Is Gambling Over? We Need to Talk About The White Paper…
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- čas přidán 3. 05. 2023
- Here's my gambling white paper summary, including my thoughts on sports betting, affordability checks and how we got here. Let me know your thoughts on the gambling white paper review...
In many ways, the gambling white paper raises more questions than it answers. Affordability and single-customer view should not be carried out by bookmakers given their financial interests. - Sport
Keen to hear your voice on this one. What do you think about the white paper? Let us know below...
Well, I'm with you in that feels like Big Brother is telling us what I can and can't do with my money. Alcohol is the biggest killer in this country; it fills hospitals every weekend, graves everyday et al yet thankfully the boozers aren't asking to check my bank statement prior to a pint of Guinness. The whole thing seems outrageously intrusive. I might write to my local MP Chris Green but he's a tory and has probably got about a 6 month job expectancy! Thanks for the vid
what about betting on the black market? how will that work
This i happening here in brazil too
So, someone will still be able to spend any amount they wish in a bookie shop? So a gambling addict can still satisfy their addiction this way and visit the many many shops?….🤷♂️
As someone who works in the industry doing this kind of work, I agree it's shite
Shame they didn't look into making bookmakers actually take a bet
For people unfamiliar with U.K. betting- This is not a ‘rant’ - this is a solid view on a ridiculous tick box exercise where rights are abused
Thanks, I'm sure some will see it that way although it's not. I've just sat and watched this nightmare unfold for 2 years now. The bookies are terrible, but the activists are equally as terrible. The public are the ones getting stiffed for it all.
@@CaanBerryProTradercan someone some this uonfor me briefly ha
Bet abroad and starve hm goverment of funds till it implodes
lets ban alcohol it will never happen watch mps in parliament 80 pc have a lot to drink do you think they will ban it
absolutely. It would be great if the "betting community" would get organised and stop for a month or so, then wait and see how long it takes for legislation to change again.
That might actually work
@@Elliot-T alcoholics wouldn't stop drinking for a month, gamblers won't stop gambling
@@davyprendergast82 I gamble almost every day and have stopped for a month multiple times and could do so again easily. Unlike with alcohol there's no risk of a fatal seizure when stopping gambling.
@@Elliot-T I can easily take a break. Like you, I have done so many times.
This. Push it on all platforms. I have been .
Thanks for explaining the white paper in a simple and to the point way 👍 Please do some more tipster videos where their content is a poor second to the affiliate money they make.
UK every year you think its gonna get better but it does get worse, every year theres another thing , what an horrible country to live in, good luck to us all
Ok a hard check, £22.22 a day, over 3 months.
Working in a city your day could look like this
7am - train ticket £15
8am - coffee and a breakfast Muffin £8
10am - another coffee, and a snack say £6
1pm - lunch, out with people from work. A nice lunch say £30
3pm - grab another coffee and a snack £6
5pm - grab a drink and a snack for the train home £5
7pm - a pizza, dessert and a box of beer say another £30
So I’ll be allowed to spend £100 a day, on shite like this but not £20 odd a day on gambling. One rule for one addiction (coffee) a different rule from other choices, small fun gambling.
If the UKGC plan is to drive people to unregulated markets then they are on the right tracks.
I love his mix of politics, calling out the bookies and betting tips.
I have raised many of these points with my MP. Wasn't expecting an empathetic response and didn't get one although she did agree that bookmakers only asking for affordability checks on withdrawal and not before depositing was 'fundamentally wrong'. I also pointed out that an industry black market will be created with unlicensed unregulated bookmakers springing up and the obvious implications of that.
Blocking ppl b4 they can deposit is a new trend. Allowing rhem to sign up, collecting their data and telling them they are protecting them from harm and fraud. Which imo constitutes a criminal offence.
Good video and insight. Sounds like this could be an end to arbitrage and matched betting if people are going to have affordability checks on losses as you said. Especially when one arb or matched bet loses with one bookmaker and comes in with the other, which is inevitable.
It really is sad how we are becoming more and more controlled. It amazes me how you can get loans with crazy interest rates easier than having a bet. I agree this isn’t just about having a bet this is about people trying to dictate how we live and spend. I own and breed racehorses and as most are at a modest level you rely on pulling off the odd gamble each year. Without this I like many others who don’t spend millions will not be able to continue in the game. People in racing in particular have to find their voice soon or I fear for the future of the industry.
