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From next Monday for bets over £200 (FOBT: £500) they will require source of funds info.
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Replies: 47
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haven't been in a bookies since 2010 but surely those kind of bets are referred anyway?
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Shows you where their interest lies!
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Good luck getting £200 on in a Laddies.
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Can you post a link for this ?
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source of funds is not the same as affordability.
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If I want 200 notes on I go to several shops.
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sorry dave. I got mixed up
So what kind of info will they want ? |
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no link dealer.. came from Racing twitter
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A Ladbrokes shop anywhere.
Punter wants £300 on a 100/30 shot. Source of funds requested. Let's assume punter can and does supply. Takes 10 mins. Right Sir, You've demonstrated SOF now the bet - £20 at 5/2 ok? |
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 those were my thoughts paris |
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^^^^where the money comes from ie savings or selling a house would be a legal source of funds but not a sustainable expenditure.
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Yeah parispike... I can't imagine they take these bets anyway or are referred to HQ?
I don't know.. haven't been in one for a long time. |
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From who on twitter punts ?
Imo far too much work still to be done on this before it hits shops, for everyone punting to those stakes. In truth if it ever does come in at shop level, at the moment near impossible for it to work |
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Another of punts inside info twitter sources
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dealer: I wouldn't imagine many people bet at that level anyway!
if I was doing a coup it would be in 20's or something like that in many shops... |
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Plenty punting at that level and more in shops.
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FOBT 500?
Why the difference? |
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OK dealer when I was last in one in Brum around 2010 it was full of pensioners betting 50p e/w
 Also not a very nice atmosphere. I don't think they liked me (imagine that!)  |
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Last time i was in a bookies, all it had in were eastern europeans around the FOBTs.....atmosphere was toxic
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what concerns me more is being a winning punter and getting free bets..and bf customers long term winners and no PC..
never happens to me. |
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greenie: worry about your own betting and not mine. ty .
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Dealer ,I have managed many shops back in the day , people punting at that level were a rarity
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To make sure there's no misunderstanding whether it's exact £200 or over £200 i could see £199 stakes becoming quite popular.
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Deffo 499 on the roulette
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Unlikely anybody would have the proof on them if they go in to put a bet on.
What's the point anyway. There are 5 bookies within 50 yards in my town. You could go in all 5 and spread your cash. The odds on Ladbrokes standing out with best price is 50/1. So a policy that solves nothing. |
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Depends where shop is; ladcrooks in Curzon street probably never took a bet under £500.
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Casemoney I've been 41 years in the business in some form of another, can only speak for the area I'm in but it would surprise many how much some of these shops are taking. Betting terminals taking loads, still OTC business and fobts on in a couple of weeks.
The firms are spending plenty, in shop technology and refurbishment. The vast majority in shop punters wouldn't know what a restriction is. |
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I wonder what will happen if you win a monkey, collect, hang around a few minutes, then ask for £300 on something else.
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Clearly a belated April Fool joke ....a bookie taking a stake over £200.
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Been out of it a Long time D , were no machines in my time ,The evenings and Sunday bizz came in and I went out
 Mainly round West London for Various firms . |
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I wonder what would happen if you won 200 on the slots and then tried to stick that 200 on a horse.
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I wonder what will happen if you win £600 on a horse, then try to stick that on the slots!
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They would line your path to the machine with rose petals
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It won't be long before someone loses a few hundred on a machine and then turns to walk out the shop and a staff member rushes over and asks for proof as to why you need to stop.
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So I can lose £500 in an FOBT where I have no chance of winning and the max win is £500, but only £200 on a sports bet. That makes sense
 .You know what too many tweets make... |
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I haven't been in a shop for about 6 years or so, my mate managed for P.P. in Streatham and I used to pop in to see him every now and then. OTC was poor in slips and turnover but the FOBTs were pretty strong. 2 groups of Eastern European laundering drug money mainly and the rest was people on the rock and roll putting their benefits in and invariably doing the lot. He hated this side of the job and jacked it in a couple of years ago.
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