http://www.telegraph.co.uk/news/2017/07/08/exclusive-teenager-takes-bet365-court-1m-won-horse-races/
Happened during the Summer but only coming to court this week. The crux of the matter being 365 says she was a front for a syndicate and in breach of 'no 3rd party' rules. It'll be interesting to see how this pans out, in a previous similar (Barney Curley)case the bookie had to pay out.
Where does a 19 year old get £25k to drop on horse racing bets ?
Quote from: Minder on December 16, 2017, 11:02:29 AM
Where does a 19 year old get £25k to drop on horse racing bets ?
Confirmation money?
Why did they accept the bet then?
She was definitely a front but they took the bet knowing the potential financial liabilities, what does it matter if it's one persons money or ten's. She's engaged the services of the QC who beat the bookie the last time, hope it's a similar result.
Whatever about not paying out the winning bet, they'd want some serious legal backup for not paying back her stake.
I was always under the impression that there was no legal obligation on bookmakers to pay out on any winning bet?
Quote from: T Fearon on December 16, 2017, 02:39:40 PM
I was always under the impression that there was no legal obligation on bookmakers to pay out on any winning bet?
Why?
So basically if you place a bet for your wife on the National and it wins, they won't pay out?
They'll end up spending plenty more in legal fees regardless of winning the case or not
Quote from: T Fearon on December 16, 2017, 02:39:40 PM
I was always under the impression that there was no legal obligation on bookmakers to pay out on any winning bet?
I think I heard that as well. Not sure if it's an urban myth. Irrespective of that, if Bet365 dont pay out it's a f**king disgrace. This publicity will hurt them
Yeah it is the case, never did hear why.
Gambling debts are not not recoverable in a court of law. They are a matter of honour. At least that was the way it used to be....unless some new law was passed in recent years that I must have missed!
The actual bet was 960 x £13 ew Lucky 15s costing £25,000.
Fairly standard bet for a 19 year old girl, lol.
Why did the syndicate appoint a 19 year old gjrl to place this bet?
http://www.gamblingcommission.gov.uk/for-the-public/Your-rights/Status-of-a-bet-as-a-contract.aspx
Status of a bet as a contract
When you place a bet with a licensed gambling business, you enter into a legally enforceable contract with that business.
The gambling business must make the terms and conditions of the bet available to you. You should make sure that you are familiar with the terms and conditions and that you understand what they might mean, especially in the event of any changed circumstances around the bet, before you decide whether to place the bet.
We also require gambling businesses to provide a means for you to complain about the bet. This helps us to keep betting fair.
Gambling businesses can refuse your bet
Just as you can decide whether or not you wish to place a bet, a gambling business is also free to decide who they accept bets from, and on what terms, in order to manage their business as they see fit.
Because a bet has to be a commercial arrangement between two willing parties, there is no statutory right to bet that means that a gambling business must accept your bet. Just like any other commercial business, a gambling business may sometimes withdraw offers or refuse bets in order to reduce risks to their business.
I could be wrong but I think Bet365 is licensed by the Gibralter government. So I don't know if online betting is subject to the same regulations as high street betting shops which are usually licensed by local authority.
Plus, betting legislation in UK and NI are different. In fact NI don't even have a gambling commission. It was set up but scrapped years ago. E.g., there is no Sunday opening etc whilst there is in the UK.
This will be an interesting case which may set legal precedent one way or another before it's over....if Bet365 don't settle out of court to avoid the negative publicity.
I wonder if Ashers moved into bookmaking would they accept bets on gay marriage being legalised in the North?
Change to law on gambling in Northern Ireland – What are the odds?
September 27, 2016
Advances in technology and changing social trends have seen certain forms of gambling increase in popularity as they have become more accessible to the general public. Gambling is a transferred matter for the purposes of the NI Act 1998 and is currently regulated in Northern Ireland by The Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985. This legislation has proved increasingly inflexible and overly restrictive in the face of developments in the gambling market. As a result, there have been calls to modernise the law and align regulation with that in place in the rest of the UK. Indeed, in 2011, a public consultation was undertaken to seek views on possible changes to the current gambling law. A total of 239 responses were received to the consultation including the views of 44 organisations with a general recognition that the law was overly restrictive and in need of modernisation.
In updating the law, it will be necessary to achieve a balance between easing current restrictions on the industry, thereby widening the scope of the market in Northern Ireland, but also minimise the potential negative consequences of gambling and ensure fairness in the industry. Proposed changes include the enactment of a new offence making it illegal for under 18's to use gambling machines as well as the requirement that a bookmaker's bet constitutes an enforceable contract as opposed to merely 'a gentleman's agreement'. Under the current law in NI, prize draws which do not depend on a 'substantial' degree of skill are prohibited unless they are free to enter. The replacement legislation may well seek to redefine the boundary between what constitutes legal activity generating revenue and what amounts to an illegal lottery by removing the requirement that the degree of skill exercised be substantial. This will allow players in Northern Ireland to compete in the same competitions as other UK residents.
At present, in the betting sector in Northern Ireland there are: approximately 330 licensed bookmaking offices; two horse racing tracks; two dog racing tracks and around 40 commercial bingo clubs. However, one of the largest entertainment companies in Europe, The Rank Group, have so far been unable to expand into Northern Ireland because of the tighter legal restrictions here compared to the rest of the UK. However the present blanket prohibition on casinos in Northern Ireland looks set to stay eliciting criticism that Belfast is the only major UK city without the choice as to whether such development may be licensed. Change to Northern Ireland's gambling legislation may not come as soon as many would hope, as any draft legislation will have to go through a lengthy process of scrutiny before it completes its passage through the assembly.
http://www.cfrlaw.co.uk/article/change-to-law-on-gambling-in-northern-ireland-what-are-the-odds/
Confirms what I thought Redcard. Thanks for the update.
Gambling is one of the issues that makes Northern Ireland different from England / Scotland / Wales despite the fact that that is seemingly important for the UK that NI is treated the same as the rest ::)
Quote from: T Fearon on December 16, 2017, 05:53:01 PM
Why did the syndicate appoint a 19 year old gjrl to place this bet?
What's that got to do with the price of fish? At 18 you're an adult.