£1.7 million withheld on bet payout. on 15:09 - Oct 16 with 2806 views | Keno | what are the odds on that happening | |
| |
£1.7 million withheld on bet payout. on 15:10 - Oct 16 with 2803 views | C_HealyIsAPleasure | Nope, but I’m betting he’ll regret not taking their £60k offer... Mugs game | |
| |
£1.7 million withheld on bet payout. on 15:16 - Oct 16 with 2764 views | jeera |
£1.7 million withheld on bet payout. on 15:10 - Oct 16 by C_HealyIsAPleasure | Nope, but I’m betting he’ll regret not taking their £60k offer... Mugs game |
I don't know enough to pass much comment really, but it does look on the surface like Betfred have been trying it on surely. You'd assume his lawyers fancy their chances to push it this far? A software error, christ. I'm sure they don't rush to hand back bets lost when these errors occur. | |
| |
£1.7 million withheld on bet payout. on 15:19 - Oct 16 with 2726 views | clive_baker | You wonder if he had withdrawn it in dribs and drabs whether it would've flagged anything. Should've just kept withdrawing a grand a day. | |
| |
£1.7 million withheld on bet payout. on 15:25 - Oct 16 with 2690 views | gtsb1966 | Win or lose this will cost Betfred more than the initial pay out in the long run. In terms of bad publicity this is about as bad as it can get. Whoever is advising them needs sacking. | | | |
£1.7 million withheld on bet payout. on 15:25 - Oct 16 with 2682 views | uefacup81 |
£1.7 million withheld on bet payout. on 15:10 - Oct 16 by C_HealyIsAPleasure | Nope, but I’m betting he’ll regret not taking their £60k offer... Mugs game |
I'd suggest that the fact that the original offer was £30k and that the whole settlement came with a whopping non-disclosure clause suggests that Betfred fear that they're in for quite the rinsing. | |
| |
£1.7 million withheld on bet payout. on 15:26 - Oct 16 with 2672 views | uefacup81 |
£1.7 million withheld on bet payout. on 15:25 - Oct 16 by gtsb1966 | Win or lose this will cost Betfred more than the initial pay out in the long run. In terms of bad publicity this is about as bad as it can get. Whoever is advising them needs sacking. |
Indeed. Surely to pay out and make a big song and dance about it would have been the best course of action. The publicity from it would have been superb - showing that you can win big with them, and that they don't quibble on big payouts. | |
| |
£1.7 million withheld on bet payout. on 15:28 - Oct 16 with 2657 views | C_HealyIsAPleasure |
£1.7 million withheld on bet payout. on 15:25 - Oct 16 by uefacup81 | I'd suggest that the fact that the original offer was £30k and that the whole settlement came with a whopping non-disclosure clause suggests that Betfred fear that they're in for quite the rinsing. |
I could be wrong but have seen several bookie error cases in the press over the years and they always win - their T&C’s are written in a way that allows them to basically refuse payment on any case I would actually suggest the fact their offer was so small is rather more telling | |
| | Login to get fewer ads
£1.7 million withheld on bet payout. on 15:30 - Oct 16 with 2646 views | C_HealyIsAPleasure |
£1.7 million withheld on bet payout. on 15:25 - Oct 16 by gtsb1966 | Win or lose this will cost Betfred more than the initial pay out in the long run. In terms of bad publicity this is about as bad as it can get. Whoever is advising them needs sacking. |
Nonsense, they’re not the first bookie to be involved in this sort of case and won’t be the last. £1.7m is a huge amount - no chance that losing a minority of customers will cost them that | |
| |
£1.7 million withheld on bet payout. on 15:31 - Oct 16 with 2632 views | Ryorry |
£1.7 million withheld on bet payout. on 15:26 - Oct 16 by uefacup81 | Indeed. Surely to pay out and make a big song and dance about it would have been the best course of action. The publicity from it would have been superb - showing that you can win big with them, and that they don't quibble on big payouts. |
They're not as bright as you - in fact betFred have a bit of a rep in not paying out on the big wins. | |
| |
£1.7 million withheld on bet payout. on 15:34 - Oct 16 with 2625 views | uefacup81 |
£1.7 million withheld on bet payout. on 15:30 - Oct 16 by C_HealyIsAPleasure | Nonsense, they’re not the first bookie to be involved in this sort of case and won’t be the last. £1.7m is a huge amount - no chance that losing a minority of customers will cost them that |
