Have Ladbrokes closed your account or stake limited you? Don’t be shocked, it’s a lot more common than you think.
Millions of betting accounts are closed and restricted every single year by companies like Ladbrokes. They know what they’re doing isn’t fair, which is why so many people don’t find out about the restrictions and limitations until it’s happened to them.
In this article we will explain:
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- Why does it happen?
- What causes your account to be limited?
- Can do anything about it in response?
In short, our main piece of advice would be to use a sports exchange instead!
Why Does Ladbrokes Limit Winning Accounts?
Ladbrokes are known for banning and limiting winning betting accounts. In the past, it was only a problem for the shrewdest gamblers. However, over the last decade, Ladbrokes and other large betting companies have drastically reduced the winning threshold.
The use of technology helps to maximise their profit margins by stopping those who beat them dead in their tracks.
Take a look at the image below, Ladbrokes betting limits can go as low as 25 pence once limited…
They do this with good reason. If they don’t close the account fully, they can say ‘we do not close winning accounts’ and some users will continue to the casino, where they can’t win. However, as you can see, the stark reality is; that there’s no point in placing a 25 pence bet unless it’s purely for leisure.
Making a profit from your sports betting is not allowed by Ladbrokes.
Effectively this is a shadow ban from Ladbrokes. Sure you can still bet, but you can’t make any money from them.
They know that limiting your maximum return like this means that winners will simply go away, leaving the mug gamblers to fill their pockets
What Betting Strategies Get Your Account Limited?
Unfortunately, any long-term winning strategy will see your account getting limited.
These include:
- Arbitrage Betting
- Matched Betting
- Value Betting
- In-Play Arbitrage and Value Betting
- Any strategy that consistently beats the closing odds
Another red flag is consistently backing horses that shorten in price. Bookmakers track this activity and weigh it against exchange movements. For them, it’s a common way to identify ‘sharp’ betting activity. So if your bets often close at lower odds than when you placed them, it’s a signal to the algorithm that you’re beating the market. For those unaware; that’s also a pretty big clue if you want to beat the odds.
There are some sports and specific strategies that will get you limited quicker than others. For example, backing horses the evening before, will see your account limited pretty rapidly.
Beating bigger markets such as the Premier League will likely see your account lifespan extended for much longer. Generally, profiting from Ladbrokes with football betting will overall be one of the most profitable angles, in terms of account longevity. Ultimately, however, you have to accept that if you win in the long term, your account will limited to pennies eventually.
So the next question is…
What Can You Do About Ladbrokes Restricting Your Account?
Account restrictions are covered in the small print of Ladbrokes terms and conditions. There’s very little you can do about the account restriction itself. However, if they refuse payout, I would suggest following the steps later in this article.
In the past, I’ve seen other people suggesting multi-accounting. However, I wouldn’t recommend that as it’s a legal grey area. Your best option if you wish to continue betting is to get an Exchange account.
If you’re just starting out with the exchanges, it’s best to start with small stakes untile you understand the functionality. Tools like Geeks Toy or Bet Angel can help you spot price movement and place trades faster. As with all walks of life, time and speed is an advantage.
It’s a dirty way to operate, although just about every large betting brand now employs this tactic. In some cases, they take things a little further though, refusing payout.
If Ladbrokes Refuse to Pay Out…
It’s very sad to say, but it’s not uncommon that companies like Ladbrokes refuse to pay out winnings. Sometimes refunding the initial stake whilst claiming the bet has been cancelled, much like this article here in the Guardian.
If this should happen to you then I would suggest taking the following steps shared in this YouTube video here.
Make sure you watch the video in full and carry out the earlier steps before hitting up the heavier action. There’s just no point in going to court and encountering expensive fees if you haven’t already used IBAS. They’re an independent body set up to deal with such disputes.
In most cases, if Ladbrokes know they are in the wrong, they will settle the outstanding dispute very quickly.
How Much Will Ladbrokes Let You Win?
It’s a difficult question to answer because nobody knows except Ladbrokes. However, I can tell you that Ladbrokes limited my betting account to £1 stakes after winning just a few hundred pounds. I suspect it’s not so much to do with how much money you have won, as large VIP customers routinely bet very large stakes and are welcome with Ladbrokes.
The question is more about value. If you are betting at value and you beat the starting odds, then you will always emerge the winner over the longer term. So if they flag your account as taking value and beating their odds (being smart) they will restrict your stakes and limit your account.
Can You Stop Ladbrokes Limiting Your Account?
The only way to stop Ladbrokes limiting your account is to not win money long term. Which seems counter to what everyone who signs up to a bookmaker is aiming to do.
No one signs up to a bookmaker to lose money!
Here are a few suggestions which can help you keep your account unlimited for as long as possible in 2024:
- Don’t take value the moment you open an account (wait at least a month before you employ a long term winning strategy)
- Avoid betting horses the night before or early in the morning (Bet after 10.00 if possible)
- Use accumulator bets to hide your value selections
- Bet in-play if possible (much harder for bookmakers to detect in-play value bets or arbitrage bets.)
- Bet in physical shops if possible
This is the Ladbrokes Life…
Hopefully this breakdown has been helpful. If Ladbrokes have limited your account, you’re not alone. It happens to plenty of smart bettors really fast now. The silver lining? Betting exchanges don’t care if you win. They make money from volume, not losses. If you’re serious about betting long-term, that’s where your focus should be next.
Unfortunately, this might not have been what you wanted to hear but this is the real Ladbrokes life!
2 thoughts on “Ladbrokes Stake Limited You? | What You Need to Know…”
Greetings from Australia. I really enjoy your YouTube Channel!
Bet 365, recently blocked me from betting on a horse race, with a stake of about $65 AUD. Before that I was using a Martingale system with a starting bet of 0.5% of my betting bank. Apparently, The Maximum Stake Allowed is $50. I’ve therefore looked at betting exchanges, in particular those on The Betinasia platform. (Betfair have banned me, for reasons that are unclear.) Although I’m not sure I would find the liquidity I’m seeking, on exchanges. In other words, would by bets always get matched?
Thanks! There’s no guarantee there will always be enough liquidity although if you’re willing to take bets at a tick or two less than the offering price its highly likely there will be.