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Multi-accounting refers to the practice of creating and using more than one account on the same gambling platform or across various sites. While this violates the terms and conditions of most online betting companies, many players still do it to gain certain advantages.
On the surface, multi-accounting seems entirely unnecessary. But once you dig deeper, there are some shockingly powerful benefits to running extra accounts that most casual punters fail to realize.
Not all multi-accounting serves the same purpose. Generally speaking, there are four primary types of multi-accounting that LeoVegas players utilize for various strategic reasons:
Maintaining separate accounts for different types of bets – like casino, sportsbook, poker, etc. – enables more organized record-keeping and simplified bankroll management across different gambling verticals.
By holding accounts with various sportsbooks or casinos, multi-account users can capitalize on arbitrage opportunities and guaranteed wins where there are pricing discrepancies across sites.
Opening multiple accounts makes it possible to repeatedly claim signup bonuses and promos from the same operator by entering each offer with a different account.
Managing accounts on behalf of a group of bettors allows creating betting syndicates where players pool funds and bets are placed at a higher combined stake.
Now that you understand the major types of multi-accounting, let’s unpack the key advantages it delivers for punters...
Most players are unaware of the power moves that having secondary or even tertiary accounts enables. While every extra account does mean additional administrative work, the perks tend to far outweigh the hassle.
Signup bonuses and other promotional incentives are the most direct perk of running multiple accounts. As operators offer these exclusively to new customers, the only way to claim any bonus more than once is by creating a new account.
Depending on the sportsbook or casino, welcome packages can reach thousands in bonus funds or free bets. And when collected repeatedly, this transforms into a sizable bankroll boost.
Table 1. Examples of new player bonuses at top betting sites.
|
Platform |
New Player Bonus |
Bonus Value |
|
Bet365 |
Bet €10, Get €50 in Bet Credits |
€50 |
|
Betway |
€10 Free Bet + 100% Deposit Match up to €100 |
€110 |
|
888Sport |
Bet €10, Get €30 in Free Bets + €10 Casino Bonus |
€40 |
|
William Hill |
Bet €10, Get €30 in Free Bets |
€30 |
As you can see in the table above, even claiming each of these offers once on different sites nets you €230 in total bonus value. Now imagine being able to collect these incentives repeatedly with the use of multi-accounting.
Line shopping refers to comparing the odds offered on the same event across various sportsbooks to find the best pricing. Multi-accounting takes this a step further by allowing you to actually place bets on discrepancies in lines.
For example, Bookmaker A has Team X as a -150 favorite over Team Y. However Bookmaker B has Team X as a much more appealing -130 favorite for the same game.
With multi-accounting, you can hop onto accounts with both books and place bets at the superior -130 odds found at Bookmaker B. This adds up to some serious profit boosts over a season of sports betting.
In addition to new player deals, most gambling sites also offer enticing promos to existing customers. These reload bonuses, free bets, enhanced odds and other offers provide great incentive to continue wagering at that sportsbook or casino.
However by nature these are limited to one account per player. The only way to take advantage of reload promotions across multiple sites is by creating secondary accounts.
And the rewards can certainly be worthwhile. For example, leading operator BetMGM runs weekly free bet and odds boost promos for existing players that are each worth $20 or more. That’s over $1,000 per year in added value.
Much like reload deals, VIP and loyalty programs are designed to encourage continued play at a given gambling site. Players earn points and progress through tiers to unlock the best perks like cash rebates, free bets, bonuses and other niceties.
These can be quite generous, too. Caesars Sportsbook provides up to 15% cashback on losses per month for Diamond tier VIPs. And top poker sites like GGPoker have monthly freeroll events for loyal players with prize pools in the tens of thousands.
Once again, multi-accounting enables capitalizing on programs like these across various platforms simultaneously. Rather than being limited by one account, you can enroll in multiple VIP schemes to amplify rewards.
Simply opening extra accounts won’t automatically make you a more profitable bettor. To truly excel with multi-accounting requires some careful planning and savvy execution.
The most vital practice when juggling multiple accounts is keeping their finances completely separate. Allowing funds to flow between accounts muddies up record keeping and could even leave some with negative balances.
Dedicate a specific bankroll for each account solely for placing wagers. And withdraw any winnings separately as well to simplify balancing the books.
Similar to bankrolls, you’ll want to track bonuses distinctly on each account. Make note of the specific rollover rules, time limits, eligible wagers and other fine print that applies to every bonus.
Nothing is worse than neglecting to abide by playthrough rules and forfeiting hard-earned bonus cash or winnings. Stay organized and don’t let lucrative extra funds go to waste.
One of the simplest ways operators detect and restrict multi-accounting is by tracking logins from the same network or device across accounts. Combat this by ensuring you only access each account using distinct setups.
For example, use your home WiFi and tablet when logging into Account A. Then access Account B exclusively through a mobile data connection on your smartphone. Such isolation makes linking accounts to one player virtually impossible.
While the allure of endless bonuses and perks is strong, restraint goes a long way when multi-accounting. Sportsbooks and casinos do monitor abuse closely.
Once you’ve created a comfortable number of accounts, avoid churning out new ones regularly. Let each profile demonstrate organic gambling activity for some months before potentially adding another to the pool. Moderation prevents attracting unwanted attention from operators onto your operation.
Engaging in multi-accounting certainly isn’t without potential adverse effects. Failure to exercise proper precautions can seriously backfire on overzealous bonus hunters.
Before taking the leap, consider risks like:
Account closure and blacklisting
Bonus and winnings confiscation
Limited payment processing options
Increased identity verification hassles
Fortunately, problems like this are largely avoidable through smart management tactics as covered above.
Constructing an airtight system for juggling multiple accounts does demand some effort. But for avid bettors, the work needed is trivial compared to the long-term edge over the house that multi-accounting can provide.
While on the surface it may seem entirely unnecessary, maintaining secondary accounts and aliases offers some supremely powerful advantages for serious gamblers. The additional bonus funds, line shopping potential, promo eligibility and VIP perks are simply too lucrative not to pursue.
Just be sure not to overdo it with generating excessive accounts. And implement sensible financial tracking, device usage and activity pacing to keep each profile firing on all cylinders for as long as possible.
Wielded strategically, multi-accounting can be the ultimate weapon to amplify win rates and leave the bookmakers eating your dust.
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