• Hi Guest Just in case you were not aware I wanted to highlight that you can now get a free 7 day trial of Horseracebase here.
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    AR

If you bet best read this.

F Frontrunner These affordability checks will be abused by the Bookmakers and used as yet another means of getting rid of winning customers. As far as i am aware none of those involved in implementing this are making mention of this fact. I wonder if its because the Gov Ministers involved are being advised by Bookmakers whether they are aware of this or otherwise . !

None of this is necessary as the bookmakers already hold enough information about customers via there spyware and off the books reciprocal arrangements. The bottom line being they want to keep exploiting the potential problem gamblers and be even more efficient at getting rid of those whose only problem is getting a bet accepted. Those like myself who have established workarounds are now going to be rumbled and it signals the end of days for backers who prefer to have fewer but larger bets.
 
F Frontrunner These affordability checks will be abused by the Bookmakers and used as yet another means of getting rid of winning customers. As far as i am aware none of those involved in implementing this are making mention of this fact. I wonder if its because the Gov Ministers involved are being advised by Bookmakers whether they are aware of this or otherwise . !

None of this is necessary as the bookmakers already hold enough information about customers via there spyware and off the books reciprocal arrangements. The bottom line being they want to keep exploiting the potential problem gamblers and be even more efficient at getting rid of those whose only problem is getting a bet accepted. Those like myself who have established workarounds are now going to be rumbled and it signals the end of days for backers who prefer to have fewer but larger bets.
What they should be doing , is same for lotto and scratch card victims
 
I have read and filled it in - never seen such a pointless document - now matter what you respond its not going to account for anything .

Question -

How many members would stop betting if they had to prove they were ( I dont how they work the fig out ?) betting within exependable / safe limits
 
Hello guys,
I know I'm not a great contributor to the forum of late but I do look in most days and appreciate the value of the knowledge of you guys. Anyways, to answer markfinn markfinn question, for me any request for financial details will most definitely be the end for me now. The amounts being talked of are quite ridiculous. Just a quick look at my Betfair account I am £120 down at 30 days but well in profit at 3 months. So in effect 1 more loser would put me into the first check. Conversely I could walk into my local Tesco twice a week and buy a bottle of Glenfiddich single malt for £38. Thats about £300 a month. At no point would anyone ever stop me and ask if I could afford it or suggest I had a drink problem. But rest assured it will come. This is only the beginning. When the anti gambling lobby got the FOBT stake down to £2 many punters were delighted in the belief bookmakers would now have to go back to taking bets. That was never happening and after that victory it was onto the next thing until there is nothing. Greyhound racing is all but finished and horse racing is now in their sights.
 
I have read and filled it in - never seen such a pointless document - now matter what you respond its not going to account for anything .

Question -

How many members would stop betting if they had to prove they were ( I dont how they work the fig out ?) betting within exependable / safe limits
I think i will have to quit Mark as will many others,from what i've read ( not including myself in this by the way) Pro bettors will have to prove "income" and winnings from betting will not be allowed for the affordability checks equally savings will not be counted.
 
nicksar nicksar - Pro bettors will have to prove "income" and winnings from betting will not be allowed for the affordability checks equally savings will not be counted.

that's a good point - probably need to incorporate as a ltd company - which only the Pro's would do, are most course bookies Ltd ?
 
I agree markfinn markfinn it shouldn't stop anyone taking part in a perfectly legal pastime. The problem for me is handing over financial information to a bookmaker. If your account is subsequently compromised its going to be a tough conversation with the bank when they find out you handed over details to a bookmaker. We've already seen how its going with the Nigel Farage debacle and at least 2 on course bookmakers have recently had long standing accounts closed. It's easy to see how this is going and banks may want to distance themselves from anything gambling related.
 
I agree markfinn markfinn it shouldn't stop anyone taking part in a perfectly legal pastime. The problem for me is handing over financial information to a bookmaker. If your account is subsequently compromised its going to be a tough conversation with the bank when they find out you handed over details to a bookmaker. We've already seen how its going with the Nigel Farage debacle and at least 2 on course bookmakers have recently had long standing accounts closed. It's easy to see how this is going and banks may want to distance themselves from anything gambling related.
I don't know what they ask in these forms -" Can some one please post one for us to see " but you have say that there really are not many absolute secrets these days - we are constantly tracked - C Cards - cars - banking - gambling - internet preferences - shopping loyalty cards - NHS records - Pensions - on and on the list is endless, there is little that we don't disclose even knowingly or otherwise , I know and agree its all very annoying.
Personally I have no problem proving that I can afford to live my lifestyle , whether or not its desirable is another matter , we constantly have to compromise in life

Anti money laundering is a major facet of life these days and there is little we can do about it . only going to get worse , unfortunately we the majority are as usual being persecuted for doings of the minority.

Surprised that not many other members as yet have not expressed an opinion.
 
I recently opened an account with Geoff Banks....getting my identity verified was easy but they also asked for Bank statements for proof of income/funds,i sent them a "redacted" copy of a bank statement showing payments in but nothing else...they acknowledged reciept but haven't said if i'm "fully verified" so i can deposit and bet with them but can't withdraw!!!....i've binned them off.
 