The problem being is that too little will be done too late. People will lose interest in Racing and stop going to meetings. The top people in racing need to get a grip and start fighting back. The casino machines are the main problem. Focus on them, not horse racing punters.
Good. Cruel sport that's needed to be drawn to a close for a long time.
Prohibition never went well in the 1920s 30s - Just pushes everything underground, Not that long ago most pubs had a bookie so you never paid 10% in tax!!
Thanks Caan, Ive read the entire paper from top to toe and was dismayed to read some of the following:
1. The report recognized that Bookies can and will restrict Folk who are successful winners regularly and understand that the bookies have to deal with these 'Liabilities' by restricting Stake amounts. (usually this would be denied by anybody officially so this is a first for official exposure).
2. That Bookmaker fines (worth millions) are seen as 'Cost of Business' and are factored in similar to typical business costs for genuine things like Rent and Wages.
Above being part of the infrastructure and nothing to deter bent handling of punters by these so called legitimate businesses. (This is outrageous - put jail time in for directors also and things would change on this i reckon).
3. One point to note is that if you lose over £125 in a month and its not over any deposits made, then the triggers wont come into play, it appears that only moneys deposited in are affected in this way.
Hearing people talk about things like affordability checks when they have no idea about how bookies exploit them is SO frustrating. It's understandable that people see gambling as a potential issue but if they're not willing to look at it objectively they just become a pawn in someone else's quest for personal gain. I would love to see you get onto one of these panels or have a conversation with some of these people just to see how they respond to something other than 100% affirmation.
One thing you need to understand about the flock public is… “first they came for the… and I did nothing”…
Some really good points in here in relation to gambling addiction being tackled significantly differently to say alcoholism. The FOBT limits I did like, accepting those prone to doing 100 quid in 12 seconds can still go online and do their dough just the same. Personally watching it unfold in an high street shop was heartbreaking at times. Affordability checks sound sensible but the implementation and calibration is not. Problem gambling is very real, always has been. A one size fits all rule won’t work and won’t help those vulnerable. I sympathise with those in the pro ranks like yourself, uncertain times for sure.
Those machines in the bookies were absolutely frightening. I witnessed it a few times. Horrible.
Crystal clear analysis Caan.
We are easy targets for people who want to virtue signal while profiting themselves.
This won’t solve problem gambling it will just make it worse for them. All this does is restrict genuine punters who can control what they spend. Sad times
I think you would be surprised at how many really can't control it.
Just came across your channel (I Subscribed). Great thinking process, I always enjoy intelligence on display. May I add, that everytime the government creates a law to protect us from ourselves, they create a problem that only God can protect us from. The latest government policy will fail is the surest bet there is, alas, it is not on the betting sheet. Looking forward, peace to you and yours.
Great video Caan. This would be an absolute disaster if done to the letter of the law. Is a way around it to use a foreign/offshore exchange and a VPN etc. It has become ridiculous the amount of ID needed to withdraw winnings, I opened many accounts at Cheltenham last year to get the free bets which totaled well over €1000. Got them and of course won because the value was in the free bets, when I opened the account no checks were made when lodging money, but as soon as I went to withdraw had to produce all sorts of ID nearly down to inside leg measurement. I have to admit was great satisfaction withdrawing the winnings from the free bets, and never using them again. Just went through to oddschecker list for free offers they must have hated that. Great vid keep up the good work.
Brilliant observations Caan.
Having landed a touch with a major Bookmaker, I withdrew 2 Grand.
It was followed by an email suggesting I spend the money wisely!
I’m 62, I don’t need any advice on what to do with my money.
The mistake nearly all gamblers make is hitting the same bookmaker or online bookmaker all the time for too much. I've been making my living from betting greyhounds for 7 years. Golden rules are never take more than £100 of any ONE bookmaker
And never use the same bookmaker twice in the same month.
It's peoples laziness and ĺack of common sense than lands trouble on their laps.
Haven't heard this coming in to Ireland yet. Sounds like absolute madness. People should start using cash options again and push back at the government.
I've heard murmurings from labour politicians about gambling it's coming to Ireland 🇮🇪 soon
This just smells like another step towards the globalist view of the brave new world "You will own nothing and be happy". Universal Credit implementation.
