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bookmakers restrictions - watchdog???

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Replies: 95
By:
bf_fananatic
When: 24 Apr 12 20:17
*interest rates
By:
bf_fananatic
When: 24 Apr 12 20:19
I am very surprised that a group has not got together and started an action group to put this matter forward to the office of fair trade.
By:
obratzov1
When: 24 Apr 12 20:22
i admire all this idea of campaigns, unfortunately i dont think it would get very far. who really cares about punters who are taking money off of bookies. you wont get much sympathy, even if you do get a 2 minute mention on tv.

i remember a good while back that i suggested bookmakers should stop giving out bog. i was shouted down by some as a turkey shouting for christmas.

i'll say it again. i dont think bookies would be closing anywhere as near as many many accounts if they didnt offer bog.

it gives punters too big an advantage.

i dont see why the bookies dont try this before resorting to closing accounts...
By:
guinness2dear
When: 24 Apr 12 20:40
Stopping BOG wouldn't make a blind bit of difference. They don't want the product, they love the advertising and cloak that Racing lets them hide under, but they make their money elsewhere.
By:
bf_fananatic
When: 24 Apr 12 21:08
The big problem bookmakers will have at some point in the future is the same problem that has decimated the public houses and that is competition from other forms of leisure and as more and more become computer literate and the television set top box market develops into truly interactive tv , the availability of direct comparisons of prices on sporting events will mean the exchange will take over the lions share of gambling business.

The hope that the niche market of FOBT will maintain their high street presence is a forlorn one as this product is found now openly in a virtual form on   many hundreds of gambling Internet sites globally and the competition here is even greater.

The time bookmakers decided to turn their back on winners and the concept of fairness will one day be a legacy of a dis-functional form of organized gambling revenue that has had its Day !
By:
peterhiggins
When: 24 Apr 12 21:21
say you had plenty of dosh and were so minded you take out full page spreads in the racing press to highlight the fact that bookmakers will close your account if you beat them and to show what they are like would the racing press then refuse your trade or if they continued would they loose the trade with the bookies
By:
bf_fananatic
When: 24 Apr 12 21:43
I reckon the Mythology that the bookmakers run by is slowly but surely becoming open knowledge and is mentioned many time in the press but how they can get away with claiming a chap walked into shop and was allowed to place £500,000 on a horses is a total farce as they will not accept that sort of bet at all and someone should try it out and expose them, would make great television!
By:
jasonk178.
When: 24 Apr 12 22:15
this is exactly the kind of story watchdog would love.it doesnt matter a fcuk if bookmakers are acting within the law or not in refusing certain customers bets.its just another example of the greed of large companies..and then theres always the possibility of exposing some of the more underhand tactics bookmakers use like shortening the price of known non runners in order to apply a greater rule 4!
By:
barry dennis
When: 24 Apr 12 22:24
artie, northern light, if I want to buy william hill shares @ say £2.30, which was the price quoted, and thousands of others want to buy at the same price, everyone is limited at that price, it gradually increases, its called supply and demand,

shall we tell watchdog the stock exchange aint playing the game.
By:
bf_fananatic
When: 24 Apr 12 22:28
The fact bookmakers cant even honor a price as quoted and advertised is yet another case of infringement of trade descriptions but of course its how a bookmaker is supposed to act as they
have roots firmly in the grim underworld historically, and no Barry its quite wrong indeed.
By:
bf_fananatic
When: 24 Apr 12 22:30
How would you deal with a punter wanting half a million on big bucks ? price drop or refusal
By:
bf_fananatic
When: 24 Apr 12 22:30
its a massive risk isnt itSad
By:
lookingforthewildman
When: 24 Apr 12 22:30
If ya win here they tell ya fukk off.....if ya lose.....they give ya tickets for events and send ya a bottle of wine at christmas.....no difference from bookies....
By:
Strawberryface
When: 24 Apr 12 22:32
bf_fanatic you are one clueless and ill informed individual.

Goodnight.
By:
The Headmaster
When: 24 Apr 12 22:33
Are you saying some people are not allowed to buy shares as they've shown a profit from their activites in the past, Barry?

Hopeless analogy.
By:
bf_fananatic
When: 24 Apr 12 22:34
Brilliant rebutle Headmaster, check mate
By:
lookingforthewildman
When: 24 Apr 12 22:35
Bf_fanatic is a nutjob.....everybody knows its mugs only on betfair......simple rule.....if they leave ya play.....ya aint making it pay.....
By:
motley01
When: 24 Apr 12 22:35
You really are f00king **** Mr Dennis, "you just have to learn to accept lower prices"
it's got nothing to do with lower prices as you well know. They are restricting
anybody who looks like they have a clue and who demonstrate dicipline when punting. ye are a
bunch of f--king sewer rats, who have bled this industry dry for 30 years.

