fourth bet between A, C, F, and L if you wanted to, making it very difficult for bookmakers to spot patterns. You’ve also got hundreds of more combinations to choose from. Of course, you should always be choosing the bookmakers that are offering the best odds, so just give yourself as many options as possible.
Another thing you’ll need to consider when you have multiple betting accounts is your cash flow, as you’ll need to fund a variety of accounts at the same time while you’re waiting for any winnings you withdraw to be credited back to your bank or alternative payment method. To make sure your cash flow never gets tied up, you’ll need to make sure you have a suitable betting bank.
Taking Advantage Of Bookmaker Welcome Offers, Promotions, And Concessions
If you’ve not already opened lots of betting accounts, you’ll be able to take advantage of many welcome offers when you open new accounts with betting sites. These offers are normally free bets which you can use to give yourself a chance of winning money for free. Just make sure that you don’t put yourself in any financial difficulties by opening too many accounts at once with money you can’t afford to lose. Pace yourself and use your deposits and free bets to bet on selections that you would have bet on anyway.
Some bookmakers also reward loyal players with the occasional free bet when they have bet a milestone amount. Most bookmakers also offer regular promotions and concessions that can make a big difference to your overall profits and return on investment.
Many betting sites offer best odds guaranteed (BOG) on UK and Irish horse racing. Many also offer enhanced each-way terms or odds boosts. When big festivals are on such as Cheltenham, many bookmakers also offer concessions such as money back as a free bet if you’re horse finishes second to the favourite. While these offers are normally only to small stakes, there’s no reason why you shouldn’t take advantage of them.
What Betting Sites Should I Open Accounts With?
We’re not associated with any bookmakers, so we’re not going to encourage you to open a betting account with one bookmaker rather than another. But when we were in your shoes, we opened accounts with the biggest bookmakers first.
Not only will you be able to take advantage of many great offers, but the fact they have millions of members means they’re not bothered when you have a winning streak. That means you’ll need to win month after month before they limit or, ultimately, close your account.
The type of bookmakers we’re talking about include Bet365, 888, William Hill, Sky Bet, BetVictor, Sportsbook, Paddy Power, Unibet, Betfred, Betway, and Boylesports. We also recommend you open accounts with some of the betting exchanges such as Betfair, as you’ll often be able to get better odds on your selections.
What Bets Can I Place When I Open A Betting Account?
Some free bets you’ll receive when you open a betting account may be limited to some sports. They may also have terms and conditions that include what odds you can bet at, or whether you can place singles or multiples. But you’ll be able to use your deposits and many free bets to bet on a big range of sports, including horse racing and football.
How Do I Pick Winners?
While lots of punters pick bets using the pin-sticker approach, because they like the name of a horse, or because they support the team they’re betting on, professional punters spend their lives studying form and statistics to find winners. This pragmatic approach that top tipsters adopt is designed to constantly find value bets that will lead to making long-term profits from gambling.
But if you haven’t got the time to do as much studying as a professional punter, don’t worry, you can follow the advice of a variety of professional punters by following our free tips.
It’s easy to follow the Betting Gods free tips, as all you need to do is drop us your email and we’ll send you a daily sample of free tips from our professional tipsters. They provide tips for many sports, such as horse racing, football, golf, tennis, American football, cricket, basketball, and ice hockey.
If you’d like to specialise in betting one or more of these sports, you can also purchase affordable monthly subscriptions that will allow you to receive all of any of our tipsters’ tips.
Finding your perfect tipster is also easy. Simply check out the Betting Gods tipster page where you can view profiles of all our tipsters, whether they’ve been with us for years or they are some of the newest talents we’ve unearthed.
You can check out the total winnings that any of our tipsters have won wince they’ve been with us, their average monthly profits, return on investment, and winning percentage. We also provide information such as how many tips they averagely send out each month and what time they send their tips out. Even better, all our tipster subscription services are backed by the Betting Gods money-back guarantee.
Is making multiple betting accounts allowed?
In general, it is legal to have multiple betting accounts with different sportsbooks. However, it’s important to follow the specific terms and conditions of each sportsbook and to avoid engaging in any fraudulent activities, such as creating multiple accounts to take advantage of bonus offers or promotions.
Some sportsbooks may have specific rules or limits on the number of accounts you can have, and they may require additional verification of your identity or payment method before allowing you to create multiple accounts.
It’s important to note that creating multiple accounts for the purpose of gaining an unfair advantage or engaging in fraudulent activities, such as gnoming or arbitrage betting, is not allowed and can result in account suspension or closure.
What is gnoming betting?
Gnoming, also known as “multi-accounting,” is a practice in sports betting where a person creates multiple accounts with the same bookmaker or sportsbook, often under different names or identities. The purpose of gnoming is usually to take advantage of bonus offers or promotions that are offered by the sportsbook to new or existing customers.
Gnoming can be seen as a form of fraud or cheating, as it violates the terms and conditions of most sportsbooks and can result in the closure of all accounts associated with the user. Additionally, gnoming can lead to unfair competition and can harm the integrity of the sports betting industry.
It’s important to note that sportsbooks have strict policies against gnoming and other fraudulent activities, and they may use various methods to detect and prevent such activities, such as IP address tracking and identity verification. If a sportsbook detects gnoming or other fraudulent activities, they may close all associated accounts and withhold any winnings or funds in the accounts.
Can you have more than one betting account per household?
In general, it is allowed to have more than one betting account per household with most sportsbooks. However, some sportsbooks may have specific rules or limits on the number of accounts you can have per household, and they may require additional verification of your identity or payment method before allowing multiple accounts from the same household.
It’s important to note that creating multiple accounts for the purpose of gaining an unfair advantage or engaging in fraudulent activities, such as gnoming or arbitrage betting, is not allowed and can result in account suspension or closure.
Can you have 2 Paddy Power accounts?
No, Paddy Power does not allow customers to have multiple accounts. According to their terms and conditions, each customer is only permitted to have one account. If a customer is found to have more than one account, Paddy Power may close down all duplicate accounts and cancel any bets associated with those accounts. It’s important to note that creating multiple accounts for the purpose of gaining an unfair advantage or engaging in fraudulent activities is not allowed and can result in account suspension or closure. If you have any questions or concerns about Paddy Power’s account policies or the specific rules and regulations of the sportsbook, you can contact their customer support team for assistance.
Can you transfer money between betting accounts?
In general, transferring money between betting accounts is not allowed and can be considered a violation of the terms and conditions of most sportsbooks. Most sportsbooks have strict policies against transferring funds between accounts, as it can be seen as a form of money laundering or fraudulent activity.
However, some sportsbooks may allow transfers between accounts that are owned by the same person, as long as the transfers are made for legitimate reasons and are not intended to gain an unfair advantage or engage in fraudulent activities.
It’s important to note that if you are considering transferring funds between betting accounts, you should first check the specific rules and regulations of each sportsbook and contact their customer support team for assistance. They can provide more information on the specific policies and procedures and help you make informed decisions about your betting activities.
