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

Chrome Prince 14th September 2014 05:25 PM

Quote:
Originally Posted by FredTheMug
Those "big bets" that they publish don't sound fake to me.


Not wishing to create a problem, but I am not winning on fixed odds, so I decided to do a test.
They publish the big bets, so I simply followed them and was rejected.
I am not a longterm winning customer with them, but am elsewhere.
I covered them on Betfair, and came out winning anyway, laying :D

Mark 14th September 2014 07:52 PM

Ooooh Ladbrokens you big brave bookies you. I wanted $100 on the moto GP, they let me have.........wait for it..........$6. Yep, $6 on a $9 chance.
Needless to say the rest has gone to the 12yo nephew. He'll be huge one day.

FredTheMug 14th September 2014 09:09 PM

Quote:
Originally Posted by Chrome Prince
Not wishing to create a problem, but I am not winning on fixed odds, so I decided to do a test.
They publish the big bets, so I simply followed them and was rejected.
I am not a longterm winning customer with them, but am elsewhere.
I covered them on Betfair, and came out winning anyway, laying :D


I can think of a few possibilities, most likely that your account isn't a losing account, rather an unknown account with respect to fixed odds.

The bigger anomaly in my mind is why you aren't winning (or betting) on TAB fixed odds. :)

Pat123 14th September 2014 10:00 PM

William Hill owned bookies now putting a note on each race:

Note: Prices are indicative only until login and may change before the bet is accepted



If I were in charge of writing that note, I'd word it quite differently.

Chrome Prince 15th September 2014 12:51 AM

Quote:
Originally Posted by FredTheMug
I can think of a few possibilities, most likely that your account isn't a losing account, rather an unknown account with respect to fixed odds.

The bigger anomaly in my mind is why you aren't winning (or betting) on TAB fixed odds. :)


I use Betfair primarily, and have done some fixed odds arbs, ergo, I'm, losing with Fixed Odds but winning with Betfair.
P.S. I arb differently to most.

Rinconpaul 15th September 2014 03:59 AM

1 Attachment(s)
Quote:
Originally Posted by Rinconpaul

"....Maureen asked me the other day about these "big bets" that are spruiked by the likes of sportingbet etc. who are these people that are "allowed" to place these types of bets?? wish i had an answer for her!!."


Got Maureen to see how the BIG bets went on Saturday. Fluoro highlighted selections won:

FredTheMug 15th September 2014 12:53 PM

Quote:
Originally Posted by Chrome Prince
I use Betfair primarily, and have done some fixed odds arbs, ergo, I'm, losing with Fixed Odds but winning with Betfair.
P.S. I arb differently to most.


That's amazing, sounds like the holy grail of arbing. Good to know that TAB haven't limited you just for profiling like an arber (high number of bets). Years ago a corporate shut me down after losing 8k, just because I was doing a few hundred bets a day.


RP, that image is illegible. Did TAB come out on top?

Rinconpaul 15th September 2014 01:22 PM

1 Attachment(s)
Quote:
Originally Posted by FredTheMug


RP, that image is illegible. Did TAB come out on top?


I'll try again

Rinconpaul 15th September 2014 01:26 PM

1 Attachment(s)
Part 2

FredTheMug 15th September 2014 01:52 PM

Thanks RP, interesting stuff.

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?

Mark 24th September 2014 02:39 PM

$50 on a $9 shot.........you can have $3.13.
Thank you bet365 you daring devils you.

Pat123 24th September 2014 02:56 PM

Quote:
Originally Posted by Mark
$50 on a $9 shot.........you can have $3.13.
Thank you bet365 you daring devils you.


Which race and state?

Mark 24th September 2014 03:22 PM

Bendigo R4, it's just a joke. Bu the joke is on them. The last few weeks I've lost pennies to them away from NSW and won in NSW where it counts.

Pat123 24th September 2014 03:53 PM

Bookies would be loving me since the new NSW rules came in. I've more been doing longer odds arbs and have probably lost $5k so far on the back side. Good to be trading during the day again :)

Pat123 1st October 2014 06:04 PM

Sportsbet back to NSW only bets. Culling people that get overs again. Was good while it lasted!

Mark 28th October 2014 05:00 PM

How are bet365 still in business???

Tried to have a few bets today and they let me on for $2.25 & $1.50. Very brave of them, and they won $3.75 off me, but could easily have had 100 times that amount. Glad I'm not a shareholder as I'd be asking serious questions of the obvious buffoons that run this 2 bit outfit.

SpeedyBen 28th October 2014 09:11 PM

I have an enviable record with Bet 3.65. I was reduced to the 3 dollar bets when I was a member of their UK operation before they were in Oz and had the same happen to me here.

