Can The Bookmaker Be Deceived, And Is It Worth It? Risky Ways To Make Money
David Morey 
In the era of digital technologies and widespread online sports betting, the question of potential methods of deceiving bookmakers becomes increasingly relevant. Many players strive to find loopholes in the system to gain an advantage over bookmakers. However, it is worth understanding that bookmaking companies take serious measures to protect their interests and prevent fraud, and some methods of deception may have legal consequences. In this article, we will thoroughly examine common methods of deceiving bookmakers and consider the advisability of their use.
Multi-Accounting
One of the most common ways to deceive bookmakers is multi-accounting – creating multiple accounts to repeatedly receive bonuses and privileges. In the past, this was relatively easy: a player would register a new email and create a new account. However, modern bookmakers have tightened the verification process, requiring the submission of identity documents, as well as conducting video conferences. Despite this, some advanced players try to circumvent these measures using various anonymization methods and third-party resources. Nevertheless, the risk of being detected and blocked remains high, and the potential benefit often does not justify the effort expended.
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Bookmakers strictly control the use of accounts according to their intended purpose – placing bets on sports events. Any deviation from this purpose, such as money laundering or using an account to transfer funds between different payment systems, is considered a violation of the rules and can lead to the account being blocked. This point is related to the broader issue of financial monitoring and combating the laundering of proceeds obtained through criminal means. Bookmakers, like other economic organizations, are obliged to comply with relevant standards and prevent the use of their services for illegal purposes. Players should understand that any actions beyond sports betting may be considered fraud.
Arbitrage Betting
Arbitrage bets, where a player places opposite bets on the same event with different bookmakers, are one of the most well-known ways to deceive bookmakers. Although logically there is nothing illegal in this method, bookmakers view it extremely negatively. Their aversion to arbitrageurs dates back to the early 2000s, when such players earned huge sums of money from bookmakers. Today, most bookmakers have sophisticated systems for detecting arbitrageurs and quickly block their accounts.
However, some experienced players still try to bypass these restrictions using specialized software to search for arbitrages and employing complex methods to anonymize their activities. The success of such activities depends on a multitude of factors, including the speed of the bookmaker’s reaction, the size of the bets, and the degree of masking of operations. Despite the possibility of stable income with due diligence, it is worth remembering that bookmakers are constantly improving their security systems, making arbitrage betting increasingly risky.
Match-Fixing And Insider Betting
Another way to deceive bookmakers is to use insider information or engage in match-fixing – placing bets on an event before the bookmaker updates the odds. This may involve obtaining information about injuries or team composition before it is published in the media, as well as using delays in updating odds in live mode. Bookmakers view such actions extremely negatively, as they violate the principle of fairness and equal opportunities for all participants.
Match-fixing requires access to exclusive sources of information and well-established schemes for its rapid transmission and processing, making it a very complex and risky enterprise. In addition to potential account blocking, the use of insider information may be considered fraud and have serious legal consequences.
Bets on Incorrect Odds and Clever Rule Evasion Schemes
Bookmakers occasionally make mistakes when setting odds for certain events. This may be due to technical failures, human error, or other reasons. Some players try to take advantage of such erroneous odds to guarantee profits. However, bookmakers generally reserve the right to cancel or adjust such bets, as well as to block the accounts of players who abuse them.
It is important to understand that bookmakers constantly improve their security systems and methods of detecting fraud. Using any deception schemes carries high risks, such as account blocking, confiscation of funds, and even potential legal consequences.