Bye now
By:
lookingforthewildman
When: 24 Apr 12 22:37
Whatever bookies do.....one thing they dont do.....is keep up to 60% of yer money.....if ya back a few winners......
By:
lookingforthewildman
When: 24 Apr 12 22:39
Motley.....bookies may well be restricting people....i agree......so too are betfair but ya cant see it.....they hav made winning impossible......
By:
bf_fananatic
When: 24 Apr 12 22:42
And we all really know who the charge hits the hardest and its not punters!
By:
northanlite
When: 24 Apr 12 22:43
not the same thing at all though is it barry because if there are a number of shares available at 2.30 then i have same chance to purchase those shares as other customers if i'm quick enough.

the stock market would never be allowed to say that customer A can only have 10 shares but customer B who comes along 10 mins later can have 200.

anyway there have been dozens of times i have had not particularly big bets of 50 quid or sometimes less knocked back to sp only or a couple of quid only to see that the same price is still there half an hour later so that has had nothing to do with supply & demand.
By:
lookingforthewildman
When: 24 Apr 12 22:44
It hit the winning punters.....the ones that could win on average about £500 a week.....those heavy hitters.....
By:
bf_fananatic
When: 24 Apr 12 22:44
I cant reveal too much but I am pretty clued up into how the markets and various users operate and by what effective method they achive a profit , greedy bookmakers love slating Betfairs unique and brilliant approach and get use it to make profits themselves, use a little imagination!
By:
bf_fananatic
When: 24 Apr 12 22:46
offer unfair prices then arb it where fair prices are on offer suported by the general public, nothing changes, except charge ratesWink
By:
lookingforthewildman
When: 24 Apr 12 22:47
Ya are clued up about fukk all.....
By:
bf_fananatic
When: 24 Apr 12 22:47
My family have been into boookmaking and I could work out over-rounds in nappies mate.
By:
lookingforthewildman
When: 24 Apr 12 22:48
Put on one of those nappies and go to bed ya fool ya.....
By:
bf_fananatic
When: 24 Apr 12 22:49
Grin
By:
motley01
When: 24 Apr 12 22:54
They are not just only restricting people, they are closing accounts for beating
sp's, irrespective wheather the f--king thing wins or not ffs, and for numerous other reasons.
Their marjins have been squeezed by the vast amounts that have migrated to betfair, they have invented every f--king
betting medium to divert money away from racing. Every betting shop in now a mini casino, thieving from the
poorest communities with the FOBT'S. As regards being restricted on here, it's a very select few, hardly comparable to how the bookies are behaving is it. A bunch of f--king sewer rats
By:
bf_fananatic
When: 24 Apr 12 23:21
If did a scientific report into all aspects of addictive gambling it can be found that its the adrenalin rush(feeling of risk) that is the addictive component , rather like why a base jumper or skier tries ever more daring stunts to achieve maximum rush. Now with betting you have to have time to work out the effects of the results of the risk that you have just gone through or you can become trapped and indeed addicted to the high levels of adrenalin in your body which will override the ability to think your way out of the heightened state of mind.

The Bookmakers are fully aware of this trapping effect of Heightened state of adrenalin ad promote it wrongly by having now 2 minute intervals between racing events and the bombardment virtual   betting events to speed up the  process and thus give punters even less time to think there way out of the increasing feeling of loss via calculating the risk or taking flight, another primitive bio-state for survival. the FOBTs work on the same principle and feed the adrenalin into now young minds at minute intervals almost as if on a drip feed and my heart goes out to all those that are stuck into hat lifestyle that is thrown at them by very high street firm now .

The fact this is allowed to go on in out streets instead of designated casinos is not good for the our culture generally and is pulling the next generation away from normal sports betting which is played as second, no third fiddle in the hope of evading levy payments.

If the government cant act against this exploitation its merely because they themselves look too gaining more tax are are Dependant from this resource instead of giving young people hope, teaching and jobs which is what is really needed but never supplied by repeated poorly performing governments that have let all the main sources of commerce and trade in this country slip behind Europe and the rest of the world by ignorant past over-taxation of British based companies.