Punter apathy is the cause of Bookmakers now believing they can do as they please and likewise Racings rulers who still view us as a necessary evil. The cure would that we all stop betting for a while and tell them why. With the additional advantage that the majority doing so would prob save themselves money. Of course such a simple but effective solution will not be happening and as a result both of the above will continue to treat us with contempt. !
 
I recently opened an account with Geoff Banks....getting my identity verified was easy but they also asked for Bank statements for proof of income/funds,i sent them a "redacted" copy of a bank statement showing payments in but nothing else...they acknowledged reciept but haven't said if i'm "fully verified" so i can deposit and bet with them but can't withdraw!!!....i've binned them off.
Banks / Not great odds on offer - same as star sports - so not missing much there - of concern to me is the diminishing number of high st shops , there was around 10 in my town 40 years ago - now only two ? - punters strike , no chance of that - what is the average shop bet £ 10.00 ? Do the shops restrict that ? , we know the internet books will do - racing seems to be in the doldrums - no stars ( Frankie is of ) no big attractions , to many NRs - would you go to football and be happy if only half the field turns out. The whole situation is strange , do the bookies really want no continued customers , is all they really want new students and football fans.
 
I long ago made the decision to walk away from betting if my only option is to hand over financial info I wouldn't tell a close relative.
At most they should only be making credit score checks.

My ongoing financial details and whether I can afford an activity or not is no ones business but mine, whether it's a few quid on a horse, booze or splurging a load of money on anything else.

At the moment betting profits are tax free but I doubt it is if you are doing so through a ltd company as a business.

Big bookies, like any plc , are only concerned about the bottom line and shareholders, customers are just a means to an end, hence the plc bookies don't want winners or even potential winners, but only 'recreational' punters aka consisent losers to feed the bottom line.

I binned off Geoff Banks before I even started when he asked for bank statements, he was making his mouth go on twatter so I showed screenshots of how he wants just the same info as those he was slagging off, immediately blocked me.

As I replied to RP editor today on twatter , punters are the plankton of the whole horseracing industry eco sys, which all ultimately rely on. Affordability checks means less punters and ergo less money and less horseracing industry at all levels.
Will be interesting to see what happens when the levy collapses, which I think is what it will take before the BHA really wake up.

I'm suspicious as to why the more pernicious lottery scratchcards are not being targeted? I would bet £500 a person(s) who is very anti horse racing is at he root of this.

Me , if pushed, I'll shift my mental exercise to spread betting on the stockmarket, I bet that's not subject to these 'checks' either.
 
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This is the crux for me they dont all have the same reqs so to go through all the hoops has to a no go - I assume then only to be knocked back

 
Have recently seen this they do have a web site up and running but its not saying much at present. Although fair dues they have made a sound case Re ........Our Argument Against Affordability

A BODY TO REPRESENT BETTORS​

There is a real battle going on for the future of gambling in the UK and, for the first time, it feels like we have a unified body to represent bettors interests in the form of the Gamblers Consumer Forum (GCF).

Previous debates about betting have seen anti-gambling activists pitted against the corporate bookmakers, with every day punters (who make up the majority of bettors!) left without a voice.

This time though it's much more serious with the deeply flawed measures being proposed by the inept Gambling Commission, a fundamental threat to bettors everywhere.

The GCF, who launched at the recent SmartBash, are different. Led by two experts in Andrew Woodman and Abbie MacGregor with political, scientific and media backgrounds, they have a clear plan to fight back against the proposals set out in the White Paper, namely:

  1. Calling for a change in culture at the Gambling Commission
  2. Campaigning for evidence-based treatment for gambling addicts
  3. Vehemently opposing Affordability Checks
  4. Getting everyday gamblers' voices heard by decision makers
  5. Communicating a positive gambling message to key stakeholders
 
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Also this and the RP breaks new ground by actually mentioning the bet restriction problem increasing numbers of backers now experience. Although Mottershead is either being selective or has no understanding Re this occurrence, because you do not need to " win too often " to suffer this indeed plenty with losing accounts have been restricted just because the Bookmakers concerned or there algorithms have concluded that they could be future winners. !

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My money is on the decision has already been made to hammer this through regardless and too many of those making the decisions have no interest or any understanding of gambling, and are happy to just see where the pieces fall afterwards.

I still say this someone behind this is very anti horse racing, more so than anti gambling, due to what is not caught by this.
I.e. scratch cards or spread betting on the stock market.
You could lose everything you have and then some on spread betting in one day even and no one will stop you or bat an eyelid.
Or blow your gov handouts for the month on scratchcards from the garage/corner shop , no questions asked.
 
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My money is on the decision has already been made to hammer this through regardless and too many of those making the decisions have no interest or any understanding of gambling, and are happy to just see where the pieces fall afterwards.

I still say this someone behind this is very anti horse racing, more so than anti gambling, due to what is not caught by this.
I.e. scratch cards or spread betting on the stock market.
You could lose everything you have and then some on spread betting in one day even and no one will stop you or bat an eyelid.
Or blow your gov handouts for the month on scratchcards from the garage/corner shop , no questions asked.
Its very confusing " just what do they want" the bookies are going to limited to accessing only low earning newbies who as soon as they show any appitude will be stopped from betting - totally strangling the money flow - you ( perhaps I am wrong) have to assume that any who is currently restricted will not be arsed to fill in countless forms etc only to maintain their current status quo.

I cannot believe that they or the government want to lose all that revenue.
 
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