Bookmaker offers : Teenager takes bet365 to court over £1m

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Euler
Posts: 19758
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Sun Jul 09, 2017 6:54 pm

Money laundering kicks in at low amounts so it's amazing they would accept a bet of such liability without a large balance or consistent staking. Surely a red flag would have been triggered.

oscar123
Posts: 404
Joined: Fri Apr 24, 2009 10:18 am

Sun Jul 09, 2017 7:14 pm

That's what I was thinking, surely that bet was referred to traders.

The only thing I can think is if there was a glitch in the system where if she put on all the bets individually that they would sneak under the radar. As it would have been £390 for each individual lucky, maybe they knew that was the amount they could get through without referral to trading.

But even then, surely there were some sort of alerts after the first few were placed, some were bad e/w too which usually means limits are even tighter.

Be interesting to see what happens.

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Naffman
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Joined: Sun Aug 11, 2013 5:46 am

Sun Jul 09, 2017 7:24 pm

26K on 1 accumulator by a 19yo is far more staggering than B365 not paying out imo :lol:

Pros wouldn't even put that on one horse let alone a number of horses :lol:

oscar123
Posts: 404
Joined: Fri Apr 24, 2009 10:18 am

Sun Jul 09, 2017 7:25 pm

I'm not sure about the staking actually, it says in the report 960 lucky 13 e/w lucky fifteens, though I think that might means £26 total stake, not unit. So maybe that is how they slipped through as the unit state was much smaller.

Out of interest, do you have the graph for Mr.Right from the 830 Naas, 22/06/2016? That was the last leg. I see it went from 6/1 to 11/4 on course.

oscar123
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Sun Jul 09, 2017 7:27 pm

They were mostly bad e/w though. I'm sure they were going to get some kind of a return off that. They obviously hit the jackpot and got the lot.

It's more intriguing to know how they got the bet on!

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Euler
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Sun Jul 09, 2017 7:44 pm

I got barred for placing about 1500 bets in an odd combination, that I knew had a fair chance of winning. That was back in early 90's. So it may not be dodgy at all, just some decent math.

Samo154
Posts: 93
Joined: Mon Dec 14, 2015 11:44 am

Mon Jul 10, 2017 11:31 pm

Not sure she wins, 19 year old betting 26k they must have evidence of it being connected to someone else banned or criminal

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BetScalper
Posts: 1139
Joined: Sun Jul 02, 2017 10:47 pm

Tue Jul 11, 2017 8:54 am

The court will rule in the bookies favour. They nearly always do anyway. I know someone that won £2.8 million at a London Casino, they refused to pay him out, citing cheating. Court ruled in the Casino's favour.

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megarain
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Tue Jul 11, 2017 9:24 am

That case was v different.

I am a backer she gets paid, at evens (up to £100, for an interest).

https://www.amazon.co.uk/Law-Gamblers-L ... 1935396625 is quite a dry book, but, if u intend a career in the USA, robaby worth reading.

Cheating laws there, are v different, especially in card games.

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Tuco
Posts: 362
Joined: Wed Apr 15, 2009 1:43 pm

Tue Jul 11, 2017 11:21 am

If bet365 were concerned as to the source of the funds she must have deposited in her bet365 account, that was the time to ask questions. not after the bets she subsequently placed won - too late then. There is a risk when either placing or taking a bet - it is a contract that both parties must satisfy their part thereof depending on the result of the event in question.

If she loses in court, we could all borrow money from someone, documenting the entire transaction and if we lose claim our bet breached their terms and conditions, cite this case as a precident and request a refund. The law does not permit them to have it both ways!

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