The nanny state

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deleted user 05 Jul 19 8.02pm
Originally posted by Badger11 William Hill is the first of many to announce closures, the fixed odds betting crackdown is just the excuse they are looking for. Bookies in this country over expanded their high street operations especially in poorer areas. This happened before online gambling took off and the high street started closing down. The market growth is now online and across all demographics. As a punter who uses bookies the demographics there is older men who are dying off and not being replaced. This would have happened anyway but for the record I think the crackdown is a good idea those machines are addictive and destroy lives. I would go one step further and ban TV ads before the watershed and ban all bookies that are not registered in the UK and pay tax here. This may make me a hypocrite but I can live with that. I have a friend who is an addict and has been in gaol several times to pay for his habit. Bookies are a leech on society and I never feel sorry for them. A very good summing up. I was only the other week saying the same thing to a mate. Essentially they've scarified their ever diminishing offline business in exchange for their online. It's not much different from the bank branches closing really. There are likely nod and wink agreements to be hands off with the no limit online casino games, while the government looks good for taking action of fixed odds terminals.
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deleted user

05 Jul 19 8.02pm

Originally posted by Badger11

William Hill is the first of many to announce closures, the fixed odds betting crackdown is just the excuse they are looking for.

Bookies in this country over expanded their high street operations especially in poorer areas. This happened before online gambling took off and the high street started closing down.

The market growth is now online and across all demographics. As a punter who uses bookies the demographics there is older men who are dying off and not being replaced.

This would have happened anyway but for the record I think the crackdown is a good idea those machines are addictive and destroy lives. I would go one step further and ban TV ads before the watershed and ban all bookies that are not registered in the UK and pay tax here.

This may make me a hypocrite but I can live with that. I have a friend who is an addict and has been in gaol several times to pay for his habit. Bookies are a leech on society and I never feel sorry for them.

A very good summing up. I was only the other week saying the same thing to a mate. Essentially they've scarified their ever diminishing offline business in exchange for their online. It's not much different from the bank branches closing really. There are likely nod and wink agreements to be hands off with the no limit online casino games, while the government looks good for taking action of fixed odds terminals.

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cryrst The garden of England 05 Jul 19 8.50pm
Originally posted by dollardays A very good summing up. I was only the other week saying the same thing to a mate. Essentially they've scarified their ever diminishing offline business in exchange for their online. It's not much different from the bank branches closing really. There are likely nod and wink agreements to be hands off with the no limit online casino games, while the government looks good for taking action of fixed odds terminals. So the evidence in this lower stake not causing the closures is where? It's all guessing that it's an excuse. It may not be. If your income went down even 30% which is probably a low figure for WH how would your finances be looking. I get that they stash for a rainy day but to have a permanent drop in cashflow is hitting anyone or a very high % of us. Most people are probably 3 months wages from charing cross bridge.
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cryrst

The garden of England 05 Jul 19 8.50pm

Originally posted by dollardays

So the evidence in this lower stake not causing the closures is where?
It's all guessing that it's an excuse.
It may not be.
If your income went down even 30% which is probably a low figure for WH how would your finances be looking.
I get that they stash for a rainy day but to have a permanent drop in cashflow is hitting anyone or a very high % of us.
Most people are probably 3 months wages from charing cross bridge.

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deleted user 05 Jul 19 9.23pm
Originally posted by cryrst So the evidence in this lower stake not causing the closures is where? It's all guessing that it's an excuse. It may not be. If your income went down even 30% which is probably a low figure for WH how would your finances be looking. I get that they stash for a rainy day but to have a permanent drop in cashflow is hitting anyone or a very high % of us. Most people are probably 3 months wages from charing cross bridge. I'm not saying as such that lower income from fixed odds betting office machines isn't causing decreased revenue in the short term - some players will shift to online, others aren't online savvy. It amounts to an inevitable trade off though because much like the video rental market it's a business model that eventually will be almost exclusively online. You will notice that the recent clampdown didn't apply to online gambling. I expect they would fight might harder if there were betting limits on that, and for good reason. Sure people will stick go to bricks and mortar casinos as a night out, but I expect betting offices will die off almost completely over the next decade.
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deleted user

05 Jul 19 9.23pm

Originally posted by cryrst

I'm not saying as such that lower income from fixed odds betting office machines isn't causing decreased revenue in the short term - some players will shift to online, others aren't online savvy. It amounts to an inevitable trade off though because much like the video rental market it's a business model that eventually will be almost exclusively online. You will notice that the recent clampdown didn't apply to online gambling. I expect they would fight might harder if there were betting limits on that, and for good reason.

Sure people will stick go to bricks and mortar casinos as a night out, but I expect betting offices will die off almost completely over the next decade.

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cryrst The garden of England 06 Jul 19 6.22am
Originally posted by dollardays I'm not saying as such that lower income from fixed odds betting office machines isn't causing decreased revenue in the short term - some players will shift to online, others aren't online savvy. It amounts to an inevitable trade off though because much like the video rental market it's a business model that eventually will be almost exclusively online. You will notice that the recent clampdown didn't apply to online gambling. I expect they would fight might harder if there were betting limits on that, and for good reason. Sure people will stick go to bricks and mortar casinos as a night out, but I expect betting offices will die off almost completely over the next decade. I love your terms dd Betting office I havent heard in ages. I doubt shops will close that soon though as many people as you state aren't PC savvy. 30 years but in the mid term these people who dont bet on the FOB will learn about a 50qid e/w at kempton so still lose their money.
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cryrst

The garden of England 06 Jul 19 6.22am

Originally posted by dollardays

Sure people will stick go to bricks and mortar casinos as a night out, but I expect betting offices will die off almost completely over the next decade.

