blonde poker forum

Community Forums => Betting Tips and Sport Discussion => Topic started by: TightEnd on May 29, 2017, 08:10:22 AM



Title: Why gamblers are on a losing streak – and the industry is cashing in
Post by: TightEnd on May 29, 2017, 08:10:22 AM
Interesting

Last year UK gamblers lost a record £13.8bn, as operators made it harder than ever for skilful customers to place a bet. Regulation is urgently needed

https://www.theguardian.com/commentisfree/2017/may/28/gamblers-losing-streak-industry-cashing-in-gaming-regulation?CMP=share_btn_tw


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: neeko on May 29, 2017, 05:25:11 PM
Journalist should not be allowed to write articles that involve numbers, things just don't add up.

At least £3.4 bn of the total relates to the national lottery (although it manages not to clearly mention this)

No idea where the other £10 bn comes from, although clicking through a link we find that £4.5bn is from online bingo and other online gambling. (How much of this is reinvested 'winnings' is unclear.)

Reminds me of Finland trying to tax Patrick antonius for his $0.25bn of winnings over the course of his heads up match with durrrr (they just ignored the quarter billion he lost on the other half of the hands.)


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: kp24 on May 29, 2017, 09:40:16 PM
Surprised to see online bingo makes more than sports betting!


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: AndrewT on May 29, 2017, 10:08:21 PM
Surprised to see online bingo makes more than sports betting!

It doesn't - the bingo sites make most of their money from the slots games on the side.


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: flushthemout on May 29, 2017, 11:42:12 PM
My wife puts £20.00 a month on a bingo site every month, she fell asleep and woke up two hours later and her balance showed £587.00 tonight 😆


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: The Camel on May 29, 2017, 11:53:40 PM
My wife puts £20.00 a month on a bingo site every month, she fell asleep and woke up two hours later and her balance showed £587.00 tonight 😆

My first ever sighting of a bingo after time!


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: flushthemout on May 30, 2017, 06:09:06 PM
Think it's called Auto Dab 😉


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: ripple11 on May 30, 2017, 06:59:34 PM
Loved Bingo as a student.

 Friday nights were good  to try and win a joint of meat for the weekend/week  :)
 If you said it was your birthday you got a free drink at the bar.....never been 19 so often.


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: kp24 on May 30, 2017, 08:18:33 PM
Surprised to see online bingo makes more than sports betting!

It doesn't - the bingo sites make most of their money from the slots games on the side.

That makes more sense


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: arbboy on June 07, 2017, 12:30:40 AM
https://www.theguardian.com/society/2017/jun/06/tories-fobt-gambling-labour


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: sonour on June 07, 2017, 11:40:08 AM
So do we want the maximum stake on FOBTs to be reduced so the high Street bookies make less money and have to return to laying bets or would they simply close down lots of shops which would make it even more difficult for us to get a bet on ?



Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: Doobs on June 07, 2017, 12:03:42 PM
So do we want the maximum stake on FOBTs to be reduced so the high Street bookies make less money and have to return to laying bets or would they simply close down lots of shops which would make it even more difficult for us to get a bet on ?



No, that isn't why we want the maximum stake reduced.  We want the maximum stake reduced so that so many people's lives are ruined so easily.  Utter disgrace they won't lay a ten pound bet whilst letting the desperate bet £100 every 20 seconds.  If it results in betting shops closing, so be it.  Winners will just have to adapt.

They should never have been allowed in the first place, as there was plenty of evidence from Australia about how destructive they could be.


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: arbboy on June 07, 2017, 12:16:40 PM
So do we want the maximum stake on FOBTs to be reduced so the high Street bookies make less money and have to return to laying bets or would they simply close down lots of shops which would make it even more difficult for us to get a bet on ?



No, that isn't why we want the maximum stake reduced.  We want the maximum stake reduced so that so many people's lives are ruined so easily.  Utter disgrace they won't lay a ten pound bet whilst letting the desperate bet £100 every 20 seconds.  If it results in betting shops closing, so be it.  Winners will just have to adapt.

They should never have been allowed in the first place, as there was plenty of evidence from Australia about how destructive they could be.

Plus despite claims about huge job losses from the firms PR men and less direct tax recepits the opposite in the bigger picture of the economy is true according to a study.  More jobs would be created elsewhere due to the £1.8bn loses a year spent elsewhere in the economy and this additional spend would also create more tax revenue than the FOBT tax creates.

All in all there is zero reason why ANY party (even the tories) shouldn't ban them or reduce their stakes to effectively ban them which is what a £2 max stake would do.  You can't play roulette with a £2 max stake.

If half the shops close it just means there will be one lolbrokes or coral or hills or balds in a town instead of 2 each for clustering reasons.  Whether there is one bald or ten in the same local area the same regional manager controls whether you can on so you either can get on or you cant no matter how many shops there are nowadays.


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: sonour on June 07, 2017, 01:56:22 PM
The two Ladbrokes in Walsall town centre have different area managers.

