BetBurger | Live and Pre-game surebets
RebelBetting - Turn betting into investing

UK betting petition

Make bookmakers cash cow machines
Kokos, CFA
Gaining experience
Gaining experience
Karma: 5
Posts: 92
Joined: Mon Feb 16, 2015 11:17 am

UK betting petition

Thu Mar 31, 2016 4:05 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.

More details
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.
Thordin
Totally Pro
Totally ProTotally ProTotally ProTotally ProTotally Pro
Karma: 30
Posts: 773
Joined: Tue Oct 23, 2012 10:57 am

Re: UK betting petition

Thu Mar 31, 2016 4:19 pm

We can get 10k votes just ourselves , haha
dealer wins
Totally Pro
Totally ProTotally ProTotally ProTotally ProTotally Pro
Karma: 43
Posts: 966
Joined: Mon Sep 15, 2014 12:16 pm

Re: UK betting petition

Thu Mar 31, 2016 4:49 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.
Never trust a goose!!!
qbet
To become a Pro
To become a ProTo become a ProTo become a Pro
Karma: 41
Posts: 350
Joined: Sun Jan 15, 2012 7:59 pm

Re: UK betting petition

Thu Mar 31, 2016 5:03 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).
davidelliott52
Gaining experience
Gaining experience
Karma: 1
Posts: 88
Joined: Thu May 14, 2015 3:26 pm

Re: UK betting petition

Thu Mar 31, 2016 6:55 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.
raizzak
Totally Pro
Totally ProTotally ProTotally ProTotally ProTotally Pro
Karma: 34
Posts: 681
Joined: Mon Nov 19, 2012 6:25 am

Re: UK betting petition

Thu Mar 31, 2016 7:33 pm

cmon be real.... noone will be out of bussness having to accept 25 pound bets...
Don't speak for something you have no clue.
Thordin
Totally Pro
Totally ProTotally ProTotally ProTotally ProTotally Pro
Karma: 30
Posts: 773
Joined: Tue Oct 23, 2012 10:57 am

Re: UK betting petition

Fri Apr 01, 2016 8:43 am

raizzak wrote: 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
blackjim
Gaining experience
Gaining experience
Karma: 1
Posts: 45
Joined: Thu Nov 22, 2012 9:18 pm

Re: UK betting petition

Fri Apr 01, 2016 12:33 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.
gg
gg

Re: UK betting petition

Fri Apr 01, 2016 12:50 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.!
davidelliott52
Gaining experience
Gaining experience
Karma: 1
Posts: 88
Joined: Thu May 14, 2015 3:26 pm

Re: UK betting petition

Sat Apr 02, 2016 10:41 am

yeah but £25 on the greek basketball handicaps from all of us guys adds up and they will just stop offering value lines
davidelliott52
Gaining experience
Gaining experience
Karma: 1
Posts: 88
Joined: Thu May 14, 2015 3:26 pm

Re: UK betting petition

Sun Apr 03, 2016 7:35 am

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

Re: UK betting petition

Sun Apr 03, 2016 12:02 pm

davidelliott52 wrote: 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
Timorous
Gaining experience
Gaining experience
Karma: -1
Posts: 37
Joined: Wed Mar 25, 2015 6:36 pm

Re: UK betting petition

Fri Apr 15, 2016 7:58 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.

Return to “Arbing, matched betting and trading talk”