The UK has one of the most competitive internet betting sectors in the world. This means that UK customers are spoilt for choice when it comes to opening an internet betting account.
The only factors that come into the reckoning when choosing an internet bookmaker are trust and security. Do you trust the particular operator to look after the funds you deposit, pay you out when you win, and will they still be in business for the near future (three years at the very least)? All other considerations are secondary.
At present the majority of internet betting brands, with the exception of Bet365, are not actually regulated in the UK by the Gambling Commission. Instead most firms are located offshore in jurisdictions like Gibraltar (e.g. Ladbrokes, William Hill, Betfair, Coral, Stan James), Alderney (Skybet), and the Isle of Man (Paddy Power). As such, if you have a complaint or dispute with your bookmaker it is to the regulators of these jurisdictions that you must complain.
It is also worth checking if your chosen betting firm is a member of the Independent Betting Adjudication Service (IBAS). IBAS acts as a mediation service between bookies and gamblers in the event of a dispute over a bet. It is an invaluable service.
The situation as regards regulation of internet betting is likely to change following the publication of a new gambling bill in the Queen’s Speech 2013. From late 2014 the new regulation will require all operators wishing to target UK customers to hold a licence issued by the UK Gambling Commission.
When choosing a bookmaker also bear in mind that they are not your friend. However amusing their Twitter feed or Facebook page, however generous they appear to be with their bonuses or cashback offers, do remember these are just marketing activities to induce you to place bets you didn’t really want to place and to give back your hard earned winnings.
Of course, you need to choose a bookmaker that offers the type of bets you usually place. If you make a number of each-way bets you might choose a website that offers slightly shorter odds but regularly offers an extra place for each-way betting purposes in the big races (not forgetting that this is still secondary to the most important consideration stated above).
Showing posts with label Paddy Power. Show all posts
Showing posts with label Paddy Power. Show all posts
08 July 2013
02 July 2013
The Un-dead Heat
Last month we drew attention to some of the tools and information available on the BHA's website www.britishhorseracing.com. One of the features we mentioned was the ability to review photo finishes and this tool came in very handy at the end of June.
The BHA has amended the result of a maiden stakes race at Kempton on 26 June 2013. The race was originally called a dead-heat by the judge between Extra Noble (Evens f) and Fire Fighting (16/1).
There was immediate disquiet among bettors about the result and BHA spokesman Robin Mounsey subsequently revealed that 'punter power' had resulted in the BHA requesting a high-resolution image of the finish in question.
"The British Horseracing Authority contacted the judge Mr David Smith and asked him to reconsider his original decision of a dead-heat for first place between Extra Noble and Fire Fighting in the £200 Free Bets At Betdaq Maiden Stakes at Kempton Park on 26th June 2013."
"After further consideration, within the time period laid down in Rule (B)62.2 of the Rules of Racing, Mr Smith agreed that the result was incorrect and that Extra Noble should be placed first and Fire Figthing second. The BHA confirmed the revised placings."
"When we heard there were concerns about the result we requested that [high-definition image] and got it. We looked at that."
It has subsequently transpired that Mr Smith has had his contract terminated by the BHA. A statement read:
"The British Horseracing Authority has established that Standard Operating Procedures were not followed, and has today informed Dave Smith that it has terminated its contract of services with him".
Following the amended result, Sky Bet, Stan James, Paddy Power and William Hill agreed to pay out on single bets on Extra Noble, who was declared the winner.
The BHA has amended the result of a maiden stakes race at Kempton on 26 June 2013. The race was originally called a dead-heat by the judge between Extra Noble (Evens f) and Fire Fighting (16/1).
There was immediate disquiet among bettors about the result and BHA spokesman Robin Mounsey subsequently revealed that 'punter power' had resulted in the BHA requesting a high-resolution image of the finish in question.
"The British Horseracing Authority contacted the judge Mr David Smith and asked him to reconsider his original decision of a dead-heat for first place between Extra Noble and Fire Fighting in the £200 Free Bets At Betdaq Maiden Stakes at Kempton Park on 26th June 2013."
