Food for thought re Gambling

Joe_ Public wrote: »

I can confirm this is categorically 100 per cent true.

I'm reminded of the story of the well known trainer of a Grand National winning favourite a few years back who had been facilitated at 50/1 by a prominent bookie a couple of days before the race.

The grim irony of betting on nags is that a select number of insiders are allowed what they want while many of the poor saps lower down the food chain working off hard work and hunches are restricted often to the bare minimum.

Joe, accept my apologies, I didn’t mean it when I said you hadn’t got a clue.

Your last point is bang on the money. Look how much money is involved and how frequent racing is. At least 30+ races every day midweek in Ireland and UK and then the weekend that figure is doubled. When you look at the stories that have hit the public domain in recent years on both sides of the sea, who knows what’s going on behind closed doors.

Dan skeleton spoke on the ITV opening show on this anyone have a link or better video of it

del roy wrote: »

Nicky on racing uk at 4.20pm today explaining to punters

He will be having a few stiff brandy’s to ease his conscience

RivetingRoger wrote: »

Horses don't like sheep either

They like some sheep and hate the rest of them.

Remittance Man, the champion two-mile chaser, could be inconsolable unless his favourite sheep, Nobby, was beside him. When they pulled another sheep out of the pen by mistake and placed it beside Remittance Man, the nag killed it on the spot

https://www.theguardian.com/sport/2005/jun/15/horseracing.paulweaver

BumperD wrote: »

Dan skeleton spoke on the ITV opening show on this anyone have a link or better video of it

Skelton was fierce smug. Basically bookie trainer partnerships are here to stay and punters better get comfortable with the new reality.

Barry Orr and Blake on the betfair pod were staunchly defending the trainers as well surprise surprise. Their line is that the publicity from theses arrangements is good for the promotion of the sport as a whole and by extension good for punters. In other words you punters should be thankful that the we bookies (Orr) are paying good money to trainers (Joseph O'Brien). They are even trying to say even reports of dodgy dealings are actually good for the sport because at least racing is in the news and no such thing as bad news

These guys dwell in such a bubble. The racing public are getting older and older and the hard core aren't being replaced imo and a lot of the professionals either don't care or cant see it. Younger people (except degenerate gamblers) just do not want to see animals being beaten for sport. Kevin Blake is particular mocks those views but who will have the last laugh?

Thud wrote: »

Supposedly PP brought the Mullins racing team out for a Christmas lunch before Christmas and were given the inside line in the runners over Christmas.

That didn’t happen anyway.

Betting firms to be banned from allowing gamblers to use credit cards


An industry-wide ban on betting firms allowing consumers to use credit cards to gamble will be enforced on April 14.

The ban, announced by the Gambling Commission on Tuesday morning, will apply to all online and offline gambling products with the exception of non-remote lotteries.

The announcement follows the review of online gambling by the industry's watchdog and the government's review of gaming machines and social responsibility measures.

10.5 million adults in Great Britain gamble online – compared to 24 million adult gamblers overall – with 800,000 consumers using a UK-issued credit card to gamble online in 2018 according to financial institution UK Finance.

Neil McArthur, chief executive of the Gambling Commission, said: “Credit card gambling can lead to significant financial harm. The ban that we have announced today should minimise the risks of harm to consumers from gambling with money they do not have.

“We know that there are examples of consumers who have accumulated tens of thousands of pounds of debt through gambling because of credit card availability.

"There is also evidence that the fees charged by credit cards can exacerbate the situation because the consumer can try to chase losses to a greater extent.”

McArthur added: “We realise this change will inconvenience those consumers who use credit cards responsibly but we're satisfied reducing the risk of harm to other consumers means that action must be taken. But we will evaluate the ban and watch closely for any unintended circumstances for consumers.

“The ban is part of our ongoing work to reduce gambling harm. We also need to continue the work we've been doing with gambling operators and the finance industry to ensure consumers only gamble with money they can afford to spend.”

Research undertaken by the Gambling Commission revealed 22 per cent of online gamblers using credit cards are classed as problem gamblers.

Helen Whately, culture minister, said: "While millions gamble responsibly, I've also met people whose lives have been turned upside down by gambling addiction.

“There is clear evidence of harm from consumers betting with money they do not have, so it's absolutely right that we act decisively to protect them.

"We will be carrying out a review of the Gambling Act to ensure it is fit for the digital age and we will be launching a new nationwide addiction strategy in 2020.

“We will not hesitate to take any further action necessary to protect people from gambling harm.”

The Gambling Commission's crackdown on credit card use by consumers was welcomed by GambleAware, a charity committed to minimising gambling-related harm.

Marc Etches, CEO of GambleAware, said: "It's essential every effort is made to protect those who may be at risk of experiencing gambling harm, so we welcome the decision by the Gambling Commission to extend the ban on using credit cards for online gambling, as well as offline.

"Gambling is a public health issue and mobile technology gives people access to gambling anytime, anywhere. Anyone who chooses to gamble should be able to do so in a safe environment, where the risks and available support options are made crystal clear.”

The Gambling Commission also announced changes to licence conditions with all online gambling operators required to participate in the GAMSTOP scheme and offer their customers the service from March 31.

This requirement means consumers will be able to self-exclude from more than 200 online operators through a request to GAMSTOP – a service used by more than 118,000 people since 2018.

IAMAMORON wrote: »

Is this ban going to be UK based or enforced in Ireland also?

Will it apply to the PMU ?

How can they enforce this ban?

Great news for Revolut and similar providers in the UK

Is revolut not just a virtual Credit Card

Short the stocks of the gambling firms this will hammer them. An overdue step in right direction

I know its been mentioned before. Anyone applying for a mortgage or anything will have to provide 6 months revolut statement, as the bank can see any transfers to it.

What about the aul lads that put a 100 pound on the virtuals

aidankkk wrote: »

I know its been mentioned before. Anyone applying for a mortgage or anything will have to provide 6 months revolut statement, as the bank can see any transfers to it.

Didn't know this. Revolut is right handy.

aidankkk wrote: »

I know its been mentioned before. Anyone applying for a mortgage or anything will have to provide 6 months revolut statement, as the bank can see any transfers to it.

Yes I've heard of this alright. Thankfully won't ever need to get a mortgage or anything like that.