In the world of sports betting, there exists a shadow market where active trading of bookmaker accounts takes place. Despite such transactions directly violating bookmakers’ rules, the number of transactions for buying and selling accounts steadily grows. In this article, we will examine the reasons for this phenomenon’s popularity, the market’s main participants, and the associated risks. And if you are looking for a reliable bookmaker and plan to engage in honest betting, then you will find excellent betting conditions with the bookmaker Melbet Philippines. It is a reputable company with a good reputation that offers a wide range of sports, a variety of bets, and competitive odds.
Who Purchases accounts and why?
Among the main buyers of bookmaker accounts are arbers – players who bet on opposite outcomes of the same event at different bookmakers, guaranteeing themselves a profit. Due to the constant detection and blocking of accounts, they require regular replenishment of “reserves” of accounts in different offices.
Accounts are also in demand among players using dubious strategies, such as bets on incorrect odds, fixed matches, or post-goals (bets placed after the actual start of the event but before the bookmaker’s line update). Bookmakers inevitably detect and block such accounts.
Successful players with large bankrolls are also forced to periodically purchase new accounts after their betting limits are reduced in offices. Finally, some resellers engage in buying and reselling accounts as a business.
Where do Purchasing and selling transactions take place?
Specialized internet forums serve as the main platforms for buying and selling accounts. Their administration often acts as a guarantor of transactions, ensuring transaction security for participants.
Along with the account itself, access data (email login/password), a set of documents for verification (passport scans, selfies, etc.), and sometimes even a SIM card with a phone number linked to the account are usually transferred.
Prices for accounts can vary significantly depending on the account’s age, betting history, balance, and status in the bookmaker’s loyalty program. Fresh accounts are relatively inexpensive – around $10-15, while “upgraded” ones can be sold for tens of thousands of rubles.
What risks do account transactions entail?
Buying and selling bookmaker accounts entails a number of serious risks for both sides of the transaction.
- Sellers effectively provide complete sets of their personal data, including documents, to unknown individuals. This can lead to negative consequences such as credit fraud or other forms of illegal information use. There is also a risk of potential problems with registering new accounts in legal bookmakers in the future.
- Buyers, in turn, risk acquiring a blocked or already suspicious account and losing their money in the process. Bookmakers may demand additional video verification, which the new owner may need help to pass. Additionally, multi-accounting is explicitly prohibited by the rules of all offices and is well detected by their security systems, which threatens immediate account blocking with fund confiscation.
There is also a risk of deception by bookmakers, who may initiate the sale of “bait”—controlled accounts for subsequent identification and punishment of violators.
Similar risks exist when renting accounts of bookmaker offices, a service also in demand on the shadow market.
Playing big: Is it worth it?
Considering the numerous risks and potential consequences of buying and selling bookmaker accounts, it is worth seriously considering whether to engage in this high-stakes game. For most ordinary players, especially beginners, such transactions will likely end in financial loss and quick blocking of the acquired account. Modern anti-fraud systems of bookmakers work very effectively and can detect multi-accounting and other violations even with the slightest mistake.
On the other hand, sellers risk their personal data for relatively small compensation of $10-20 per account. In the worst-case scenario, this could result in serious problems, including fraudulent financial transactions on behalf of the seller.
There may be ways to safely buy and use accounts for experienced players with deep knowledge of bypassing bookmakers’ security systems. But for most betting enthusiasts, it’s better to stick to honest gaming, adhering to the rules of bookmaker offices.