"After further consideration, within the time period laid down in Rule (B)62.2 of the Rules of Racing, Mr Smith agreed that the result was incorrect and that Extra Noble should be placed first and Fire Figthing second. The BHA confirmed the revised placings."
"When we heard there were concerns about the result we requested that [high-definition image] and got it. We looked at that."
It has subsequently transpired that Mr Smith has had his contract terminated by the BHA. A statement read:
"The British Horseracing Authority has established that Standard Operating Procedures were not followed, and has today informed Dave Smith that it has terminated its contract of services with him".
Following the amended result, Sky Bet, Stan James, Paddy Power and William Hill agreed to pay out on single bets on Extra Noble, who was declared the winner.
17 June 2013
Racing Preview: Royal Ascot 2013
Royal Ascot 2013 begins with Animal Kingdom, winner of the 2011 Kentucky Derby and the 2013 Dubai World Cup, aiming for victory in the Group 1 Queen Anne Stakes.
Graham Motion’s 5-year-old is as short as even money for the contest, largely as a result of the lack of perceived serious competition amongst his rivals. Paddy Power is offering to pay money back on all losers if Animal Kingdom wins, so one way to play it would be to look for an each-way selection at bigger prices such as Elusive Kate (John Gosden) or Trade Storm (David Simcock). Under Paddy Power’s offer, if Animal Kingdom does win then the win part of the each-way bet will be refunded, whilst you would pick up the place bet winnings if the selection makes second or third place.
Shea Shea, trained by South African Mike De Kock, has travelled over for the King’s Stand Stakes after a successful spell at Meydan, Dubai earlier in the year. Kingsgate Native, Swiss Spirit, Reckless Abandon and Sole Power all contested the Temple Stakes at Haydock last month but the places could be reversed here.
Jim Bolger’s Dawn Approach is 6/4 favourite for the St James’s Palace Stakes as the colt goes back to a mile after his antics in the Epsom Derby last time. He had several of his rivals well behind him in the 2000 Guineas at Newmarket – including Glory Awaits and Toronado – and his nearest rival in the betting, Magician, reportedly had a minor setback last week.
Betting Offers
Betfair: Cash back specials on selection finishing second to Shea Shea in the King’s Stand Stakes
Paddy Power: Money back on all losers if Animal Kingdom wins the Queen Anne Stakes
Skybet: Paying four places on the King’s Stand Stakes and Windsor Castle Stakes
*terms and conditions apply to all offers
Graham Motion’s 5-year-old is as short as even money for the contest, largely as a result of the lack of perceived serious competition amongst his rivals. Paddy Power is offering to pay money back on all losers if Animal Kingdom wins, so one way to play it would be to look for an each-way selection at bigger prices such as Elusive Kate (John Gosden) or Trade Storm (David Simcock). Under Paddy Power’s offer, if Animal Kingdom does win then the win part of the each-way bet will be refunded, whilst you would pick up the place bet winnings if the selection makes second or third place.
Shea Shea, trained by South African Mike De Kock, has travelled over for the King’s Stand Stakes after a successful spell at Meydan, Dubai earlier in the year. Kingsgate Native, Swiss Spirit, Reckless Abandon and Sole Power all contested the Temple Stakes at Haydock last month but the places could be reversed here.
Jim Bolger’s Dawn Approach is 6/4 favourite for the St James’s Palace Stakes as the colt goes back to a mile after his antics in the Epsom Derby last time. He had several of his rivals well behind him in the 2000 Guineas at Newmarket – including Glory Awaits and Toronado – and his nearest rival in the betting, Magician, reportedly had a minor setback last week.
Betting Offers
Betfair: Cash back specials on selection finishing second to Shea Shea in the King’s Stand Stakes
Paddy Power: Money back on all losers if Animal Kingdom wins the Queen Anne Stakes
Skybet: Paying four places on the King’s Stand Stakes and Windsor Castle Stakes
*terms and conditions apply to all offers
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