@@darrenobrien1546 good job Labour have next to zero voice in modern government
What it boils down to is hardly anyone goes in the bookies now to put on bets unless it's the older generation and maybe on the Grand National and Derby , the £2.00 limit in bookies shops killed it for most gamblers playing fruits and roulette, your never going to win any big money. If a person spends £500 plus in the bookies will the cashier ask for your bank statement or risk getting abuse, I rest my case
Caan, you're a really switched on guy. Not just gambling but the other things mentioned. This was a fantastic breakdown of the paper.
Agree!
best rant ever and bang on ..gambling is done ,signed up for unibet account during the week and they refused my deposit of 50 after a affordability review!! all they had was my name and address and phone and my debit card number ,have several accounts restricted/ closed for wining a few quid ,i... give up
What worries me is they're going to allow more slots in casinos and allow players to insert their debit card directly into the machine, which is going to lead to people losing unthinkable amounts.
Not sure why they only banned credit cards in gambling establishments. What about debit cards?
I haven't read the white paper myself and only know what's been circulating in the news and social media. I believe there will be a shift from betting through bookies to betting through exchanges. Some exchanges don't care what the bettor does and Smarkets actively promote matched betting with some of their tools. I believe the market will also adapt with products being offered like zero margin / losses by Matchbook to attract bettors through exchanges rather than bookies. There may also be exchanges placing bets through the bookies on the customer's behalf to hide the identity and potential intentions of the bettors but not so sure if this will transpire.
The same regulations apply to the exchanges chris
Exchanges are every bit as bad; Smarkets and Matchbook especially. Trust me.
Imagine the uk goverment banned everyone from buying more than one bottle of a beer a week because of all the alcoholics that struggle. This is effectively what they've done with gambling. It's a blanket ban brought on by a clueless goverment .
Very keen to hear viewers thoughts on the gambling white paper, please leave them below.
I think gambling is in many ways from my experiences in the last few months finished here in the UK. Also in terms of casino games and playing you can still get an edge over these rules and regulations but it’s not a quick fix process.
Well said and summarised! Maybe contact GB News who seem to be very impartial on all topics and have both sides of any story shown! We need a strong well spoken experienced voice to fight the corner of the everyday sports gambler
This is why Outplayed/Profit Accumulator have double their monthly fees then? One last money grab before it all goes pop. Fantastic video - it’s given me perspective on the matter as a whole rather than just from a victim/addiction perspective
All it'll do is encourage illegal gambling. In Ireland in the 80s bets were taxed at 20%, so bookies would have phone accounts with bigger players for cash tax free.
Gave up trying to keep Bookmaker Accounts open a few years ago. It’s impossible imho. Surely a solution is just to Deposit the money you can afford and then there are no checks. Use Exchanges exclusively now. It’s arguably not fair but the idea of keeping accounts open while taking the best price is sadly outdated. Bookies aren’t really that anymore and aren’t fit for purpose.
As I’ve said, it’s all completely unfair but it is what it is. Having a betting bank is sensible so hopefully this leads to more liquidity and some people not over-stretching in order to gamble recklessly.
I'm from Ireland 🇮🇪 and the Irish government have a hard on for gambling too we're next affordability all in the name it's absolutely about control of data and credit score
I think a system where you have a gambling wallet which is a 12 month pot, that you decide how much goes in, this is verified by bank assets percentage. You can withdraw as much as you like but no top ups.
I do really value your channel, you produce some excellent content, a real professional 👍
Watching from NZ and very interested in what happens in he UK. Will possibly come here soon too.
I watched a live blog a few years ago which included some old school Vegas guys (a bookie and a few pro punters) where they lament the days when the game was real. They all knew each other, were always in competition, but trusted each other (to a certain extent). The punters, win or lose, would get odds offered no matter their winnings, and the bookies job was to stay afloat. But now that's gone. The bookie retired and moved on, while the pros had to adapt big time. One moved to Thailand, probably for the muay thai market i guess🤔
Great video caan,I hope you can do a video about high street betting shops using biometrics facial recognition cameras in their shops.
Great video. Never when I was younger would I ever imagine the future would be like this. I have a question. Will cash return to racecourse and how will that influence exchanges. Thanks.
