Can you move money from different bookmakers when you have balances in more than one site. Yes you can – but it has it’s pros and cons and we are going to outline them in this article.
Moving Money From One Bookmaker To Another
There are several reasons why you might ask this questions and we will talk about different scenarios. When you are trying to find best odds possible, playing with bonus money, doing arbitrage betting, matched betting or other form of current strategy you will be playing with several bookmaker and exchanges. Diversifying your bets is key to growing you balance faster which is a good thing for you and bad thing for the bookmaker. By moving balance between bookmakers you will often find yourself in a situation where you prefer the game to be settled as winner in the bookmaker of your choice. Different scenarios why a players wants to lose balance in bookmaker A and move it to bookmaker B may include:
- Clearing bonuses
If you play in a new bookmaker and you accept their welcome bonus, usually the bonus comes with wagering requirements. So when you calculate your bets using betting calculator tool, depending on the outcome of the game if you lose your newly available balance in bookmaker A while having active bonus and balance goes to bookmaker B this means you have successfully converted bonus balance into real balance, because you can withdraw from the bookmaker B. - Avoiding limits – winning constantly in certain bookmaker will inevitably lead to limitation of your account. So if you find a certain bookmaker valuable, you might think that losing the bet might be better option. However this might not be the case in certain situations since losing is not the only thing that prevents limits. If you always bet on odds on certain bookmaker that have value, no matter win or lose you can find yourself in a situation where your account is limited.
- Bookmaker with regular promotions – some bookmakers provide constant promotions on a daily, weekly or monthly basis. Having such generous bookmaker you would definitely want to keep these bonuses coming as long as possible. So losing streaks are good option, unless you are not doing arbitrage or value betting while playing with these bonuses, which can make your account life longer.
-Avoiding harsh verification – now this is a tough one. If you are dealing with a hard verification process, you might think it is a better option to place a bet with another bookmaker in order to avoid the verification and transfer your money to the other bookie. While this might work, it is eventually another gamble you are taking. This is only recommended in situation where you only need to use the balance for another bet and you are sure that things with verification will go well. Many players try doing this when dealing with rogue bookmaker and they hope the bet will be lost in Bookmaker A. Needless to say patience is the better options because If you win again you just will only end up with bigger balance than in first place.
Mistakes While Trying To Move Money From Bookmaker “A” To Bookmaker “B”
So let’s get to the point. Yes you can move the money from bookmakers by placing bets between several bookmakers, however you have no guarantee on how the game is going to end. You might have a luck and place an underdog bet and your preferable option wins, but theoretically there is no safe option for the transfer to end as you want it. This is one of easiest mistakes, every rookie has made when they begin dealing with more than one bookmakers. Let’s put it it that way – if there was a safe way for the money from Bookmaker A to go to Bookmaker B, then you why would you even bet in bookmaker A? If there was such an option they you could have just place a bet in bookmaker B and enjoy your winnings. Our advice as we have previously mentioned is to never try doing that when you are dealing with rogue bookie. If your money are useless in this situation and the site is not paying, this might only lead to bigger loss.
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