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£2 for FOBTS max - WILL be

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Replies: 125
By:
DenzilPenberthy
When: 24 Apr 18 14:08
Probably michael59 but at least they will be thieving less money from the vulnerables
By:
sparrow
When: 24 Apr 18 14:12
michael59    24 Apr 18 14:07 
bookmakers ( i use that term lightly ) will never take any risks re horse racing they are a different animal in 2018 compared to 1998. they will just carry on with their machines their cartoon racing the dogs the football etc etc and us as horse racing punters will see no difference whatsoever



Precisely michael, which is why I can't understand punters on here going on about the machines it all the time.
By:
sparrow
When: 24 Apr 18 14:12
*going on about the machines all the time.
By:
screaming from beneaththewaves
When: 24 Apr 18 14:15
Correct.
By:
pixie
When: 24 Apr 18 14:16
Yep, correct, Sparrow.
By:
mouse muldoon
When: 24 Apr 18 14:17
We can still take some degree of pleasure in their demise.
By:
DenzilPenberthy
When: 24 Apr 18 14:19
The obvious reason for me is it's completely wrong to take as much free money from the vulnerable and clueless whilst purporting to be bookmakers and not taking bets from genuine punters whilst using racing as a loss leader for extra thieving opening hours.
By:
sparrow
When: 24 Apr 18 14:21
That's all very nice denzil, but would you still be bothered about the "vulnerable and clueless" if the restrictions were lifted tomorrow.
By:
mouse muldoon
When: 24 Apr 18 14:24
Well if I were to start frequenting LBOs again, I know I'd find the experience more pleasurable if I knew the riff-raff were elsewhere.
By:
screaming from beneaththewaves
When: 24 Apr 18 14:25
Anyone who uses an exchange is by definition hoping to exploit the vulnerable and clueless.
By:
DenzilPenberthy
When: 24 Apr 18 14:25
Not on a personal point of view sparrow which I've said before but they can't have it all ways which is how they've got it and want it.
Taking bets from genuine punters would balance things out to some degree so bookmaking returns to a scenario where punters can win and bookmakers can lose not just all one way.
By:
sparrow
When: 24 Apr 18 14:26
I would prefer bookmaker punters on here to improve liquidity rather than return to betting shops.
By:
DenzilPenberthy
When: 24 Apr 18 14:28
screaming from beneaththewaves

| Topic/replies: 10,662 | Blogger: screaming from beneaththewaves's blog
Anyone who uses an exchange is by definition hoping to exploit the vulnerable and clueless.

Not at all I'm a backer only and only bet on here because I can't with bookmakers (like 1000's of others) and usually at shorter odds than I otherwise could have (which probably makes me clueless to a point).
By:
mouse muldoon
When: 24 Apr 18 14:29
Market makers would be far more beneficial to liquidity on here than the betting shop punters. For some reason they decided to drive them away though when they brought in the premium charge.
By:
ribero1
When: 24 Apr 18 14:29
Believe it when it happens but fantastic news if it does,as usual plenty singing from their own hymn sheet and even worried about the demise of betfair!no chance of that happening,the gambling industry will still be a massive earner for the Govt from the big boys.
How any genuine punter can condone these machines is beyond me.
By:
sparrow
When: 24 Apr 18 14:29
screaming from beneaththewaves    Joined: 30 Jan 05
Replies: 10662 24 Apr 18 14:25 
Anyone who uses an exchange is by definition hoping to exploit the vulnerable and clueless.






Don't worry yourself screaming as I would much prefer to lose to you than say William Hill.
By:
screaming from beneaththewaves
When: 24 Apr 18 14:47
Thank you, sparrow. I will send you a diary.

