What Are Gubbings in Matched Betting
It’s no secret that the bookmakers are less than happy with people taking value from them by Matched Betting on their platforms. Bookies have always been known for being sore losers, they hate to lose and love to win just like everybody else. Since the rise of online bookmakers more and more people have continued to extract value from them, most commonly from Matched Betting. Throughout the years, as this continued to occur, bookmakers were forced to start taking action by “gubbing” betting accounts that were costing them too much money.
A gubbing is a form of restriction from the bookmaker, you will generally be notified by email when this has occurred to 1 of your accounts.
Types of Gubbings From Bookmakers:
Stake Restriction: This form of restriction will see the bookmaker place a limit to the maximum stake that you can place per bet.
Reason: The less money you can stake per bet, the less profit that you will be able to extract from them. Bookies generally stake restirct to prevent people from taking value out of the bookmaker’s price boosts.
Bonus Restriction: The bookmaker can also restrict you from receiving any future bonuses and free bets, this includes, bet X get Ys, 2up’s, and risk free bets.
Reason: To stop users from abusing their using bonuses to continually make profits from them.
How to Avoid Being Gubbed by a Bookmaker:
To avoid being gubbed by online bookmakers there are various steps that you can take. Ultimately, winning significantly more money than you lose from the bookmaker will result in your bookie account eventually being restricted in some fashion by certain bookmakers. The exact amount of money that you are able to extract from the bookies before they gub an account isn’t clear as it differs with each online bookmaker.
Below are a few steps that you can take to prevent you from being gubbed from online bookmakers:
Mug Betting: Bookmakers love to see people taking poor value on their website, e.g. betting without a bonus on their poor value odds. With this knowledge, you can execute a “mug bet”. A mug bet relies on you placing a back bet on the bookmaker’s website without using any bonuses, you should then lay off your back bet on the betting exchange and take a small qualifying loss to ensure that you are not risking any of your money.
Note: Mug betting will result in some very small qualifying losses, think of this as a small price to pay to keep your bookmaker accounts nice and healthy. You should use the Oddsmatcher to find close matches to keep your qualifying losses as small as possible.
Oddsmatcher Step by Step Guide
Only Withdrawing When Necessary: Keeping cash in your bookmaker accounts can be beneficial for account health. Of course, if you really need your money you are able to withdraw it whenever you desire. However, if you don’t urgently need your cash you should consider leaving the money sitting around in your account to use on future offers. Remember, your money isn’t going to disappear, it’s yours whenever you desire (even if you get gubbed at some point along the way).
Bet on Relevant Events: You should always make sure that you are betting on relevant sporting events with a bookmaker. As we are all Matched Betting from the United Kingdom we should resist betting on obscure events, for example, a football match from Ukraine’s second division. Betting on events such as this can potentially reveal to the bookmaker that you are a Matched Bettor. Be sensible and try to blend in by betting on events that your average punter would bet on.
Below are some popular events that are fine to bet on and will not bring any unwanted attention to your accounts.
- English Premier League
- English Championship
- English League 1 & 2
- Champions League
- Europa League
- FA Cup
- League Cup
- UK Horse Racing
- Irish Horse Racing
Final Thoughts:
Being gubbed is part of the package when it comes to Matched Betting, eventually, over time, your restriction list will start to slowly grow. When you inevitably receive a gubbing from a bookmaker do your best to take it on the chin and move on to the next, as your restrictions list slowly continues to grow it is important to not become downhearted, more and more online bookmakers continue to be formed all the time. New bookmakers continually cropping up means you will always be able to continue profiting from Matched Betting for years to come!
If you would like even more ways to protect your bookie accounts click here