£13bn gambled on fixed odds betting terminals
Taken from an article in the Guardian (online).
As ever with these articles, the entertainment is in the comments section.
More than £13bn was gambled on high-speed, high-stakes gambling machines by the poorest quarter of England's population – double the amount staked in the richest areas, according to a study obtained by the Guardian.
The report, to be released next week in parliament, reveals that in the 55 most deprived boroughs of the country – overwhelmingly concentrated in northern cities and urban London – high streets were lined with 2,691 betting shops in which £13bn was gambled or staked on fixed-odds betting terminals (FOBTs) by punters, and £470m of that lost, last year.
By comparison, there were 1,258 bookmakers in shopping centres in the 115 richest districts, containing the same population – mainly in rural areas and urban commuter belts – where players staked £6.5bn, losing £231m, in the same 12 months.
Drastically reduce the number of machines across the country and start paying benefits in vouchers!
Not all surprising, the majority of betting shops are in the most deprived areas. It would seem people have 'money to burn' on gambling, smoking, drinking and yet still feel the need to use a food bank.
On a related note, do the shops ever offer workable bonuses on these machines, or are they just to suck the punters dry?
For the establishment psychopaths, the poor are meant to consume a lot of sugar, watch lots of telly, stay financially and generally illiterate and provide the occasional batches of cannon fodder for invasions meant to 'protect our way of life'.
Post Thanks / Like
I looked at the William Hill shop loyalty scheme but couldn't see anything.
They did send me offers for double loyalty points days and maybe they may offer a bonus or two, but I never used the card so the emails stopped coming
The b1 and b2 catagories etc just refer to slots/card games etc, I forget which was which
Post Thanks / Like
thanked for this post
According to those T&Cs a VIP needs to turn over £2625 to get £5 of credit. Pretty sure that's not EV+!
Originally Posted by kwazulunatal
“Club” members customers will earn 1point for every £7.00 of turnover on a B2 product and 1 point and for every £2.00 of turnover on a B3 product.
VIP members will earn 1 point for every £5.25 of turnover on a B2 product and 1 point and for every £1.50 of turnover on a B3 product.
“Turnover” is calculated as the total amount staked on every transaction including re-invested winnings. E.g. For a “Club” member 10 x £7.00 Roulette spins = £70 of turnover and equates to 10 points and for a VIP member 10 x £5.25 Roulette spins = £52.50 of turnover and equates to 10 points.
Points can be redeemed for free credit in multiples of 500 points – 500 points allows the customer to purchase a £5.00 free machine credit. The minimum number of points that can be redeemed for free credit is 500.
I love the quote '£13bn was gambled or staked on fixed-odds betting terminals (FOBTs) by punters, and £470m of that lost' - so punters get over 96% on their money, do they? (I accept that slots may have a payout of around this ratio, but my observation leads me to believe that roulette is the most frequently played game, and is played with NO discernable strategy!)
Anyway, in answer to your question: bookies HAVE had viable machine offers in the past, including things such as '£5 free machine play if you present a winning (sports betting) slip of over £100', and 'spend £5 get £5'. Odds On points (earned in Lads for placing sharbs) can be turned into cash on the FOBTs, although it is more profitable (and labour intensive) to use them to gain boosts in the odds. It's also still fairly common for specific branches to give away scratchcards or free play if you make sufficient qualifying bets. As ever, read ALL the screens in your bookie to ensure you don't miss any good offers!
Originally Posted by muntjack
I don't understand this at all. What discernable strategy could you employ at roulette to beat, or even alter the house edge of the game?
Roulette is a fixed odds game with a fixed HE (variable only by the variant of roulette played) and so the RTP is a fixed % of stakes. It's not like Blackjack where a player could hit on 20, or stand 5 against a delaer Ace, therefore poor strategy means the RTP is significantly decreased
You just need to ask yourself one question, do you feel lucky punk?....... Well do ya?
Post Thanks / Like
By Andy in forum Affiliates / External / Non-TGT Offers
Last Post: 07/08/2011, 13:27