betEd limited my wagers to $1 after only 4 hits

LeBronToChi · Jan 21, 2011

I signed up for betEd a few weeks ago, took their casino bonus option (100%/20x rollover up to 5 hondo), then proceeded to rack up some impressive casino wins (I was just trying to work off the bonus). I placed 4 wagers over a 4 day span, 2 of them max bets on CBB, two of them less than max bets on NBA. A day later, I see this login message saying they have limited my bets to $1 and that my "talents" at sportsbetting have exceeded their ability to take my action. They said they understand if I withdraw all of my money.

My question is, after only a week...why would any business do this? I mean they have to know people go on hot streaks, and cold streaks, and all that other jazz, and there is luck in the short term. I don't get the quick hook, and I've NEVER, EVER seen this practice at any online book.

Any insights?

Please don't delete this, I just want to know why they do this.

cincy_ · Jan 21, 2011

Who cares? Take your money and play somewhere else.

goblue12 · Jan 21, 2011

They have no tolerance for people who bet certain sides of certain events.

Similar to SIA.

X-Files · Jan 22, 2011

Pathetic.

At least SIA used to wait till you're up 30K or so before booting.

BAGIANT · Jan 22, 2011

That's really weird. I use betED for an out, but rarely for any decent size bets.

2PLAYSMAX · Jan 22, 2011

:boxer:~~:<<

pocketrockets · Jan 23, 2011

doesnt surprise me at all

EveryGamblersDream · Jan 23, 2011

An example of yet another chicken shit operating posting as a real place to wager. The days of standup books & bookmakers seems to be a thing of the past as they are a dying breed.

betedgeonly · Jan 23, 2011

cincy_ said:
Who cares? Take your money and play somewhere else.

ditto...

goblue12 · Jan 23, 2011

X-Files said:
Pathetic.

At least SIA used to wait till you're up 30K or so before booting.

Elohel those were the days...

I was up 3K betting $20-50 a side when they 86ed me a year ago.

Signed a friend up, bet through him, and after 4 wagers and he had minuscule limits.

Fishhead · Feb 22, 2011

LeBronToChi said:
I signed up for betEd a few weeks ago, took their casino bonus option (100%/20x rollover up to 5 hondo), then proceeded to rack up some impressive casino wins (I was just trying to work off the bonus). I placed 4 wagers over a 4 day span, 2 of them max bets on CBB, two of them less than max bets on NBA. A day later, I see this login message saying they have limited my bets to $1 and that my "talents" at sportsbetting have exceeded their ability to take my action. They said they understand if I withdraw all of my money.

My question is, after only a week...why would any business do this? I mean they have to know people go on hot streaks, and cold streaks, and all that other jazz, and there is luck in the short term. I don't get the quick hook, and I've NEVER, EVER seen this practice at any online book.

Any insights?

Please don't delete this, I just want to know why they do this.

So they are admitting to not knowing wtf they are doing?

Incredible story

hockey8799 · Feb 22, 2011

amazing

DarkStar · Feb 22, 2011

Terrible shop

patswin · Feb 22, 2011

They cut me to $25 max after I went on a good run last year.
Paid my balance with no issues. Move on and find another shop

BestPlay2day · Feb 22, 2011

Wierd that they would come to this conclusion after only 4 sports bets. Withdraw and move on to a better sportsbook, not worth fighting Bet ED over.

Illini · Feb 22, 2011

BetED is the shittiest book ever and run by thieves.

Illini · Feb 23, 2011

LeBronToChi said:
I signed up for betEd a few weeks ago, took their casino bonus option (100%/20x rollover up to 5 hondo), then proceeded to rack up some impressive casino wins (I was just trying to work off the bonus). I placed 4 wagers over a 4 day span, 2 of them max bets on CBB, two of them less than max bets on NBA. A day later, I see this login message saying they have limited my bets to $1 and that my "talents" at sportsbetting have exceeded their ability to take my action. They said they understand if I withdraw all of my money.

My question is, after only a week...why would any business do this? I mean they have to know people go on hot streaks, and cold streaks, and all that other jazz, and there is luck in the short term. I don't get the quick hook, and I've NEVER, EVER seen this practice at any online book.

Any insights?

Please don't delete this, I just want to know why they do this.

I take it that you bet big on some blackjack hands and got lucky? Because if you try to grind it out, you will lose everything in your account. The BetED casino is 100% rigged. I lost $900 playing $5 hands after $7K of rollover. 30,000 to 1 odds of that, so obviously a rigged casino.

hybrid · Feb 23, 2011

Illini said:
I take it that you bet big on some blackjack hands and got lucky? Because if you try to grind it out, you will lose everything in your account. The BetED casino is 100% rigged. I lost $900 playing $5 hands after $7K of rollover. 30,000 to 1 odds of that, so obviously a rigged casino.

they're all rigged, how do you not know that?

Illini · Feb 23, 2011

hybrid said:
they're all rigged, how do you not know that?

Most are not rigged. A few are. BetED and Justbet use the same rigged software. Bookmaker and 5 Dimes use a fair software.

betEd limited my wagers to $1 after only 4 hits

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