Gambling Culture

kevthegaff

A few friends like to bet. Anyway one who has the highest knowledge of horses, gave me a tip yesterday, so I tipped into paddy power as I dont have an online account. The place was full of middle aged men on a Sunday morning, I play on a gaelic team, where I see the young lads gambling on their phones with no knowledge of greyhounds and horses. I hear very little on problem gambling but know alot of guys who have gambled a high percentage of their wages. Is this industry ignored by our government and the pitfalls

Allinall

kevthegaff wrote: »

A bunch of my friends like to gamble. Anyway one who has the highest knowledge of horses, gave me a tip yesterday, so I tipped into paddy power as I dont have an online account. The place was full of middle aged men on a Sunday morning, I play on a gaelic team, where I see the young lads gambling on their phones with no knowledge of greyhounds and horses. I hear very little on problem gambling but know alot of guys who have gambled a high percentage of their wages. Is this industry ignored by our government and the pitfalls

Did the horse win?

Smee_Again

I’d say there’s a huge amount of people struggling quietly with gambling addiction, it’s a very insidious and pervasive industry.

Smee_Again

Allinall wrote: »

Did the horse win?

Doesn’t matter.

Today’s big win is next week’s sustained loss.

Abel Ruiz

Smee_Again wrote: »

Doesn’t matter.

Today’s big win is next week’s sustained loss.

Not everyone is addicted to gambling, a nice win doesnt mean its always going back.

But it is a big problem in our country.
What is your plan to stop it though? Ban all gambling???

WrenBoy

Much like anything else in life alcohol, sugar, social media, food. People have to be taught and trusted to do things responsibly and in moderation. If someone finds themselves unable to regulate their indulgences help should be made available. I used to work in a greyhound stadium and I've seen some small changes brought in to help people from getting carried away with their gambling.

I would however be sceptical of this desire for the government to baby proof everything in our lives essentially.

kevthegaff

Allinall wrote: »

Did the horse win?

Lol feckin lost, like any other tip I get!

Arghus

The messages that say "Please gamble responsibly" crack me up.

In other words, please gamble right up to the point when it becomes problematic.

lawrencesummers

I know a few horror stories about gambling.
RTE did a good documentary on it a while back.

When an industry like gambling is self regulating it’s never going to do anything more than token efforts to change.

I have had a bet in a long time and I’ve started to enjoy sport a lot more. InsteD of chasing a handicap, or watching for the first scorer, or a few scores in an accumulator I just sit down now and watch a match.

RobAMerc

buddy of mine from Manchester brought 2 life long MU fans over for a proper immersed weekend with real locals (his dad brother and cousin and their friends made an effort ) for a home game against 1 of their biggest rivals - trill of a lifetime for a die in the wool soccer fan right ?

my friend was shocked how the 2 boys spent 90% of their time - (including at the match) on their phones looking at and betting on other matches. He reckoned they were too busy betting to see almost anything that happened in the game.

other than that they got on great with the locals, but it was so bad his Dad commented that the they wouldnt be bothered rolling out the red carpet again if the boys clearly had so little interest !

Gambling is a huge issue here - and since the advent of the mobile phone, I imagine its literally like what having your coke dealer in your pocket all day every day.

McGinniesta

It's all about personal responsibility. Same as every thing else.

Higgins5473

kevthegaff wrote: »

Lol feckin lost, like any other tip I get!

The next one will win as that loss has narrowed the odds for losing again.

Can you or your pal please tip me a horse. Thanks in advance.

Donald Trump

I bet you a tenner that I won't win this bet.

Donald Trump

kevthegaff wrote: »

A bunch of my friends like to gamble. Anyway one who has the highest knowledge of horses, gave me a tip yesterday, so I tipped into paddy power as I dont have an online account. The place was full of middle aged men on a Sunday morning, I play on a gaelic team, where I see the young lads gambling on their phones with no knowledge of greyhounds and horses. I hear very little on problem gambling but know alot of guys who have gambled a high percentage of their wages. Is this industry ignored by our government and the pitfalls

Gambling is a scourge.




If you keep it up you might have to change your name to kevnogaff

Bonniedog

As someone else said, it is like everything else that is potentially addictive. No one makes you do anything.

If a person develops a dependency on something, that doesn't mean that the majority of people who bet or drink sensibly - or half sensibly! - should be stopped because of a minority who won't control their behaviour.

