Gnoming is a term used for operating multiple betting accounts with the same bookmaker.
There is much discussion as to whether gnoming is illegal, fraudulent or at the least will result in the voiding of bets and closing of all related accounts.
Certainly bookmakers do not allow it, the reason is that it affords you an advantage against them, more accounts means more bonuses, and more ways of colluding (with yourself as it happens) to beat the bookie.
Now we're no friend of the bookmakers, but you don't bite the hand that feeds you.
Matched Betting is tolerated by the bookmakers, and advantage play as well, because we drive turnover and we're in the minority compared to the mug punters.
There is much discussion as to whether gnoming is illegal, fraudulent or at the least will result in the voiding of bets and closing of all related accounts.
Certainly bookmakers do not allow it, the reason is that it affords you an advantage against them, more accounts means more bonuses, and more ways of colluding (with yourself as it happens) to beat the bookie.
Now we're no friend of the bookmakers, but you don't bite the hand that feeds you.
Matched Betting is tolerated by the bookmakers, and advantage play as well, because we drive turnover and we're in the minority compared to the mug punters.
Having lots of accounts with different bookmakers is to be encouraged, it's the way to get the best value and take advantage of all the bonuses that are available. Having having or operating multiple accounts at a single bookmaker, or on behalf of other people is to be avoided completely.
There are some sites that are 'partner friendly', meaning that two people at the same address, say a husband and wife, can hold accounts. This does not mean that one person can operate both accounts though. Sure it can be done, and there's nothing anyone could do to prove it was a problem, but if you're betting smart with those accounts the chances are they'll both be shut down long before an individual account would be.
So partner friendly you could, just about, argue is a grey area. What is not a grey area is setting up accounts in other people's names for the sole purpose of defrauding a bookmaker. This could involve other peoples accounts and even the faking of ID. Even using someone else's bank card, with their permission, is a breach of the terms and conditions of that account and could result in it being shut down, not to mention the bets being voided and you being left with potentially a huge lay somewhere else with no bet matched on it.
All in all, it just isn't worth gnoming bookmakers. Have you really got through every online bookmakers sign up bonus, done so much trading, arbing and if bets that they've gubbed all your accounts? I doubt it, but if you have and are considering gnoming, just remember that the consequences of gnoming could be far greater than the potential profit.
There are some sites that are 'partner friendly', meaning that two people at the same address, say a husband and wife, can hold accounts. This does not mean that one person can operate both accounts though. Sure it can be done, and there's nothing anyone could do to prove it was a problem, but if you're betting smart with those accounts the chances are they'll both be shut down long before an individual account would be.
So partner friendly you could, just about, argue is a grey area. What is not a grey area is setting up accounts in other people's names for the sole purpose of defrauding a bookmaker. This could involve other peoples accounts and even the faking of ID. Even using someone else's bank card, with their permission, is a breach of the terms and conditions of that account and could result in it being shut down, not to mention the bets being voided and you being left with potentially a huge lay somewhere else with no bet matched on it.
All in all, it just isn't worth gnoming bookmakers. Have you really got through every online bookmakers sign up bonus, done so much trading, arbing and if bets that they've gubbed all your accounts? I doubt it, but if you have and are considering gnoming, just remember that the consequences of gnoming could be far greater than the potential profit.