It happens. However, this is more likely to occur if you bet with a minor sportsbook that can’t afford to support high rollers or if you violate your bookie’s terms of service. Unfortunately, even if you play it by the book and stick to large betting platforms, there’s still a chance your account will be banned for no apparent reason; however, if that happens, you’ll be able to cash out all of your money and keep winnings from settled wagers.