Sky Bet - NEW LOW even for these muppets

[SuuPRlim]

So its no new news that Sky bet are a joke of a bookmaker...but what I just went through was embarrassing.

I select 5 golfers for the master and want to bet them all each way, total stake is £1050.

Deposit £1050.

goes through each selection and limits it by roughly 1/4 (£100 to £78.67 etc)

then go through each selection again reducing by the same amount

then each selection again till i am able to bet ~£400 across the 5 bets.

WTF is that, restricted 15 times in about 3 minutes, im no stranger to nitty bookies cutting your action but this has just super fucking rattled my bars - if you want me to bet max £18 on a golfer then just fucking tell me Im a big boy.

Might spend the next hour just depositing and withdrawing just to incur them some fee's and gte that even if I lose every bet they dont make any £ of me.

[tikay]

 

[arbboy]

I posted this yday on TFT Dave just incase you didn't read it about the subject.  Pretty much sums up a lot of your points.

The trouble is when you make an offer incredibly stupidly good maths wise two things happen (i know this from personal experience because i have done similar stuff in the past for books i worked for).   Sky could easily have gone 8 places and 1/5 odds or 7 places 1/4 the odds and still had the best offer in the market place.  Error number 1. The fact 365, lolbrokes, hills and bald are all 5 places 1/4 suggests how bad an event this is to offer enhanced place terms.  Believe me if this made sense 365 would be doing it and not going the standard terms like lolbrokes, hills and bald are also doing.  Given how aggressive 365 are on price to attract new business on major events to not even slightly enhance the place terms (i thought they might go 1/4 6 places but as i said last week that is setting fire to cash on the Masters generally) says it isn't a great ew betting heat for bookmakers.

You attract a huge amount of professional money (every pro and semi pro arber/punter will be fighting to find a brand new sky bet account(s) this weekend as it is literally free money hand over fist with big limits on a major event - on top of that every new account gets paid £40 from sky in a free bet as well which any pro will use on a huge price like golf and turn it into £40 in cash long term) which you clearly don't want.   If sky wanted to do this for casuals for a pony max why didn't they set up a special enhanced ew market with £25 limits for the casuals with 8 places they are trying to attract then have a separate main market where you can get a large bet on without automatically having your skybet account closed because you do so at more sensible place terms?

Secondly all the wagons you have locked into skysweat already as mugs get incredible terms on a product they would happily bet at 1/5 1234 anyway because they are not price sensitive.  When you are a massively rec sports book like Skybet why would you ever want to compete on price to attract customers? These are not the punters you want.  You don't want price sensitive punters because all you do it close them down.  Paddy has crushed it on their marketing for this event.  They sell 7 places, go bottom price every golfer and 1/5 ew terms.  Their margin on their masters product is probably higher than anyone in the market place given their strategy but they suck in all the mugs with 7 places (advertising 7 places but discretely not telling them its 1/5 the odds on their expensive tv adverts).  These are the types of mugs paddy (and skybet) should be chasing.  Paddy has won the battle hands down without attracting all the sharps at the same time to iron them out.  Can't imagine many pro's running to Auntie Doris this week to open them a new paddy account.

[Tal]

You must be a massive whale to get that much on with Sky.

Ridiculous brag thread IMO.  

[SuuPRlim]

Gd stuff Arbboy interesting reading.

Iv just never seen before.

Stake must not exceed £86.26
Then when I try to bet £80 ( I like round numbers)
It says stake must not exceed £47.87...
Then when i try to bet £45 it says stake must not exceed £21.63.

It really wound me up. If they'd just said straight up max bet is £10 I'd not even have blinked.

Infuriating company

[doubleup]

Was there an option to just click and accept the restricted amount?  I vaguely recall that in the past.

[SuuPRlim]

Willet
Mcilroy
Matsuyama
Spieth
Dustin

We're the 5 I picked :-)

Give that trader a bonus!

[doubleup]

Well done! albeit with a mandatory  - with only 1 of the betting top 5 and 2 of the top ten being in the places, I think they are getting a bonus anyway.....

[Doobs]

Willet
Mcilroy
Matsuyama
Spieth
Dustin

We're the 5 I picked :-)

Give that trader a bonus!

The I can get £400 on with Sky brag was a bit too much. 

[Chompy]

Firstly,  obvs.

Secondly, Sky really dodged one there. Having Jordo blow it would have been good enough, but getting Rory and Day out of the eight by one shot...nice to run good!

[peejaytwo]

After a recent review by our trading team, it has been decided that this account requires tighter liability management. Unfortunately this means the account will no longer be eligible for any of our free bet promotions (including Sky Bet Club and Money Back refunds).

In addition, from this point forward any bets placed will no longer apply for Best Odds Guaranteed and will be settled at the price option taken upon placement

This came today after me taking advantage of the 8 place offer to the tune of £3ew and £1.80ew.. Dunno how much tighter their " liability management can be" 😳