Always back the horse named self-interest, son. It'll be the only one trying
A punter has sent their concerns below about bookmakers operating multiple licenses to the NT regulator and to AUSTRAC. It will be interesting to see the reply they receive. ———————————————— Dear Minister Boothby and AUSTRAC Compliance Team, I am writing to formally request that you initiate an independent inquiry into the current wagering regulatory framework […]
By Steve Cannane of ABC Investigations, Mayeta Clark and Rory Callinan Aimee and Nick Mazza lost a quarter of a million dollars to online bookmakers without placing a single bet. Two years ago, the Mildura couple were approached by Anthony Del Vecchio, a financial adviser with Freedom Finance in Melbourne, who offered them an investment opportunity through high-interest term deposits. […]
2 April 2024 The Victorian Gambling and Casino Control Commission (VGCCC) has fined Victorian registered bookmaker MintBet $100,000 for repeated breaches of its Responsible Gambling Code of Conduct (Code) in relation to extended periods of gambling by a customer. The customer gambled through their online account with MintBet for 35-hours in a period of approximately […]
Do you remember we warned you a while back about the corporate bookie ZBet, and how they were supposed to have been not paying winning punters their dough? Well the bookie has gone now and the company has folded. ZBet and the other two names it’s known by, Zoo Entertainment and Razoo Ent. They are […]
Betmakers is a company that you would think would make money but it never does, this year recording yet another loss of $26.4 million to add to the $38.7 million it lost last year, and the $38.8 million it lost the year before that, and the $89.2 million the year before that, and the $17.5 […]
We discussed the head to head betting rules of different bookmakers in an earlier article, but the real big question is this. Is head to head betting on Victorian races actually legal? The types of bets that can be placed on Victorian races are prescribed in the Club Bookmakers License Rules and in the Standard […]
We’ve noticed a number of people posting on social media recently their complains about having placed a ‘winning’ Head to Head bet on a horse race and not being paid. In each case the horse they backed finished well back in the field but beat the horse that they had backed it to beat home. […]
One of the great problems with corporate bookmaker licensing around Australia is that the bookies are allowed by the regulators to apply their own unique scale of deductions in the cases of a late scratching/s. This is unnecessary and unfair to punters – there should be a single national scale of deductions that is mandatory […]
Some recent carry on by heavyweight corporate bookmaker Sportsbet are a reminder to punters that you can’t put blind trust in your bookie, and that you always need to know the rules of the market that you are betting into to. The travails of a reader of ours who we will call Percy Punter to […]
Take a look at these crazy wild market fluctuations for the Eureka on Neds. Have you ever seen anything like it in your life? Miki To Success $4.80 out to $34.00. It has now in the past ten minutes firmed back in to $5.50. Bay Of Biscay $3.90 out to $9.00. Now $4.20. Sea The […]