Seems like everyone wants to have victim complex these days - sick of absolute fannies who place a 10 muggy acca every weekend then seem to think they have a gambling addiction. The day they ask to see my unredacted bank statements is the day I stop altogether, and I’m sure I’m not the only one. People will look elsewhere to get their fix, be it unlicensed bookmakers or like you say, become crypto/stock bros.
For Victims read Grifters :)
The public are a walking victim contradiction. And the annoying thing about them is its all attention seeking, we live amongst psychos sadly. Theyll blub about life one minute… and then willingly sanction someone to screw them over the next. And justify it as doing their job…
coming from me a gambler in the past limits/restrictions/close accounts did not help me I just went to the next bookmaker(money becomes irrelevant its more the action of gambling) did worst things travelled further away to more bookmakers stayed out away from family e.t.c --------what is needed is a better support network for people who do have a problem an investment for rehab places e.t.c because for me to get sorted and stay at one was going to cost me 1000s of pounds depending how long I stayed I eventually just bet less and its became less of a problem and now recovered and am doing low risk trading and matched betting
just to give you a glimpse how things are " organized " in Germany
- 5% taxes on stake
- 1000€ deposit limit on ALL bookmakers combined per month.
- rarely any or no asian books allowed
- decreased offer of live bets
- no exchanges allowed anymore ( bf, smarkets, betdag, matchbook )
- potentially, they want you to declare that you are safe when gambling, e.g show your current payroll when employed.
The golden days of gambling are long gone ^^
Why were exchanges banned?
It might be time when the punter had a betting strike to scar the shite out of the gaming community. Pick a day when we, the punter, don’t place a bet, don’t go into a betting shop, a total withdrawal of our money. How would the industry react? A possible topic for conversation or something we all can do on one particular day?
Great video Caan. This won`t change the status quo IMHO. The house/bookie ALWAYS wins. MBing will continue to reduce in value.
A small local shopping centre near me has 2 slot machine venues with another one due to open soon where there used to be a betting shop. These seem to be springing up in a lot of less affluent areas. Strange that there seems to be more gambling establishments in poorer areas than there are in more affluent areas. It's probably because some people who are poor try to gamble there way out of poverty and are more likely to use those places than those who are more financially well off. It's the same with the National Lotteries and scratch off tickets. Unfortunately people get sucked into the mindset of "If I win big I can stop working and afford to buy a home." It's false hope. The government don't really seem to care as long as they can raise extra revenue from taxes. Gambling, alcohol and smoking are all addictive. If they weren't profitable for the government through taxes they would ban them altogether.
I'd been ignoring news on the white paper, because I knew it'd just piss me off
I love betting on the horses, been doing it for 30+ years, it’s a hobby to many of us, take that away from thousands of punters and you’ll find more of them with issues compared to problem gamblers. This has only arisen due to anti gambling campaigns, while there are very tragic stories brought on by gambling addiction there needs to be a different way to tackle it, pre limits on fobts I seen customers win hundreds, occasionally thousands, it’s that point between getting lucky then not getting lucky that needs highlighted.
It not just the UKGC that threatens horse racing the media seem to be focusing on getting it banned of late reporting every horse death.
Stock market punters just carry on regardless, its just the sleazy world of betting that needs to be sorted out
Love how much its annoying the bookies though! That's a massive positive after screwing over the public for years. Karma for restricting withdrawals and abusing checks to keep punters money
I've never had a problem withdrawing money from William Hill or Ladbrokes. I can't speak for the other companies like Bet365 or Paddypower.
Great channel Caan. Great video.
I hope this isn't going to stop people from being able to trade on the exchanges....
As you mention, and with our playing down the bad effects of gambling, there is simply no comparison with alcohol ill effects. Not much talk about alcohol, though.
We need to get tough with politicians and tell them to stop trying to control us. We don't want or need them constantly interfering with everything.
totally disagree, online gambling should be banned worldwide
Noah why should it be banned you numpty
@@noahplaneta3430 It is not compulsory. If you don't want to bet don't do it. You have no right to stop me doing it.
@@noahplaneta3430 I would ban you with a gun if I have to
@Peter Bergman if you don't want to bet don't do it....😂😂😂😂 ignorance is bliss.
