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Author Topic: Blue riband bet  (Read 2549 times)
horseplayer
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« on: April 29, 2016, 08:23:41 AM »

Probably seen it if affected but incase not

http://www.blueribandbet.com

They offered best price match and a quarter the odds every race regardless of shape. Turns out this isn't a great long term strategy.

Hope nobody here got burned. I opened with them a while back and they were the most professional and efficient bookies ever used, just lucky they were phone only and I didn't bother to do much more with them  ( literally got pounds in with them).

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DungBeetle
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« Reply #1 on: April 29, 2016, 09:34:57 AM »

"Funds are held in a client account but not protected in the event of insolvency"

In other words not held in a segregated client account at all.  It's just their own account and they've put the word "client" in the title.
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DMorgan
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« Reply #2 on: April 29, 2016, 10:45:18 AM »

Disappointed that this didn't turn out to be an eating prop bet

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Doobs
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« Reply #3 on: April 30, 2016, 10:21:04 AM »

Just done a bit of digging and the main owner of blue riband bet was a director at panbet (ie marathon bet).  The accounts of marathon bet are available at companies house.  Seemingly profitable, but look at that balance sheet.
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Most of the bets placed so far seem more like hopeful punts rather than value spots
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