In The News how bookies weed out successful punters and cash in on others

Prefix to mark news articles

maxd

PAB (Complaints) Manager
Staff member
Joined
Jan 20, 2004
Location
Saltirelandia
Interesting article in
You do not have permission to view link Log in or register now.
,
by
You do not have permission to view link Log in or register now.
, Sat 19 Feb 2022 10.30 GMT:

You do not have permission to view link Log in or register now.

On any given Saturday, Rory would spend several hours glued to a screen flickering with hundreds of football and horse racing bets placed by customers of the Irish bookmaker Paddy Power.
One of multiple insiders from firms including
You do not have permission to view link Log in or register now.
, Ladbrokes and William Hill who spoke on condition of anonymity, Rory was part of an obscure corner of the gambling industry that exists to maximise profits by clamping down on successful punters.
“The volume of customers they had, you could afford to get rid of anyone you thought wasn’t going to be profitable,” he said.
Punters know the house usually wins, but most have no idea that bookies sharpen their edge via something called “stake factoring”, the process by which winning customers are dialled down, while losers are allowed to bet more.
(
You do not have permission to view link Log in or register now.
)​
 
Last edited:

electronictonic

Senior Member
Joined
Jun 23, 2013
Location
UK
Interesting article in
You do not have permission to view link Log in or register now.
,
by
You do not have permission to view link Log in or register now.
, Sat 19 Feb 2022 10.30 GMT:

You do not have permission to view link Log in or register now.

On any given Saturday, Rory would spend several hours glued to a screen flickering with hundreds of football and horse racing bets placed by customers of the Irish bookmaker Paddy Power.
One of multiple insiders from firms including
You do not have permission to view link Log in or register now.
, Ladbrokes and William Hill who spoke on condition of anonymity, Rory was part of an obscure corner of the gambling industry that exists to maximise profits by clamping down on successful punters.
“The volume of customers they had, you could afford to get rid of anyone you thought wasn’t going to be profitable,” he said.
Punters know the house usually wins, but most have no idea that bookies sharpen their edge via something called “stake factoring”, the process by which winning customers are dialled down, while losers are allowed to bet more.
(
You do not have permission to view link Log in or register now.
)​

This has been going on for years and years, I can remember reading internet forums back in like 2010 of people saying they go to bet on a horse and put in £20 stake and it reduces the bet to like 16p countless posts like that all over the internet, or they send an email saying you are no longer profitable to us so we are closing your account down, you are welcome to login and play our casino games, but you are no longer able to place bets on the sportsbook, countless posts like that as well.

Just a quick google yielded this.

"You will never beat me, although I now know it was that spyware they use, but having had various accounts closed, I opened a Ladbrokes account, had 1 bet, which lost and then immediately limited me to 5p max stake e/w. I’ve genuinely told the family to put it on my gravestone.its all about reputation"

Another user posted this.

Lads and Coral limited to £0 and closed.
Paddy limited to pennies
365 limited to £50 wins
Hills limited to £100 wins
Vic limited
Stan James account closed
Betbright limited to £1 bets
Fred and Tote limited to £1 bets before account closed
Unibet limited to small stakes (following Stan James merger)
Betfair Sportsbook – limited to pennies immediately
un-Sportingbet limited to pennies immediately after a large win
Sky – limited to pennies
Bwin – limited to £25 wins
Betway – limited to 55p stakes
888 – limited to £0 stakes
Titan/Winner/Vernons – limited to £0 and account closed
High and mighty Geoff Banks – account closed
Corbetts – limited to pennies
Boyles – can anyone get a bet on there?
Betsafe – limited to pennies
Tonybet – limited to pennies
Sunbets – limited to pennies
Myclubbetting – banned even though I hadn’t used them for over 2 years as their opdds were so crap
Anyone, who only takes a bet when that bet is value, will have their accounts closed and limited.
 
Last edited:

maxd

PAB (Complaints) Manager
Staff member
Joined
Jan 20, 2004
Location
Saltirelandia
This has been going on for years and years ....

No doubt. I don't know much about sportsbetting so I found the lingo used worth the read in itself. The fact that this kind of player profiling is obviously endemic to the scene was not much of a surprise.
 
Last edited:

jasonuk

Experienced Member
Joined
May 10, 2014
Location
UK
Interesting article, the terminology and detail is welcome even if the knowledge of it happening is as old as the hills.

I wonder how this plays into the UKGC's efforts towards a Single Customer View (SCV) - because that dataset would be ripe for exploitation by operators trying to weed out winning or arbitrage players (who will stick out like a sore thumb if a sportsbook can see they've got accounts on betting exchanges). I can understand what the UKGC are trying to achieve there - but many of the cases we hear about are scenarios where the casino already had the information and ignored it (either intentionally or negligently).
 

ricky

Newbie member
Joined
Apr 5, 2016
Location
london
Interesting article, the terminology and detail is welcome even if the knowledge of it happening is as old as the hills.

I wonder how this plays into the UKGC's efforts towards a Single Customer View (SCV) - because that dataset would be ripe for exploitation by operators trying to weed out winning or arbitrage players (who will stick out like a sore thumb if a sportsbook can see they've got accounts on betting exchanges). I can understand what the UKGC are trying to achieve there - but many of the cases we hear about are scenarios where the casino already had the information and ignored it (either intentionally or negligently).


None of this affordability stuff matters....

all the ukgc need to do is follow what the fca do in regard to spread betting and make companies show how many players are long term losers

imagine a pop up every month saying "99% of users are long term losers" popping up every month
 

Users who are viewing this thread

Top