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General Chat

Monty's Pass said:
This may be a silly question but do you happen to know if the 125 loss is taken on a bookie by bookie basis or would this be a 125 loss across any and all online accounts?
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Bookies can only know your activity with them so yes theoretically you could have 10 accounts and use them all up to 125 per months and suffer no consequences, but who has 10 unrestricted accounts ?

Someone said earlier that if you bought the racing post every day it is more than the proposed 125 trigger point…
 
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Unexposed said:
Ballyburn a keen going sort, showed some pace there on decent ground. Think 2m on good to soft round Cheltenham would be ideal, Supreme looks the obvious candidate to me.

Tullyhill would prefer a bit more of a trip and a bit more cut according to Patrick, Ballymore I think.

On them both at 12s, will take my chance
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That's the way I'm swaying but as Monty Pass kindly reminded me, Redemption Day if ok could be a big player in the Supreme especially the way he pushed Vega at Punchestown.
 
Istabraq said:
Bookies can only know your activity with them so yes theoretically you could have 10 accounts and use them all up to 125 per months and suffer no consequences, but who has 10 unrestricted accounts ?

Someone said earlier that if you bought the racing post every day it is more than the proposed 125 trigger point…
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What if, like me, 90% of bets are placed in shop. How will I be affected??
 
Big money splashed around again at the Sales tonight with Gordon leading the way as usual.

The headline goes to what I think is a record (500k) for a mare, in the form of Qualimita. She obliterated a field last week and was expected to be top lot. I don’t like PTP mares for the MHN but she could be the one to break my rule. She’s also got a wonderful pedigree too from a bloodline I like to follow and has produced some very decent horses.

https://youtu.be/aVFsMVS2pKk
 
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Istabraq said:
Bookies can only know your activity with them so yes theoretically you could have 10 accounts and use them all up to 125 per months and suffer no consequences, but who has 10 unrestricted accounts ?

Someone said earlier that if you bought the racing post every day it is more than the proposed 125 trigger point…
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Thanks for the clarification Ista, I think my wife might soon have 10 unrestricted accounts... but in all seriousness sounds like it will become an absolute mission to get a bet on sooner or later and that comment about buying the Racing Post every day and exceeding the loss limit is laughable! The whole situation really beggars belief.
 
Ballyburn looks a relentless galloper ala galopin not a 2 miler to miler to me

He got outpaced for a few strides today then galloped them into the ground

His pedigree is also heavily stamina laden
 
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Istabraq said:
All ante post bets placed are effectively considered losers as the bet shows no return until settlement, so these restrictions will have a huge impact on the ante post industry, I’d suggest even the most conservative punters in here will be over the125 quid threshold, will have an enormous impact on the industry and on how we all approach Cheltenham sadly unless of course you are comfortable sharing your most private financial information with strangers…
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The 125 limit will be a check you won't even know about

I imagine they will check credit scores of everyone losing that much

It's the ?1000 loss a day or ?2000 90 days that'll be more invasive

That's how I read it anyway
 
FinalFurlong91 said:
The 125 limit will be a check you won't even know about

I imagine they will check credit scores of everyone losing that much

It's the ?1000 loss a day or ?2000 90 days that'll be more invasive

That's how I read it anyway
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Exactly, a simple credit search done in the background, and they'll also take into consideration antepost bets and seasonal/festival betting, especially older accounts with track records.
The first check will only be a concern for people with poor credit history, ccj's and bankrupts etc, and lets face it, a reasonable amount of these types shouldn't be betting anyhow.
Will be a pain for those that still have a ccj for not paying the poll tax though :highly_amused:
 
I was in a William hill shop last week think it was Friday, they played a video of affordability checks. There was around three people in at the time and I don't think anyone bothered with it
 
FinalFurlong91 said:
Ballyburn looks a relentless galloper ala galopin not a 2 miler to miler to me

He got outpaced for a few strides today then galloped them into the ground

His pedigree is also heavily stamina laden
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Flemensfirths don’t win Supremes.
 
FinalFurlong91 said:
The 125 limit will be a check you won't even know about

I imagine they will check credit scores of everyone losing that much

It's the ?1000 loss a day or ?2000 90 days that'll be more invasive

That's how I read it anyway
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Yes, correct.
No obvious impact but all remote searches are recorded and affect things like credit scores for those who are concerned with such things.
Anyone who subscribes to a a credit report now will see background checks from bookmakers on there, I think it’s identity checks mostly but they’re there for anyone to see.
But you’re right, the 2k in 90 days is a bigger operational issue…
 
Lobos said:
Pathetically flawed then. Ridiculous waste of time.
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Possibly but shops apply restrictions anyway even if these are set higher than any restricted online account, and of course there are fewer shops around these days.
The only unrestricted market is on course and this is already seeing an uplift in business which in some ways is good, doesn’t help us with our lifechanging multi’s though sadly….
 
Two big purchases at Punchestown last night:

- QUALIMITA sold to Mags O Toole for 500,000. On behalf of Robcour I think and heads to Cullentra.

- HISTRIONIC (Walk in the Park x Flemensbay) for 450,000. Tom Malone and heading to Paul Nicholls for existing client.
 
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Regarding affordability checks, I wonder how you will be treated if you don't deposit much, if anything. You just have a betting bank, accounts with money in them, and this is what you bet with.

All my bets would be a small percentage of the total bank. If I suffer a really poor losing run, I reduce my bet level, which retains as that strict percentage of my total bank. By contrast, I've been fortunate to have some amazing successful periods, and can then decide to either increase my stake or even take some of my winnings out.

Admittedly most of my betting is on the exchanges although I do have 2 betting accounts with traditional bookmakers.

Surely, you are only going to come under any affordability checks if you are regularly depositing?
 
RoadToCheltenham said:
Two big purchases at Punchestown last night:

- QUALIMITA sold to Mags O Toole for 500,000. On behalf of Robcour I think and heads to Cullentra.

- HISTRIONIC (Walk in the Park x Flemensbay) for 450,000. Tom Malone and heading to Paul Nicholls for existing client.
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One that was slightly under the radar was Bellas Bridge who went for 155k having won the same point as Honeysuckle a few years ago. I was interested because we went to see her at Shade Oak Stud when we were looking at stores last year. She was nice and we would have gone to the 3k that they thought she might fetch at the sales but the 10k hammer price was too rich for us. Not a bad profit for 9 months work!
 
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archie said:
One that was slightly under the radar was Bellas Bridge who went for 155k having won the same point as Honeysuckle a few years ago. I was interested because we went to see her at Shade Oak Stud when we were looking at stores last year. She was nice and we would have gone to the 3k that they thought she might fetch at the sales but the 10k hammer price was too rich for us. Not a bad profit for 9 months work!
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Yea the profit the P2P lads turn over in a space of 1-2 years is deadly.

Many of the new owners fail to see a sliver of the return on investment these boys get.
 
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