OZmium Sports Betting and Horse Racing Forums

OZmium Sports Betting and Horse Racing Forums (http://forums.ozmium.com.au/index.php)
-   General Topics (http://forums.ozmium.com.au/forumdisplay.php?f=59)
-   -   Banned (http://forums.ozmium.com.au/showthread.php?t=28394)

Pat123 13th June 2014 07:23 AM

Looking forward to finding out exactly what this means for us. Will post here if i get a reply from them.

stugots 13th June 2014 09:25 AM

PR stunt with a $50 limit?

We know what Vlandy think of punters (that they are basically imbeciles with a little spare cash) so I will wait for the fine print before breaking out the party hats.

Tayjack 13th June 2014 12:44 PM

It is NSW only.
The stand to lose on a fixed win bet will be around 3k
The stand to lose on a fixed place bet will be around 1700.

To take effect from July 1. These figures were just released as approximates only.

Pat123 13th June 2014 03:24 PM

So this only applies to bookmakers with a NSW license. Any with a northern territory license can do what they want still.

So them which bookmakers have a nsw license?

UselessBettor 13th June 2014 03:30 PM

From what I read it was any bookmaker who uses NSW fields. And it will apply to only NSW races.

But any and all bookies if they want to take bets on NSW races.

Pat123 13th June 2014 04:26 PM

Hi there,

My account ID is: --------


This is a courtesy email to let you know NSW racing has now made a ruling that all bookmakers must accept fixed odds bets from all customers, winning or not, on NSW thoroughbred races.

I am recently banned from fixed odds - please advise me once this has been lifted. If you would like to refer to this ruling, please see the official ruling below:

http://www.racingnsw.com.au/default...isplay&id=15874


I look forward to hearing back from you.

Kind regards,

Patrick.


LUXBET:

Hi Patrick,

As outlined in this article, the minimum bet condition will be implemented following extensive consultation with wagering operators.

Please be advised that Luxbet are licenced under a Northern Territory wagering licence and not NSW.

The existing restrictions on your account stand as they are and no changes will be made at this time.

Regards,

Erika Mortensen
Customer Service Team Leader

DR RON 13th June 2014 04:54 PM

If we could only get the NT government to grow some cohunas then things might start looking up.

evajb001 13th June 2014 05:01 PM

Pat I doubt they are going to lift any restrictions yet.

The way I understand it, is that all bookies will need to accept a minimum liability on NSW races including fixed odds otherwise they won't be able to offer NSW races anymore. Also one of the articles states it won't apply in July 1, but i'd guess more will come out between now and then.

A step in the right direction at least.

Pat123 13th June 2014 05:22 PM

Yeah, I'm just giving them a nice little warning. Even if the restrictions are lifted I probably won't end up using them and any others that have restricted me. Got enough bookies atm that employ ethical business practices without the need to be forced to.

UselessBettor 13th June 2014 05:31 PM

Hit the unethical ones as hard as you can (I will be). Eventually they will have to stop offering NSW fields or learn how to be a good bookmaker.

Actually they probably will offer terrible odds on NSW as a consequence and not take many bets on it.


All times are GMT +10. The time now is 09:34 PM.

Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.