In this guide I will give you some background to why Account Preservation is so important and a few tips on how to go about it.
Bookmakers exist for one reason and one reason only – to make money.
This is coincidentally the same reason why we do Matched Betting.
To ensure Bookmakers keep making money they will restrict or completely close accounts of unwanted punters. An unwanted punter is not limited to Matched Bettors. Regular punters can also have their accounts closed if they make a profit over a period. Bookmakers ideally want “Mug Punters”. Mug Punters are people who bet with no strategy or logic and will usually lose a whole load of cash in the process. That is the typical gambler.
To keep unwanted punters away, Bookmakers hire traders, whose job it is to review your account. Traders look for patterns of behaviour that do not follow that of a normal punter. That is why account preservation is so important.
It is important to understand that your money should be safe and that you will still be able to withdraw your money from your Bookmaker account even when your account is closed or restricted. I had several accounts restricted or closed and in all cases I was able to withdraw my funds.
Gubbing is a Matched Betting term used for Bookmaker accounts that are restricted in some way. It can either be that you are no longer eligible for promotions like Free Bets or that you are Stake Restricted, meaning that you can only stake a small amount of money. In one of my accounts I was restricted to less than €1, which effectively means the account is useless as I couldn’t bet above €1 on any event.
Only the professional traders know exactly what they are looking for in an account and how one could avoid being Gubbed. Hence, you will be Gubbed at some point even if you follow the tips below. Don’t be discouraged by this. Some people prefer to get as much cash as quickly as they can and don’t pay any attention to Account Preservation, while others are satisfied with a smaller immediate return if it means they avoid being Gubbed. Your approach to Account Preservation is entirely up to you. Personally, I am in it for the long run and hope to keep every account for as long as possible.