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

Prefix to mark news articles

maxd

Head of Complaints (PABs), Senior Forum Moderator
Staff member
Joined
Jan 20, 2004
Location
Saltirelandia
<div class="bbWrapper">Interesting article in <a href="https://www.theguardian.com" target="_blank" class="link link--external" rel="noopener">The Guardian</a>,<br /> by <a href="https://www.theguardian.com/profile/rob-davies" target="_blank" class="link link--external" rel="noopener">Rob Davies</a> , Sat 19 Feb 2022 10.30 GMT:<br /> <br /> <a href="https://www.theguardian.com/society/2022/feb/19/stake-factoring-how-bookies-clamp-down-on-successful-gamblers" target="_blank" class="link link--external" rel="noopener"><b><span style="font-size: 18px">Revealed: how bookies clamp down on successful gamblers and exploit the rest</span></b></a><br /> <div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px"><i>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.</i>&#8203;</div><div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px"><i>One of multiple insiders from firms including <a href="https://www.theguardian.com/business/paddy-power-betfair" target="_blank" class="link link--external" rel="noopener">Paddy Power Betfair</a>, 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.</i>&#8203;</div><div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px"><i>“The volume of customers they had, you could afford to get rid of anyone you thought wasn’t going to be profitable,” he said.</i>&#8203;</div><div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px"><i>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.</i>&#8203;</div><div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px">(<a href="https://www.theguardian.com/society/2022/feb/19/stake-factoring-how-bookies-clamp-down-on-successful-gamblers" target="_blank" class="link link--external" rel="noopener">continues</a>)&#8203;</div></div>
 
Last edited:
<div class="bbWrapper"><blockquote data-attributes="member: 1552" data-quote="maxd" data-source="post: 1237026" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/forums/goto/post?id=1237026" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1237026">maxd said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Interesting article in <a href="https://www.theguardian.com" target="_blank" class="link link--external" rel="nofollow ugc noopener">The Guardian</a>,<br /> by <a href="https://www.theguardian.com/profile/rob-davies" target="_blank" class="link link--external" rel="nofollow ugc noopener">Rob Davies</a> , Sat 19 Feb 2022 10.30 GMT:<br /> <br /> <a href="https://www.theguardian.com/society/2022/feb/19/stake-factoring-how-bookies-clamp-down-on-successful-gamblers" target="_blank" class="link link--external" rel="nofollow ugc noopener"><b><span style="font-size: 18px">Revealed: how bookies clamp down on successful gamblers and exploit the rest</span></b></a><br /> <div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px"><i>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.</i>&#8203;</div><div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px"><i>One of multiple insiders from firms including <a href="https://www.theguardian.com/business/paddy-power-betfair" target="_blank" class="link link--external" rel="nofollow ugc noopener">Paddy Power Betfair</a>, 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.</i>&#8203;</div><div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px"><i>“The volume of customers they had, you could afford to get rid of anyone you thought wasn’t going to be profitable,” he said.</i>&#8203;</div><div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px"><i>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.</i>&#8203;</div><div style="margin-left: 20px">&#8203;</div><div style="margin-left: 20px">(<a href="https://www.theguardian.com/society/2022/feb/19/stake-factoring-how-bookies-clamp-down-on-successful-gamblers" target="_blank" class="link link--external" rel="nofollow ugc noopener">continues</a>)&#8203;</div> </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> 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.<br /> <br /> Just a quick google yielded this.<br /> <br /> &quot;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&quot;<br /> <br /> Another user posted this.<br /> <br /> Lads and Coral limited to £0 and closed.<br /> Paddy limited to pennies<br /> 365 limited to £50 wins<br /> Hills limited to £100 wins<br /> Vic limited<br /> Stan James account closed<br /> Betbright limited to £1 bets<br /> Fred and Tote limited to £1 bets before account closed<br /> Unibet limited to small stakes (following Stan James merger)<br /> Betfair Sportsbook – limited to pennies immediately<br /> un-Sportingbet limited to pennies immediately after a large win<br /> Sky – limited to pennies<br /> Bwin – limited to £25 wins<br /> Betway – limited to 55p stakes<br /> 888 – limited to £0 stakes<br /> Titan/Winner/Vernons – limited to £0 and account closed<br /> High and mighty Geoff Banks – account closed<br /> Corbetts – limited to pennies<br /> Boyles – can anyone get a bet on there?<br /> Betsafe – limited to pennies<br /> Tonybet – limited to pennies<br /> Sunbets – limited to pennies<br /> Myclubbetting – banned even though I hadn’t used them for over 2 years as their opdds were so crap<br /> Anyone, who only takes a bet when that bet is value, will have their accounts closed and limited.</div>
 
Last edited:
<div class="bbWrapper"><blockquote data-attributes="member: 32750" data-quote="electronictonic" data-source="post: 1237038" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/forums/goto/post?id=1237038" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1237038">electronictonic said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> This has been going on for years and years .... </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> No doubt. I don&#039;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.</div>
 
Last edited:
<div class="bbWrapper">Interesting article, the terminology and detail is welcome even if the knowledge of it happening is as old as the hills.<br /> <br /> I wonder how this plays into the UKGC&#039;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&#039;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).</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 36078" data-quote="jasonuk" data-source="post: 1237174" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/forums/goto/post?id=1237174" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1237174">jasonuk said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Interesting article, the terminology and detail is welcome even if the knowledge of it happening is as old as the hills.<br /> <br /> I wonder how this plays into the UKGC&#039;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&#039;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). </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> <br /> None of this affordability stuff matters....<br /> <br /> 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<br /> <br /> imagine a pop up every month saying &quot;99% of users are long term losers&quot; popping up every month</div>
 

Meister Ratings

Back
Top