Mate I am just getting involved this feels like a killer. I have geeks toy downloaded and learning along side your books. Hope this doesn’t mean it’s pointless me continuing….
Just do it mate.
The checks are pathetic. When i go bookies if i place a few £100 bets i got spoken to and a call comes through etc.. but im more than welcome to put 5k with no issues into a fob machine!!
Betting exchanges are already banned in The Netherlands. I think it happened approx. two years ago.
Great informative video 👍 Its a difficult line because i believe the underlying vision is to protect people, however like you say where does it stop
what do you mean? where are you atm?
How about our rights. Sick of protecting weak cowards
Oh like making us stay home, and get jabbed, or like our rights, rather than make informed decisions ourselves? We warned u all.
Great video - it's utterly ridiculous the way "compulsive gamblers" have been annointed a martyr-victim group - as if someone in the betting shop spikes their coffee with some evil drug which makes them helpless to resist the lure of the evens favourite at Chepstow. They are no more victims than a guy or gal who makes bad investments on the stock market - or in any other form of business for that matter. As usual the victim-mongering is a cover for more coercive control and surveillance from the state.
Do you think we should withdraw balances from bookies now while we still can and keep them low before they start asking to see statements to withdraw tiny amounts?
Withdrawing a 4 figure + amount can trigger alerts, so yes smaller and often is the way, try to keep net deposits low for monthly periods
Just off to vote in the local elections. Is there a Caan Berry box I can put my cross in?
It's getting out of hand now or has been for a while, in the long run it's gonna hurt them.
Like in the last video there's more than one way to skin a bookie.
Thanks Caan
So what about poker tournaments? Huge tournaments all the time in the UK sometime over 1000 players with a £1000 buy-in. Every single player will be checked first? Some will be refused?.....can't see it......
I work for a gaming company, and government doesn’t understand betting and gaming:
- under 25’s are at higher risk because they simply not taught anything before leaving school about gambling
- games aren’t separated, sportsbook and games like poker should be treated differently
- there are no regulations to stop gaming companies banning customers for exploiting offers and free bets. Gaming companies should support winners and losers
- they don’t consider the impact on sports that rely on gambling like horse racing
Do you think the £125 daily net loss limit will be per site? Or do you think the sites could collude and check what you deposits / net losses are on other sites? Ty
That's exactly what "single customer view" is mentioned in the video
@@CaanBerryProTrader i heard that yea, you said they can collude with each other for information, i just wanted to know if they could check with each other what you deposits / net losses have been, so I’m guessing they can then if thats what information means 👍 damn they shouldnt be allowed to do that!
@@CaanBerryProTrader what about winnings from deposits - ie , if you deposit £50 and then win £250, and then bet and lost £125 from the winnings on same day, will that count and trigger checks? Or is it just deposits?
After 40 plus years of betting on horses, it's with great regret that I've decided to pack it in at the end of the year or sooner depending on whether affordability checks come into play. Overall, I've lost lots of money on gambling but that's been my choice and I've managed to stay debt free. I love to bet big but hate being dictated to by bookmakers and governments. I'm a natural risk taker and love the thrill win or lose.
Bookmakers have been hit hard by the Gambling Commission etc which has had a terrible knock on effect in the form of 'Best Odds' withdrawal, restricted wagering, smaller odds etc which is making it almost impossible to win. Some of the stories regarding trying to withdraw decent wins from the bookies are deeply concerning.
I'm gutted that I'll no longer be able to go to Cheltenham, Ascot, Kempton, Newbury, Windsor etc but when the dust settles, it's those who depend on the industry who'll lose out. My sympathies go to them. Those in power should hang their heads in shame for systematically destroying the 'Sport of Kings'.
Its completely clear to me winning bettors have to cooperate with losers considering their high limits and overall acceptance by the bookmakers. Just hide as much the sharp action with their routinely bets, this way both will be profiting, even bookie will allow that cause they will still win, just far less
Excellent video. Well spoken
Thanks for making us aware of what is exactly going on. I had heard something about all this, but didn't know the specific details. I think for the mug punter who likes to put on a couple of quid acca, it will make no difference. For those who make a living from betting/trading sports, it's bad news. Looking ahead, I think this could make people return to betting in shop to get maybe try and get around these restrictions. I also think longer term if it's as bad as you fear it could be, people may try their hand at trading stocks/crypto as an alternative. Then they go down the same route with that. Ultimately, the future does not look good.