I'm not sure it would take something so catastrophic for them to lose £1.7m of custom. The kind of player this is likely to deter is the kind who, as the article states, spends "a long night playing Frankie Dettori blackjack". i.e. the kind of person who probably thinks nothing of ploughing hundreds or thousands of pounds a year into their coffers. These are the people who'll do it in the vain hope of winning £1.7m one day, and if there's the slightest sniff that Betfred will try and deny them their Big Win, they'll be off elsewhere. It wouldn't take too many of that sort of gambler to disappear to make a £1.7m dent in Betfred's finances. | |
| |
£1.7 million withheld on bet payout. on 15:35 - Oct 16 with 2617 views | gtsb1966 |
£1.7 million withheld on bet payout. on 15:30 - Oct 16 by C_HealyIsAPleasure | Nonsense, they’re not the first bookie to be involved in this sort of case and won’t be the last. £1.7m is a huge amount - no chance that losing a minority of customers will cost them that |
Afternoon Fred. | | | |
£1.7 million withheld on bet payout. on 15:38 - Oct 16 with 2607 views | factual_blue |
£1.7 million withheld on bet payout. on 15:16 - Oct 16 by jeera | I don't know enough to pass much comment really, but it does look on the surface like Betfred have been trying it on surely. You'd assume his lawyers fancy their chances to push it this far? A software error, christ. I'm sure they don't rush to hand back bets lost when these errors occur. |
That's one of the several telling arguments his lawyers put forward. In addition they assert The fault notification Betfred gave to the regulator is pretty meaningless; Their terms and conditions (forty-nine pages over several documents) don't actually let them do this; There's nothing that actually proves the software fault occurs; They've not attempted to involve their software provider in their defence. | |
| |
£1.7 million withheld on bet payout. on 15:39 - Oct 16 with 2594 views | C_HealyIsAPleasure |
£1.7 million withheld on bet payout. on 15:34 - Oct 16 by uefacup81 | I'm not sure it would take something so catastrophic for them to lose £1.7m of custom. The kind of player this is likely to deter is the kind who, as the article states, spends "a long night playing Frankie Dettori blackjack". i.e. the kind of person who probably thinks nothing of ploughing hundreds or thousands of pounds a year into their coffers. These are the people who'll do it in the vain hope of winning £1.7m one day, and if there's the slightest sniff that Betfred will try and deny them their Big Win, they'll be off elsewhere. It wouldn't take too many of that sort of gambler to disappear to make a £1.7m dent in Betfred's finances. |
It will have next to zero impact | |
| |
£1.7 million withheld on bet payout. on 15:39 - Oct 16 with 2591 views | C_HealyIsAPleasure |
£1.7 million withheld on bet payout. on 15:35 - Oct 16 by gtsb1966 | Afternoon Fred. |
LOL As per my first post in this thread - clear example of why gambling really is a mugs game [Post edited 16 Oct 2020 15:40]
| |
| |
£1.7 million withheld on bet payout. on 15:41 - Oct 16 with 2583 views | Kropotkin123 |
£1.7 million withheld on bet payout. on 15:09 - Oct 16 by Keno | what are the odds on that happening |
I bet he's livid | |
| |
£1.7 million withheld on bet payout. on 15:44 - Oct 16 with 2563 views | tractorboy1978 |
£1.7 million withheld on bet payout. on 15:39 - Oct 16 by C_HealyIsAPleasure | LOL As per my first post in this thread - clear example of why gambling really is a mugs game [Post edited 16 Oct 2020 15:40]
|
These betting companies rarely lose. If you have a decent string of wins they ban you as I found out a few years ago. | | | |
£1.7 million withheld on bet payout. on 15:51 - Oct 16 with 2535 views | uefacup81 |
£1.7 million withheld on bet payout. on 15:39 - Oct 16 by C_HealyIsAPleasure | LOL As per my first post in this thread - clear example of why gambling really is a mugs game [Post edited 16 Oct 2020 15:40]
|
I think you'll find, though, that companies that are certain of their case don't offer life-changing sums of money to try and get aggrieved parties to drop their cases. Likewise, with £60k attached to an NDC, goodness knows how many times they've tried this on before. [Post edited 16 Oct 2020 15:53]
| |
| |
£1.7 million withheld on bet payout. on 16:05 - Oct 16 with 2468 views | C_HealyIsAPleasure |
£1.7 million withheld on bet payout. on 15:51 - Oct 16 by uefacup81 | I think you'll find, though, that companies that are certain of their case don't offer life-changing sums of money to try and get aggrieved parties to drop their cases. Likewise, with £60k attached to an NDC, goodness knows how many times they've tried this on before. [Post edited 16 Oct 2020 15:53]
|