But my point is that whether you're a backer or a layer, and whether you put up a price or take one, you're hoping every time that the person on the other side of your trade is going to do their dough. And the best chance of that is if the person matching you is chasing, or desperate for a bet, or drunk, or a professional footballer. The last thing you want is to be matched by someone in control of their punting who knows what they're doing.
By:
sparrow
When: 24 Apr 18 15:09
No different to a game of cards screaming. That's gambling like it or not.
I like the variety of the exchanges as in being able to bet place only for 3 or 4 places and laying. I spent the best part of 40 years punting with bookmakers and could never go back to that sort of restrictive betting such as the EW bet.
By:
Wildcat Army.
When: 24 Apr 18 15:20
Whilst I don't expect bookmakers will suddenly change their attitude and lay any bet at any price I expect their business model will have to change drastically with the guaranteed income they have been so reliant on from the FOBT's for the last number of years.  Shops will close, staff will lost their jobs but those staff won't have to work single manned in a shop with Eastern Europeans getting violent as they lose massive sums each evening.  There will be no need for the shops to open at 7am in a morning anymore and no need for them to close at 10pm either so the staff that do stay on will have a much better working life as well.

Has today's news sparked some life into the bookies ?  Who knows... but I'm a £25 max person normally when PTL and they have never once offered me anymore than that on any football market when rang to a trader.  Can I have £100... no you can have £25 and the balance at this price, Can I have £5k... no you can have £25 and the balance at this price.  Today.... Can I have £1000 on Whitehawk at 3s as per your screen Mr Trader.... No.. you can have £50.

I have never ever ever in my years of a PTL Customer ever been offered £50.

Maybe the tide is turning.....
By:
ronnie rails
When: 24 Apr 18 15:31
whats the latest on the slots games soon do 50.00 in on high roller slots.
regards
Ronnie.
By:
Wildcat Army.
When: 24 Apr 18 15:39
How many play slots though ?  Roulette is the game that the majority play on the FOBT's... at £2 a spin, nobody will play them.  Why ?  It's very rare to see someone play just £2 on one number to win £72.  They will spread their chips around the board with various different amounts won or loss on each numbers.  For £2.. you can have 20 x 10p chips to win £3.60 on each one.  That's not going to tempt anyone really to a big win.  People say that the benefits crew will now ply their trade online instead, I don't think they will.  The majority of people on benefits are straight to the cash point as soon as they get paid at 12:01am, that's why cash is a big thing with the bookmakers appearing in the deprived areas to grab a piece of the pie.  If it was appealing for them to already play online then they would have done so already and the shops wouldn't be as big a business as it is.  Hills have the Quickcash option for punters to deposit into their accounts quickly and easily as well as withdrawing back over the counter the same day.  This might still attract punters, but they will soon be put off if they have to collect more than £100 and suddenly they are asked to provide photo id by "security" of themselves standing on their heads, with a picture of their passport next to them whilst reading page 14 of the Daily Mail..... oh and don't forget to include ALL the edges of the document as well.
By:
DenzilPenberthy
When: 24 Apr 18 15:42
Does anybody know of any professional FOBT players?
I know some people who are always winning though those characters have a habit of forgetting to mention losses.
By:
ronnie rails
When: 24 Apr 18 15:43
wildcat
take it from me plenty play the slots
regards
Ronnie.
By:
howard
When: 24 Apr 18 15:54
ronnie it can't take much out from the cash roulette boys. As wildcat says it's massive business. You keep watching cos half the shops will close.
By:
DenzilPenberthy
When: 24 Apr 18 15:58
Surely someone like ronnie would be an asset when shops close and his job will be very safe,it's the clueless deadwood that will be thrown out as they are little more than arcade cashiers anyway.
By:
DenzilPenberthy
When: 24 Apr 18 16:04
I should elaborate that ronnie (from what I've read on here) has been around in all betting shop circumstances and will cope better than most if bookmakers become bookmakers again.
By:
Wildcat Army.
When: 24 Apr 18 16:07
Agree with Denzil... someone who is allowed to take an opinion on a bet and doesn't have to revert to the "well he's just had £40 on a Jordan 1st Division game that is on the coupon... MAKE HIM PTL ALL !!".