FredTheMug 30th October 2014 02:02 PM

TAB account restricted
 
I just received a letter from Tabcorp telling me that my account has been restricted, and that I can't place bets via the Internet. It's a bit strange - I was already limited to practically nothing and hadn't used the account for the past 9 months. The only recent activity was about a month ago when I enquired about the minimum bet limit (unsuccessfully) and then lodged a complaint with Racing NSW.

Has anyone else received this letter?

Pat123 30th October 2014 09:42 PM

Quote:
Originally Posted by FredTheMug
I just received a letter from Tabcorp telling me that my account has been restricted, and that I can't place bets via the Internet. It's a bit strange - I was already limited to practically nothing and hadn't used the account for the past 9 months. The only recent activity was about a month ago when I enquired about the minimum bet limit (unsuccessfully) and then lodged a complaint with Racing NSW.

Has anyone else received this letter?


I haven't received any letter although Tabcorp told me i have no chance getting a fixed bet on with them. They told me to bet with someone else.

They changed the way they do business in Feb both online and through facial recognition in physical TABs. Anyone that poses a threat gets shut down.

Mark 31st October 2014 06:50 AM

Here's another one. I went through all the rubbish that Ladbrokes want and received an email saying my a/c had been reinstated according to Racing NSW Legislation. Great I thought. The catch is NO FIXED ODDS on anywhere else. Pathetic.

FredTheMug 31st October 2014 10:06 AM

Quote:
Originally Posted by Mark
Here's another one. I went through all the rubbish that Ladbrokes want and received an email saying my a/c had been reinstated according to Racing NSW Legislation. Great I thought. The catch is NO FIXED ODDS on anywhere else. Pathetic.


Well, they're being nicer than TAB - I found out what that letter was about - Racing NSW just informed me that I can bet NSW thoroughbreds on TAB... but only via phone or outlet, not Internet.

Too much hassle for me. I seem to have been banned from the pools via internet as well. The motive seems obvious, but not this is not the right place to express it. :)

UselessBettor 31st October 2014 03:31 PM

They need all other states to follow NSW. Or maybe actually have a national code of conduct for these guys that is enforceable.

Chrome Prince 31st October 2014 05:03 PM

Quote:
Originally Posted by FredTheMug
Racing NSW just informed me that I can bet NSW thoroughbreds on TAB... but only via phone or outlet, not Internet.


The loopholes start to come out, and I knew they would.
There's no way they can let consistently winning punters on, their whole business model would implode. So they make it legal, but difficult.
The majority would just ditch it for convenience purposes, just like you Fred.

UselessBettor 7th December 2014 06:12 AM

Quote:
Originally Posted by Pat123
I haven't received any letter although Tabcorp told me i have no chance getting a fixed bet on with them. They told me to bet with someone else.

They changed the way they do business in Feb both online and through facial recognition in physical TABs. Anyone that poses a threat gets shut down.

Has anyone else noticed Pat has been missing the last month. Pat are you still arbing? Or too hard with too many account closures ?

Chrome Prince 7th December 2014 12:52 PM

I had noticed that UB, and given recent postings everywhere, I'd say the door is just about locked. Perhaps Pat is looking at different ways to arb, arbing but with a different strategy. I'd say given his postings, he'd be far better off just backing on Betfair when he spots arbs, because he did mention his lay side was losing considerably at Betfair.

FredTheMug 9th December 2014 08:19 AM

He's probably on a beach in Phuket with his laptop. Gambling is illegal there so he can't risk breaking his cover to post on the forums.

The Ocho 9th December 2014 05:17 PM

Quote:
Originally Posted by FredTheMug
He's probably on a beach in Phuket with his laptop. Gambling is illegal there so he can't risk breaking his cover to post on the forums.

Gambling is illegal there? That is funny. I wonder how we would all cope if gambling was illegal wherever we are?

Chrome Prince 9th December 2014 08:19 PM

We'd be back to secret two up games in the back alleys and card games in cafes.
The question remains, would horseracing still exist without punters or the ability for owners and trainers to bet on their own horses?

blackdog1 9th December 2014 09:31 PM

Quote:
Originally Posted by Chrome Prince
We'd be back to secret two up games in the back alleys and card games in cafes.
The question remains, would horseracing still exist without punters or the ability for owners and trainers to bet on their own horses?
Why do you think it's called the game of kings?

No punting = no punters = no TAB = no money for racing.
Only the rich could afford to keep racehorses and punting would be a limited black market affair, not benefiting racing.

beton 9th December 2014 09:42 PM

Quote:
Originally Posted by FredTheMug
He's probably on a beach in Phuket with his laptop. Gambling is illegal there so he can't risk breaking his cover to post on the forums.
Not only is it illegal, 95% of sites connected to gambling are censored including this one.


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