There's a big review on in Britain that will impact here. Among the proposals are restrictions on size of bets - which already exist as anyone who wins regularly will know.

I don't think sports betting including horses and dogs ought to be penalised on foot of a big problem regarding online betting on all sorts of cr@p. You can bet randomly on horses and sports, but i don't think that is as attractive to the mugs as roulette and card games.

There is obviously bigger margins for the books in that stuff. I only bet horses, dogs, GAA, and occasionally American sports. Yet i am am bombarded with enticements from the bookies, one or two in particular, to get me to bet on crocks of gold, and other bizarre games of chance which i have no idea - nor want to know - how they work.

It is especially cynical on the part of books which will close you down or limit your bets if you are ahead of them - and not even in a spectacular manner - on the horses. And yet same people who within hours of telling me i can't have more than €50 on a horse or a dog will send me an email or a text promoting some leprechaun cr@p!

Fools and their money and all that, but do agree that their constant "responsible gambling" mantra is meaningless when they constantly promote games of chance which i assume have a similar 20% pay out as slots. There is a much lower margin on horses and sports contrary to the myth of those opposed to betting on puritancial grounds. Most track books would make a pretty average income, and are often hit by heavy losing streaks, similar to punters.

osarusan

Ireland has done well so far to keep the Fixed Odds Betting Terminals (FOTB) out of Irish bookies. Those things have caused havoc in the UK.

Although we do have those fake computer-generated horse races from 'Paddy Park' and the like (roulette, the in-house lottery) - something, anything at all, to fill in the time between actual races so you will have a chance to place bet.


Online gambling accessible 24-7 on smartphones must elevate the danger of developing an addiction to new levels entirely.

LuasSimon

Its a huge problem in this country, Mobile phone a huge temptation with online gambling apps.

Betting Ads during matchs and soccer teams sponsored by betting companies adds petrol to the fire.

One time people had to go to a greyhound track or racecourse for a bet now you can bet on anything .

I'm getting a Spreadex ad on page one of this thread, even with a reload.

Wonder does the algorithm base the adverts on the thread content. Hopefully that doesn't happen in the "Personal Issues" section.

smellyoldboot

20 quid on this thread degenerating into anti-dole territory in a page or two.

SEPT 23 1989

The most boring addiction of them all

Mad_maxx

ive lost 2k on stock options this year ( calls and puts ) , now thankfully ive gained 13 k trading Tesla shares alone but trading stock options is something i do too much , put $340 on a stock option a little over an hour ago , il know new years eve if it was worth it or not

WrenBoy

Mad_maxx wrote: »

ive lost 2k on stock options this year ( calls and puts ) , now thankfully ive gained 13 k trading Tesla shares alone but trading stock options is something i do too much , put $340 on a stock option a little over an hour ago , il know new years eve if it was worth it or not

Am I right in saying that it is best practice to buy low and then when the time is right to indeed sell high ?

LuckyLloyd

Anything is a problem when taken to excess. Dieting or exercise are problematic if taken to an extreme. People can work too hard, abstain too much, etc.

The vast majority of punters are losers. But my experience is the vast majority of the losing category are not gambling more than they can afford. Sure, they may think delude themselves into thinking they are winners or "breaking even" when it isn't the case but if they are betting a small amount of disposable income so what?

There's an element of curtain twitching involved in the conversation around gambling imo. It's seen as an "impure" activity, and being able to do it on one's phone is anathema to those who like their gambling confined to a bookies so everyone knows their place and an element of shaming can be applied.

Scare stories about the man gambling away his house have always peppered Irish conversation. This definitely happens, but in order for it to be a problem it would have to be demonstrated as a problem with a greater prevalence than destructive alcoholism imo. Everything in moderation.

As far as the bookies themselves are concerned, the messaging and advertising about playing within ones means has massively improved. There are genuine efforts to actually try and identify people who need to stop ahead of time too, though it is probably appropriate to question just how committed the industry is on that front. I would be in favour of a legislation imposed maximum monthly deposit limit which can be increased by producing pay slips or proof of means up to certain percentage limits. But let's get real here - a young lad earning ~30k a year should be allowed to throw 50 blips onto PP at the weekend just as a man running multiple businesses and with a significant amount of wealth should be allowed to punt a couple of grand on a horse should he choose.

