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Betastic / Betting Guide / What is the Maximum Bookies Payout in Cash UK 2024?

What is the Maximum Bookies Payout in Cash UK 2024?

Last Updated:
20/05/2024
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Betting Guide
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Knows all about Bookmakers

Find the biggest cash outs from a single bet

When it comes to betting, one of the most enjoyable aspects of the whole experience is collecting winnings. Placing a winning bet, however big or small, can be a tremendous feeling. But just how much is it possible to win from one bet?

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We’ve done the hard work for you! The bookmakers with the highest maximum payouts May 2024

We’ll get into it in more detail later on, but maximum payouts usually depend on individual sports betting markets. To see which bookies currently have the biggest maximum payouts, take a look below:

Ranking Operator Max. Payout for Football Max. The payout for Horse Racing
1. Bet365 £2,000,000 £1,000,000 ▶️ Visit Bet365
2. William Hill £2,000,000 £1,000,000 ▶️ Visit William Hill
3. Ladbrokes £1,000,000 £1,000,000 ▶️ Visit Ladbrokes
4. Betfair £1,000,000 £1,000,000 ▶️ Visit Betfair
5. Coral £1,000,000 £1,000,000 ▶️ Visit Coral
6. Betfred £1,000,000 £1,000,000 ▶️ Visit Betfred
7. Paddy Power £1,000,000 £1,000,000 ▶️ Visit Paddy Power
8 Betway £500,000 £250,000 ▶️ Visit Betway
9. BetVictor £500,000 £250,000 ▶️ Visit BetVictor
10. SkyBet £500,000 £250,000 ▶️ Visit SkyBet

A bit more about these high payout bookmakers

From Bet365 to Betfair, there’s a good chance you’ll have already heard of these bookmakers – but we thought we’d give you a little introduction to them anyway.

Bet365 maximum payout 2024

Easily one of the most recognisable names in British gambling, Bet365 has been at the forefront of online gambling for over 20 years. Boasting an eye-watering amount of betting markets on over 40 different sports, they really do offer something for every punter. On top of that, they’ve also got an excellent betting app that lets you watch over 200,000+ live streams while betting on the go. Oh, and there’s an excellent bonus offer worth picking up at the moment too!

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William Hill maximum payout 2024

William Hill is another major player in the UK gambling industry, offering competitive odds on everything from major football matches to more niche sports like netball and futsal. They’re also pretty generous when it comes to promotions – on any given day, you can expect to find racing specials, instant prizes, and enhanced odds.

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Ladbrokes maximum payout 2024

If you thought Bet365 had been going a long time, wait until you hear about Ladbrokes! Established in 1886, this long-standing bookie offers some of the best odds in the business. As well as all the major betting markets on football and horse racing, you can even find odds on television specials and even UK elections.

Betfair maximum payout 2024

Betfair offers you two ways to bet: on fixed odds with their traditional sportsbook, or via their betting exchange that allows punters to place back and lay bets on the outcomes of real-time events. Whichever you choose, you’ll get to enjoy a good range of special offers and promotions – just like the one below.

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Coral maximum payout 2024

A recognised name on many UK high streets, Coral offers an excellent online sportsbook with a broad range of betting markets and promotions to take advantage of. It’s a particularly good provider for horse racing fans, offering live streaming on the biggest races throughout the year.

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Betfred maximum payout 2024

From daily price boosts to the unique ‘PickYourPunt’ builder, Betfred offers plenty of incentives for punters to give them a try. Right now, they’re offering a hefty ‘Bet £10 Get £60’ bonus for all new customers – definitely one to check out!

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Paddy Power maximum payout 2024

Paddy Power is an Irish bookmaker, that started out in 1988 with a series of brick-and-mortar betting shops. In 2016, they merged with Betfair to offer an even bigger range of markets and features. A good one for new bettors –  their betting app is particularly intuitive, offering live scores, odds, and special offers at a glance.

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Betway maximum payout 2024

While most will be lured in by the £10 bonus bet offer, there’s more to Betway than their lucrative promotions. Take a look around the sportsbook and you’ll find an incredible range of betting markets and an excellent live streaming service – not to mention that Betway has maximum payouts of up to £1,000,000.

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BetVictor maximum payout 2024

If you’re in search of a sleek and user-friendly betting site, then look no further than BetVictor. This popular sportsbook also offers its customers a rewarding VIP scheme, along with regular promotions on horse racing and UFC markets.

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Sky Bet maximum payout 2024

With over 30 sports on offer, Sky Bet covers all the biggest games, matches, and tournaments – but it’s their tennis and football in-play markets that see the most action. With the SkyBet maximum payout at £500,000 for both football and horse racing markets, it’s a little less than the likes of Bet365 and William Hill – but certainly not something to be sniffed at.

Risk versus return – Daily bookmaker maximums

Collecting big payouts is obviously a big thrill if you enjoy sports betting. But collecting life-changing amounts of money from an online bookie is unlikely to ever happen. This is simply because online bookies set up their markets, odds, and betting limits with their profit levels as their main priority. The maximum payout bookmakers will make varies, sometimes from sport to sport, but it is rare that you would be able to collect more than £10,000 in a day from a single bookie.

