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Old 03-03-2008, 22:15   #1 (permalink)
AFL Punter
 
Join Date: 23 Jun 2005
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Default UK Bookies and their limits.

Australian bookies invariably have no problem welcoming $10,000, $20,000, $100,000 bets because they know it's usually just punters with money to burn. Real pros will be those betting more systematically in just $100's or a thousand or two.

If a punter rings a UK bookie wanting a big bet (well over the limit for that market), is it usual for those bookies to simply not accept the bet because it's over the limit or do they usually or sometimes take it on?
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Old 03-03-2008, 22:24   #2 (permalink)
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Default Re: UK Bookies and their limits.

all depends on the bookie, and the event, usually a someone up the hierharchy will give the go ahead or not
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Old 03-03-2008, 23:17   #3 (permalink)
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Default Re: UK Bookies and their limits.

Quote:
Originally Posted by Ashtee View Post
Australian bookies invariably have no problem welcoming $10,000, $20,000, $100,000 bets because they know it's usually just punters with money to burn. Real pros will be those betting more systematically in just $100's or a thousand or two.

If a punter rings a UK bookie wanting a big bet (well over the limit for that market), is it usual for those bookies to simply not accept the bet because it's over the limit or do they usually or sometimes take it on?
First, no pro's are betting 100's or a thousand or 2. They bet at the bookies that loves to take high bets from winners. Real pro's bet in asia, since thats where you get the highest limits and best odds..

Forget about the UK bookies. They will only take a high limit bet if its on a sucker odds(you can get it better elsewhere). If they should be out of line with their price, they will reject your bet, and hurry adjusting the odds.

When I see that one of the world biggest bookie Willhill still uses 113% odds margin in even the Premierleague it just shows how many suckers there is out there. For comparisson, Centrebet is 106%.

UK bookies is just a big fat joke. Their odds are the worst in the world, and they are scared of actually booking bets from someone who looks to have a clue.
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Old 04-03-2008, 00:40   #4 (permalink)
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Default Re: UK Bookies and their limits.

Don't despair Denominator. Compared to Czech and most other East European books, UK is a paradise. In the CR, max win per a single bet is 15k crowns (500 quid) - of course you can win some millions on a 20+ accie. No thanks. The overrround as such is just terrible, in the region of 30ish percent, and you pay a 10 percent "handling fee" at that. Of course, betting shops only, no internet. Even with those weird limits, as soon as you want to bet 1000 crowns or more on something, they won't let you until a big head from their HQ gives a green light - and often you can see them slashing the price like crazy if you bet big. I rarely go there anymore, but sometimes I do if they still offer a better deal (very seldom) or a specifically Czech market. So thank God for UK bookies, of course including the Betfair exchange And thank twice for Australian ones
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Old 04-03-2008, 00:48   #5 (permalink)
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Default Re: UK Bookies and their limits.

Might depend on your impression of what a pro is, Dominator, but should it mean making a comfortable living solely from sports betting, then I'll stand by my point that most would be betting 100's or a thousand or two rather than $10,000's. Yeah, but if they want to bet that high, maybe Asia is the place, I don't know much about that.

Naturally, any serious punter will gravitate to where the best odds are but pure book% doesn't always mean the book won't have a go. A few years ago many of my AFL bets were with Australia's biggest bookmaker (TAB) who at 108% have the nations worst overround, but at the time had a habit of laying outsiders. BTW any serious Tennis punters could consider a TAB account, because despite an already competitive tennis world market, it's common to find best price with them.

Still interested in comments on the original question on UK Bookies accepting big bets - Do they?, Don't they?, How often?
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