BIG WINNINGS PAYOUT PROBLEMS
There's a time in the life of each bettor when he wins a big ticket with a considerable profit, or at least each bettor dreams of this to happen. The problem is that because of the very big number of online betting sites nowadays, there are also many cases of bettors who complain that they did not receive the winnings from certain online bookmakers. As expected, this has caused that all the bettors, especially the new ones, to be very cautious and search on the internet if a betting site is safe from this point of view.
Before going deeper into this subject, we strongly recommend visiting our comment section where you can find opinions of ordinary bettors about specific bookmakers. Also please leave a comment if you had a good/bad experience with a bookie related to this subject.
One of the things you need to know is that if you use the services of a well known and popular online bookmaker, your winnings will be paid as long as they are legit and 100% correct (not a result of fraud, wrong odds, wrong validation, system errors etc). Unfortunately, we live in a world where nothing is perfect, problems can happen even at the top online bookmakers and correct bettors can be disadvantaged by some decisions, but overall the policy of popular bookies is to make people trust them. In other words, they definitely don't want to avoid paying your winnings, because this will permanently affect their brand, especially if tens or hundreds of people start complaining on the web that they didn't receive their winnings. Probably one of the greatest examples is Bwin, who started closing accounts for no reason and stopped paying out winnings (that's why from a top rated bookie with millions of customers worldwide, it has become one of the worst and unsafe online bookmakers).
The main thing that you need to do in order to avoid your big winnings to not be paid is to play only on top betting sites, such as Bet365, Pinnacle or Betfair (the top reliable online bookmakers can be found here). The second thing and probably the most important is to always be fair and do everything according to the terms & conditions of the betting site you're using. Here are some other tips:
- Register using your real name and real details. Never register a betting account using fake details or details of a different person (family, friends etc.) because online bookmakers can use this against you and not pay out your winnings if they find out (and they usually do). It's a common thing for betting sites to request documents, check the IP, request pictures with the customer holding ID in his hand, call the customer by phone to ask him different questions and hear his voice etc.
- Deposit only with your personal credit card and only use your personal e-wallets. The problem is that many bookies (even top bookies) don't have restrictions when it comes to using payment sources, you can deposit using a Skrill account of a friend or a credit card of your mother even if the betting account is on your name. This can cause serious problems for you, because when it comes to withdrawing your winnings - online bookmakers carefully check the source of the money and request documents. If they notice the discrepancy between your account name and the payee name, your winnings can be forfeited and account closed (also - the initial deposits refunded to the credit card).
- Carefully read the terms & conditions when registering with online bookmakers and accept them (not just by checking the "accept" box, but really accept and respect them).
- Comply with all the requests of theonline bookmakers if they ask for specific proofs, documents etc, because you will definitely not receive your winnings unless you do it.
You may also want to read the following:
Big winnings payout problems
Avoid getting your betting account blocked
Withdrawing from an online bookmaker
