Opening multiple betting accounts

Opening multiple betting accounts can be a great way to increase your betting profits if done the right way for the right reasons.

However, it can also be borderline fraudulent, and get you cast into the betting wilderness if you go about things the wrong way and get flagged by a major online bookmaker.

Here’s everything you need to know about opening multiple betting accounts.

Can you have multiple betting accounts?

You can open as many betting accounts as you like provided you only open one betting account at each bookmaker.

There is no limitation on the number of online betting services you can use, and while every bookie would prefer it if you only bet with them, there’s nothing they can do to stop you betting elsewhere.

However, once you try to open more than one account at a bookmaker, you’re engaging in an activity called gnoming. All bookmakers prohibit gnoming activity for any reason.

Setting up multiple betting accounts in this way will place you squarely in a legal grey area which is highly likely to result in your being banned from using major bookmakers.

Benefits of opening multiple betting accounts

Opening multiple accounts can have numerous benefits for punters.

  • For a start they will get more free bets, whether or not they go on to cash them out using bet matching.
  • Multiple betting accounts give punters the opportunity to shop around for the best odds before making selections.
  • Many bookies offer ongoing betting specials, and you’ll have access to the widest selection of these if you operate multiple accounts.
  • If you’re successful at betting, multiple accounts allow you to spread your bets and winnings around, reducing your chances of having your account throttled by a specific bookmaker.

As long as you don’t attempt gnoming, or try your hand at arbitrage, opening multiple betting accounts isn’t just legal – it’s the logical thing to do.

How to open multiple betting accounts

There’s no special secret behind opening multiple betting accounts, provided you are opening these accounts at different bookies.

Simply find a list of reputable bookmakers to join and provide them with the information they require to set up a betting account.

This will include information like:

  • Username
  • Password
  • First and last names
  • Date of birth
  • Contact number
  • Address

In some cases you may be required to provide the bookmaker with proof of identity in order to use your betting account.

When setting up multiple betting accounts you may want to maintain records of which bookies you are joining using a spreadsheet. It is also a good idea to use a password manager to help you set and retrieve strong passwords for your betting accounts.

Which bookmakers should you join?

There are a wide range of bookmakers that you can join. At betHQ we however recommend only four of the leading bookmakers:

Each of these bookmakers is reputable and offers a generous sign-up offer.

Matched betting using multiple accounts

One of the main reasons why punters set up multiple betting accounts is to convert bookie free bet offers into hard cash.

Bet matching involves:

  • Signing up for an account at a bookmaker
  • Depositing funds
  • Placing a qualifying bet at the bookmaker to earn a free bet
  • Laying the same selection at a betting exchange to ensure you get a payout whether your selection wins or loses
  • Using the free bet at the bookie on a selection in their betting markets, then laying that selection at an exchange. This is done to win the lay bet, which effectively turns the free bet into cash that can be withdrawn from the exchange.

Once you have mastered the betting matching technique you can convert as many free bet offers as you can access into cash.

Can you make multiple betting accounts per household?

Technically there is nothing wrong with multiple members of a household setting up betting accounts at a specific bookmaker.

However, attempts to do so can look very much like gnoming to bookmakers, because they will pick up if multiple accounts are being set up from the same IP or MAC address.

As a result members of a household may find themselves having to jump through more hoops in order to verify that they are unique individuals and not fake accounts set up for gnoming.

The best way to avoid this is to reset your router before setting up new accounts, as this may assign a new IP to your household. You can also try using different browsers when setting up new accounts.

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