by richard s Sun Nov 09, 2014 9:43 pm
I can't see any reason not to keep a working bank in a bookies account. They need to be trusted and even if they do decide to close the account they will let you draw your winnings.
Like all organisations dealing with money, they are subject to money laundering legislation, and have to undertake KYC checks. (Know your client, for the uninitiated). They will set a limit as to how much deposit they will accept, based on the basic checks carried out automatically when you open the account. Possibly it is money laundering concerns that sometimes cause delays in releasing funds back to punters. Annoyingly, they are forbidden to tell you about these concerns. This would constitute 'tipping off' under the legislation.
As long as you are who you say you are and not a drugs lord or terrorist, you should have no worries.