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09 Apr 10
11:08
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Date Joined:
29 Aug 06
what is the general rule of thumb ?
under staked : bet proportionaly adjusted
over staked : over stake returned
correct ? what does mangers discreaton mean ?
under staked : bet proportionaly adjusted
over staked : over stake returned
correct ? what does mangers discreaton mean ?
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Replies: 11
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over staked settled in proportion too imo
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thats what i thought ...not so i have been informed overstaked = overs returned in (share price through the floorbrokes )
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As a Ladbrokes employee, I can confirm that in the case of an overstake, the excess stake is returned as voids.
This may differ to some other bookies, but is always the case with Ladbrokes. You'll be able to check this out yourself on a rules poster which will be somewhere in the shop. |
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its a bad rule as overstaking is a mistake and unless the selection/s win you dont see it back ....they never even picked it up ...its all " the system " the computer "
bla bla ...the system or puter aint ever gonna say " sorry sir we took to much money from you for the bet you placed ,your selection lost but here is your void over payment " SHARP PRACTICE FROM LADCROOKS |
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I used to work for labdrokes and heard of a customer (a man in his 70's) who used to place 1p comb forecast doubles, through the card and selecting 4 dogs. He'd pay for as if he'd only picked 3 dogs. Of course you couldn't capture them in Epos. So the dopey bird would manually settle them, without realising the bet was way understaked. He's win hundreds a week. When she phoned up the nearest shop to confirm it, she would just quote the results, and check the amount was right! He got away with it for weeks and claimed he didn't know how to stake it and though it was right! However, he put it all in the FOBT, so there is a moral here somewhere!
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I think (completely non-biased) that I prefer Ladbrokes' rule with this: as you say, it is usually a mistake.
Sure, if you have overstaked then there's the onus on you to collect the voids rather than throwing away an otherwise losing bet. All bets are put in manually by the staff, so if you have genuinely overstaked, then you will get the money back. I can't speak for this specific occasion, but things can very rarely be blamed on a 'system error'. However, mistakes can happen to anybody and I'm sure the staff behind the counter wouldn't do anything on purpose. On the rare occasion that a mistake does happen, I'm sure they'd apologise and put it right for you. Did you get the excess stake back? |
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RE: Barry Conway
That's quite interesting - I wonder if the man genuinely knew he was understaking or not? I can see how this kind of thing could happen: I know the odd mathematically challenged member of staff that this would probably work with. However, I believe that the current version of the EPOS can now accept 4 dog CFCDs, so this wouldn't work these days. |
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I know the odd mathematically challenged member of staff
That is the Understatement of the year, (0% of them would be lost if both EPOS and the settling machine broke down |
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if you overstake a dodgy e/w you'll be told to eff off
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LOL 90%
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zilzal1: I was trying to be kind... but you're probably right :p
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