Paddy Power / Betfair / Flutter to introduce loss limits for young 'gamblers'

News, chat and debate about the Betfair betting exchange.
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Euler
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I would think any cap would have more impact on matched betting.
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goat68
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Euler wrote:
Fri Sep 10, 2021 12:09 pm
I would think any cap would have more impact on matched betting.
agree, I reckon this is a stealth way of killing off match betting! I remember on those MB forums a lot of the players were uni students!
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alexmr2
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Whilst it seems like a good idea in general, how long before it's over 25s, before it goes from £500 down to £100, before it becomes more intrusive and everyone needs to prove their wealth to place a bet or we end up like China with no gambling allowed?

The people implementing these things seem to have a poor understanding/little care for the smarter players but more importantly the long term consequences of killing off industries, their entertainment value and tax revenue.

The tiny minority with a problem definitely need some sort of help but making everyone suffer and lose their free choice doesn't seem the best way to go about it. Even with this, someone with a problem can easily still blow all their money by moving elsewhere to other bookies or casinos (with the odds even less in their favour).

Some lifetime P&Ls I have heard (including my own) make me feel sick but I accept that it was a risk I was willing to take, more like a tuition fee towards something which is possible vs aimlessly gambling without an edge
firlandsfarm
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For 'problem' read addict ... and addicts are very cunning at getting what they want/need!
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wearthefoxhat
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So..."Let's buy Tombola £402 million"... That'll help the cause....

Flutter.png


https://www.msn.com/en-gb/money/compani ... ailsignout
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Euler
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I had to giggle at that. We believe in responsible gambling so let's push total crap at customers instead.
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PDC
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Does anyone know when we can expect the Gambling Review announcements? I know it is supposed to be this year but that is fast running out, only really 4 working weeks left.
ikky
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Whole sector looks iffy.

Had a conversation on twitter with someone who thinks DKNG will be a $1 trillion company within 10 yrs.

I have my doubts - and hope for he sake of humanity he wrong.
Draft Kings 5 yrs.jpg
Flutter 5 yrs.jpg
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Euler
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The big industry thing at the moment is the battleground for the US. All these big guys are slogging it out for dominance there and think that this is where the battle for global domination will be won.
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