It will be Hills newly formed staff that will take the biggest plunge... they restructured the area manager positions only what, 12 months ago... those members of staff who have 8 shops in a close area will be no longer needed when they only have 2 or 3 on their books.
By:
ribero1
When: 24 Apr 18 16:14
The greedy dogs must be wondering how it came to this for them? Surely they realised it couldn't last forever and surely should have taken some preventive steps years ago with their vast PR machines oiling the wheels of governments and made a voluntary deduction.
Wonder if they'll bother wheeling that bumbling oaf Lawrence Robertson Tewkesbury mp again or will all lunches have been cancelled?
By:
ribero1
When: 24 Apr 18 16:16
Sorry should read reduction.
By:
impossible123
When: 24 Apr 18 16:19
If announced by Government I'd be ecstatic. I do not care where or how the BHA find the revenue to fund horse racing as long as it does not come directly/indirectly from fobt. Maybe Nick Rust could do a sponsor eat, walk, swim or dunk; a culling of the over excessive run-of-the-mill non-entity horse racing programme that go into the night and weekend is long overdue. But horse racing must not be funded from the proceed of fobt, period.

I also do not care about the probable redundancies of staff in high street bookmakers arising from a £2 max fobt limit; these excess labour would probably be those unskilled and hired to facilitate fobt and not other sports eg horse racing. A retrain of these individuals will be productive for both future employers and employees. Similarly, I also hope the likes of Mr Andy Horny and Mr Simon Clare are amongst the excess labour shed as they have been on this gravy train for far too long. Hopefully a proper, decent and genuine job not associated with fobt or bookmaking.

The high street bookies could re-invent themselves as high street casinos, but fobt should not be housed in a high street bookmaker under the present betting and gaming law; they ought to be outlawed, and have no place in the high street s they are so evil!
By:
howard
When: 24 Apr 18 16:54
Screaming , there's a new exchange opening with live video instantly showing the reaction of any  player you have just taken anything bigger than £100 off. Be honest it would be fun. Devil
By:
mouse muldoon
When: 24 Apr 18 16:55
https://www.youtube.com/watch?v=7lvpwdUEINA
By:
screaming from beneaththewaves
When: 24 Apr 18 16:57
@Ribero1: I doubt whether the shareholders in any of the betting shop chains would have stood for a voluntary restriction on FOBT stakes, even to £20. The latter would have resulted in an immediate, short-term drop in the share price. (In the long term the share price would have recovered, of course, as investors realized they'd reduced the chances of the doomsday £2 scenario being imposed; but shareholders seem to have zero interest in long-term profitability.)
By:
screaming from beneaththewaves
When: 24 Apr 18 16:59
Since when have you had a webcam in my living room, mouse?
By:
mouse muldoon
When: 24 Apr 18 17:00
Grin I thought it was zodie
By:
pixie
When: 24 Apr 18 17:14
A stake reduction to £20 would have resulted in mass shop closures too; £30 would have had little effect.
By:
screaming from beneaththewaves
When: 24 Apr 18 17:25
Fair enough, pixie.

Just a reduction of any size might have looked good enough from a public relations point of view to keep the anti-gambling lobby at bay.
By:
pixie
When: 24 Apr 18 17:46
To be honest it's become so politically toxic, SBTW, the government only have two options; Follow the Gambling Commission's advice and set it at £30, ignore the antis and continue to rake in the tax - not just a considerable sum but p1ss easy for them to collect too, or make the popular choice and become all nanny state and reduce the stake to £2, which in effect prohibits them altogether but will at last make this campaign disappear once and for all. I'm sure representatives of the big boys are on their knees pleading with government to allow loyalty card holders to play at £30 a pop and the rest playing at £2 but I can't see government ever agreeing to this as the antis won't go away if this were allowed so would achieve little.

The shock in the article is that Philip Hammond said he wanted the tax shortfall to be made up. If this is the case he can't squeeze it out of retail as that would put the boot in further and would enforce pretty much every betting shop to shut so he would have to look to on-line. This would be bad news for the on-line operators and punters alike as any significant costs will be passed onto the punter ultimately. Kenny Alexander of GVC must be regretting being so hasty in buying Ladcrooks/Jokes.

The irony is, the antis on here who consider themselves shrewd and not 'mug' betting shop punters will be far, far, worse off with a spin of £2.
By:
DenzilPenberthy
When: 24 Apr 18 17:50
Easy enough to solve the problem have lower stakes in betting shops i.e recreational numbers £2 or so.
Anyone who wants to play bigger can join a casino if they wish then no nanny state argument and the attached violence that comes with FOBT losers can be dealt with better in a casino environment.
By:
Lee Ho Fooks
When: 24 Apr 18 18:00
ffs just get a move on & do it, sick of hearing about it now.
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