Top Offshore Books Simply Will Not Limit Your Wager Size
One way sportsbooks have been known to shut down a hot player is to limit his bet size. This is an old trick and usually comes from a panicky bookmaker. Before offshore books and U.S licensed online sportsbooks, local bookies would limit a player when he went on a multi-week heater but their reason was usually much more justified. This is because they are usually working with a limited sized bankroll and paying a single players thousands of dollars each week over a multi-week period of time could put them out of business.
To see licensed on-shore sportsbooks like MGM, FanDuel and Fanatics do it though makes no sense. They have unlimited pockets essentially. Many of them are multi-billion dollars enterprises and losing 10, 20 or 50 grand to any single player is not that big of a deal in comparison. Not only that, but they seem to forget that the same player who can go on a heater can, and usually will, end up in the dumps the very next week. Even the world’s top sports bettors go on super-long losing streaks and end up with a win percentage barely above 60%.
Offshores are not immune from this panicky Pete type behavior either. A few years ago we posted an article about BetMania.ag who limited one of our readers after he won a good chunk of change. However, the top offshore sportsbooks don’t care about win streaks. They understand how it works. Some of these outfits will take $50,000-$100,000 bets on a single wager without flinching.
The problem with the new-wave of on-shore sportsbooks seems to be a management issue. There are lots of chefs screwing with the recipe. Each low level manager handles a limited number of players and the higher-ups judge these managers on their bottom line at the end of each betting week. So, naturally the low-level manager will limit the player to avoid turning in a red number when reports are due. This type of micromanaging prevents the big winner from losing it all back, which is a major part of taking bets. Let them give it back to you. Keep them playing.
There are screenshots all over the web of big companies like MGM and Fanduel limiting a player to just $25 or $10 per wager. Our advice to these outfits: Unless you catch these players cheating in some way there is seriously no reason to limit them in that manner. There are no psychics in the world of sports betting (or in the world for that matter). They don’t have some secret crystal ball where they see the outcome of games. They are guessing just like everyone else. Let them play and stop being pathetic, weasily skinflint. Take the bets and pay your winners. You know you have no problem keeping them money when some guy from Aransas loses $10K on his beloved Razorbacks.
See a list of sportsbooks who won’t limit you (as long as you aren’t cheating). If they do, you can reach out to us at any time.