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Affordability checks.
Affordability checks.
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Hi Regbutler No is the quick answer, although there are rules limits restrictions they have to adhere from the Government The Gambling commission is the regulator, the government auditors are the department they are scared of and the likes of Gamcare, GamStop BeGamble aware etc are the organizations they work with.
The 3 I have worked for in last 5 years all had their own guidelines and ways to go about policing Affordability, deposit limits, restrictions, thresholds, time spent online etc So what is considered to be a high amount of deposits say with DAZN.Bet would be an insignificant amount to WH and there threshold reports would be vastly different, same with time spent online or late night play. But primarily once a customer has been restricted, they mostly use the same follow up procedures. DancingBraveTheBest With regards to amounts mentioned on this post the 100 monthly would mostly be set for anybody who has previously self-excluded, come back from a Gamstop registered break, maybe on benefits, students etc or perhaps have mentioned in the past they have had difficulties but still wish to play. The 25k upper limit mentioned would be an extreme to most people, using Affordability thresholds as an example, one I worked for they normally would have a rule of thumb 20% of monthly wage and set as net deposit limit. NDL is normally based on a rolling month rather than a 1st of the month to end of the month. So if the NDL is 500 monthly and you withdraw 500 the total would in effect become a thousand but only 500 would theoretically be your own loss if you did actually deposit a thousand |
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Thanks for the reply Gib...
A couple of questions for you regarding Gibraltar if you don't mind... I was last there about 10 years ago and went in a bookies called "Rock Bookmakers"... It was like a throwback to the 70s, the pens were on chains and ironically you had to pay 10% betting tax... In tax haven Gibraltar!!! Don't know if the shop is still there and still tax on betting? Also, as you said you lived in Spain, I guess you're in somewhere on the border like La Linea? I visited a mate who lived there many years ago when working for Victor Chandler on the Rock... I'm sure he used to take his 200 cigs allowance back into Spain everyday to sell on and give him his beer money... Don't know if that still goes on? .. |
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The Barbary apes surround you, demanding wages slips and bank statements before you are allowed in to the betting shop.
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The 150- 500 a month will be for the under 25s I believe. Most students cant afford big spend
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no it isn't trident - it is for everyone
The Commission is implementing proposals aimed at better identification of acutely financially vulnerable online customers, identifying and supporting customers such as those subject to bankruptcy orders or those with a history of unpaid debts. It will do this through light touch financial vulnerability checks for those customers with a net deposit of more than £150 a month on gambling. They will focus solely on publicly available data and, following feedback through consultation, will not require gambling businesses to consider an individual’s personal details such as postcode or job title. To ease introduction these checks will initially come into force at £500 a month from 30 August 2024 before reducing to £150 a month from 28 February 2025. https://www.gamblingcommission.gov.uk/news/article/new-rules-boosting-safety-and-consumer-choice . |
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Getting ridiculous now, my spend budget today just gone from £1500 to £100 for no reason and documents sent in months ago. Currently on chat with them now to see what they say!!
Hi, Today my spend budget has gone to £100 when it was £1500 a month as I sent in all my documents including bank statements, income etc. Why has it gone to £100. Let me have a look. In the meantime, for security purposes can you please provide me with your favourite sports team and your date of birth? Thanks for that. Please bear with me for 5-10 minutes whilst I look into this for you. Tbf I waited 14 mins. Thanks for waiting. It seems this was adjusted temporarily whilst your account is under a standard review. The team would like to reach out via call. Could you kindly advise a suitable timeframe and preferred contact number to arrange this call please? So even when you send in docs you will still get annual review. Waiting for phone call anytime in next 5 hours. |
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These firms must be holding fortunes of punters money because of people who daren't withdraw because of these checks.
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Our borders are open to millions per year.Violent crime is rampant and mobs
are behaving the way mobs do while the Police stand by and do nothing. Meanwhile the Government feels it a priority to investigate anyone who deposits £150 in a month on here. Oh but give illegal migrants £3000 to go and live rent free in Rwanda. If the Government sees my gambling as a problem maybe it could see it's way to giving me a few grand so I can afford my rent which currently represents 75% of my monthly income! |
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£150 a month, dear oh dear.. Its the equivalent of a night out with the wife at a restaurant - once a month. Pathetic.
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After 20 mins on the phone, conclusion was they don't believe my word that my situation hasn't changed even though they told me the conversation was recorded. So got to send in docs again so it's goodbye from me. Even said I didn't want to send them in first time mind every year, good luck with their business model.
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Well fairweather make the most of it. Before long if you go to your fav.
restaurant more than once a month the Government will require the proprietor to do an affordability check before accepting the reservation! |
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fairweather makes it clear him & the wife not spoonies regulars. Keep buttons in carla things may change.
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Eating is fine, it's drink smoke and gambling they going after.
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For now Carla.Where does it end?
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stop the distractions - it is gambling and only gambling that where a government body is instructing its licensees to stop us spending our money as we like. They have completely ignored all the comments in the "consultation" whereas they should have responded to at least the more common ones.
