Teenager sues bet365 for £1m
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 alaneagle1  Dunstable,Bedfordshire.England 09 Jul 17 11.45pm |
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Must have taken a while to type in the 960 £13 each way ‘Lucky 15’ bets online.!!
Palace 13th 2017/18. |
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Pierre  Purley 10 Jul 17 12.07am |
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Originally posted by Michaelawt85
As someone who likes a bet.. Bloody shysters Exactly do bet365 check all the stakes made to assertain whether they have been made by third parties or not? If they don't why should they keep the money of the losing stakeholders or pay the winning stakeholders they fail to investigate?
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| bubble wrap Carparks in South East London 10 Jul 17 9.39am |
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Originally posted by Michaelawt85
As someone who likes a bet.. Bloody shysters Was not a simple bet it was a proffessional gamble using syndicates money. 960 £13 ex lucky 15's outlay £24,960 on four races on the same day. It was a proffessional bet that could not lose as they covered every horse in the four races. Its very clever. In my mind once the bookie excepts the bet thats it they should pay up. The T&Cs cover everything and gives them a reason not to pay out for almost every scenario.Hope she wins her case.
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johnno42000  10 Jul 17 9.57am |
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Originally posted by bubble wrap
Was not a simple bet it was a proffessional gamble using syndicates money. 960 £13 ex lucky 15's outlay £24,960 on four races on the same day. It was a proffessional bet that could not lose as they covered every horse in the four races. Its very clever. In my mind once the bookie excepts the bet thats it they should pay up. The T&Cs cover everything and gives them a reason not to pay out for almost every scenario.Hope she wins her case. They didn't cover every horse in every race. There were 8 horses in the 7.20 Kempton, 10 in the 18.10 Bath, 11 in the 19.00 Naas and 16 in the 20.30 at Naas. Just cover all the possible 4folds would be over 14,000 bets. In the article it said they covered 12 horses in the 4 races. What is interesting is trying to work out why they picked these horses, there is no link as far as I can see. I hope this comes out in the case. Here are the results from that day. Can anyone work out the link?
'Lies to the masses as are like fly's to mollasses...they want more and more and more' |
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| wordup 10 Jul 17 10.36am |
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Originally posted by bubble wrap
Was not a simple bet it was a proffessional gamble using syndicates money. 960 £13 ex lucky 15's outlay £24,960 on four races on the same day. It was a proffessional bet that could not lose as they covered every horse in the four races. Its very clever. In my mind once the bookie excepts the bet thats it they should pay up. The T&Cs cover everything and gives them a reason not to pay out for almost every scenario.Hope she wins her case. That's not really how betting odds work though. Due to the overound, there is no special combination of horses you can bet on to ensure a win.
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| wordup 10 Jul 17 10.39am |
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Originally posted by johnno42000
They didn't cover every horse in every race. There were 8 horses in the 7.20 Kempton, 10 in the 18.10 Bath, 11 in the 19.00 Naas and 16 in the 20.30 at Naas. Just cover all the possible 4folds would be over 14,000 bets. In the article it said they covered 12 horses in the 4 races. What is interesting is trying to work out why they picked these horses, there is no link as far as I can see. I hope this comes out in the case. Here are the results from that day. Can anyone work out the link? Yes, I would have more sympathy for bet365 if the implication was that this group somehow cheated, knowing that some of the horses would under perform, hence betting on combinations of the others. Syndicates and individuals bet on elaborate or unusual combinations all of the time though and so the bets may very well have been based on knowledge, skill or luck rather than anything untoward.
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| jamiemartin721 Reading 10 Jul 17 10.47am |
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Originally posted by Pierre
Exactly do bet365 check all the stakes made to assertain whether they have been made by third parties or not? If they don't why should they keep the money of the losing stakeholders or pay the winning stakeholders they fail to investigate? Oh I bet they're very happy to take anyones money when they're losing, but not when it comes to paying out. Bookies are like Insurance agents, happy to take the money but bitter losers. So the 'syndicate' covered the bets to ensure they couldn't lose. That to me, sounds more like a failure of the bookies themselves to properly calculate probabilities and outcomes. I mean its not like Bookies do exactly the same kind of thing with odds, to ensure their own financial security.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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 Scucca Ely 10 Jul 17 11.06am |
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Typical big business bookies way of screwing clients. Would think that if they have accepted the bet that they must honour it. I wouldn't be surprised if the 'small print' was found to be illegal as it discriminates against people who are unable to place a bet themselves due to disability, illness etc.
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| johnno42000 10 Jul 17 11.12am |
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Originally posted by jamiemartin721
Oh I bet they're very happy to take anyones money when they're losing, but not when it comes to paying out. Bookies are like Insurance agents, happy to take the money but bitter losers. So the 'syndicate' covered the bets to ensure they couldn't lose. That to me, sounds more like a failure of the bookies themselves to properly calculate probabilities and outcomes. I mean its not like Bookies do exactly the same kind of thing with odds, to ensure their own financial security. They didn't cover every possible horse in each race. They covered a total of 12 out of a possible 45 that ran.
'Lies to the masses as are like fly's to mollasses...they want more and more and more' |
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| johnno42000 10 Jul 17 11.16am |
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Originally posted by Scucca
Typical big business bookies way of screwing clients. Would think that if they have accepted the bet that they must honour it. I wouldn't be surprised if the 'small print' was found to be illegal as it discriminates against people who are unable to place a bet themselves due to disability, illness etc. Unfortunately the accepting a bet and therefore honouring it has never been the bookies way. Normally they say if there is a palpable error then they can refuse to pay out (normally if the odds given were not the ones that should have been given). This case is far worse though as the rules may have been so small as to not have been noticeable. It should be an interesting case.
'Lies to the masses as are like fly's to mollasses...they want more and more and more' |
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palace_in_frogland  In a broken dream 10 Jul 17 11.33am |
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Originally posted by johnno42000
I've studied all the stats closely. The common link in all of those races is that all the runners had four legs and ate hay for breakfast. I'm off to put some bets on.
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| johnno42000 10 Jul 17 11.37am |
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Originally posted by palace_in_frogland
Originally posted by johnno42000
I've studied all the stats closely. The common link in all of those races is that all the runners had four legs and ate hay for breakfast. I'm off to put some bets on.
Edited by johnno42000 (10 Jul 2017 11.38am)
'Lies to the masses as are like fly's to mollasses...they want more and more and more' |
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Good luck but best get down there many hours before the races so you can read all the bookies rules and regulations (and make sure you haven't borrowed a fiver off a mate).
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