Author Topic: Bet 365 refuse to pay out on £1m gamble  (Read 246 times)

bennydorano

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Bet 365 refuse to pay out on £1m gamble
« on: Today at 10:54:07 AM »
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.

Minder

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Re: Bet 365 refuse to pay out on £1m gamble
« Reply #1 on: Today at 11:02:29 AM »
Where does a 19 year old get £25k to drop on horse racing bets ?
"When it's too tough for them, it's just right for us"

Denn Forever

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Re: Bet 365 refuse to pay out on £1m gamble
« Reply #2 on: Today at 11:12:14 AM »
Where does a 19 year old get £25k to drop on horse racing bets ?

Confirmation money?
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that says what he means and
means what he says...

Il Bomber Destro

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Re: Bet 365 refuse to pay out on £1m gamble
« Reply #3 on: Today at 11:20:27 AM »
Why did they accept the bet then?

bennydorano

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Re: Bet 365 refuse to pay out on £1m gamble
« Reply #4 on: Today at 11:24:32 AM »
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.

gallsman

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Re: Bet 365 refuse to pay out on £1m gamble
« Reply #5 on: Today at 02:32:36 PM »
Whatever about not paying out the winning bet, they'd want some serious legal backup for not paying back her stake.
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T Fearon

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Re: Bet 365 refuse to pay out on £1m gamble
« Reply #6 on: Today at 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?

Milltown Row2

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Re: Bet 365 refuse to pay out on £1m gamble
« Reply #7 on: Today at 03:49:18 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
Anything I post is not the view of the County Board!! Nobody died in the making of this post ;-)

TabClear

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Re: Bet 365 refuse to pay out on £1m gamble
« Reply #8 on: Today at 03:55:28 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

bennydorano

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Re: Bet 365 refuse to pay out on £1m gamble
« Reply #9 on: Today at 03:57:43 PM »
Yeah it is the case, never did hear why.