UK betting petition

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Kokos, CFA
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Kokos, CFA

UK betting petition
« on: March 31, 2016, 05:05:29 PM »

FYI :)

https://petition.parliament.uk/petitions/125456

It has become a common practice for bookmakers within the UK and that operate in the UK to restrict or close the accounts of successful punters. Everyday, countless accounts are closed because of punters searching out best odds on comparison sites and selecting more winners than losers.

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Other licence operators around the world are recognising this has become an issue, most recently New South Wales introduced more stringent regulations than those we ask for in this petition.

The petitioners want to see the following:

Bookmakers must accept a legitimate stake up to £25 on all accounts, and restrictions must not restrict to under £25. Bookmakers also be banned from closing accounts of successful punters or refuse to accept a new account.
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Thordin
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Thordin

Re: UK betting petition
« Reply #1 on: March 31, 2016, 05:19:18 PM »

We can get 10k votes just ourselves , haha
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dealer wins
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dealer wins

Re: UK betting petition
« Reply #2 on: March 31, 2016, 05:49:32 PM »

A noble quest, but in the UK businesses have the right to "refuse entry", as long as it is not on the grounds of race,sex age etc

If they let us arbers loose with no restrictions they would be closed within a week, or turn into betfairs.

Reminds me of the Atlantic City Casino ruling years ago where card counters couldnt be banned, lasted a few weeks I believe and led to worse playing conditions for all when the dust settled.
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qbet
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qbet

Re: UK betting petition
« Reply #3 on: March 31, 2016, 06:03:05 PM »

This could explain why books prefer to limit players instead of closing accounts.
There are others tactics they could employ instead of limiting, like putting people on delay or on extra juice ( l1xbet does that).
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davidelliott52
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davidelliott52

Re: UK betting petition
« Reply #4 on: March 31, 2016, 07:55:12 PM »

Ive signed the petition but not sure what the ramifications will be. Would it just put every soft bookie out of business, those that dont sharpen up will be gone which is bad for us.
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raizzak
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raizzak

Re: UK betting petition
« Reply #5 on: March 31, 2016, 08:33:48 PM »

cmon be real.... noone will be out of bussness having to accept 25 pound bets...
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Thordin
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Thordin

Re: UK betting petition
« Reply #6 on: April 01, 2016, 09:43:25 AM »

cmon be real.... noone will be out of bussness having to accept 25 pound bets...

£25 is small, relative to what is happening in NSW horseracing. They have 500AUD 'to win' amount minimum if im not mistaken?

Anyway, back to the £25, im sure some of the more tech-knowing members are salivating thinking of their series of bots betting 25.
Certainly the bookies will figure out a way to defend themselves
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blackjim
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blackjim

Re: UK betting petition
« Reply #7 on: April 01, 2016, 01:33:40 PM »

905  signatures so far.
It's a good initiative, but I don't see how it can be enforced, to companies that operate in places like Malta etc.

They can always find a "it's a trading department decision" way out of any problem, without anyone regulating them.
That's how they survive so far.
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gg
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gg

Re: UK betting petition
« Reply #8 on: April 01, 2016, 01:50:34 PM »

I urge all UK citizens to sign the petition.

You and your money are the only reason these greedy b@stards are still in biz. Furthermore, should be subject to criminal investigation the dramatic fluctuations of odds. I am more than confident that in most cases "fraud" is involved.

Their unethical replies such as "it's trading's dpt decision" are over.. They want war and they are going to have it.!
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davidelliott52
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davidelliott52

Re: UK betting petition
« Reply #9 on: April 02, 2016, 11:41:10 AM »

yeah but £25 on the greek basketball handicaps from all of us guys adds up and they will just stop offering value lines
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davidelliott52
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davidelliott52

Re: UK betting petition
« Reply #10 on: April 03, 2016, 08:35:14 AM »

Another petition we should start is that bookies have to settle bets at the agreed upon odds.
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yorkjoss
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yorkjoss

Re: UK betting petition
« Reply #11 on: April 03, 2016, 01:02:00 PM »

Another petition we should start is that bookies have to settle bets at the agreed upon odds.

yes and they should send us a card on our birthday too
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Timorous
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Timorous

Re: UK betting petition
« Reply #12 on: April 15, 2016, 08:58:49 PM »

Once daft thought....by filling in the petition, aren't we all giving our names on a list to the bookies who could ask under freedom of information...just a thought, like I said.
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