A mate of mine bets £1 a day on the nags at a bookies in the high-street. He always does accumulators and whilst he has the odd win - he mostly loses.
Last week he got a sizeable win, about £3,500 on a £1 bet. The major chain bookie has offered him £700.
His ticket confirms the odds and guarantee of the best odds. They are saying it wasn't put in to their system correctly and the £700 is all that they can pay.
Crooks!
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I would not stand for that. Provided he filled the betting slip correctly any fault with their system is their problem.
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Its a common ploy, sorry con
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To be fair since bookies live on their reputation they are normally fair. I suspect we don’t know the full story here.
Last edited by: CGNorwich on Tue 7 Apr 26 at 13:22
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>>
>>
>> To be fair since bookies live on their reputation they are normally fair. I suspect
>> we don’t know the full story here.
>>
I'm a regular punter and I've never had a problem, either in shops or on course. Back in the seventies when I first took an interest in horse racing their were some dodgy characters about, but now even racecourse bookies pay out with a smile and a "Well done".
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Are gambling debts still 'debts in honour only'?.
i.e. the bookie can welch on a bet, but if the punter does, they get a 'visit'.
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>> Are gambling debts still 'debts in honour only'?.
No, I believe 2005 Gambling act changed that.
You see a lot of news stories about bookies not paying out because of glitches. Never hear of punters being refunded the other way though ;-|
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>> To be fair since bookies live on their reputation they are normally fair. I suspect
>> we don’t know the full story here.
>>
This is very true for independents.
When working in business finance, one account was a local bookie who took a lot of bets on their local team when playing a premier league team.
Against all odds the locals won and the bookie honoured all bets made, even though it took well over 50% of his net worth - i.e. selling the house territory - because he knew that if he didn't, he wouldn't have any returning customers.
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>> When working in business finance, one account was a local bookie who took a lot
>> of bets on their local team when playing a premier league team.
>>
>> Against all odds the locals won and the bookie honoured all bets made, even though
>> it took well over 50% of his net worth - i.e. selling the house territory
>> - because he knew that if he didn't, he wouldn't have any returning customers.
Then said bookie was a silly billy. He should have laid the bets off.
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>> To be fair since bookies live on their reputation they are normally fair. I suspect
>> we don’t know the full story here.
Most of them are chains or online and give not one jot about their reputation. Complaints about not paying out are common.
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>> To be fair since bookies live on their reputation they are normally fair. I suspect we don’t know the full story here. >>
>> Most of them are chains or online and give not one jot about their reputation. Complaints about not paying out are common. >>
Presumably they gamble on some punters giving up, accepting that 700:1 is good odds anyway, and the others won't bother going to law which would put them out of pocket another way ?
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Presumably the punter has raised this with theIndependent Betting Adjudication Service (IBAS).
I wonder what the outcome is A follow up post would be interesting
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Sounds like Stevie the bookie from Still Game when he didn’t payWinston’s winnings and did a runner.
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Bookies - the new conmen - Robin O'Reliant
