Which are The Best No Limit Bookmakers
In the following table, you can see the most trustworthy out of them. Additionally, the no-limit gambling sites have been reviewed and listed according to the betting offers, the availability of payment methods and bonuses/promotions, among other essential features.
What are the Aspects that Bookies can Limit
If bookmakers want to limit a player, they will first start with wagering requirements, deposit & withdrawal limits, winnings limits or even lower odds. The last level is the outright closure of the account. Let’s dive in for more details.
👉Bonus Wagering
This restriction is about the highest amount of money you can use to place bets. The limitation could be either general for everyone or a specific bettor if the latter has violated the sportsbook rules.
👉Deposit limits
In this case, every bookmaker has a minimum and maximum deposit limit, your chosen website. The sportsbooks that don’t limit allow the transfer of higher volumes of money to betting accounts. On some occasions, players should expect that above £5000 cumulative deposits UK bookies will request additional documents regarding the source of the players’ income.
👉Withdrawal limits
Payout limits are almost the same as the deposit ones. They are general and apply to everyone, while they vary across the betting sites. The bookmakers set a general rule of how much money you can get from daily betting accounts. The bigger the limits are, of course, the better. Note that even if you have completed the KYC procedure in some cases, for amounts exceeding £/€2.300, most operators will request additional documents.
👉Winning limits
In this case, bookmakers limit how much you can win daily or per betslip. The amount may vary depending on the event and the sports, while the sportsbook might set additional restrictions on how much a player who has violated the Terms and Conditions may win.
👉Odds limitation
This is another way to penalize bettors who have not respected the betting company’s terms. The latter offers lower odds to a logged-in bettor than those shown to the same person when not signing in to his account.
👉Closure of the account
This may happen without any warnings from the bookmaker’s side, and it will mean that the punter has probably been found guilty of violating a series of terms or has been identified as a fraud. If the operator decides to close down a player’s account, the latter can not change that decision.
Why do the Bookmakers set Limits?
There are several reasons why, such as violating t&c’s, having a second account, abusing the bonuses, placing bets on the wrong odds, arbing and suspect betting patterns. It doesn’t matter if we talk about high stakes betting sites or the betting sites that don’t limit. You could also have restrictions set on your account simply because you win too much, even if you have not done anything fraudulent.
Winning too much
Abuse of promotions and bonuses
Arbitrage
Non-round amounts
Changing your betting pattern
Owning more than one account
How to Choose Sports Betting Sites that Don’t Limit
When you choose to trust a sportsbook that will hardly limit you, you need to find a combination of reliability, high winning, betting and transactional limits, and high odds and quick withdrawals. It is not an easy task, but with a bit of research, it is possible. Check the details below for each category.
⚡Reliability/ other punters reviews
The first aspect you should check into is the reliability of the bookmaker. We can’t really refer to licensing, although you can find European sites licensed by the respective regulators. The majority of those sportsbooks are either not licensed or regulated by offshore authorities. So what matters the most is the betting community’s approval of the site. Other players’ reviews mention if the bookie limits, shuts down accounts, or does what they promise in terms of minimum and maximum wagering, deposit, withdrawal, and winning limits.
⚡Checking the winnings limits
The next step is to get into the terms and conditions page and check the winning limits. What is the maximum amount the players can win daily or per betslip? For example, a total sum of winnings surpassing $200,000 per bet is a decent cap. But again, you should check out and make sure that those limits don’t change depending on the sport and the event, and they follow the general rule of maximum earnings.
⚡Checking the deposit/withdrawal limits
Next, you should check the maximum and minimum deposit and the withdrawal amount of money they can top up or get from the account, along with the available payment methods. When the payouts are capped at $7.500 to $10.000, although the winning limits are much higher, you should worry. Of course, it should also be clear whether these figures refer to a daily, weekly or monthly betting activity.
⚡Bonus – Promotion
Another important aspect to check out is the welcome bonus terms and conditions, which apply to each of the available promotions. Usually, no-limit bookmakers, as well as other operators like Curacao casinos accepting UK players, set restrictions on the wagering requirements regarding available markets, minimum odds, and the maximum bet.
⚡High odds
One of the most prominent reasons to choose a sportsbook is the higher odds compared to antagonists. A total payout of 94% would do the job, so anything above that rate is more than welcome. When the talk goes to the premium football and basketball leagues, like the Premier League, the Serie A, the Bundesliga, the NBA or the Euroleague, for example, the players should expect to get a rate of 95% to 96%
⚡Withdrawal times
The time needed for a withdrawal depends on the payment method the players will choose. An acceptable timeframe for credit cards and bank payments is 1-3 days for wallets up to 24 hours. When the talk goes to the cryptocurrencies, you should expect to have the money available within a couple of hours.
⚡Customer Suppor
Not only do the UK bettors expect the sportsbook to provide top-notch Customer Support 24/7, but it also has to offer communication channels like live chat, email and phone contact. If the bookie also provides the option of reaching out to the operator through Social Media, that’s even better.
Pros & Cons of No Limit Betting Sites
High stakes betting, higher limit levels and no Gamstop & credit checks are the major perks of bookies that don’t limit. In contrast to UK operators which have many restrictions and limitations regarding transactions, no limit bookmakers let you play your game much more comfortably. On the other hand, doubtful reliability, financial risk, low withdrawal limits and tougher KYC processes are the main disadvantages that come with using Gambling sites that don’t limit.
Benefits of No Limit Bookies
Not on Gamstop
High stakes betting
Higher limits on winnings/deposits
No credit checks
Drawbacks of No Limit Bookies
Poor licensing/ Doubtful reliability
Higher money loss
Low withdrawal limits
Dangerous for problem gamblers
Tougher KYC procedure
Most of the no limit bookmakers are regulated by offshore authorities (Panama, Costa Rica, Curacao), while others might not be licensed at all. So, from that point of view, they are not legal since they do not have the approval of the UKGC. On the other hand, the gambling sites that don’t limit still accept members from the United Kingdom and offer services.
It depends on the perspective one has on the matter. On the one hand, it is excellent to find Sports betting sites that don’t limit the players. They will have the chance to place bets on the amount they want, win, and top up accounts or withdraw from them with as much as possible. On the other hand, betting with high amounts bears dangers regarding money loss and gambling addiction. For sure, the players who can control themselves can take advantage of the no limit betting sites, but those who have had a gambling addiction in the past should be highly cautious.
The UK punters will find many regular bookmakers offering a high maximum deposit. Still, the only betting sites with no deposit limit are the crypto sportsbooks, where bettors can top up accounts with as much as they want. Of course, after thorough research, you can find no limit bookmakers regarding the money punters can use to place bets or winnings the bettors can get from bet slips.