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Spot on Mr L.
Can't see why this has not been legislated for.

Quote:

Originally Posted by Mr. Logic

I believe bookmakers standing at any race meeting must accept a bet to win a minimum dollar amount from any punter. They cannot ban a punter for winning. Same rules should apply to ALL online bookmakers operating here.

Sorry not true.

I've been seen around the tracks some years back helping out a bag man and when a certain man of the cloth initials "J" approached, the instruction was " No more than "$20!!"
It is not illegal to refuse service in your shop for any reason whatever, same in racing.
If you are talking morality, now that is a different matter altogether.

As I said earlier, if they are prepared to take your money when you are losing they ought to take it when you are winning.

But when did moral values ever come in the way of greed?

SCHEDULE 1 – BETTING LIMITS –BOOKMAKERS

An authorised electronic betting bookmaker or authorised telephone bookmaker

that accepts a bet is obliged to lay the odds displayed if demanded by the

backer, except that the bookmaker is not compelled to lose on any one bet, when

the bet is accepted via the telephone at approved betting premises or

electronically (wherever located), more than:

a) Where Bookmakers total annual Net turnover exceeds $3 million

Bets on a Metropolitan Meeting -

Win only bet the sum of $3,000;

Each way bet the sum in total of $3,000;

Win and Place bet the sum in total of $3,000;

Place only bet the sum of $1,200.

Bets on a Non Metropolitan Meeting or a Non Thoroughbred Meeting-

Win only bet the sum of $1,500;

Each way bet the sum in total of $1,500;

Win and Place bet the sum in total of $1,500;

Place only bet the sum of $ 600.

b) Where Bookmakers total annual Net turnover is less than $3 million

Bets on a Metropolitan Meeting -

Win only bet the sum of $1,500;

Each way bet the sum in total of $1,500;

Win and Place bet the sum in total of $1,500;

Place only bet the sum of $ 600.

Bets on a Non Metropolitan Meeting or a Non Thoroughbred Meeting-

Win only bet the sum of $1,000;

Each way bet the sum in total of $1,000;

Win and Place bet the sum in total of $1,000;

Place only bet the sum of $ 400.

The bookmaker must publish the Minimum bet limits to which they are bound.

c) When the backer claims the bookmaker for a win and place bet which is

greater than the limits prescribed by this rule, the bookmaker must bet

the backer the proportional equivalent of an each-way wager.

d) Once an official price fluctuation or bookmaker’s own price fluctuation has

changed the bookmaker is not compelled to accept any bet or alternatively

is not compelled to bet the minimum limits prescribed at the pre-changed

When i was going to the tracks around Victoria it used to be $5,000 grand for rails bookmakers $3,000 grand for off the rails.

Obviously the rules have changed based on turnover now.

Cheers.

Woops that should be $5,000 or 5 grand for rails bookies
$3,000 or 3 grand for off the rails bookies.

Not $5,000 grand as i reported earlier.

Cheers.

Quote:

Originally Posted by garyf

Obviously the rules have changed
Cheers.

So Gary where do we stand?
Are you saying that it's unlawful to restrict or refuse punters?
To whom are we to complain?

Gary I speak of less the 15 years ago and I suppose you know or at least heard of the person I was referring to and he had no objections to being restricted on course!

ive never had any probs with them

Quote:

Originally Posted by Bhagwan

I too was dropped by Spotsbet after 1 fortunate day.
No probs , I just go to the next one
I find Betezy very good.
They pride themselves on not dropping punters.
They are owned by Paddy Power.
One of the largest Bookie organisations in the World .

Sportsbet is owned by Irish gaming giant Paddy Power, which bought a 51 per cent stake in the company for $49 million in May 2009 . Then in September 21 2009 Sportbets bought IAS.

Unfortunately this rule only applies to on course bookmakers.

You are correct in your previous post regarding the refusal of services,
Such as corporates do unfortunately they are a law unto themselves.

When i was banned for a second time i went to my lawyer it was a while.
Ago now but from what i remember when you sign up there is a clause that,
States at any time they can refuse to accept a bet from you at their discretion and cancel your account.

It went something like that, my reason given to me was they only accept bets,
From recreational punters which they deemed i obviously was not.

My lawyer told me once i agreed to the terms i didn't have a leg to stand on.
I am currently with T-M W----HOUSE the only thing that happened eventually was that i was barred from placing bets via the internet.

But i could continue betting using the phone service.

I am fast running out of options if they close me down,
And betfair is not an option after several bad experiences.
I will have to go to the tote.

Cheers.

I'm back early from our trip to Europe as my wife broke her leg in the lobby of a leading French Hotel.

Any way I sent an email to sportsbet. I told them that I bet when the odds are in my favour basicly betting on the overlays and said that they won't close my account, that would be up to me weather I close it.

Started with $200 and the balance is now $391 since march this year

food for thought.

Hope the wife is mending well Benny