Re: Will Bookmakers Suspend/Restrict My Account if I Profit in the Long Term?
This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?
If you profit, you are not losing
In general bookmakers don't like winning players, which makes sense, because it reduces their own profits. So 99% of them will limit your account sooner or later, if you win longterm (and make frequent withdrawals). There is some threshold though, i.e. if you win $5 per month on average and withdraw them, this won't get you a limit. Things get different when it's $500 or more....It kind of makes sense or is understandable, but I think bookmakers limiting policies are too strict nowadays. They are greedy just like all their customers are - human nature.
Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?
Exbet launched their BTC betting exchange just recently and you won't get limited there for winning. As you anticipated correctly, they don't care, if you win or lose, they make their money with commission. They are still in early stages though and it will take some time until more markets are added and there is more liquidity. But it looks promising all in all.
Fairlay is another one.