Enjoy a flutter on the match ?
If you are a punter, racing fan, footie fan, work within sport or simply care about personal freedom, you should add your name to the petition launched on Wednesday night for the government to scrap the implementation of affordability checks.
Archived Petition: Stop the implementation of betting affordability/financial risk checks
We want the Government to abandon the planned implementation of affordability checks for some people who want to place a bet. We believe such checks – which could include assessing whether people are ‘at risk of harm' based on their postcode or job title – are inappropriate and discriminatory.petition.parliament.uk
In all probability, most members won't need reminding that affordability checks are objectionable, poorly conceived and should be scrapped, but just in case, here are five important reasons why you should sign the petition:
Affordability checks are an attack on our civil liberties
Affordability checks have become such a common feature of gambling for many that it is easy to forget just what an unprecedented attack on our basic freedoms they are. Never before has a British government attempted to interfere in how individuals spend their own money. It is hard to think of a more objectionable real-world example of the 'nanny state' than the government insisting on financial checks for those deemed to be spending too much of their own money.
Except those of us who are not fools and make a consistent profit by taking them for fools ;)
Slight aside, but with the Wise banking app, you can get an Aus, Canadian, Hungarian, NZ, Romanian, Singapore or Turkish Bank account, from the UK, without needing an address in foreign lands. Also earns GB interest - currently 4.87%. You can also open a Euro account (and many others) and get a Swift/BIC & IBAN number - but I don't think that's as feature rich as the others listed.
Stake restrictions aren't uncommon and can sometimes be sport specific. To be clear though the reason your dad was restricted won't be because he won it will be he cut into their overround.
www.timeform.com
Ta for that. ok. I get the totalling up of the odds (say on a football match, home win, away win, draw).Stake restrictions aren't uncommon and can sometimes be sport specific. To be clear though the reason your dad was restricted won't be because he won it will be he cut into their overround.
Remember that if the book paid out your dad's bet because he took a winning selection they kept many other peoples money who selected a losing player.
The way a book makes money is by having an "overround" of about 105% so the book pays out 100% and keeps 5% as profit.
Overround Explained | What is Bookmaker Margin? | Timeform
Overround explained - what is bookmaker margin? We take a look.
Yes, odds are constantly updated-essentially the more money that is bet on one outcome the shorter the odds on that outcome will become, odds on other outcomes attracting less money will lengthen and pay more.