FOBT stake reduction: the case for cautious optimism

In an article by Bruce Millington appearing in the Racing Post today (24 May 2018) it was eloquently argued that the reduction of FOBT stakes to £2 would have no positive bearing on the seemingly rampant bookmaker practice of restricting the stakes of skilful punters trying to get bets on in sports markets.  Mr Millington’s view […]

Irregular regulation? Policing anti-money laundering in the bookmaking industry

The imposition on bookmakers of a regulatory role in relation to money laundering and the source of punters’ funds is looking increasingly problematic. In the last year or so this firm has been contacted by numerous punters who have reached a dead end in their attempts to release funds from online betting accounts with bookmakers […]

An odd clause on odds

An interesting new clause appearing in several sets of bookmaker T&Cs has recently been brought to our attention. This short article addresses two of the clause’s more striking features. In a series of articles published earlier this year we looked at several of the more problematic provisions of the T&Cs employed by some online bookmakers. Many […]

First time Handicaps: expect the unexpected

In December of last year Jim Best was found guilty of breaches of the Rules of Racing by a BHA Disciplinary Panel for supposedly ordering a jockey to give ‘stopping’ rides to Echo Brava at Plumpton on 14th December 2015 and Missile Man at Towcester on 17th December 2015. In effect he was – in our view […]

The continuing story of Honest Joe

In our last article (‘Heads I Win, tails you lose …’) we referred to several of the more controversial clauses appearing in the Terms and Conditions of some online Bookmakers. This article looks at two of those ‘T&Cs’ in more detail with reference to some current examples. Our last article referred to a double-barrelled business model that […]

Heads I win, tails you lose …

A worrying business model appears to have established itself in the murkier corners of online bookmaking but there are signs that its days may be numbered