Editor's Blog7 mins ago
Winning Bet Refused
Three days ago, I went in my local Coral bookies shop and placed a £5 bet on England to win the football match.
Yesterday I went back to collect all pleased with myself. To the same guy (the manager) I said I've come to collect my winnings - he said - you havn't got any winnings because at 90 minutes the score was 0-0 and at that point England had NOT won and he refused to pay me out. He didn't void my bet either ,so no refund. Nobody mentioned this "rule" before I placed the bet. Can I. do anything about this blatant scam ? I still have my slip.
Yesterday I went back to collect all pleased with myself. To the same guy (the manager) I said I've come to collect my winnings - he said - you havn't got any winnings because at 90 minutes the score was 0-0 and at that point England had NOT won and he refused to pay me out. He didn't void my bet either ,so no refund. Nobody mentioned this "rule" before I placed the bet. Can I. do anything about this blatant scam ? I still have my slip.
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“You did not state time , hour etc.”
No he did not. But the bookie did and it was up to him to acquaint himself with the rules.
“YOU won that Bet.”
Clearly, he did not.
“Just another "small print" cop-out scam”
That’s just silly. Had the bet been placed on a draw it would have been a winner (even though the match did not, ultimately, end in a draw) and the bookmaker would not have refused to pay. Clearly there has to be some understanding of the basis on which the bet is placed when the match can be decided in 90 mins, 120 mins or on penalties. It’s up to the bookmaker which of those to adopt and up to the punter to make sure he knows what will constitute success.
“Never seen a bookie in a food bank.”
No you don’t and you’re unlikely ever to. Bookmakers construct their “books” so that, provided they have a large enough number of balancing bets, they profit whatever the result. A punter cannot bet on all the eventualities and break even, so a group of punters (his “book”) cannot do so either. It’s not a scam, it’s called business. Similarly casinos have an advantage of around 2.7% on roulette. The odds on single numbers are 35 to 1, pairs 17 to 1, etc; which is less that the true mathematical odds (because there are 37 clots on the wheel). This gives the house a 2.7% advantage. On top of that if a spin results in “Zero” all even money bets (red/black, odd/even, high/low) are either lost (which gives the house the same 2.7% advantage) or - in most casinos - are held - “in prison” until the next spin (giving the house a 1.35% advantage).
Quite why punters expect a bookmaker or casino to run their establishments as philanthropic societies is quite beyond be. After all, you don’t moan when a pub charges you more for a pint than they pay for it (or do you?)
No he did not. But the bookie did and it was up to him to acquaint himself with the rules.
“YOU won that Bet.”
Clearly, he did not.
“Just another "small print" cop-out scam”
That’s just silly. Had the bet been placed on a draw it would have been a winner (even though the match did not, ultimately, end in a draw) and the bookmaker would not have refused to pay. Clearly there has to be some understanding of the basis on which the bet is placed when the match can be decided in 90 mins, 120 mins or on penalties. It’s up to the bookmaker which of those to adopt and up to the punter to make sure he knows what will constitute success.
“Never seen a bookie in a food bank.”
No you don’t and you’re unlikely ever to. Bookmakers construct their “books” so that, provided they have a large enough number of balancing bets, they profit whatever the result. A punter cannot bet on all the eventualities and break even, so a group of punters (his “book”) cannot do so either. It’s not a scam, it’s called business. Similarly casinos have an advantage of around 2.7% on roulette. The odds on single numbers are 35 to 1, pairs 17 to 1, etc; which is less that the true mathematical odds (because there are 37 clots on the wheel). This gives the house a 2.7% advantage. On top of that if a spin results in “Zero” all even money bets (red/black, odd/even, high/low) are either lost (which gives the house the same 2.7% advantage) or - in most casinos - are held - “in prison” until the next spin (giving the house a 1.35% advantage).
Quite why punters expect a bookmaker or casino to run their establishments as philanthropic societies is quite beyond be. After all, you don’t moan when a pub charges you more for a pint than they pay for it (or do you?)
10ClarionSt @ 18:00 Fri 6th; Of course they have rules, and the smaller the firm, the tighter those rules. Otherwise the independent ones would soon be out of business. Have you never seen the racing on tv when a particularly fancied horse is 'shortened' by the top bookies by having a rep at the track with a satchel full of dosh? Once again, it is up to the individual to know what the limit is on any bet they place.
All online bookies require proof of ID before they are allowed to pay out Ael. The legislation was introduced to combat money laundering, from the gangsters and drug dealers, by the government. It is to prevent an account being opened in a false name and "hot" money being placed, making any winnings clean. Most firms ask for proof of ID within the first 10 days of an account being opened and always before the first winnings are paid into a bank account. I think that you will also find that large cash bets are also scrutinised by the High St branches these days as well. For the same reasons, particularly if the layer is not known to the staff as a "regular". To be honest I would have though that everyone knew that football bets only cover the normal time period in knockout cup games.
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