‘Life changing amount’. £60k is f*ck all compared to a £1.7m payout Again - to spin it another way they’ve only deemed the bad publicity / risk of losing to be worth £60k, which is why I find the idea that not paying will cost them more than £1.7m to be laughable It’ll only end up costing more if they lose - and precedent suggests they won’t | |
| |
£1.7 million withheld on bet payout. on 16:06 - Oct 16 with 2465 views | C_HealyIsAPleasure |
£1.7 million withheld on bet payout. on 15:44 - Oct 16 by tractorboy1978 | These betting companies rarely lose. If you have a decent string of wins they ban you as I found out a few years ago. |
Well quite, the bookies always win, but still people pump in their hard earned. Mugs | |
| |
£1.7 million withheld on bet payout. on 16:09 - Oct 16 with 2461 views | Basuco | I used to work with a guy who used to place a lot of football related bets, only £100 or £200 type wins, but he frequently had to argue with them to get them pay up. One example was that Crystal Palace would sign the most players in transfer window, which they did do. But the win was refused as Everton signed a couple of players that went through in the early hours of the morning. He the pointed the Palace signed a couple that went through at 9 or 10 o'clock next morning. The betting company spent around an hour trying to justify a deadline time of their making 02:00AM so that my mate would lose the bet. He won in the end and I think he only won £240 on that bet and was a regular gambler. Another mate won £26K on a horse and is barred from opening an online account with any bookmaker and all his accounts were shut down or had a very low win limit applied. | | | |
£1.7 million withheld on bet payout. on 16:31 - Oct 16 with 2406 views | gtsb1966 |
£1.7 million withheld on bet payout. on 15:39 - Oct 16 by C_HealyIsAPleasure | LOL As per my first post in this thread - clear example of why gambling really is a mugs game [Post edited 16 Oct 2020 15:40]
|
Wouldn't know. I don't gamble but I'd hardly say doing an accumulater or a football bet is a mugs game every Saturday . Sitting on a computer all day/night playing casinos certainly is though. | | | |
£1.7 million withheld on bet payout. on 16:35 - Oct 16 with 2403 views | J2BLUE | Bookies are getting away with an ever increasing amount of dodgy tactics. Earlier today I placed a bet on under 13 corners in a match. As soon as I clicked submit it changed to under 11 without my consent. The match finished on 11 corners. During the women's world cup a mate and I had a winning first goalscorer bet voided due to it being 'the wrong odds'. No offer to settle at the correct odds, just voided. There was a story in the Guardian of William Hill planning to void a tennis bet if a certain player won Wimbledon just because the bet was placed before the rise of a certain player. I'm restricted on most bookie account. Bet 365 refused to lay £1 on a 7/1 treble for me the other day and offered me £0.20 stake. It's a joke and there should be more legal protections for people who use bookies. They should be forced to offer promotions to everyone and to accept a minimum £25 bet from anyone. | |
| |
£1.7 million withheld on bet payout. on 16:36 - Oct 16 with 2386 views | itfcjoe |
£1.7 million withheld on bet payout. on 16:35 - Oct 16 by J2BLUE | Bookies are getting away with an ever increasing amount of dodgy tactics. Earlier today I placed a bet on under 13 corners in a match. As soon as I clicked submit it changed to under 11 without my consent. The match finished on 11 corners. During the women's world cup a mate and I had a winning first goalscorer bet voided due to it being 'the wrong odds'. No offer to settle at the correct odds, just voided. There was a story in the Guardian of William Hill planning to void a tennis bet if a certain player won Wimbledon just because the bet was placed before the rise of a certain player. I'm restricted on most bookie account. Bet 365 refused to lay £1 on a 7/1 treble for me the other day and offered me £0.20 stake. It's a joke and there should be more legal protections for people who use bookies. They should be forced to offer promotions to everyone and to accept a minimum £25 bet from anyone. |
Such an unethical industry | |
| |
£1.7 million withheld on bet payout. on 16:48 - Oct 16 with 2365 views | hype313 | Paytech won't even disclose what the bug was that caused this to happen. So basically Betfred and Playtech are asking him to trust them that there was a glitch without providing any evidence that there actually was one! Or in other words "You won and you weren't supposed to" | |
| |
| |