Betting websites

[checkraiseulite]

$300m seems like overs

 

[PHX]

Crownbet won the auction for William Hill.

Crownbet as in the Stars Group? Has that transaction settled yet?

Does it include Centrebet?

A lot of shuffling of the decks going on.

 

[FallingLiefs]

Crownbet as in the Stars Group? Has that transaction settled yet?

Does it include Centrebet?

A lot of shuffling of the decks going on.

Crown bet as in 62% funded by stars. Yes that’s basically done. Also front runners for WATab if/when that goes under the hammer

 

[Lensen]

Pinny gone. Very sad

 

[Jugada]

Knew it was coming but still blows

 

[Mr Cashie]

More like the Australian government blows. Our freedoms and rights gone right out the window with that. This country’s dumb rules and regulations is why I don’t contribute my vote and never will.

 

[Jugada]

Obviously. Not Pinnacles fault for following our nanny state laws

 

[Sabbathen]

Obviously. Not Pinnacles fault for following our nanny state laws

No, but Pinnacle have handled it pretty poorly. Absolutely no heads up to their clients this was going to happen over night. They also won’t let you withdraw your entire balance, only whole dollar amounts. Yeah I’m talking about a few cents but it’s the principal.

 

[checkraiseulite]

it is ridiculous.

disappointing the bookies appear to have little interest in effective lobbying.

crazy you can be having $5 slaps at 3am on a Tuesday night in a suburban pub but can't place an online bet at half time in a football match.

 

[NERDY]

Literally just came home from the long weekend away to the email, very frustrating to lose Pinnacle. It was literally all I used since I joined. Actually a sad day.

Anyone have any recommendations for what to use instead?

 

[IKnowtheDog]

unfortunately gambling is an activity which has a negative stigma attached to it and it hasn't been helped by politicians to peddling the misconception and misinformation. Bookmakers haven't helped themselves either with some of the markets they put up (seriously odds and evens on total points scored) and offers which have limited chance of succeeding.

 

[X_box_X]

haven't helped themselves either with some of the markets they put up (seriously odds and evens on total points scored) and offers which have limited chance of succeeding.

How is that any different to betting on odd or even at a Casino, or black or red, or pressing a button on a slot machine but making it super appealing by having colourful images and the bells and whistles that come with a slot machine?

Why is it OK for the government to legislate and allow for poker machines, but when it comes to being able to gamble your money on things that allow smart punters to look for angels to increase their chances of winning long term, the government either turns a blind, looks at misleading statistics, or forms an uneducated view (perhaps all of the above) about how much gambling with bookmakers is costing the average Australian.

The facts are quite simple. More Australians lose money to playing poker machines than betting on sport and racing. One of those options is proven to be a guaranteed long term loser, while the other is only a problem for mug punters (granted, this make sup about 99% of the population, which is sadly all the statistics the government needs to form their decision on).

Still 1% is a much better result than 0%, so why shut down off shore bookmakers, but continue to allow pubs, clubs and hotels to have a licence to operate gaming machines?

 

[XXRL]

Still 1% is a much better result than 0%, so why shut down off shore bookmakers, but continue to allow pubs, clubs and hotels to have a licence to operate gaming machines?

Tax revenue. And donations to political parties.

Completely agree that it's totally ****ed. Poker machines are evil, but governments want to look like they're doing something about gambling, so they attack sports betting instead (partly because the advertising makes it so visible), and ignore pokies, which everyone knows is the real problem!

 

[NERDY]

Has anyone tried withdrawing their funds from Pinnacle? It won't let me withdraw to my Commbank account (or ING apparently).

The response by email, after three times asking why, was "we are experiencing issues with this bank at this time and therefore better to use another bank."

 

[mcfly7]

Received the email but pinny are still accepting my bets

 

[Jugada]

Its not a crackdown on sports betting, its a crackdown on overseas operators where the government sees no money from bets placed

 

[X_box_X]

Its not a crackdown on sports betting, its a crackdown on overseas operators where the government sees no money from bets placed

I can understand that if I am looking at this from a neutral perspective. It's a selfish view, but they're doing it to protect a larger percentage of Australian residents.

Your point doesn't have validity when considering we aren't allowed to bet live online with an Australian bookmaker. The Government would be receiving a lot more tax if they allowed this.

Bookmakers should be lobbying more to allow Australians to place live online bets. The result of this would be beneficial to both bookmakers and the government.

An issue I have heard raised in the past is more people enjoy having a drink while watching a sporting event, so the Government is concerned that those betting live online will be drunk and not know what they're doing. Silly view, IMO. It's no different to someone having 15 schooners at a TAB outlet placing bets on every single race from eight race meetings in an evening.

It's only positive from a bookmaker's perspective. Not only will this allow them to increase their revenue, but it will reduce wagers they have to pay their staff. How many operators currently work for Bookmakers who are primarily employed to answer phones to take online bets? In terms of revenue, would it be fair to say that more than 50% of the volume of money invested in sporting events worldwide would be from betting while an event is in play?

What would it take for the Government to overturn their decision of not allowing live bets to be placed online? Is there anything we can do legally as civilians?

 

[Hamingja]

The bigger % of the market share that Crown own, the more likely in play betting will get up. The people behind crown are the right people to lobby the government for change.

