If you’re a UK based bettor you need to read this…

By on January 27, 2021

This has been doing the rounds lately but I wanted to share it with you just in case you hadn’t seen it.

Here’s the story:

There’s a very important proposal about to be reviewed by the Government.

And it’s not hyperbole to describe it as potentially catastrophic to UK based bettors.

It concerns affordability checks in regards to betting.

In short they are proposing limiting us to monthly losses of possibly just £100. And in the future you might have to pass on your bank statements and wage slips just to ensure you can get a reasonable bet on.

I understand the need to protect people with gambling addictions but this is a step too far.

The main problem of the proposal is that they are not separating skill-based gambling and casino based gambling.

With the former you certainly can make a decent income, but with the second you’ve got no chance.

In an ideal world we would all be making a nice regular profit each month from our betting activities but we all know this is not the case.

In fact, you may recall an email from a few days ago when I spoke about a punter called Jim who averages £12,000 profit a year from following tipsters.

He said he was £6,000 down in 2019 before the tipsters went on a winning run and he ended the year £12,000 to the good.

If the new rules are put in place this would have been impossible.

So what can you do about it?

Well, Peter Ling from the Smart Betting Club has come up with a three pronged plan of action…

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1. Submit evidence to the Gambling Commission as part of their consultation (ends 9th Feb).

This can be done at any time via the following link: https://consult.gamblingcommission.gov.uk/author/remote-customer-interaction-consultation-and-call/consult_view/ 

Evidence from all parties (consumers and operators) is invited between now and the 9th February.

Although this consultation is long-winded and might take a few hours of your time to do properly, the more of you that do so and reiterate the key points I outline above (separation of casino style gambling and skill based gambling) the better.

2. Write to your MP.

I have also been working with a UK parliamentary contact who has a keen interest in betting to draw up a template letter/email to send to your MP. Here is what to do:

– Locate your MP here: https://members.parliament.uk/FindYourMP

– You will need to input your postcode and it will find your MP and their contact e-mail address.

– Once located, insert their name at the top and your name and address at the bottom and send the below:

Dear (insert MP name)

I am writing to express my deep concern about the current review into the Gambling Act and the suggestion by some campaigners that restrictive affordability limits are introduced to betting accounts held by recreational sports bettors.

The reason for my concern is what I would define as skilled betting on sports should not be treated in the same way as unskilled gambling on online casinos, slots or bingo. I spend many hours studying sports markets and would equate what I do to someone investing in the stock market. You do not have to face invasive affordability checks with this investing and I believe the prospect of having to send bookmakers bank statements and wage slips is a huge breach of privacy, a significant data risk and a gross infringement of liberty.

As well as this, I would argue that this is a sledgehammer to crack a nut solution, as evidence shows online slots and casino games have comparatively higher rates of problem gambling than, for example, horse betting. Introducing affordability checks for sports betting will simply drive punters to unregulated markets and hit the treasury revenues at a time the Country can least afford it.

I am therefore asking you to represent my views and contact Nigel Huddleston MP calling upon him to decouple sports and events betting from that in online casinos and reject intrusive affordability checks as part of this review.

Kind regards,
(insert name and address)

3. Sign Our Petition.

You can also sign our petition backing up the above points and which will be referenced as part of the Smart Betting Club’s submission to the Gambling Commission…

The more of you that sign it and believe in the statement we are making, the more weight these points will carry and greater likelihood they will be listened to…

CLICK HERE To Sign The Petition.

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Look, there is no doubt that bookmakers have failed to properly tackle the issue of problem gambling.

But any new measures introduced need to be done in a very targeted and specific manner to avoid ruining betting for the many of us who bet sensibly and within our means.

I don’t want to have to hand over my bank statements just to put on a bet. Do you?

Take care,
Kris Jackman | Founder Tipster Supermarket

P.S. In happier news you can still get your three FREE downloads here.