A couple of things to correct there - acca punters will definately still face it if they win a chunk, my inbox is flooded with cases like it. Its also already affecting recreational punters that spend a couple hundred quid here and there. I agree its bad news for anyone who has it as an income stream longer-term. It won't send people to betting shops as the same thing already happens there, on collection of your cash they want all your docs, had numerous cases about it. Also agree on stocks etc.
@@CaanBerryProTrader Hey Caan, thanks for the reply. I am sure the industry has changed a lot since I worked in shop for Ladcrooks over 5yrs ago, there were never any issues with people getting paid if they won (other than maybe having to wait a day or so for us to get the cash from the bank). I once paid someone £40k in cash, no checks, documentation etc required. If this is now the case that people are being required to show documentation just to get their big wins paid out, that's dreadful!
The more successful in shop gamblers would never register for an account. If you have people go from online, to in shop betting and refusing to register accounts, I cant see how they can keep tabs on how much you bet in a day. This would require the in shop staff to care - most don't in my experience. I knew of many shops from various bookmakers where the staff knew arbing was going on between the exchange and in shop, but don't care. They can identify handwriting patterns on slips, but you could change your style of handwriting, or get someone else to put the bet on for you to get around the CCTV monitoring. These tactics were common to get around those who are stake restricted. You could for example put multiple £100 bets on over the counter, while sticking bets on the SSBT's for the same market. Maybe these tactics would no longer work, i'm not sure.
I still find it incredible the National Lottery and it’s spins offs are not seen in the same light as casinos and bookies. It has the worst RTP of any game you can play.
@@davdas7930 Add to the the lottery all the sites popping up doing cars watches and just about anything else, these site don't fall under the UKGC but people are losing thousands entering this compertitions !
Also Caan, is this why you have recently started to use bet brokers, is this a possible way around having stakes limited?
If horse racing is decimated by this , what about the mental health if people in the industry losing there job's ? Everyone from pro traders and gamblers to the staff at the race courses and the businesses in the supply chains will be affected , will there be any support financially or emotionally for them ?
Bring back local gangsters running books
Peaky Blinders betting shop 😂
There won't be cash
I notice that bet365 gives the least trouble compared to the other bookies in England, is that right?
Unfortunately, it is becoming more and more difficult for us professional bettors to cope with bookmakers' vagaries..
I've been a pro bettor for over 7 years. You have to be SMART. And nobody will even know you are taking thousands off them. It's stupid greedy gamblers with no sense who can't stay under the radar
My two golden rules are never take more than £100 of any single highstreet bookmaker. And never use the same bookmaker twice in a month.
Do this and you can go years without anyone having any idea how good you are. Its the loud greedy ones who always have the spotlight on them. I had an idiot friend who kept hitting the same two local bookmakers in his area week in week out. He took over 7 grand off them. Sometimes placing more than £200 on say a 6/1 TRAP. He got banned soon.
Be smart. Or stay home...
Least trouble lol I survived only 6 weeks with bet365 before they restricted my acc
It’s so that the politicians can start third party companies who are then contracted by bookmakers to carry out the checks on their behalf..
You're quite right, these people will never stop. They earn a good living and if their target is reached they'll just look for another one to stay comfortably seated on the gravy train. Think H & S, BLM, Trans etc etc
totally agree this government never fails to amuse me. Maybe they tryna restrict the people gambling because they don't earn tax off us rather than when we buy cigarettes and alcohol?
Great work as usual Caan..
thanks Cann great explanation and bang on as per...
Now it’s similar to Germany 🇩🇪
A bad situation…
I work in the gambling industry. I back making gambling more difficult. But i hate government overreach as well, and you are right. Such controls will come in for everything, gambling is just the start. Once the CBDC's come in, you'll never be able to escape the plantation.
U back controlling free choice? Damn a serpent in the chat
So if you fail the affordability check what do you suspect the limit per month will be? Or will they not allow you to bet at all whatsoever?
Probably a limit of around £500 per month . But I wouldnt put it past them outright closing your account, amd with data sharing theyll send it around and itll be every single bookie/casino online… thus pushing everyone to unregulated sites.
