Just in case people aren’t aware, there’s a Gambling Commission public consultation on gambling harm and interventions going on. Here’s a link in case anyone wants to make their own comments (you don’t have to answer all questions, but you may find page 7 or 11 relevant for example):
https://consult.gamblingcommission.gov. ... n-and-call
UK Gambling Commission public consultation
Thanks xitian. It's interesting that they use the term spend instead of lost, not sure what that's supposed to mean. The approach seems open to a lot of false positives:
- Amounts spent compared to other customers
- Amount of time spent gambling
- Time of day eg late night
- In-play betting
- Refusal to use tools
Which is why if you’re concerned any new changes or interventions may affect you then you should comment.
A lot of people on here probably spend a lot more time (and possibly money) betting than an average person, bet in the middle of the night, be overall losers if they consider themselves learning, etc... If you want to have a say on whether you should (or not) be flagged up as a problem gambler then you should complete the survey with your opinions. Any changes have the potential to affect all of us in some ways.
No doubt once they do become more aware they will want to curtail those as well. Not least due to the negative publicity exchanges get, 'betting on horses to lose....' etc. Many punters I've interacted with have a negative view or display ignorance regarding exchanges. If they take part in the survey, their views won't help.
My view is that punters will lose far less on exchanges, than a traditional sportsbook and you don't have all the associated problems. It's the cleanest form of gambling.
Wonderful traceable, small amounts lost to the book, lifetime P&L etc. Easy to manage and set limits. Much better than cash at a high street bookie.
Want to throw up with Casino games, bingo, scratch cards.
Wonderful traceable, small amounts lost to the book, lifetime P&L etc. Easy to manage and set limits. Much better than cash at a high street bookie.
Want to throw up with Casino games, bingo, scratch cards.
Totally agree. I've known so many punters that would benefit from using the exchange not least to get far better odds. But they shy away from it when I've explained the benefits. There's so much ignorance around. I remember an occasion many years ago when I learned about in-running betting and started doing it with some success. A female punter saw me looking pleased when a longshot won and asked if I'd backed it and how could I possibly have picked it out.Euler wrote: ↑Fri Jan 15, 2021 2:28 pmMy view is that punters will lose far less on exchanges, than a traditional sportsbook and you don't have all the associated problems. It's the cleanest form of gambling.
Wonderful traceable, small amounts lost to the book, lifetime P&L etc. Easy to manage and set limits. Much better than cash at a high street bookie.
Want to throw up with Casino games, bingo, scratch cards.
I explained there was no cleverness involved I merely spotted it moving well while still at a decent price and backed it in-running. She was horrified and accused me of cheating. I tried to explain to her that in-running betting on the exchange was perfectly legal and valid but she wouldn't have it.
Sad to say many of them prefer their diet of cartoon racing and numbers games. Also there's a mindset among many punters that it's all 'fixed', 'trainers, jockeys don't want horses to win' etc. This is also fed by the occasional rare investigatios into trainers or owners allegedly laying their own horses feeding the impression that exchanges are only about laying things.
One of the most ridiculous examples I remember was when a 50/1 shot was a mile clear and fell at the last. A raging punter (who hadn't even backed the animal) said the jockey cheated and caused the horse to fall so the connections would get a better price next time!
Exchanges should be bigger and better known but bookies have done an excellent job in adding them to their portfollios, introducing sportsbook elements and blending them into the background. I bet if you asked the average punter aged 25 -35 most will not either have heard of the exchange or be aware of how it works.
I explained there was no cleverness involved I merely spotted it moving well while still at a decent price and backed it in-running. She was horrified and accused me of cheating.
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Presumably she also thinks that buying shares in a company in-running during the day because you spot them doing well at a decent price is also cheating.
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Vladimir CC
- Posts: 88
- Joined: Wed Jan 22, 2020 1:13 pm
"Exchanges work like this and like that, you can even do this which with a bookie you can't and..."
"Can I place accumulators?"
"You can't, but..."
"Nah, mate, then it's not for me"
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The Silk Run
- Posts: 918
- Joined: Mon May 14, 2018 12:53 am
- Location: United Kingdom
Expose
If you strip away some elements of the exchange it exposes, and presents as a online bookmaker !!!
If you strip away some elements of the exchange it exposes, and presents as a online bookmaker !!!
Presumably she also thinks that buying shares in a company in-running during the day because you spot them doing well at a decent price is also cheating.
[/quote]
Vladimir CC wrote: ↑Fri Jan 15, 2021 10:59 pm"Exchanges work like this and like that, you can even do this which with a bookie you can't and..."
"Can I place accumulators?"
"You can't, but..."
"Nah, mate, then it's not for me"
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BrugCorkes
- Posts: 1
- Joined: Mon Jan 25, 2021 7:56 pm
Don't know about you, but I'm still skeptical about this 'Gambling Consultations'