Beechwoodspark

Lad i worked with was a huge gambler.

Found out through the grapevine he has debts of over 10k and this lad is in his early 20s.

Bonniedog

Bonniedog wrote: »

............... i don't think that is as attractive to the mugs as roulette and card games.

There is obviously bigger margins for the books in that stuff. I only bet horses, dogs, GAA, and occasionally American sports.......

Greyhounds are about 25% overround, horses can be as low as 10%.

Roulette is low margin even the bookies version with 0 & 00.

dublin49

"please gamble unsuccessfully" is the only message the betting industry is interested in.A dreadful industry.I love when a punter professes their love for the horses ,when you query whether they would attend horse racing if there was no betting and invariably the answer is no,

Bambaata

The bookies are criminals. This "responsible gambling" crap is a con to make it look like they care. They only care about lining their own pockets. I come from the other side of it, i follow a group of very professional "tipsters" that has me running at about 12% ROI so far this year, every bet tracked, every bet put on following reivew of the value of odds given. Theres no emotion, you lose you move on, you win you move on. Everything is placed at defined stakes so you dont lose the run of yourself and protect your bank.

This is when it becomes obvious that the bookies are criminals who dont care. Ive been shut down by Sky, Will Hill, BetVictor, Betfair, Paddy, Unibet, Mr Green etc because im winning. They basically restirct those that gamble respobsibly and actually make money off them. Thankfully there are ways to get new accounts but its obvious how little they care. In the group there are lots of stories of lads who had bad affairs with gambling and the bookies kept enticing them to keep losing via offers to keep bleeding them dry.

Mad_maxx

WrenBoy wrote: »

Am I right in saying that it is best practice to buy low and then when the time is right to indeed sell high ?

stock options are a different animal , you might buy when the price is high and hope it drops in the case of a put

Fr Tod Umptious

Bambaata wrote: »

The bookies are criminals. This "responsible gambling" crap is a con to make it look like they care. They only care about lining their own pockets. I come from the other side of it, i follow a group of very professional "tipsters" that has me running at about 12% ROI so far this year, every bet tracked, every bet put on following reivew of the value of odds given. Theres no emotion, you lose you move on, you win you move on. Everything is placed at defined stakes so you dont lose the run of yourself and protect your bank.

This is when it becomes obvious that the bookies are criminals who dont care. Ive been shut down by Sky, Will Hill, BetVictor, Betfair, Paddy, Unibet, Mr Green etc because im winning. They basically restirct those that gamble respobsibly and actually make money off them. Thankfully there are ways to get new accounts but its obvious how little they care. In the group there are lots of stories of lads who had bad affairs with gambling and the bookies kept enticing them to keep losing via offers to keep bleeding them dry.

I'm curious as to how Betfair shut you down because you are winning ?

Explain please

Smee_Again

Fr Tod Umptious wrote: »

I'm curious as to how Betfair shut you down because you are winning ?

Explain please

When I worked in paddy power they would just limit the bet size that winners could place, they might be limited to €5 when the requested bet was €500. Or they’d just refuse the bet completely.

Fr Tod Umptious

Smee_Again wrote: »

When I worked in paddy power they would just limit the bet size that winners could place, they might be limited to €5 when the requested bet was €500. Or they’d just refuse the bet completely.

But Betfair is an exchange not a bookie.

It's different from a bookie in the sense that you can "back" a selection at a certain price to the value if what others are willing to "lay" the same selection at that price.

Some times you may only be able to bet a couple of Euro on a selection at a certain price and the rest of your bet remains "unmatched" until there is money in the "lay" market to match it.

So if you win big on Betfair you are winning it from an individual, or individuals, not Betfair themselves.

Now that is the Exchange of course, Betfair also have Sportsbook which works like a regular bookie.

I'm curious as to how the poster may have been shut down from the Betfair Exchange.

Smee_Again

Fr Tod Umptious wrote: »

But Betfair is an exchange not a bookie.

It's different from a bookie in the sense that you can "back" a selection at a certain price to the value if what others are willing to "lay" the same selection at that price.

Some times you may only be able to bet a couple of Euro on a selection at a certain price and the rest of your bet remains "unmatched" until there is money in the "lay" market to match it.

So if you win big on Betfair you are winning it from an individual, or individuals, not Betfair themselves.