I'm limited to £50 in Ladbrokes Bridge Street. I went to Ladbrokes Pleck and the Area manager from Bridge Strret was there. He said ' You're not limited in here are you ? '
I said ' No ' and he took a bet well in excess of £50.

But I take your point. :)



Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: Cf on June 07, 2017, 05:51:46 PM
Bookies, arcades, clubs, should be allowed the same machines as pubs: £1 stake / £100 JP.

Casinos should be allowed unlimited stake / unlimited jackpot. They should require membership and to play a game should require your membership card. This card is setup with controls to allow safe gambling. Max staked in a period, max loss, highest stake, etc.

There. Sorted.


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: arbboy on June 12, 2017, 07:19:51 PM
https://www.theguardian.com/sport/2017/jun/09/conservatives-must-act-on-betting-shop-gaming-machines-after-election-horse-racing?CMP=share_btn_tw


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: Archer on August 20, 2017, 01:20:44 PM
Vicky Coren Mitchell on FOBTs

The average national wage is about £25,000. How many times, over a year, do you think £1,000 or more was lost in a single gambling session, on a local high street, in these circumstances?

No. You’re wrong.

It was 233,071 times.

I mean, for fuck’s sake.


https://www.theguardian.com/commentisfree/2017/aug/19/a-stupid-gamble-on-evil-machines?CMP=share_btn_tw


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: lee h on August 20, 2017, 02:22:33 PM
That means that once a fortnight  in each LBO someone loses a thousand.

Is that really so shocking?

Lee


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: PokerBroker on August 20, 2017, 02:28:40 PM
That means that once a fortnight  in each LBO someone loses a thousand.

Is that really so shocking?

Lee

No, but I think the point is those numbers are based on those mahcines only.  I could be wrong.  But when I'm in the bookies it's normally the poorest people doing chunks in these machines, tey genuninley believe they have a chance of winning. 


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: BigAdz on August 20, 2017, 06:14:15 PM
That means that once a fortnight  in each LBO someone loses a thousand.

Is that really so shocking?

Lee

No, but I think the point is those numbers are based on those mahcines only.  I could be wrong.  But when I'm in the bookies it's normally the poorest people doing chunks in these machines, tey genuninley believe they have a chance of winning. 


If someone is losing a bag in a single session, they aint the poorest....they may be afterwards however......


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: PokerBroker on August 21, 2017, 07:52:54 AM
That means that once a fortnight  in each LBO someone loses a thousand.

Is that really so shocking?

Lee

No, but I think the point is those numbers are based on those mahcines only.  I could be wrong.  But when I'm in the bookies it's normally the poorest people doing chunks in these machines, tey genuninley believe they have a chance of winning. 


If someone is losing a bag in a single session, they aint the poorest....they may be afterwards however......

I'm not same the poorest people are the ones losing a bag a session and I don't think the article is either. 

There is no doubt though that the people who fair worse out of these machines are the poorest and les educated.  When they first hit the shots they were riddled with bugs and you used to be able to take advantage of them but that is no longer the case. 

Plus more games have been added over the years to cater for more gamblers. 


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: nirvana on August 21, 2017, 12:36:11 PM
I'd like to see gambling taxed to the maxo and go back to the days where you couldn't see the losers in a betting shop..I find it quite upsetting


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: atdc21 on August 21, 2017, 01:13:16 PM
Not sure if anyone put it up on here, but did u see the bloke who smahed up some Ladsbrokes shops cos they wouldn't ban him, so he said.


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: tikay on August 21, 2017, 01:24:31 PM
Not sure if anyone put it up on here, but did u see the bloke who smahed up some Ladsbrokes shops cos they wouldn't ban him, so he said.

Think it was Wm Hill shops in Liverpool if we are talking about the same chap.


http://www.bbc.co.uk/news/uk-england-merseyside-40954898




Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: SuperJez on August 21, 2017, 02:16:21 PM
To me the problem is not that FOBT's are available and you can gamble on them (personal freedom is to be valued highly).  They should be allowed imo but it is more the licencing question.

Is it fair that high street bookmakers are operating under a "bookmaking" licence yet well over 80% of their annual turnover is on these machines and casino games? (Coral accounts from a couple of years ago).  Clearly that is a bit of a fraud.  They should have to apply for, and be compliant with, a full casino licence - if they are just offering a high street casino.  If they want to operate under a "bookmaker" licence with the looser regulations that brings then the majority of their business should be bookmaking.


Title: Re: Why gamblers are on a losing streak – and the industry is cashing in
Post by: atdc21 on August 21, 2017, 02:22:13 PM
Not sure if anyone put it up on here, but did u see the bloke who smahed up some Ladsbrokes shops cos they wouldn't ban him, so he said.

Think it was Wm Hill shops in Liverpool if we are talking about the same chap.


http://www.bbc.co.uk/news/uk-england-merseyside-40954898

yes thats the chap Tikay, ah was billhill shops