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Thread: Gambling and Football

      
  1. #26
    Nigel Clough
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    Default Re: Gambling and Football

    Quote Originally Posted by MASE View Post
    At my worst, I sat on my laptop watching an Egyptian premier league game, it was 84 mins old & the score was 0-0. The odds on no goal to be scored for the duration of the game were 1/8. Id had a shit day on the horses so piles a £1000 on, so Zamalek score & Im another grand in the hole. There cant be another goal, so I tip £2500 on at 1/10 to get my money back & scoop the £125 id chased initially, Al Alhy equalise.

    When I read it now it looks fucking ridiculous, chasing losses is what kills you.

    Don't go near it now & my health & bank balance are much the better for it.

    Personal choice though, i new exactly what i was doing, its a grand gesture, but you'll never stop folk trying to chase easy money.
    I agree, I think some people will always have a couple of quid on an accumulator for some fun, while others will be betting on all sorts.

    While I don’t think the majority who enjoy a punt every now and then should be punished for the excesses of a few (for example by banning gambling altogether), I do think they need to ne banned from advertising, because simply put they are glamourising it. All the token “bet safe” messages don’t change that.

    The range of markets to bet on nowadays is ridiculous too. Who the hell bets on both teams to score in the Belgian third division apart from a problem gambler who shouldn’t be betting at all? Your Egyptian football market a prime example.

    Similarly, how does betting on the number of corners add to my excitement of watching a game in the pub with my mates?

    They are addict’s markets and the bookies know that damn well. That’s why they can’t be trusted to self-police.


    Sent from my iPhone using Tapatalk


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  3. #27
    Massive Member
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    Default Re: Gambling and Football

    Quote Originally Posted by RealRed85 View Post
    I agree, I think some people will always have a couple of quid on an accumulator for some fun, while others will be betting on all sorts.

    While I don’t think the majority who enjoy a punt every now and then should be punished for the excesses of a few (for example by banning gambling altogether), I do think they need to ne banned from advertising, because simply put they are glamourising it. All the token “bet safe” messages don’t change that.

    The range of markets to bet on nowadays is ridiculous too. Who the hell bets on both teams to score in the Belgian third division apart from a problem gambler who shouldn’t be betting at all? Your Egyptian football market a prime example.

    Similarly, how does betting on the number of corners add to my excitement of watching a game in the pub with my mates?

    They are addict’s markets and the bookies know that damn well. That’s why they can’t be trusted to self-police.


    Sent from my iPhone using Tapatalk
    Yep, I have a mate who when it's an international break will chuck money on a big teams to score on an Albanian game, he's not even watching it. He's one that will always show everyone when he's won a grand without mentioning that he's lost 3 over the previous 7 days to get there. I always tell him "you haven't won a grand, you've lost 2"


  4. #28
    Viv Anderson
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    Default Re: Gambling and Football

    Quote Originally Posted by Carlos View Post
    Yep, I have a mate who when it's an international break will chuck money on a big teams to score on an Albanian game, he's not even watching it. He's one that will always show everyone when he's won a grand without mentioning that he's lost 3 over the previous 7 days to get there. I always tell him "you haven't won a grand, you've lost 2"
    It's the thrill of the win.

    There is something inside your brain that treats gambling like a drug. It's an adrenaline rush and that thrill of the 'win', no matter how small, is how the bookies trap you.

    They especially know with these machines where you stick a tenner in and spin reels, that you'll do spins at 40p, and win 20p back, then maybe 10p, then suddenly you'll get a £1 win, no wins in the next 3 spins.

    Your brain is telling you that you're winning, even when you spin 40p and win 20p, and you think you're going to get a big win coming up. It gives you encouragement.

    Suddenly you've lost the whole tenner and you stick in another tenner to give you the same thrill. Then you're £50 down. Only on 40p spins.

    It is absolute madness looking at it from the outside, but that gambling drug addiction is terrible once you're in the bubble.

    The online casinos are the ones that need to be regulated though. As others have said, it's when you don't see the money. Easily transferring it from your bank account to what looks like fun money on an internet game.

    If I'm parting with actual cash in my hand in a bookies, I would never have given away the amount I once did.


  5. #29
    Ian Storey-Moore
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    Default Re: Gambling and Football

    Quote Originally Posted by valspoodle View Post
    When I was in the Army and you were paid on pay parade with cash in hand (7/6d a day during basic training, but it went up later!), the accommodation and food were provided. So it was not unknown for some of the chaps to play three card brag in the NAAFI until their money ran out and then they patiently waited until next week's pay parade to do it all over again.

    I was taught a lesson which has served me well. After a few attempts, I realised, in the long run, you just cannot win.
    That hits a note. I also run up a bit of debt in the Army. Single lad out in Germany in the late 90s. It was when online casinos became a thing and cocky old me thought I had a full proof roulette system. I didn't of course. I won initially but then you hit a bad run. Chasing losses saw me a few grand in debt and almost cost me my job.

    That shook enough sense into me to not find myself near there again. I still bet on a regular basis, but am fully in control. No silly stakes involved and as I stick to matched betting, no real risk either.


  6. #30
    Ian Storey-Moore
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    Default Re: Gambling and Football

    I don’t even think the gambling industry needs to advertise, people will always gamble regardless of a shit advert on at half time.

