If you’re having to use backstreet bookies to get around income verification rules, you already have a problem or you can’t afford to gamble. You have to do it for a loan or a credit card, so why not gambling over a certain amount? Rules like this are put in place to protect the
Ok If I use matched betting, like thousands do, to make an income and do not have a job what do I do once affordability checks come in? I’d be snookered wouldn’t I because my turnover is massively restricted which makes it impossible to operate.
What If I use trading software to trade exchange sports markets to make my income and don’t have a traditional “job” and what do I do? I’m snookered again aren’t I because once one the the many trades made on a single market loses according to the proposed restrictions I won’t be allowed another one for a month.
What if I use software provided by the matched betting companies to exploit the mathematical loopholes in the bookmakers place terms on extra place and each way markets to make my income but don’t have a traditional job? I’m snookered again because the natural market variance which the likes of Carolyn Harris will never of heard of will ensure I will be not be able to operate.
What if I have a low to middle income job like thousands of others will one of the large bookmaking outfits who will be certain to commit to redundancies once their online turnover inevitably falls through the floor? I’m snookered aren’t I because there’s a global pandemic which has laid waste to the economy and the jobless totals are going through the roof. My family will undoubtably suffer and will be forced on to benefits. If I could I might look at matched betting as a simple way to make an income but hang on I haven’t got a job now and can’t prove my income.
What if I’m one of the many employed in the racing industry working in the small yards around the country or have one of the many small businesses that supply the industry and employ people? I’m snookered aren’t I because a reduction in bookmaker turnover means a reduction in levy and betting duty which means a reduction in prize money which then means a reduction in owners which then means that trainers pay staff off and don’t need to be supplied by the thousands of poor buggers who’s livelihoods go out of the window.
So when you are trying to protect the small minority of vulnerable punters (that already have self exclusion and deposit limits in place to try and keep them on the straight and narrow) have a think about the people that are about hit the buffers in all of the above ways.
For the many not the few eh? Bollckks.