This is something I do as part of my job, it massively varies, if they close or block you, it's to make you contact them, where they will ask about your finances and probably agree a new limit with you based on your answers, so make them believable
@@ProfitableSportsBetting The Tote closed my account until I gave bank statements , salary etc. I offered to reduce my deposit limit to only £10 a day. They still insist on an affordability check. It seems once they decide they will not reverse it.
100 a month
Not to mention the roulette on the telly at night, no limits and they hide behind the skirts of some dodgy juristictian
* jurisdiction
Now i know I ain't going to the UK lol... Too much power in the wrong hands.
Is it a case of once you lose £125 in a day they have 'soft checks'? Not taking into account if you are in profit with them.
Try £125 a month not a day if you don't pass affordabilty checks
Could using a Broker be a way around the affordability checks do you think Caan?
You are the best ...as usual!! Amazing video again
I know this is old now but like most things that get banned, it will drive a black market approach. Personally it thought it was crazy when my monthly deposit limit was dropped from 3k a month to £100 a month with no reason given and no appeal process, so I simply closed my account and moved to an online crypto casino, using a VPN to mask my country of origin. Now I'm free to bet as much and as often as I like
I done a £1 acca and won over 15k and they wanted to a affordable check 😂😂😂😂( which i got really lucky on ) but if i place a few quid on the lottery and win millions with no problems anyway i got paid out as i mentioned a lawyer known for winning cases against betting companies they paid out straight up
Get more on betting between friends !
What happens where you could play many multiple 55 to 250 poker tournaments in an evening. Most tournaments are close to min cash or nothing at all but the one final table a month can be responsible for your profit. Anyone who plays poker for a little more than a hobby knows for a very specific example, knows our results are gauged over thousands of hands not and evenings work.
Caan, this is worrying I have over 10K in my Betfair exchange account and I am in profit to the tune of about 2K for 2023, where do I stand this is the only hobby I have?
Also do you think emigrating to Malta would change anything? Or is it a UK citizens thing?
Vbet did these checks on registering, they wanted full bank statements and everything. I am with other companies with no issues at all. Every photo I sent they claimed was too blurry or not great quality one was a 10 MB picture file attached to the email no blurr nothing. I work in IT and Graphics design there was nothing wrong with any of the pictures I sent. They where trying their best to put me off registering. I still have the 50+ emails it took to register.
It's all about the Money honey. Make no mistake, this white paper is designed to increase casino/bookmaker profits. I'm certain of that.
Time to pack up and relocate - which country do you think has the best laws for professional sports traders while also supporting problem gamblers?
what are your thoughts on the "players panel"? I was emailed about them by Coral/Ladbrokes - it would be great for the majority of gamblers to have a voice
If they are suggesting it it will be shit
A certain provider out of the blue wanted a picture of a card and statements from an account I haven't used in 7 years to process a withdrawal the other day, after days of calling them pathetic, I sent them that black guy with the big ....... Through verification and told them keep the money and close my account, UK gambling is absolutely dead
Love your videos Caan. On this one I’m curious, do you think gambling should be in any way regulated? Or just simply left at over 18 and completely unrestricted otherwise?
Gambling is different to alcohol and the 2 need to be treated differently when it comes to legislation would be my view.
It's a good question, although a complex one because it's asking several things. The alcohol bit is interesting.To unpack it bit by bit...
I think there should be some regulatory checks to ensure the money is not stolen and that the person is completely happy with what they are doing at an enhanced level - for example £15,000+. I believe we should all be free to choose at the age of 18+ as an adult. People regularly engage in high stakes gambling all the time in many walks of life, we see it on Dragons Den all the time. Furthermore, how do we decide what is 'affordble' ? Most of society has a car on finance, a mortgage, credit cards and an iPhone/SkyTV subscription above enhanced checking limits. Gambling appears to be a soft target because of public perception - more on this in a second relative to alcohol.
One of the biggest problems here is that the betting companies are the ones left to do the checks. It's not applied consistently or fairly, there's a cleare conflict in interest. Even if it is; how does affordability help resolve gambling addiction? It just makes sure you can afford it.
Alcohol regulation has an extremely light touch in comparison. When you drink you're guaranteed to damage your body every time, with gambling you are not. The upside of drinking is feeling giddy, with gambling its financial benefit. Drinking and driving causes innocent deaths, gambling does not. A large portion of the population is alcohol dependant, even though in denial, gambling this is not true. There are 100x more drinking related deaths per year than there are gambling.