Phew as you can see its a complex social problem and it doesn't just involve bookmakers it involves all of us and future generations to come.
By:
bf_fananatic
When: 24 Apr 12 23:28
At least sports betting encourages you to think and gives you the time todo so and though risk, the skill element can be good espically when playing against other exchange players at better odds, the fact betfair dropped virtual racing was a milestone for a betting company as it wants to be different and offer a better expierience, which it does every day and in it own unique way.Cool
By:
bf_fananatic
When: 24 Apr 12 23:30
Their simply is no comparison between a bookmaker and an exchange for many reasons, period.
By:
screaming from beneaththewaves
When: 25 Apr 12 00:30
obratzov1     24 Apr 12 20:22 

i'll say it again. i dont think bookies would be closing anywhere as near as many many accounts if they didnt offer bog.


I have letters from C0ral, Coomes and AR Dennis closing my accounts as long ago as 1990. That's 22 years ago, when no bookmaker offered BOG (and no punter could arb).

These days you have bookmakers blaming arbers, punters blaming BOG, barrydennis blaming thin margins ... the fact is, though, that closing shrewd accounts is what bookmakers always have done and always will do. The only thing that has changed in the last decade is that this wretched site has emerged, providing them with a free and accurate tissue. As a consequence, H1lls and Laddies, who used to accommodate known shrewdies to reasonable sums as a way of getting their card marked, have realized they no longer need such information. Hence the recent purges.

They don't even keep accounts open on a heavily restricted basis any longer. Why would they need to? A glance at Betfair tells them exactly what to lay and what to swerve.

Basically, if you can keep your head above water long enough, every bookmaker you use will close you down.

Is it right? Is it worth investigating? Well, on the basis that customers are only allowed to gamble if they lose, there are definitely uncomfortable questions with respect to encouraging "responsible gambling". The trouble is that the only people who would be concerned by this and would take action would be those who want to restrict and/or abolish gambling.

That's the only follow-up I could see coming from any Watchdog-style publicity: a Salvation-Army led campaign to abolish bookmakers, with Betfair caught in the dragnet. It would be a real vote-winner too.
By:
bf_fananatic
When: 25 Apr 12 02:11
Totally agree with your comments SBTW, its pointless us all complaining about the unfairness of companies polices and practices when its been this way since year nod and anyone using accounts with bookmakers is more or less saying watch every move and bet I make.

Its not impossible to win from the bookmakers and many bets are made at such places on a regular basis.

Recently a horse on the AW was backed down from 40/1 to sevens in the offices then drifted to 14/1 and still won nicely and these weren't account bets but carefully placed bets from organized groups and this has been effective to the count of millions of GBP over the years. The bookmakers like to think they have every kind of security thats possible but at the end of the day they are open to risk just as much as any other form of business and an attack on Bookmakers would only become a much larger moral issue circling Gambling of which its best not to rock the boat.

Not while the boat is packed full of sardines ready for prospective sharks to dine on that is.Wink
By:
thesecret
When: 25 Apr 12 02:18

Apr 24, 2012 -- 4:34PM, peterhiggins wrote:


Dear Peter,We are writing to you to let you know that we have reviewed your account.  As you will be aware until now your account has been heavily restricted and the bets that you have wished to place haven't been accepted. We have taken the decision to close the account rather than continue to offer a heavily restricted service. Your account will remain open for the next 48 hours, please withdraw any balance during this time; once your account has been closed you will have to call us if you wish to withdraw any remaining funds.  We are aware that you may be unhappy with this decision and apologise for any inconvenience. Your sincerely,  Ladbrokes Customer Services Team


ha ha , had exactly that tonight, 48 hrs to claim my cash or they would make it a pain in the arse to get it......T***s....

By:
bf_fananatic
When: 25 Apr 12 02:29
Its painfully obvious that they only want Gamcare students in the shops and its winners down the winding road.
By:
bf_fananatic
When: 25 Apr 12 02:30
Wont they let you have £500,000 on big bucks next race and a coffee for old time sakeWink
By:
thesecret
When: 25 Apr 12 03:07

Apr 25, 2012 -- 2:30AM, bf_fananatic wrote:


Wont they let you have £500,000 on big bucks next race and a coffee for old time sake


not even 50p....still,good while it lasted...Sad

By:
Strawberryface
When: 25 Apr 12 07:52
If you start a "betting is unfair" campaign you will find that it will get hijacked by pc players complaining how unfair BF is.

What is a bigger story to the uninitiated general public the fact that some people can't get a bet on or the fact that some people are paid only 40% of their winnings?

Based on the people I know I'll go short odds that those who pay the top end premium charge would be able to engineer the debate their way.

Either way is there any difference between what BF do and what the off course firms do? If you were happy to take prices that were 40% of the current show I'm sure all shops would accomodate you.
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