Lee Keys mentioned 2 interesting approaches.
1. Bookies should "lay to lose" max per bet £x (£500 eg) - The Australian model (part of condition for receiving a licence)
2. The banks should have a facility where the customer can set their own monthly budget for gambling.
The first is self explanatory, and is still subjective, especially if the single customer view is implemented. The bookie can still stitch up a winning punter across the whole industry by tagging them as a problem gambler, then no one will touch them.
The second one would effectively put the kibosh on the single customer view idea and all the affordability checks shite, and give back the customer control without having to share personal information. If they tried to exceed their overall budget by depositing with another bookie, the transaction will be declined.
The off shore/whats app idea is a tricky one. Many scammers about that would be willing to offer a stupid price on an event. Everyone piles on, for chunks, it wins, and they then disappear.
1.Certain bookies do extend the possibility of limited max take out to some customers - but as you say it can just as easily be removed - I know some Aussies and the situation there is not a nationwide offer and even where its there are some problems
2. The banking facility ? - not sure that would work or be usable to all - the banks want just as much info as the bookies probably more , I would want a new bank and only one account, as its not unknown for your friendly bank manager to switch funds around your accounts if they see a default looming in one account , all unknown to you until you put your hand out for the funds its probably all in the 50 odds pages of those well read TC's - still annoying.
The "take it & scarper gang" a definite possibility or even a racing certainty that some will be caught.
What we never hear is any amounts mentioned , none of these blokes that we see on utube seem to absolutely rolling ( despite nearly all are flogging additional services) - I met some traders who told me that they paid the PC charges, incidentally they also paid a lot of money for a sectional time service and although they hated paying it was all acceptable for their business model.
He tells the tale of of getting evens to a £1000.00 with 365 near the of - you have to wonder if this is the bookmakers downfall EP BoG etc - punters beating their own false inflated SP - what volume of profit are they losing by closing all these accounts, they act as though every bet is a loser which we know is ridiculous.
The other point for me would be the number of bets made, this must flag punters as marks - if a punter is arbing every race then you can understand the annoyance, you are basically making a book on their book ,their software ,their investment , but whats the problem with that , the bigger the pot the more potential profit for them.
Also some of these speak about throwing some losing bets in on purpose to create a false impression - I have been told both by a big internet national bookmaking trader and a BF trader that does not work, its a fallacy and accounts can often be closed simply because the line managers expect to see a number of accounts restricted per month.