I love your terms dd
Betting office I havent heard in ages.
I doubt shops will close that soon though as many people as you state aren't PC savvy.
30 years but in the mid term these people who dont bet on the FOB will learn about a 50qid e/w at kempton so still lose their money.

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deleted user 07 Jul 19 6.11pm
Originally posted by cryrst I love your terms dd Betting office I havent heard in ages. I doubt shops will close that soon though as many people as you state aren't PC savvy. 30 years but in the mid term these people who dont bet on the FOB will learn about a 50qid e/w at kempton so still lose their money. Haha, yes with 'betting office' I made them sound a bit too classy there didn't I. Showing my age. You're right of course, that to those in the grip of gambling addiction, this won't change a thing. There will always be something to lose your money on and somewhere to do it. The fixed odds terminal crowd can just go into a nearby casino and do exactly what they did before.
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deleted user

07 Jul 19 6.11pm

Originally posted by cryrst

Haha, yes with 'betting office' I made them sound a bit too classy there didn't I. Showing my age.

You're right of course, that to those in the grip of gambling addiction, this won't change a thing. There will always be something to lose your money on and somewhere to do it. The fixed odds terminal crowd can just go into a nearby casino and do exactly what they did before.

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cryrst The garden of England 07 Jul 19 8.10pm
Originally posted by dollardays Haha, yes with 'betting office' I made them sound a bit too classy there didn't I. Showing my age. You're right of course, that to those in the grip of gambling addiction, this won't change a thing. There will always be something to lose your money on and somewhere to do it. The fixed odds terminal crowd can just go into a nearby casino and do exactly what they did before. So putting 4000 people on the dole for nothing.
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cryrst

The garden of England 07 Jul 19 8.10pm

Originally posted by dollardays

Haha, yes with 'betting office' I made them sound a bit too classy there didn't I. Showing my age.

So putting 4000 people on the dole for nothing.

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orpingtoneagle Orpington 07 Jul 19 9.48pm
Gambling is an addiction but 'having a flutter ,' is just like having a pint a socially acceptable addiction. But whilst lots of folks can gamble safely (or just about afford to lose,) FoB terminals at £50 were like say a fruit machine in a pub, compensated, that is they pay out at a fixed level. Betting £50 on a spin could lead to huge losses especially when compensating for all of the smaller stakes/payouts. But let's not kid ourselves Lower stakes means less profits from a business that over expanded in recent years.On most high streets every other shop is a bookies or a Starbucks.
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orpingtoneagle

Orpington 07 Jul 19 9.48pm

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Gambling is an addiction but 'having a flutter ,' is just like having a pint a socially acceptable addiction. But whilst lots of folks can gamble safely (or just about afford to lose,) FoB terminals at £50 were like say a fruit machine in a pub, compensated, that is they pay out at a fixed level. Betting £50 on a spin could lead to huge losses especially when compensating for all of the smaller stakes/payouts.

But let's not kid ourselves

Lower stakes means less profits from a business that over expanded in recent years.On most high streets every other shop is a bookies or a Starbucks.

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cryrst The garden of England 07 Jul 19 10.28pm
Originally posted by orpingtoneagle Gambling is an addiction but 'having a flutter ,' is just like having a pint a socially acceptable addiction. But whilst lots of folks can gamble safely (or just about afford to lose,) FoB terminals at £50 were like say a fruit machine in a pub, compensated, that is they pay out at a fixed level. Betting £50 on a spin could lead to huge losses especially when compensating for all of the smaller stakes/payouts. But let's not kid ourselves Lower stakes means less profits from a business that over expanded in recent years.On most high streets every other shop is a bookies or a Starbucks. Yes you can lose 50 in a spin. What stops you losing 50 in 25 spins. All it does is makes your dinner colder and your mrs hate you more.
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cryrst

The garden of England 07 Jul 19 10.28pm

Originally posted by orpingtoneagle

But let's not kid ourselves

Lower stakes means less profits from a business that over expanded in recent years.On most high streets every other shop is a bookies or a Starbucks.

Yes you can lose 50 in a spin.
What stops you losing 50 in 25 spins.
All it does is makes your dinner colder and your mrs hate you more.

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deleted user 07 Jul 19 11.45pm
Originally posted by cryrst So putting 4000 people on the dole for nothing. It's inevitable over the long term, but yes it's certainly not much fun for those losing their jobs. That's what this policy achieved though. The government were determined to be seen to be taking action and fixed odds terminals took the brunt.
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deleted user

07 Jul 19 11.45pm

Originally posted by cryrst

So putting 4000 people on the dole for nothing.

It's inevitable over the long term, but yes it's certainly not much fun for those losing their jobs. That's what this policy achieved though. The government were determined to be seen to be taking action and fixed odds terminals took the brunt.

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deleted user 07 Jul 19 11.48pm
Originally posted by cryrst Yes you can lose 50 in a spin. What stops you losing 50 in 25 spins. All it does is makes your dinner colder and your mrs hate you more. You're right that if you want to gamble your money away, there are a myriad of options. Fixed odds termimals were called the crack cocaine of gambling for a reason though. Compulsive gamblers like to bet more and more. They don't want to wait.
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deleted user

07 Jul 19 11.48pm

Originally posted by cryrst

Yes you can lose 50 in a spin.
What stops you losing 50 in 25 spins.
All it does is makes your dinner colder and your mrs hate you more.

You're right that if you want to gamble your money away, there are a myriad of options. Fixed odds termimals were called the crack cocaine of gambling for a reason though. Compulsive gamblers like to bet more and more. They don't want to wait.

Alert a moderator to this post

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