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have a read and if it concerns you please sign
thanks
https://www.change.org/p/uk-gambling-commission-bookmakers-must-lay-advertised-odds-to-any-customer-up-to-a-500-liability-on-single-bets?recruiter=194969986&utm_source=share_petition&utm_medium=twitter&utm_campaign=share_twitter_responsive
thanks
https://www.change.org/p/uk-gambling-commission-bookmakers-must-lay-advertised-odds-to-any-customer-up-to-a-500-liability-on-single-bets?recruiter=194969986&utm_source=share_petition&utm_medium=twitter&utm_campaign=share_twitter_responsive
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Replies: 25
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It's a bit silly tbh. Bookies have ALWAYS shortened prices as soon as they get a substantial bet. You'd end up with them offering SP only.
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Arbers Charter
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The OP is asking all bookmakers to guarantee their price to £30 million. Yeah, that's going to work fine.
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The OP is asking all bookmakers to guarantee their price to £30 million. Yeah, that's going to work fine.
Is he? It looks like to me he is asking for a bet at advertised odds - is that really too much to ask? They then make a book - you know like what a bookmaker should actually do. |
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The gambling commission won't do anything. It's full of old biddies who spend the day knitting.
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£500 is somewhat excessive.
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Magic..Daps Is he?
Unitedbiscuits Yes Because every one over 18 in the UK would be entitled to the offer. It doesn't matter that you think that not everybody will bother, it matters that you will be standing in a queue behind an arber and all his extented family and friends. |
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Think they're allowing up to a grand on FOBTs, per day. Then on horse racing you're restricted on life to anything short of a quid. Thieves. Selecting foolish victims. Shouldn't they be a legit business and gain by overround? If they're not good at it then just close it up or hire back all the odds compilers that you got rid of years ago.
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unitedbiscuits 05 Jan 16 00:01
Magic..Daps Is he? Unitedbiscuits Yes Because every one over 18 in the UK would be entitled to the offer. It doesn't matter that you think that not everybody will bother, it matters that you will be standing in a queue behind an arber and all his extented family and friends. Seriously - not the arber line ffs, there is no liquidity on here to arb a single thing is there. Who is telling them to offer higher odds than on here in the first place? Advertise a price and lay it, it surely isn't too much to ask is it. If they want to cut the price they can and then you have a choice to go elsewhere or take the price that is ADVERTISED. I would happily take 11/2 if I could, even if it was 6s on here if I could get a decent bet taken because my bets are usually early morning and if when you stick up a score on here a bot jumps in front with 2 quid, something jumps in front of that and then books cut the price and a false gamble is off without a bet being taken. The exchange isn't even worth looking at in the morning for getting a bet on - let alone trying to arb anything! |
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They ought to offer the price they advertise but you can't expect them to hold it while thousands get on. Bookies hve NEVER done that.
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Who is asking them to hold the price? To me nobody is, if they cut it punter goes elsewhere. But all I would see happening here is you ask for 6/1 (they know you WERE restricted) and then say it's 9/2, you decline and then they go 6/1 again as soon as you put the phone down or logoff. Luckily IF this ever happened we punters have a voice through our racing media who would obviously expose it to the masses.....
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I know it's got out of hand in recent years but surely they have ALWAYS restricted certain punters such as Phil Bull.
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SS - everyone knows it has always happened but it has got to the point of craziness now. I have had accounts closed or down to pennies after 5 bets, I may have beat SP but surely ANYONE can guess 5 horses and probably 3 will shorten up no matter what. They must be closing or restricting so many mugs it's untrue. Their business plan is fobt, casino, fobt, casino, fruit machines, virtual, scratchcards and then betting.
I know a punter who is one of the biggest mugs to grace a betting shop, does his wages every week and has done for years. If he went online now he wouldn't last a day as he wants 3 figure bets on daily, he could hit a few winners or horses that shorten and he's gone. The saddest thing I think is how the books have changed their outlook since exchange and free money turned up with machines. Rather than have decent compilers and make books they have got rid of anyone with a clue and opinion, now are left with clueless compilers and just accountants who follow the exchange like lemmings (just look at all the constant price changes on oddschecker. 20 years ago in my local lads there were a few shrewdies who made money over the year yet none were ever phoned through to PTL, they were taken and they made a book - and the consequences of that was making money as a bookmaker. They had an opinion and went with it. |
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That's exactly £1,026.
That's just what I make it, Benny. Just what he makes it.....Pints of blood I'm giving.... You'll get it all back.... What good is getting it back if I've had a heart attack from paying it out?.. I'm sorry. You know I don't like doing this. You don't like doing this. I don't like doing this....So why do we go on suffering this way? Just because I've had a bit of luck for a change....... For a change, he says! For a change! Have a look at this....It's all in black and white in the ledger. In the last three weeks,..11 winning bets you've had..£2,433!..£2,433 you have taken from me! I tell you what I'll do..|Tomorrow I'll come in here and I'll bet the lot... - No, no, no. No more, Sid. It's finished. - Finished? From now on, there's a limit on you. £5 What do you mean?...What kind of a sportsman are you? What's with the sportsman?|If I was a sportsman, I'd be riding the horses. |
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I wouldn't disagree with any of that MD.
The problem was letting them have FOBTs in the 1st place. Gives them a no-lose business model. |
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Agreed SS, or put the max down to £2 per spin as requested by many....But then the gov don't get their cut do they.
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As you say Salmon they have always done it . And they have been splitting on prices ,to faces ,for Donkey's Years.
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it would be better addressed to the BHA than gambling comm
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Surely they should take £50 quid if advertised?
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I shall be signing.
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So many people moan about this subject and yet we have just 20 odd signatures.
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1 more
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i think if they had to lay a horse or dog or anything advertised for that matter to lose maybe £200 then if they choose to shorten it you should be able to back it at the revised price to win £200 again , if it shortens further then fine . i tight nk as long as they lay you at the price advertised, so if you'd had £50 at 4s and they shorten it to 3s you should be able to back to win 200 at that price and so on , if of course the price has already changed as somebody else has taken the price then fair enough.realistically you cannot expect bookies to lay horses to lose thousands in a bet.
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Should have been £500 liability on said horse per customer which is very straightforward online
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