It just doesn't make much sense to me, why does drink get an easy ride? other than the fact it's ingrained into our culture, at every supermarket shop door, in the steak isle, with and isle of its own, on the TV, sponsoring football teams, amongst much of our language, used to celebrate, relax, socialise and also to mourn, get hyped up at a party or "drown your sorrows" alone. It appears to be the magical answer to almost everything... and far more addictive. Maybe I'm "boring" or "sober as a judge" ?
@@CaanBerryProTrader thanks for the response Caan, totally agree that most of us are probably drinking a bit more than we should! I suppose gambling has the ability to drain someone’s life savings very quickly in a way that alcohol doesn’t. If that person has children, they may end up destitute. Alcoholic parents can be so destructive too I might add. But if we could look specifically at gambling; aiming to put at least some safeguard in place doesn’t seem like a bad thing to me.
And making sure the person can afford to lose the money would seem like a very positive step no? Realistically these safety checks won’t hurt your average punter who likes to put a 10er on the football once in while, but it will really hurt the bookies who mercilessly drain someone’s entire finances without blinking.
More mug betters in the pool help bookies and successful gamblers. But less mug betters in the pool help society at large.
Just like with smoking, advertising for booze and gambling outlets should be banned. People still have the option to engage in it but no need to be exposing kids and everyone else to advertising of it I think.
Your content constantly lets the average person know just how the bookies are screwing us and what to avoid, so keep fighting the good fight.
"Most of us are drinking a bit more than we should" - no, in the UK 13 million people are estimated to be drinking too much damaging their health. 589,000 are estimated to be alcohol dependent. Alcohol might not drain their savings so fast (until their dependent anyway) although it is draining their life, causing cancer, killing them and leaving those children you mention with no parents.
Sure let's keep it separate though...
It appears you don't bet much yourself from what you have said there. Putting the companies in charge of checking doesn't mean the person doing their conkers gets checked. Here's an example - same month, William Hill accepted proof of savings that were 9 years old from an addict whilst checking a £20 deposit from someone that was winning. Putting the fox in charge of the hen-house does nothing except give them a license to abuse the power. Furthermore; that £20 example I give there was a very ordinary punter - so they are affected, its kinda the point of the video.
How do you define what they can afford? As I said there, much of society can't afford the things they have - boob jobs, new cars and iPhones at more than the affordability checking limit. It sounds like a nice idea for sure, but it's not realistic or reasonable.
"less mug betters in the pool help society at large" ...I don't buy this, you could say it about many things. Alcohol was the first thought.
You reinforced my point about alcohol being at every turn there, sure advertising brings attention but its the same with every high-margin ripoff company. Cazoo, American Express, Alcohol, insurance companies and Barclays sponsor the football, they're all rats exploiting people. Where do we draw the line?
When I watch TV with the Mrs the ads are one vice after another; it's why we have age limits on them - to stop kids using them.
At the end of the day, life carries risk, it's how we manage it - which requires some responsibility, if you have a problem or not. Peanilizing everyone else for a tiny minority doesn't make sense. I hate the way victims are some kind of fetish leveraged for power in the modern world. Maybe the next best grift to get in on would be parading drink drivers on TV as victims of the brewery... certainly kills a heap more of people.
@@CaanBerryProTrader I take your points on board Caan. I like to use the exchange from time to time, alas with no success. People like you who’ve made a living from beating the bookies and exchanges are an inspiration.
It’s hard to set affordability limits alright, maybe base it off peoples salary? But obviously things become invasive then and it’s not exactly ideal.
Keep up the great content either way 👍🏻
@@CaanBerryProTraderexcellent answer Caan.
Mark love your channel and agree with you. It's going to get harder for the general person keep up the great content.
Who is Mark
@@johnh1252 Mark Caan Berry
Well said, let’s all stop gambling because a small % can’t control themselves
your so right if you dont want to get killed on the roads then dont drive or walk on them
All about control and another stab in the back for the working classes.
Feels like it's over
Surely the farmer not gonna kill the cash cow!! Despite mad age we live in greed will be the last thing to die and that stands for bookmakers and government alike.