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-   -   NSW Minimum Bet Limits - Start September 1st, 2014 (http://forums.ozmium.com.au/showthread.php?t=29461)

Chrome Prince 16th September 2014 12:53 PM

Bookie Tactics
 
Here's a new one I haven't come across before....

A new tactic from an online bookmaker in the UK.
Withdrew winnings last week and the minimum I could withdraw was $5.00, but I withdrew quite a bit more than that so no problem.

Yesterday I went to withdraw winnings and the minimum I could withdraw was $50.00, and again I withdrew more than that.

Today, I went in to check, not withdraw and now the minimum I can withdraw is $500.00 :eek:

What a different tactic, make this bloke stick around long enough, keep raising the withdrawal limits until he folds.

Never heard or seen this before, but at least I'm not banned.

Will next week be minimum $5,000 ????

Needless to say I'll keep going to the end, but won't be depositing anything ever again.

FredTheMug 16th September 2014 01:26 PM

Quote:
Originally Posted by Chrome Prince
Here's a new one I haven't come across before....

A new tactic from an online bookmaker in the UK.
Withdrew winnings last week and the minimum I could withdraw was $5.00, but I withdrew quite a bit more than that so no problem.

Yesterday I went to withdraw winnings and the minimum I could withdraw was $50.00, and again I withdrew more than that.

Today, I went in to check, not withdraw and now the minimum I can withdraw is $500.00 :eek:

What a different tactic, make this bloke stick around long enough, keep raising the withdrawal limits until he folds.

Never heard or seen this before, but at least I'm not banned.

Will next week be minimum $5,000 ????

Needless to say I'll keep going to the end, but won't be depositing anything ever again.


The minimum might reset next month. The UK bookies usually charge additional fees for subsequent withdrawals in the same month, so at least you are getting free withdrawals.

stugots 19th September 2014 03:26 PM

current affairs segment on corporates banning etc

https://au.news.yahoo.com/a/19624570/betting-ban/

& then -


Richard Irvine
‏@riracing
Ladbrokes will not re-open my account because I defamed them on Today Tonight. I didn't think telling the truth constitutes defamation??

Chrome Prince 19th September 2014 04:12 PM

Hmmm how can I word this without moderation?
A certain punter used to be a runner for a certain big name gambler.
That runner is employing the same tactics independantly, and perhaps still as a runner as well.
The type of betting employed would flag him easily as not only a winning gambler, but a manipulator of sorts, distorting the market until the last dying seconds.

The tactics of bookmakers is clearly unfair and I'm glad the Senator is looking to change legislation for the rest of us, but this manipulator deserves to be banned imho.

UselessBettor 19th September 2014 05:30 PM

If your going to be a bookie then your going to have to run the risk of runners. If they didn't ban people (or drop the odds) they wouldn't have runners.

Chrome Prince 19th September 2014 08:21 PM

On course is quite different to online. Essentially he is a bona fide bowler.

Pat123 19th September 2014 08:27 PM

Quote:
Originally Posted by Chrome Prince
On course is quite different to online. Essentially he is a bona fide bowler.


I'm curious - does he make heaps?

stugots 20th September 2014 06:57 AM

May well all be true CP, but as it stands Landbrokes are in breach of their licence with RNSW.

I await an appropriate response from RNSW, which should be suspension of the licence.

PaulD01 20th September 2014 12:45 PM

Quote:
Originally Posted by stugots
May well all be true CP, but as it stands Landbrokes are in breach of their licence with RNSW.

I await an appropriate response from RNSW, which should be suspension of the licence.


Hi stugots

Not defending Ladbrokes however they are licensed licensed by the Norfolk Island Gaming Authority, Bookmakers and Betting Exchange Act 1998. Accordingly RNSW cannot legally do anything other than to say that they have breached the race fields legislation in respect of the NSW minimum betting limits. The issue is as I have raised before, there isn't any system currently in place that actually stipulates what the penalties for these types of infringements are.

Pat123 20th September 2014 04:05 PM

LOL never thought I'd see the day where Sportsbet double my max bets. Can now win up to $4k on fixed win - or is this normal?


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