Sometimes, pay-outs are restricted by limiting the size of the stake that can be placed on a bet. The best way to find out the maximum size of stake allowed for each sport is to check the terms and conditions on the bookies’ website. If the information is not displayed there, or in the FAQs section, then get in touch with customer services.

To make sure you get the most out of your betting experience, it’s worth reading up on some strategies – such as our Asian handicap explained and rollover explained guides.

Payouts vary according to sport

Another thing to bear in mind when checking the maximum size of payouts is that they vary from sport to sport. More popular sports, such as football, will probably have bigger maximum payouts than a sport like a table tennis, for example. The maximum bookie’s payout in cash grows with the popularity of a sport. You can usually check on the size of payouts by looking in the FAQs section of a bookie’s website. If you are having trouble finding the payout size for a specific sport, then it is a good idea to contact the customer service team.

Bookmaker payouts – what to consider

  • Payouts vary from sport to sport.
  • Check the payout size in the terms and conditions section.
  • Bookies limit payouts to protect profits.

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The effect of betting limits on the maximum payout

Another way that bookies restrict the amount that they pay out in winnings is to set betting limits. There are, broadly speaking, two types of limits that can be imposed on your account at bookmakers. These are general limits and individual limits. We’ll take a closer look at both types of limits here.

General limits

Most bookmakers operate using set limits to the size of bets that can be placed on certain sports. Some bookies set a maximum that applies to all sports that they cover, but many also set limits for each individual sport. This allows them to protect their profits, and keep the books for each sport balanced so that they profit from whatever the outcome of a sporting event happens to be.

There may also be a limit in place on the size of the stake that you can wager. Most online bookies are aimed squarely at the recreational punter rather than catering to the professional betting community. This shapes the size of the stakes that they will allow, and it also influences the odds that are available. A professional gambler would find many of the odds on offer at most online bookies uninviting at the very least. Similarly, many professional gamblers would also not like having the size of their stake limited. Online bookies will set limits for both odds and stake size in order to protect their profits.

Individual limits

Setting individual limits on pay-outs and stakes is something that many punters do to prevent them from falling prey to compulsive gambling. This is called self-limiting, and it can work well for punters who want to control how much they spend on gambling.

But bookmakers also set individual limits on punters without their consent. This can be for a number of reasons but is most commonly done because a punter is winning frequently. Many successful punters have seen bookies limit their accounts in order to protect revenue. You may be prevented from betting on certain sports, or you might find that the size of stake you can place has been limited. If this happens to you, there is little that you can do about it, other than taking consolation from the fact that it probably means that you collected some large payouts.

Tips on how to succeed with bigger payouts

So if want to collect a bookmaker max payout from a bet, how should you go about it? Well, the best answer to that question is that you should probably modify your ambition a little bit. Aiming to be as successful as possible as a sports punter is a better aim than simply trying to collect the maximum payout possible from a bet.

Plan and prepare if you want to place successful bets

The key to successful betting is to prepare properly. If you want to collect big payouts, you need to place successful bets. There is no other way that you can collect big winnings. It is also important to understand that there is no way of guaranteeing success as a sports bettor. Part of the fun of sport is that outcomes vary and making hard and fast predictions is never possible. The best way to lessen the effects of blind luck is to know as much as possible about your favoured sport. It’s also worth checking out betting sites with 5 pound deposit if you’re just getting into gambling!

The more you know, the more likely you are to place successful bets. Knowing about player injuries, dressing room conflicts or other issues will give you a much better chance of being able to read a sporting contest and improve your chances of accurately predicting the outcome. If you study the form curve of teams, you will get a good idea about how they are currently playing and what their confidence levels are like. The same is true in individual sports like tennis. When betting on a tennis match, you should always check the player’s results in recent weeks to make the best tennis predictions. It is also a good idea to look at the significance of a match, to assess what effect that might have on a player or team. Some teams and players do not perform well on the big occasion, losing in finals and other decisive games.

Another good way to boost your chances of placing a winning bet and picking up a big payout is to pick your bets carefully. You need to check the odds and cross-reference them with the other things that you know so as to spot which markets will offer the best returns. This is not simply a case of looking at the size of the odds. As with all things in betting, you need to make carefully considered decisions if you want to be successful.

Bookmakers will always look to protect their profits. After all, they are not charities. The only way to prise big payouts from them is to bet as successfully and sensibly as possible.

Looking for more advice and betting techniques? Head over to our no risk matched betting and cover spread explained guides!

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Betting Tips
07/11/2021 - 2:00 pm
Goodison Park
Tip:
Draw
3.40
Betfred
06/11/2021 - 3:00 pm
Brentford Community Stadium
Tip:
Brentford to Win
4/6
BoyleSports
06/11/2021 - 12:30 pm
Old Trafford
Tip:
Cristiano Ronaldo to Score Anytime
9/5
Unibet

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