Bookmaker Profits

The point is that public "no-judgement" gaming is against the law, unless of course you are the National Lottery.:rolleyes:

I agree that VR is not rigged but it is like a roulette wheel - no judgement whatsoever. If PP set up a roulette wheel in his offices, he would be quickly stopped. If he bet on televised roulette from Gibraltar, he would be stopped, I think.

How does he get away with Lucky Numbers (forget VR for a while)? Does anyone know how he dodges the law here? I suspect it's because it is one of those laws that needs a member of the public to object and nobody has bothered.
 
The point is that public "no-judgement" gaming is against the law, unless of course you are the National Lottery.:rolleyes:

I agree that VR is not rigged but it is like a roulette wheel - no judgement whatsoever. If PP set up a roulette wheel in his offices, he would be quickly stopped. If he bet on televised roulette from Gibraltar, he would be stopped, I think.

How does he get away with Lucky Numbers (forget VR for a while)? Does anyone know how he dodges the law here? I suspect it's because it is one of those laws that needs a member of the public to object and nobody has bothered.

Ok - I suspect that with virtual racing, all the horses have some 'form' coming into teh race and it is possible that the bookie might argue that there is indeed some skill involved as each horse clearly doesn't have an equal chance given that their odds vary.
That's only pure speculation on my part though.

As for lucky numbers I have no idea how this could in any way be considered skilled gaming.
 
Why should grown adults not be able to choose what they do with their own money?
See what happened to this poor misfortunate! In the 70's an Irishman went to America to make his fortune and come back to Ireland to buy a farm, settle down and have sprogs. He saved and saved, worked at two jobs and after 30 years had the most of a million. Never drank, smoked or, er, you know what I mean. Anyway, he decided to treat himself to one bit of luxury - and sail home in style. Got all his dosh in readies and dollar drafts. Boarded, got settled in and repaired to the lounge where he was offered champagne. He downed a few glasses and liked the feeling. He had never felt as good. Soon he made his way to the casino where he decided to try Lady Luck on the wheel. He took to it like a duck to water and after the first two days he was up over $15,000. He really had the bit between his teeth and got a phenomenal buzz each time the ball began to slow. Unfortunately, before he reached Ireland, Lady Luck had long deserted him and, chasing his money, finished skint. Feeling extremely low ...... 30 years of deadly hard slog down the drain ..... how would he face them at home ....... eyes cast downward as he walked the pavement. Suddenly he sees a E50 note. He picks it up and looking heavenward sees a sign for a fortune teller. "Madam Zsa-Zsa sees all". He goes in and she informs him that today is his lucky day ....... 7 being his lucky number. He paid her the E20 and walked into the next betting shop that he saw. Looking through the runners and riders he sees 'Seventh Son' running in race 1. True to form he puts the E30 on it and it obliges at 66/1. Next race there is a Seventh Heaven going ........ so after leaving briefly to get a breakfast roll, he's back in time to put the lot on this one. It also coms in at 14/1. Next race 7th Avenue ......... tears home at 10/1. His head is spinning ....... last race ....... nothing with 7 in it except the horse number. Obvious isn't it. He puts the lot on No 7. It too scoots home at 2/1. He collects cash to the tune of 10k or more and a bookmakers cheque for E1,000,000 plus.
He staggers into the daylight and boks into Cork's finest hotel. A quick word (and E50) to the doorman sees his luggage upstairs where he requests the company of a nubile Eastern princess complete with bindi. Shortly after, the porter arrives with the champagne and soon he was joined by this sultry princess of Eastern promise. A few scoops later and things were heading for the four poster. After hours of horizontal jogging she falls asleep in his arms. Looking ast her placid features, he rubs her bindi and finds that it is loose. He lifts it off and underneath is printed You have won a car.:D
 
Are these the same numbers as drawn by the National Lottery?
No but that is an interesting point. I have watched this development over the years. It started with the National Lottery. Bookies were hopping mad. Then PP started to bet on the NL. He got away with it. Problem was only a few times a week, using both UK and Irish versions. Short step to Lucky Numbers, runs all day every day.

