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Oldgit1
30 Sep 21 14:44
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Date Joined: 04 Oct 02
| Topic/replies: 3,625 | Blogger: Oldgit1's blog
Logged into my Bet Victor sccount and this came up
Asking for employment and income
Why do we ask this?

As a licensed operator we are committed to help protect you from gambling related harm by ensuring you only spend what you can afford.

Once submitted, you won’t be able to make changes for a while. If you do need to update your information, please contact us at the link below.

If you don’t provide accurate information, we may have to suspend your account until we can get in touch and verify your details.

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Replies: 61
By:
freddiewilliams
When: 30 Sep 21 14:51
Fair or victor
By:
sparrow
When: 30 Sep 21 15:00
I was thinking the same freddie Grin
By:
dave1357
When: 30 Sep 21 15:05
There have been many threads about affordability and source of funds, did you bother to read any of them, oldgit1?
By:
IDKW
When: 30 Sep 21 16:02
Withdraw your funds..tell them to F*** O**, go elsewhere.
By:
dave1357
When: 30 Sep 21 16:22
and when "elsewhere" asks the same questions?
By:
Oldgit1
When: 30 Sep 21 16:36
"Fair or victor"
Sorry Victor.I could not get past the page. What's their hurry for an answer.
By:
ballyregan
When: 30 Sep 21 16:42
tell them you are a male escort and it is cash in hand work
By:
The Management
When: 30 Sep 21 16:45
"Their hurry" is that they have been profiling addicts and problem gamblers for about 20 years in order to fleece them - now they are in a hurry to gather some evidence that they aren't doing that any more.
By:
Oldgit1
When: 30 Sep 21 16:48
"There have been many threads about affordability and source of funds, did you bother to read any of them, oldgit1?"
I've probably been reading them for about two years but expected to be asked to fill something in at my leisure not have it plonked in the middle of the screen when logging on.
By:
Oldgit1
When: 30 Sep 21 16:56
"tell them you are a male escort and it is cash in hand work"

That sounds better than I've been retired for 28 years and live on pensions and investments to diverse to list.
By:
ballyregan
When: 30 Sep 21 17:04
It is a stinking mess oldgit1 I sincerely feel sorry for you having to answer trivial questions and give out personal stuff that is none of there business just to have have a recreational bit of enjoyment.
The majority have had to upload personal stuff they are uneasy to give out just like me but considering you are elderly it must very hard to upload stuff on line not everyones technically aufait with these things it is just a stress you dont need goodluck.
By:
elise
When: 30 Sep 21 17:25
you won't avoid it anywhere, some are more intrusive than others, i've had a couple of phone calls which lasted 20 mins ish, a couple that I've had to fill out emails for and one which required loads of financial info with proof of funds to support my betting, suspect they will tighten it in time as well
By:
jamesdean
When: 30 Sep 21 17:29
It will go the other way imo. People wont put up with it and they will slacken
By:
ballyregan
When: 30 Sep 21 17:30
I've done it elise with betfair I have done everything going
By:
Oldgit1
When: 30 Sep 21 17:36
" you won't avoid it anywhere, some are more intrusive than others, i've had a couple of phone calls which lasted 20 mins ish, a couple that I've had to fill out emails for and one which required loads of financial info with proof of funds to support my betting, suspect they will tighten it in time as well"
It seems to have been quite random how they suddenly pick on people rather than have a required date to give them the information by.It's not something that one can fill in when it's a demand put in the middle of the screen and how does one know it is genuine and not a scam.
By:
elise
When: 30 Sep 21 17:42
most bookies have started with deposits higher than normal, a large loss, several deposits in a short time etc, some books have not yet even begun and because this is gov driven at some point they are going to standardise and all do similar
By:
ballyregan
When: 30 Sep 21 17:43
what type of customer are betting companies actually looking for now imo all customers of any ilk are treated the worst of any recreational arena going.
no ones safe
By:
mitolo
When: 30 Sep 21 17:46
they wont let you put in silly answers. i got it also and tried astronaut, then vivisectionist earning 1m a year. blocked em so had to settle for one of their options. now closing account as the website is the worst ive ever seen
By:
Oldgit1
When: 30 Sep 21 17:49
ballyregan
" it must very hard to upload stuff on line not everyones technically aufait with these things it is just a stress you dont need goodluck."
This oldgit is OK with computers as he was in at the start. When I worked for Ferranti in Edinburgh in the 60's they took over the Corn exchange in Dalkeith to house it. AnotherI worked for took over an ABC cinema . Amazing how small they they are now.
By:
elise
When: 30 Sep 21 17:52
it's not that hard to upload and not that different to kyc, worst ive had was an account i barely use bf were a pain but ok
By:
hulk23
When: 30 Sep 21 17:52
Ferranti had their own rugby team.  interesting factoid Wink
By:
ballyregan
When: 30 Sep 21 17:54
geoff banks was on a podcast the other week and he was playing a round with a famous euro tour golfer and the golfer was saying a betting company wanted to do an affordability check on him surely they could have just googled him
By:
Oldgit1
When: 30 Sep 21 19:57
Hulk23
Ferranti in Edinburgh had their own football team that eventually became Meadowbank and then Livingston.
The business cpllapsed after they fell for a massive con.

