One of the many means by which bookmakers make a profit is punter error. Following the law of small numbers is one of the most glaring of these errors, yet most bettors either don’t know what it means or don’t give it a second thought.
UK and Irish punters were left feeling frustrated after online betting site 188Bet.com suddenly announced its exit from the British gambling market. 188Bet has so far given no reason for the abrupt exit beyond it being “a commercial decision in a very competitive market.”
I’m sure that most of you have heard of the concept of the mug punter. That is the individual who places poorly-researched wagers at poor value odds. This type of bettor is a bookmaker’s dream and the sort of person who will never be restricted. However, it sometimes seems as if the bookies are playing…
As I improved my skill as a bettor, I came across an unexpected obstacle. You see, I naively believed that as long as you didn’t cheat and obeyed the rules, a bookmaker would be unable to prevent you from winning.
Not everyone is thrilled about the recent acquisition of Irish sports betting operator BetBright by 888 Holdings in a £15 million deal. Customers have expressed no small amount of outrage after learning the BetBright customer base and unsettled liabilities on wagers are not a part of the deal with 888.com.
Multiple media outlets have reported that unauthorized online gambling and other adult-oriented apps have been taking advantage of Apple’s Enterprise Certificate program to bypass App Store safeguards designed to prevent those types of apps from being distributed.
As part of its three-year plan to make gambling “safer and fairer”, the UK Gambling Commission has unveiled new rules slated to come into effect on 7 May 2019. Among them are new restrictions placed on betting operators governing customer identity verification.
The government of Alberta is interested in shelving its rather dubious trophy as one of the only two provinces in Canada without some form of online gambling. In an effort to change that, Alberta Gaming, Liquor & Cannabis (AGLC), is looking for technology partners to run an Alberta online gambling platform.
In a decision notice published on Thursday, the Swedish Gambling Authority announced it has awarded two more online gambling licenses in anticipation of the new gambling law taking effect on 1 January 2019.
Ladbrokes finds itself in hot water once again after allegedly letting a gambling addict spend hundreds of thousands of pounds’ worth of stolen money and then paying five of the gambler’s theft victims £975,000 in return for a promise not to tell regulators.