General Chat

[Eggs]

….nice touch;

https://www.sportinglife.com/racing/news/the-opening-race-of-the-cheltenham-festival-will-be-run-in-memory-of-michael-osullivan/224005

[ComplyOrDie]

….nice touch;

https://www.sportinglife.com/racing/...ullivan/224005

Great news.

Saw someone mention this, glad they have taken note

[Wayward Lad]

One things for sure, there is absolutely no doubt that 2 out of 5 accounts are actually long term winning accounts either, not even fucking close.
40% of people who bet, win ?? Do they fuck.

Simply closing ordinary punters down as part of the collateral damage of shutting down a very small percentage of arber's and pro's.

40% my **** !

If this were the case then I’d suggest Bookmaking wouldnt be a profitable business !

With their current risk adverse strategy, through reducing liabilities, restrictions to ‘faces’ and quick action to close accounts, then I’d suggest winning accounts would be 10% or less

I wonder though how many winning accounts are still open currently as a percentage ?……the managers will be all over any accounts that are in front, requesting forensic analysis as to why and whether the customer has an edge and what restrictive actions are needed, either on where they think you have an edge or intel.

[robith]

In laymen terms this means?

I mean is there something punters should be doing that could counteract this?

never use facebook as a shortcut for logging in, use a browser like duckduckgo or brave (in fairness, safari is pretty good privacy wise)

[Wayward Lad]

Basically means they're using data in ways they're not allowed to or using data which they're not supposed to be holding

I wonder whether any of the personal information that some people have to now provide as part of the GC requirements is used in any trading decisions?

Traders would normally base any referred bet to what the customers normal betting pattern was ie £’s, sport etc and their existing liabilities, but if they now have access to someone’s personal financial info could this affect decision making?

I also would worry about the security of any personal information given, where it’s held, how it’s held and who has access to it.

[Pigeon Island]

That is rubbish
Do you ever go to the bookies in person?

Would you consider it?

I'd find it hard to be on here without online accounts to be honest!

Yes I have 3 Ladbrokes reasonably close to me and use them now and again with a grid card to obtain BOG so they know who I am but haven’t had any trouble with them.
It was a weird feeling when losing 365 a mixture of anger and then feeling even upset about it!!! I’ve always found it really strange that I could rack up 40k of debt tomorrow on the various credit cards I have and nobody would bat an eyelid but for having a bet on the horses I’m continually being made to feel like I’m a criminal!
Its times like when the changing man this week is double the odds of any other bookmaker out there which I know are the ones that really hit hard or the footy bet I would of won this week on 365 but lost because Walsall couldn’t hold on to a 2-0 lead ………. Managed to get my Mrs to put some on the changing man for me, but wonder how long she will keep her account using the same Wi-Fi as me and registered at the same address.
Still got 4 or 5 I can use, just need to know the magic formula to keeping them

[Quevega]

40% my **** !

If this were the case then I’d suggest Bookmaking wouldnt be a profitable business !

With their current risk adverse strategy, through reducing liabilities, restrictions to ‘faces’ and quick action to close accounts, then I’d suggest winning accounts would be 10% or less

I wonder though how many winning accounts are still open currently as a percentage ?……the managers will be all over any accounts that are in front, requesting forensic analysis as to why and whether the customer has an edge and what restrictive actions are needed, either on where they think you have an edge or intel.

Defining a winning account will differ depending on what timescales are used.
But I'd say nearer 2% would be about right. Over any reasonable period of time (year minimum), with consistent turnover.

Which is why restricting 40% of accounts in some way, is almost certainly affecting Revenue.
But unfortunately the bookies want to nip any risk in the bud as soon as it shows any glimmer - And this is indeed a big risk to the Sport and Levy.

I think they'd make more profit if they relaxed a bit, but they would probably argue they don't need too. Cos they have enough crack addict casino players they can wring out.

[Kautostar]

Yes I have 3 Ladbrokes reasonably close to me and use them now and again with a grid card to obtain BOG so they know who I am but haven’t had any trouble with them.
It was a weird feeling when losing 365 a mixture of anger and then feeling even upset about it!!! I’ve always found it really strange that I could rack up 40k of debt tomorrow on the various credit cards I have and nobody would bat an eyelid but for having a bet on the horses I’m continually being made to feel like I’m a criminal!
Its times like when the changing man this week is double the odds of any other bookmaker out there which I know are the ones that really hit hard or the footy bet I would of won this week on 365 but lost because Walsall couldn’t hold on to a 2-0 lead ………. Managed to get my Mrs to put some on the changing man for me, but wonder how long she will keep her account using the same Wi-Fi as me and registered at the same address.
Still got 4 or 5 I can use, just need to know the magic formula to keeping them

Cut that grid card up, burn it and forget about BOG. It’s just another tracking device that they’ll use to ban you from the shops as soon as you’re not profitable to them. Never ever use the bookies “loyalty” cards!

[Tickety Boo]

Did anyone notice when 365 went 5 places instead of 4 for a lot of there Cheltenham race on the antepost betting? Cheers

[Quevega]

Did anyone notice when 365 went 5 places instead of 4 for a lot of there Cheltenham race on the antepost betting? Cheers

It was very roughly around entries day I think, as I noticed that, having had several bets prior to entries.

[FinalFurlong91]

40% my **** !

If this were the case then I’d suggest Bookmaking wouldnt be a profitable business !

With their current risk adverse strategy, through reducing liabilities, restrictions to ‘faces’ and quick action to close accounts, then I’d suggest winning accounts would be 10% or less

I wonder though how many winning accounts are still open currently as a percentage ?……the managers will be all over any accounts that are in front, requesting forensic analysis as to why and whether the customer has an edge and what restrictive actions are needed, either on where they think you have an edge or intel.

I'd imagine it's more like 1% or less of accounts are profitable long term

The slot and casino games all have an edge built in for the house so are impossible to win on long term and are played by the kind of people who even if they get a nice win will just keep spinning until it's gone

Horse races have a 115%+ overround
greyhound races have more like 130%
football prices are crap

Without significant hard work it's simply not possible

1% feels about right and they are the ones who get restricted or accounts closed

though you don't even need to be in profit on an account to lose it

my 365 account went after royal ascot 2023 when I backed 6 or 7 horses antepost and they all shortened drastically. They all lost but I got the dreaded email the week after anyway.

[Wayward Lad]

Consistently beating the SP is a key red flag to a bookmaker, even if the account isn’t a winning one.

[Zachx02]

"4 hours remain until 'financial vulnerability' checks start on those depositing over £150 in a month into a GB licenced gambling account." https://x.com/chrisgambler247/status...C-8KM-VAA&s=19

https://www.gamblingcommission.gov.uk/licensees-and-businesses/lccp/condition/3-4-4-financial-vulnerability-check

If we will start getting checked for depositing 150 quid a month, the game is done

[Kevloaf]

"4 hours remain until 'financial vulnerability' checks start on those depositing over £150 in a month into a GB licenced gambling account." https://x.com/chrisgambler247/status...C-8KM-VAA&s=19

https://www.gamblingcommission.gov.uk/licensees-and-businesses/lccp/condition/3-4-4-financial-vulnerability-check

If we will start getting checked for depositing 150 quid a month, the game is done

I'm struggling with the £5k in a month limit they've put on my mates account despite it being 'unlimited' ... can't go on the chat to discuss as I'm not him but what an absolute ball ache



I am not sure I have the patience for the old school ante post punting now, as the prices aren't old school

[darlojim]

My 365 tonight has had the cashout cull

Seems like a few are getting it?