There should be a judicial review over lack of meaningful consultation and as I have said before over human rights issues re the right to enjoy property. |
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ladycarla03 May 24 11:57Joined: 03 Sep 06 | Topic/replies: 4,389 | Blogger: ladycarla's blog
Eating is fine, it's drink smoke and gambling they going after. It's a lot more than that I can assure you. Stakeholder capitalism and CBDC the new model you'll be limited to where you spend your new tokens and when - a digital panopticon freedom of movement limited freedom of speech under attack social credit system a la China being babystepped in by end of decade |
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As dave has said stop the distractions and never mind free speech and China.
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lol sparrow... crack on then with yer heads down and see what you end up with
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well one thing I am certain about is that clouded retard will have done absolutely fck all to protect us from the forthcoming dystopia he predicts.
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Only where addiction or some sort of compulsion to play exists could these companies get away with treating customers like in these reports.
They asked me to verify my identity. I said I can't be bothered, so send my what you owe and close my account. They said not until you confirm your ID. So I had to comply in order to get my cash, which is the only reason I'm still here. They only get away with it because people are addicted to gambling. Just give it up. You’ll soon find other things to do. |
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fairweather - you really ought to take the missus to nicer restaurants...
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I've said this a million times and it winds me up and pi55es me off why no-one asks why it's allowed.
Whilst many like us have to jump through hoops, at the very same time you can't fecking fart for bingo sites being allowed morning noon and night. The Chase at tea time whilst kids are watching is sponsored by a bingo site FFS....how does this mesh with increased gambling restrictions??? anyone know??? |
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Just let people decide their own deposit limits.
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Jesus h . ladycarla
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ladycarla,
Do you know what brought this on, was it deposits? |
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It's palpably ideological, duffy. This is what I am absolutely free to utilise on my 212 account. Many people do, and do their conkers.
1. Risk Warnings Related to CFDs 1.1. General Risks CFDs are financial instruments that are traded on margin, enabling investors and traders to participate in the movement of shares and index prices without having ownership of the underlying asset. Trading in CFDs may not be suitable for all investors due to its high risk and complex nature. You may lose all or most of your initial payment and may be required to make additional payments. You shall be responsible for your own trading decisions. If you are in any doubt, you should seek independent advice. CFDs are highly risky due to the speculative and volatile markets in these products and the leverage (margin) involved. Trading these products may result in the loss of the entire funds you deposited in the account. We are required by law to notify retail clients about the percentage of Retail Clients who have lost money trading CFDs with us during the last 12 months . CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
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Duffy- Basically the guy said it were a standard review because my deposit limit is 18K a year(1500x12) and they needed to know whether I could afford to lose that without my mental health being in danger!!
Rarely get anywhere near 1500 a month, for 2 years always done the same, left £300 in betfair, trade and take out the profit at end of the day and start again with 300. Told the guy at least 5 times to look at my account and see I've done that for 2 years, last 12 months profit is 4.8k, again not interested, was all about income and I needed to prove it AGAIN so basically calling me a liar, don't need to put my business to a company that treats you like that. Hey ho, won't change my life but I said, first account with betfair were June 2000 and I had some big bets in first 10 years, would love to know how much commission I have made them and did they do AC on me to see I could afford it, again he said, there's no way of getting the info up. Anyway, I said I don't need 1500 a month, just set it at 750, was a no go, clearly stated its 100 a month till I send in more docs, he even had my docs in front of him on the screen but said they out of date need updating  |
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Why keep takimg money out daily and depositing, that just attracts attention?
If it's only a few k a year, why not just leave it there and take it out at Christmas? |
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Jesus h..ladyc. u produced before and now needs update
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Costs at least £200 to keep 4k in betfair for a year.
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We all flucked
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My money I thought could do what I like with it! Get your point but I've scaled right down these days used to leave 2K/3K, surely the figure doesn't matter and even 300 is enough to leave in.
P.S You did miss the point, didn't deposit all April so that doesn't make a jot of difference. |
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The whole thing is incredulous, nobody should dance to their tune. I don't mind proving ID, but that's where it ends.
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Anyway withdrawn my funds and can't deposit so happy days for betfair
Like I said what a business model they should get on Lord Sugar's program. |
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freddiewilliams03 May 24 18:29Joined: 12 Mar 06 | Topic/replies: 12,856 | Blogger: freddiewilliams's blog
Jesus h..ladyc. u produced before and now needs update You couldn't make it up but the line ends there for me. |
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Makes no sense, I never leave a lot in and although I'm in profit overall the peeks and troughs that I experience it doesn't stop me having to deposit, touch wood though, haven't yet heard a peep out of them.
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I even said, if I've got to do this every year that's 5 lots of my info on your software in next 5 years, I don't like that risk you should be protecting me more surely, didn't answer that one.
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ladycarla ask for all your data under an access request . I really think there is something weird about getting asked for all your info again.
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Send exact same docs again
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