Do bookies let you follow tipsters is a question we often get asked and the answer is it’s not up to them whose tips you follow. However, bookies do have the option of limiting or closing betting accounts if you become too successful.
But that shouldn’t stop you from following the advice of successful tipsters, as there are a few steps you can take to help you fly under the bookies’ radars.
Why Might Bookies Limit Or Close My Betting Account?
If you’re profiting from the tips of a professional tipster, it’s a good idea to understand why a bookmaker might close your account or how they may limit it.
The obvious reason why a bookmaker may close your betting account is that you are taking too much money off them. At the end of the day, bookmaking is a business, and getting rid of any costs that drain the profits is what most businesses do. But the chances are you’ll have to be making tens of thousands of pounds a year before they close your account.
Bookmakers will also consider lots of scenarios before closing your account. For example, if you’ve had your account for a few years and you’ve just started winning, most bookmakers will be happy to keep your account open in the belief that you’re going to lose your winnings again at some point. They won’t know that you’ve suddenly started following the tips of a professional tipster.
Bookmakers also consider races or sporting events as a whole and, though you might have won on a race or event, they may still have made a profit. This is often the case with professional tips, as pro tipsters often go against the weight of public opinion by backing selections, they think offer value odds rather than having the most obvious chance.
If your winning streak does catch the eye of a bookmaker, they are likely to take some other steps first before closing your account, as they don’t want to get a reputation for closing the accounts of every successful punter.
One step that bookmakers can take is to limit the amount you can have on each selection. But this is often reserved for punters that bet in thousands rather than in the £10 to £100 stake range.
A more common step is to take away some of the concessions that they offer, especially BOG (best odds guaranteed). This will often be the case if you’ve collected on a few winners whose odds have drifted.
Ways To Stop Bookies Limiting Or Closing Your Account
One of the best ways to fly under the radar when following the tips of a successful tipster is to open as many betting accounts with different bookmakers as possible. This gives you lots of different bookmakers to bet with.
For example, rather than betting £100 on a 10/1 selection with one bookmaker, have five bets of £20 with five different bookmakers. A win of £200 is much less likely to get flagged than a win of £1,000.
Let’s say you have accounts with 10 bookmakers, there are also loads of different combinations of bookmakers you can use to place five bets at. Let’s label our bookmakers from A to J. You can place your first five bets with A, B, C, D, and E, and your next five bets with F, G, H, I, and J. Your third lot of bets could be with A, C, E, G, and I, and your fourth lot of bets with B, D, F, H, and J – and so on and so on.
Of course, even the best tipsters back lots of losers, so the chances are that these random patterns of winners and losers will go unnoticed at so many different bookmakers.
Of course, there are also other places you can place bets. You can also nip into the high street bookmakers, pop down to your local racetrack, or bet on the betting exchanges, all of which will help you blend into the millions of punters that bet every week.
What Tipsters Should I Follow?
The best way to start following professional tips is to pick a tipster that provides tips for a sport you love, whether it’s horse racing, football, or any other sport.
Once you’ve realised just how easy it is to follow the tips of professional tipsters, you can then branch out and bet on the tips of as many successful tipsters as you want to.
Here at Betting Gods, our tipsters provide tips for UK and Irish horse racing, US horse racing, greyhound racing, world football, global cricket, golf, tennis, basketball, ice hockey, basketball, and American football.
Check us out by registering here and we’ll send you a daily selection of free tips from our tipsters. You might get horse racing and football one day and basketball and American football the next day, but this is a great way to see what we’re all about.
If you already know you want to specialize in one sport, all our tipsters also offer affordable monthly subscriptions that give you access to all their tips. If you want to choose your tipster now, head to our tipster profiles page where you can read all about our established and new tipping talents.
You’ll be able to check out their total profits since they joined us, average monthly profits, return on investment, and percentage of winners to selections. Useful information such as how many tips a month and what time they send tips out is also available.
We hope that’s answered your question, do bookies let you follow tipsters.