Now that is the Exchange of course, Betfair also have Sportsbook which works like a regular bookie.

I'm curious as to how the poster may have been shut down from the Betfair Exchange.

Of course, I didn’t notice the Betfair part of your question. I need to pay more attention.

famagusta

Fr Tod Umptious wrote: »

But Betfair is an exchange not a bookie.

It's different from a bookie in the sense that you can "back" a selection at a certain price to the value if what others are willing to "lay" the same selection at that price.

Some times you may only be able to bet a couple of Euro on a selection at a certain price and the rest of your bet remains "unmatched" until there is money in the "lay" market to match it.

So if you win big on Betfair you are winning it from an individual, or individuals, not Betfair themselves.

Now that is the Exchange of course, Betfair also have Sportsbook which works like a regular bookie.

I'm curious as to how the poster may have been shut down from the Betfair Exchange.

He never said ''exchange'' most likely shut down by betfair sportsbook, they are a joke altogether

Fr Tod Umptious

famagusta wrote: »

He never said ''exchange'' most likely shut down by betfair sportsbook, they are a joke altogether

Yes when I saw Betfair I assumed Exchange, most people would.

Anyway more fool him/her if they are using the Sportsbook with the Exchange just a click away.

El Gato De Negocios

Gambling should be treated the same as cigarettes and alcohol and be subject to the same advertising restrictions. I know a few lads that are very fond of a bet and a few more that are problem gamblers. One of them who I'd be particularly close to just scoffed and laughed it off any time I brought it up so I don't even bother now.

TheValeyard

I have a serious problem with loot crates and gamble boxes aimed at kids. Genuinely think it's the cigarettes of that generation. Will be serious problems down the road because of them.

El Gato De Negocios

TheValeyard wrote: »

I have a serious problem with loot crates and gamble boxes aimed at kids. Genuinely think it's the cigarettes of that generation. Will be serious problems down the road because of them.

I believe measures have been taken in some EU states to outlaw them iirc, won't be long til the rest of the world follows suit.

Fr Tod Umptious

TheValeyard wrote: »

I have a serious problem with loot crates and gamble boxes aimed at kids. Genuinely think it's the cigarettes of that generation. Will be serious problems down the road because of them.

Absolutely
Look at the Ladbrookes ads with a giant in them.

Who as an interest in giants only kids, and mainly boys, that's the target market.

Kraftwerk

I work beside a PP bookies and a pub. There's a steady stream of misery flowing back and forth between the pub and the bookies all day.

I'd imagine it's the same in pretty much every town. Bookies set up across from or next to pubs to snag the drunk and desperate and bleed them dry of their dole.

Yeah_Right

I think gambling is great. I've made a ton of money from it. Obviously it needs to be regulated and I think it is well regulated.

fantaiscool

Smee_Again wrote: »

When I worked in paddy power they would just limit the bet size that winners could place, they might be limited to €5 when the requested bet was €500. Or they’d just refuse the bet completely.

That's exactly what happened to my paddypower account. I rang them up and they refuse to give a reason for it. Obviously it was because I was winning.

So if you are winning your fair share of bets and up long term your account will be limited and they basically tell you to f*ck off.

Funny how they don't advertise that.

Smee_Again

fantaiscool wrote: »

That's exactly what happened to my paddypower account. I rang them up and they refuse to give a reason for it. Obviously it was because I was winning.

So if you are winning your fair share of bets and up long term your account will be limited and they basically tell you to f*ck off.

Funny how they don't advertise that.

Yeah, I worked in dial a bet for a few months and some accounts would be marked/blocked and I’d have to check with a trader before accepting a bet.

It was basically limiting their bets to the point that they’d get pissed off and leave. We were never told why but it was clear that these were serial winners being blocked.

I hated it there and walked out mid shift and never went back, horrible to be taking money from people who obviously had a problem and the internal reporting systems utterly and repeatedly failed.

Choosehowevr.

LuasSimon wrote: »

Its a huge problem in this country, Mobile phone a huge temptation with online gambling apps.

Betting Ads during matchs and soccer teams sponsored by betting companies adds petrol to the fire.

One time people had to go to a greyhound track or racecourse for a bet now you can bet on anything .

