Make The Most Of Online Betting Accounts

monkeytennis
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Make The Most Of Online Betting Accounts

Postby monkeytennis » Fri Jan 31, 2014 4:57 pm

Is it best to leave your money in your betting accounts or do you withdraw your balance after each bet is settled?

Make The Most Of Online Betting Accounts

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LesterBowie
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Postby LesterBowie » Tue Jan 27, 2015 7:15 pm

I always withdraw...that way you have less cash flow problems !

jayandbob
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Postby jayandbob » Wed Mar 18, 2015 8:21 pm

i found that if i leave money in my account i get offers that are personal to me as a loyalty reward - Paddy Power and Ladbrokes are the most generous bookies

Savcri
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Postby Savcri » Mon Apr 11, 2016 11:42 am

when I have a large amount I prefer to withdraw

Sportsbook
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Re: Make The Most Of Online Betting Accounts

Postby Sportsbook » Wed Apr 26, 2017 7:18 am

In some online websites if you leave money in your betting accounts, then there are chances to get rewards, offers, bonuses, extra points etc. However, if you think that the amount in the betting account is quite high then you should withdraw it.

otbc canary
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Re: Make The Most Of Online Betting Accounts

Postby otbc canary » Wed Apr 26, 2017 11:50 am

My first thought is that if I am prepared to lose my stake on any bet, then I should be prepared to leave any winnings in my account. Obviously if your balance increases to a substantial level then consideration should be given to withdrawing some or all of it depending on your needs. I have always, until recently, believed that leaving a larger balance in your account will protect you to some extent from closure or restrictions. Unfortunately this has not proved to be the case including amongst others PP and Laddies, referred to in an earlier post. Whether it has ANY merit, I remain to be convinced.

Archon
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Re: Make The Most Of Online Betting Accounts

Postby Archon » Mon Feb 26, 2018 8:50 am

This is a tricky question. It depends more on how trustworthy is the bookmaker you have chosen. I guess big brand names will not do something that could hurt their brand name and drag them into court fights. Not so big names (especially if they have low liquidity) are more probable to find a clause in some small print that you did not notice and confiscate your money. If you win all the time and you keep withdrawing your money then you are not a profitable player and it is very likely that at some point you will find your account blocked or restricted.

I believe the best policy would be to leave an amount always in and withdraw the profits. If your initial deposit is 100 Euros and you have won let's say another 100, withdraw the profits and leave the capital in. This will also help you keep discipline and not spend more than your pocket can afford. If you know you have money in your account you will not have to redeposit new amounts and therefore lose control. Plus you will have some cash flow to use for whatever suites your purposes.

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