    Once people get the taste of winning a bet people will keep going back irrespective of how much they lose, I was (some would say, still am) addicted to gambling so this is probably the first post I’ve made on here with some actual knowledge behind it.


  7. #31
    Bob McKinlay
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    Default Gambling and Football

    Quote Originally Posted by Haych View Post
    I don’t even think the gambling industry needs to advertise, people will always gamble regardless of a shit advert on at half time.

    Once people get the taste of winning a bet people will keep going back irrespective of how much they lose, I was (some would say, still am) addicted to gambling so this is probably the first post I’ve made on here with some actual knowledge behind it.
    The theory goes though, that a ban/considerable reduction on gambling advertising would reduce the number of new gamblers (this logic comes from the effective ban on tobacco advertising).

    Those existing hardcore gamblers, you’re absolutely right, banning advertising does nothing for them.

    But if the current overbearing advertising goes away, it is more likely to stop new gamblers, or at least reduce their number (again, the advertising-ban and health education campaigns around smoking reduced the number of smokers, as did banning smoking in pubs. I am not sure, unless you’re also going to ban high-street bookies as well, if this strategy will work).

    Last edited by Strummer; 10-02-21 at 14:28.
    „I believe in socialism because it seems more humanitarian, rather than every man for himself and 'I'm alright jack' and all those arsehole businessmen with all the loot. I made up my mind from viewing society from that angle. That's where I'm from and there's where I've made my decisions from. That's why I believe in socialism“

    „Don't forget you're alive. 'Cause sometimes when you walk around the city and you're in a bad mood, you can think, hey, wait a minute, we're alive! We don't know what the next second will bring and what a fantastic thing this is. This can get easily forgotten in the routine of life, and that's something I'm trying to bring to my attention at all times. Don't forget you're alive. We're not dead, you know. This is the greatest thing.”

    — Joe Strummer

  8. #32
    Ian Storey-Moore
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    Default Re: Gambling and Football

    Quote Originally Posted by Strummer View Post
    The theory goes though, that a ban/considerable reduction on gambling advertising would reduce the number of [I]new[/] gamblers (this logic comes from the effective ban on tobacco advertising).

    Those existing hardcore gamblers, you’re absolutely right, banning advertising does nothing for them.

    But if the current overbearing advertising goes away, it is more likely to stop new gamblers, or at least reduce their number (again, the advertising-ban and health education campaigns around smoking reduced the number of smokers, as did banning smoking in pubs. I am not sure, unless you’re also going to ban high-street bookies as well, if this strategy will work).
    Maybe I didn’t make it clear in my post but I would be behind banning advertisements and especially banning them from ruining football shirts with sponsorships.

    I just meant that irrespective of adverts people will gamble, where I live we have 5/6 (maybe more) bookies within a 5 minute walk and countless pubs, booze and gambling go hand in hand and this will never change.


  9. #33
    Senior doom Monger
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    Default Re: Gambling and Football

    I hope no one on here has been "stung" by the football Index farago.
    A bastard child of Stock Market changes and fictional player valuations run by finance experts far wiser than the subscribers to the fictional shares issed by the said finance experts, the business is a cash cow for those running it.
    The Athletic has a very good article about how subsribers have been ripped off in what the Athletic brands the Football Index as nothing more than a Ponzi scheme.
    Despite "we are financially in very good shape" statements", many subscribers have seen sudden and massive falls in their "investment" virtually overnight.
    Ahead of a publicised Q&A session with the main owner of FI, new "shares" in existing players were released, and share valuations for those players were hiked up.
    Following the Q&A during which it was disclosed that the current business model wasn't working right (for the owners of FI, obviously) the "share" prices of the players so recently hiked against new "share" issues were slasjed.
    The Athletic cites the case of Bruno Fernandes of Man U.
    A popular investment, new "shares" in the player and the price per share was hiked up to £7.23.
    Subscribers invested heavily.
    Following the more downbeat tone of the Q&A the price of "shares" in Fernandes were marked down to £1.
    I have put "shares" in the speech marks, because they really are not shares nor is the valuation in anyway supported by any financial insights or financial analysis.
    The Index is nothing more than smoke and mirrors, manipulated by clever chaps who are taking the proverbial candy from the proverbial babies.
    That Forest have the FI logo plastered everywhere may earn the Club some much needed income.
    However, it seems to me that the Club is complicit in the whole tissue of fantasy.
    Be warned: caveat emptor!!!


  10. #34
    Viv Anderson
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    Default Re: Gambling and Football

    I was once tempted to sign up to Football Index but luckily my instincts were right.


  11. #35
    Grenville Morris
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    Default Re: Gambling and Football

    If it was an actual "investment" option it would need to have passed FCA regulation, and given it needed new entrants to pay for the "dividends" then it almost certainly wouldn't have been granted an operating license, despite how shit the FCA can be.

    By positioning it as an investment platform but having the T+C's clear that it was a gambling website they've managed to get their ponzi scheme up and running and looking legitimate.

    Sorry, but I'm sure they planned all this from the very start. They would have known at some point some of their punters were going to lose thousands.

    If there was a time to consider restrictions on gambling within the sport industry, now's a good as time as any...

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