It seems that, amid the Thatcherite business hubris of the 1980s, Ferranti’s management had become convinced that they needed to expand the company in the United States, and that the best way to do that would be to merge with a US defense electronics company. Unfortunately, when selecting a company, they made an appallingly bad choice. They selected a Pennsylvania-based company called International Signal & Control (ISC).

There were warning signs that ISC was a suspect operation, which Ferranti’s management and their auditors managed to miss. (For example, although nominally a US operation, ISC had chosen to register in Britain, simply to take advantage of relatively lax regulation of businesses in Britain.)

Soon after Ferranti merged with ISC, it began to become apparent that some of ISC’s major contracts actually didn’t exist at all, and that ISC’s management had engaged in elaborate deceptions to maintain their fraud. The CEO of ISC, James Guerin, was actually circulating money through front companies to give the impression that progress payments were being made on the fictitious contracts, but he couldn’t keep that up forever, so when he was no longer able to borrow more money, the whole fraud was exposed.

To be fair, though, the ISC fraud wasn’t the sole cause of Ferranti’s demise. This was the time of the end of the Cold War, when defense budgets were being slashed and contracts canceled. As Wilson mentions in his book, Ferranti had for some time been too dependent for its income on military projects, so these cutbacks exacerbated the company’s already-serious predicament, and led to its bankruptcy.
By:
Oldgit1
When: 30 Sep 21 19:59
I look forward to Hills asking for financial data. I'll point out that I may be their longest credit client as I opened my account in 1954 or 55.
By:
elise
When: 30 Sep 21 20:07
they'll still ask, it's a tick box exercise they are covering themselves
By:
Oldgit1
When: 30 Sep 21 22:14
Mitolo
Did it lock up your system until you answered it.
I can't get past the A's on the employment list.Presumably it must have retired somewhere. Nor can I get the contact link to respond.
By:
mitolo
When: 30 Sep 21 22:27
yes.
By:
Donnie Brasco
When: 01 Oct 21 10:29
As soon as you start to type retired the option of either Early retirement or State pension comes up. Then a drop down for income band. Thats it, you are then back in. No requirement for any further details or proof so no problem really.
By:
screaming from beneaththewaves
When: 01 Oct 21 13:38
What if you're early retired and in income band £0.00?
By:
elise
When: 01 Oct 21 13:42
some will not ask much else (as in financial income), some may ask for proof of disposable income or savings to off set your spending on gambling, varies by bookie, ive only had to provide a bank statement to one so far
By:
Oldgit1
When: 01 Oct 21 14:33
"What if you're early retired and in income band £0.00?"
I retired at 59 in 1993 and sold our main home in Surrey and moved to a flat we owned and had been renting out.Invested money from the house added to savings and income from PEP's (now called ISA's ) provided a good income to live comfortably and travel the world until got pensions. Seems no way to explain that.I don't feel comfortable at handing out papers with financial deails. Total capital and income can vary greatly from year to year depending on stock market and interest rates and about half of it is in my wifes name.
By:
elise
When: 01 Oct 21 14:39
technically, you could be retired from employment and be full time on here in your 20s, in some cases there are people on here that might have most of their free funds as their trading balance and have no visible income
By:
inner city sumo
When: 01 Oct 21 15:32
Is there anything that can be done in return for the inconvenience? Is there an equivalent of a freedom of information act for businesses where we can relentlessly ask questions about how they operate? Would be nice to return the favour.
By:
elise
When: 01 Oct 21 15:37
not relentlessly, but you can ask for copies of all information any business holds on you, if you do that via post rather than email and ask for them to respond with hard copy they have to, i think they get 1 month to comply
By:
Donnie Brasco
When: 01 Oct 21 15:42
Lowest band on Vic is
By:
Donnie Brasco
When: 01 Oct 21 15:43
By:
Donnie Brasco
When: 01 Oct 21 15:46
FFS
Less than 18000 so just put that and early retirement/self funded
By:
dave1357
When: 01 Oct 21 15:47
The majority of gambling companies (betfair excluded) don't even protect your funds if they go insolvent, so we very much have a vested interest in knowing about their financial position.
By:
elise
When: 01 Oct 21 15:49
tis true, there was a report knocking about not so long back re which ones have some / no protection
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