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Posted

Hello, I am a VIP customer at the betting site in question; I place high-stakes bets on low odds. I have always verified all the cards used for deposits. Three days ago, I lost €4,000 on odds of 1.09 with no issues. I then deposited €7,000 and won €7,300. When I requested a withdrawal, my account was blocked, and I was asked for a bank statement (which I provided the same day) and an explanation for my betting style—as if I can't even choose how to play with my own money. 

Posted

They are just asking you to explain your betting style which does look predatory.  

I agree its high risk but betting €4000 and €7000 on odds of 1.09 odds won't be allowed on most casinos. How do you plan to explain your side? IMO just tell them the truth and walk away with your money which I believe they will have to release. They will ban you from the casino I believe. 

Have you ever been banned by any casino before for this betting pattern? 

Posted

Why would it not be allowed, though. Maybe under some responsible gaming paragraph, but the bookie has everything to gain from players betting on no-value odds like these. Just one failed 1.09-bet, and it will take the player forever to recuperate, while the bookie risk only a minor payout each time, but a massive take once the bet fails.

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