Betting and advertising

[TheArtfulDogger]

I'm not sure if it's just me, but I feel that advertising for betting (online and in shops) has normalised it far too much.

It used to be a few people betting in the bookies, a mass wave of hysterical betting around big events (the grand national, the Derby and so on) with football pools being the most normal thing.

But now it seems every advert break on the screen (small and big) contains an advert for bingo, bookies or online casinos.

Is this good for the nation and what sort of message does it send our young? "It's okay not to work as you can win big on x y z " yet at the same time it pushes some people further into poverty (thankfully they have limited the fixed odd betting machines in the bookies)

Each to their own and I like a line on the lottery, that's giving to charity as there is zero chance of winning, but is it maybe time that the adverts are removed to denormalise gambling ? Or is it win win for the government who take a cut of the profits from the companies behind the betting?

[uncleglen]

We all know who was responsible in their efforts to fleece the working classes etc for tax to fund their harebrained schemes

https://www.theguardian.com/commentisfree/2017/sep/29/gambling-addiction-labour-tom-watson-2005-levy

[TheArtfulDogger]

Interesting article ug

So labour deregulated the regulations in 2005 and it came into force under Gordon Brown in 2007

Maybe it's time to reverse the decision as the article talks about how many people are problem Gamblers in 2015 400,000 so you can bet 4 years on its going to be higher

Quite scary

Amended to include a link to this report https://www.gamblingcommission.gov.uk/PDF/survey-data/Gambling-participation-in-2018-behaviour-awareness-and-attitudes.pdf

[Dyavion]

Guys, is sport betting a good way to make a lot of money?

[Hemingway]

Except for occasional promotions, the odds are basically neutral on Expected Value, so hard to beat the bookies with their full time specialists setting odds.

You could in the past use promotions and free bets to make a reasonable guaranteed profit via matched betting but the bookies are wiser to thisnow.

If you have insider information on an event/horse etc you can make some money (unlikely you do)

it would be good going, even exceptional, to make a 5% profit so to make ?5k you're looking at betting ?100,000 over say a year

Exchanges give you a bit more potential but you need a lot of money in your account to make any decent money here and you're against many experts

If you are any good you'll likely get bet restrictions/limits

So all in all NO

[JohnL]

Dyavion Wrote:

-------------------------------------------------------

> Guys, is sport betting a good way to make a lot of

> money?

Never bet, but looking at rugby, many people online are right on how a ref will referee a game and not sure bookies pick up on it.

[Hemingway]

mmm, suspicious.

Makes me laugh, you're so obvious after affiliate fees, on this and many similar threads, putting links up to multiple sites loosely connected with the thread title often resurrected from years ago!

[TheArtfulDogger]

Dyavion Wrote:

-------------------------------------------------------

> Guys, is sport betting a good way to make a lot of

> money?

Betting is a mugs game, in the end the house / bookies or company running it will always win, never the punter in the long run.

Short answer to your question is NO

[Sue]

norahhanscom6be Wrote:

-------------------------------------------------------

If there's

> something that defines all men than that's

> fighting and betting. It's in our blood.

It doesn't define any of the men I've ever known.

Thank God.

[JohnL]

checking the Swansea City links on twitter during a game half the comments are linked to betting accumulators.

we always let the betters down :)

My advice - NEVER chase your losses (I don't bet now but this is how your money just goes if you do)

[Seabag]

Ray Wankstone needs a kick in the slats for selling out to a gambling company.

Shame on him.

Gambling is a dirty word now, it?s all about ?gaming? like you?re playing to have your money fleeced off of you.

[TheArtfulDogger]

Got to admit, despite my objection to online advertising, seeing the snow in Wales today, it was very tempting to put a few quid on a white Christmas (damnit just mentioned the "C" word)

[Daedius]

90%+ of gamblers will ultimately lose. It's largely not worth it.

[teddyboy23]

Wanna bet

[uncleglen]

It is possible if you study form and do quite well on the horses- my step-dad did that....did his milk round and was in front of the tv and on the phone in the afternoons...priceless.

[TheArtfulDogger]

uncleglen Wrote:

-------------------------------------------------------

> It is possible if you study form and do quite well

> on the horses- my step-dad did that....did his

> milk round and was in front of the tv and on the

> phone in the afternoons...priceless.

Did he have a horse drawn milk cart and get tips straight from his horses mouth 🤔😂