I think I see the legal loophole. The law probably states that you can't operate pure luck public gaming. PP's lawyers were probably poised to argue that they weren't operating the NL, simply betting on it. I presume that LN is run by a company independent of PP.

But this is a farce, as is the practice of silly tie-breakers. Change the law either to be perfectly liberal in this area or, my preference, properly ban pure luck public gaming.

Alphabet I never really looked into the VR thing too deeply. But I suspect there is no "form". The computer "choses the horses" at random. Yes different odds, that's easy. The computer "knows" the odds, which are deterministic and non judgemental. Hence this is simply roulette with graphics.
 
See what happened to this poor misfortunate! In the 70's an Irishman went to America to make his fortune and come back to Ireland to buy a farm, settle down and have sprogs. He saved and saved, worked at two jobs and after 30 years had the most of a million. Never drank, smoked or, er, you know what I mean. Anyway, he decided to treat himself to one bit of luxury - and sail home in style. Got all his dosh in readies and dollar drafts. Boarded, got settled in and repaired to the lounge where he was offered champagne. He downed a few glasses and liked the feeling. He had never felt as good. Soon he made his way to the casino where he decided to try Lady Luck on the wheel. He took to it like a duck to water and after the first two days he was up over $15,000. He really had the bit between his teeth and got a phenomenal buzz each time the ball began to slow. Unfortunately, before he reached Ireland, Lady Luck had long deserted him and, chasing his money, finished skint. Feeling extremely low ...... 30 years of deadly hard slog down the drain ..... how would he face them at home ....... eyes cast downward as he walked the pavement. Suddenly he sees a E50 note. He picks it up and looking heavenward sees a sign for a fortune teller. "Madam Zsa-Zsa sees all". He goes in and she informs him that today is his lucky day ....... 7 being his lucky number. He paid her the E20 and walked into the next betting shop that he saw. Looking through the runners and riders he sees 'Seventh Son' running in race 1. True to form he puts the E30 on it and it obliges at 66/1. Next race there is a Seventh Heaven going ........ so after leaving briefly to get a breakfast roll, he's back in time to put the lot on this one. It also coms in at 14/1. Next race 7th Avenue ......... tears home at 10/1. His head is spinning ....... last race ....... nothing with 7 in it except the horse number. Obvious isn't it. He puts the lot on No 7. It too scoots home at 2/1. He collects cash to the tune of 10k or more and a bookmakers cheque for E1,000,000 plus.
He staggers into the daylight and boks into Cork's finest hotel. A quick word (and E50) to the doorman sees his luggage upstairs where he requests the company of a nubile Eastern princess complete with bindi. Shortly after, the porter arrives with the champagne and soon he was joined by this sultry princess of Eastern promise. A few scoops later and things were heading for the four poster. After hours of horizontal jogging she falls asleep in his arms. Looking ast her placid features, he rubs her bindi and finds that it is loose. He lifts it off and underneath is printed You have won a car.:D

I don't get this story - am i missing something?
Or is the story missing something?
 
I just thought it was funny. As a young fellow I used to read the Reader's Digest and you got these tabs in a coloured page exhorting you to lift them and see what you had won. "You have won a car " was the usual answer. I'm sure the small print explained that you were far from winning a car but that if you didn't return the voucher, you had no chance. Also the fact that luck goes in runs occasionally. Hope this fills in the voids.:)
 
Vanilla, MOB; thanks for the info. It looks as if there are indeed tight controls in place (given that they have to allow the business to function).
 
However, I don't think there is any need for tighter control/regulation etc either.

I used to work for a bookies. A big famous Irish bookies.

There was an unofficial policy of not getting into conversation with the customers as they'd expose their gambling problem and we'd have to close their accounts.

The vast majority of customers (99.999%) lost money and we could see how much money each customer had lost. It was very easy to see who had a gambling problem - their erratic and frequent bets, etc.

What makes all this even worse is winning accounts were closed. The bookie only allowed losing accounts.

It's a very scummy industry and needs to be heavily regulated.

Saying all that, I do enjoy the odd bet and would not like the industry shut down.
 
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