Needs to be regulated

Enticing young lads to sign up with their card details in return for free bets

Government should stamp that out

Richard Hillman

I would gamble a fair bit but would rarely ever bet big. My bets are confined to between €1-€10 for a weekend football bet.

It's an addiction I have no sympathy for. Its an addiction of arrogance. The arrogance of thinking you know better, that you can predict the future. Problem gambling on horses in particular is hilarious. It's a ****ing horse, it has no idea what is going on. It just likes to run fast :pac:

If gambling isn't fun and you are taking it seriously, then you have a problem.

petes

Richard Hillman wrote: »

I would gamble a fair bit but would rarely ever bet big. My bets are confined to between €1-€10 for a weekend football bet.

It's an addiction I have no sympathy for. Its an addiction of arrogance. The arrogance of thinking you know better, that you can predict the future. Problem gambling on horses in particular is hilarious. It's a ****ing horse, it has no idea what is going on. It just likes to run fast :pac:

If gambling isn't fun and you are taking it seriously, then you have a problem.

You have no idea what an addiction is.

circadian

TheValeyard wrote: »

I have a serious problem with loot crates and gamble boxes aimed at kids. Genuinely think it's the cigarettes of that generation. Will be serious problems down the road because of them.

I worked for EA many years ago and the project we were working on was mandated to have loot crates etc, much to the despair of the designers and the rest of us. It was obvious the whole microtransactions was moving beyond Fifa/NFL and many seen it as stifling creativity and freedom of development.

Most of us moved on.

It's disgusting and should really be regulated heavily. Releasing a game for €60, unfinished and expecting people to pony up for any other "updates" is a complete scam.

Patty Power

Richard Hillman wrote: »

I would gamble a fair bit but would rarely ever bet big. My bets are confined to between €1-€10 for a weekend football bet.

It's an addiction I have no sympathy for. Its an addiction of arrogance. The arrogance of thinking you know better, that you can predict the future. Problem gambling on horses in particular is hilarious. It's a ****ing horse, it has no idea what is going on. It just likes to run fast :pac:

If gambling isn't fun and you are taking it seriously, then you have a problem.

https://www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code

circadian

Another thing that's crazy is Sky Sports betting. They shill their own service during sporting events, even the pundits are at it.

Coybig_

I like to have a gamble, I will again on Stephens Day, but the golden rule of safe gambling is having no online account. Once you have to physically hand over the cash and it's not a number on a screen then you take it more seriously, usually. Obviously the odds aren't as good but at the stakes I'm betting at it doesn't matter too much to me. Also any evidence of online gambling on bank statements is the banking equivalent of saying bomb in an airport.

It can provide a bit of interest and excitement to some sporting events which I appreciate, but it's best to operate within a budget. In my house I have a jar for gambling that I put 20 quid into every week, and if I have a winner I take half and put the other half into the jar. Helps keep things small and safe.

Gambling addiction is one of the most dangerous addictions around because it's the only addiction where the addict thinks that doing more of it is the only way to stop - ie - chasing that big win or the win to get them out of the hole. Any gambler can usually tell the warning signs of gambling and when I hear lads in work with online accounts telling me of the 14 bets they did on the most random markets possible on their accounts, red flags are flying because I know theres another 40 bets on random stuff that they aren't boasting about that lost.

I would always recommend that people nowadays don't gamble (if they haven't already) because with all the online bookmakers, the various offers, the virtuals every minute etc it is so much easier now to develop a problem relationship with gambling than it was before.

Yeah_Right

Yeah_Right wrote: »

I think gambling is great. I've made a ton of money from it. Obviously it needs to be regulated and I think it is well regulated.

Well done but you are in the mimority.I know there are people astute and careful enough to make money from it through discipline and hard work.

Overall though, It is a toxic industry that does more harm than good.

begbysback

kevthegaff wrote: »

A few friends like to bet. Anyway one who has the highest knowledge of horses, gave me a tip yesterday, so I tipped into paddy power as I dont have an online account. The place was full of middle aged men on a Sunday morning, I play on a gaelic team, where I see the young lads gambling on their phones with no knowledge of greyhounds and horses. I hear very little on problem gambling but know alot of guys who have gambled a high percentage of their wages. Is this industry ignored by our government and the pitfalls

The horse racing industry in Ireland has massive influence on the government, one indication of this is the 0% tax on gambling. Where else do you see 0% tax on a billion dollar industry.