Edit: maybe not, I see Packer sold his share last week.

 

[Spads]

Has anyone tried withdrawing their funds from Pinnacle? It won't let me withdraw to my Commbank account (or ING apparently).

The response by email, after three times asking why, was "we are experiencing issues with this bank at this time and therefore better to use another bank."

Got the same. The only other option is entropy. So we set up entropay accounts?

 

[Jugada]

I can understand that if I am looking at this from a neutral perspective. It's a selfish view, but they're doing it to protect a larger percentage of Australian residents.

Your point doesn't have validity when considering we aren't allowed to bet live online with an Australian bookmaker. The Government would be receiving a lot more tax if they allowed this.

Bookmakers should be lobbying more to allow Australians to place live online bets. The result of this would be beneficial to both bookmakers and the government.

An issue I have heard raised in the past is more people enjoy having a drink while watching a sporting event, so the Government is concerned that those betting live online will be drunk and not know what they're doing. Silly view, IMO. It's no different to someone having 15 schooners at a TAB outlet placing bets on every single race from eight race meetings in an evening.

It's only positive from a bookmaker's perspective. Not only will this allow them to increase their revenue, but it will reduce wagers they have to pay their staff. How many operators currently work for Bookmakers who are primarily employed to answer phones to take online bets? In terms of revenue, would it be fair to say that more than 50% of the volume of money invested in sporting events worldwide would be from betting while an event is in play?

What would it take for the Government to overturn their decision of not allowing live bets to be placed online? Is there anything we can do legally as civilians?

This law has zero to do with live online betting. Its a totally different issue

The anti online gambling law is outdated in the same way the online poker law is and clearly it makes no sense given we can bet live online on horse racing. But its just an issue pollies either dont care about or dont want to stick their neck out for

 

[NERDY]

I can understand that if I am looking at this from a neutral perspective. It's a selfish view, but they're doing it to protect a larger percentage of Australian residents.

Your point doesn't have validity when considering we aren't allowed to bet live online with an Australian bookmaker. The Government would be receiving a lot more tax if they allowed this.

Bookmakers should be lobbying more to allow Australians to place live online bets. The result of this would be beneficial to both bookmakers and the government.

An issue I have heard raised in the past is more people enjoy having a drink while watching a sporting event, so the Government is concerned that those betting live online will be drunk and not know what they're doing. Silly view, IMO. It's no different to someone having 15 schooners at a TAB outlet placing bets on every single race from eight race meetings in an evening.

It's only positive from a bookmaker's perspective. Not only will this allow them to increase their revenue, but it will reduce wagers they have to pay their staff. How many operators currently work for Bookmakers who are primarily employed to answer phones to take online bets? In terms of revenue, would it be fair to say that more than 50% of the volume of money invested in sporting events worldwide would be from betting while an event is in play?

What would it take for the Government to overturn their decision of not allowing live bets to be placed online? Is there anything we can do legally as civilians?

In my opinion, it is the opposite. The Government doesn't want in-play betting to become the dominant form of gambling as sports gambling is the least profitable form. Most young people (18-25/30) nowadays would prefer to watch and bet live sports and if that was to continue into the future, the losses from pokie machines at some point would start to stagnate. Not to mention the profits from pubs with TAB facilities and TAB's themselves would take a hit.

The Australian Federal Police actually couldn't do anything about William Hill, bet365 etc and their click-to-call in-play feature, hence why after just over a year of data on the potential damage it could do, they amended the Gambling Act to properly ban it.

Even in the US, the Nevada casinos net win in 2017 was dominated by pokie machines (US $3.1 billion) and other casino games (US $3.06 billion) over sports betting (US $248.7 million).

From what I've read in Europe, along the lines of 70-80% of the money being bet is in-play, which is considered the purest form of gambling according to one former odds-maker (if I can ever dig up the article).

The bigger % of the market share that Crown own, the more likely in play betting will get up. The people behind crown are the right people to lobby the government for change.

Edit: maybe not, I see Packer sold his share last week.

CrownBet, along with TAB, were the only bookies to oppose legal live betting in Australia.

Got the same. The only other option is entropy. So we set up entropay accounts?

I was going to go into a Commbank branch tomorrow and see what they have to say before signing up with entropay. The fees are expensive (like $10 euros a pop).

 

[IKnowtheDog]

Makes sense for Crown & TAB to support a ban on live online betting. It doesn't make sense for TAB being tight and slow processing wagers

 

[somethingrandom]

Has anyone tried withdrawing their funds from Pinnacle? It won't let me withdraw to my Commbank account (or ING apparently).

The response by email, after three times asking why, was "we are experiencing issues with this bank at this time and therefore better to use another bank."

Got the same. The only other option is entropy. So we set up entropay accounts?

Enter CBA for bank instead of Commonwealth.

 

[Sabbathen]

NAB offer a free transaction account, no fees no set up cost(only one I know of). You could open one of those, verify it with Pinnacle and withdraw, then close the NAB account.

 

[NERDY]

I went into a Commbank branch today but had no luck, the guy told me to try Westpac as chances are they would work. Went into a branch and set up an account, withdrawal went through without any hassle.