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I'm not sure if it's just me, but I feel that advertising for betting (online and in shops) has normalised it far too much.


It used to be a few people betting in the bookies, a mass wave of hysterical betting around big events (the grand national, the Derby and so on) with football pools being the most normal thing.


But now it seems every advert break on the screen (small and big) contains an advert for bingo, bookies or online casinos.


Is this good for the nation and what sort of message does it send our young? "It's okay not to work as you can win big on x y z " yet at the same time it pushes some people further into poverty (thankfully they have limited the fixed odd betting machines in the bookies)


Each to their own and I like a line on the lottery, that's giving to charity as there is zero chance of winning, but is it maybe time that the adverts are removed to denormalise gambling ? Or is it win win for the government who take a cut of the profits from the companies behind the betting?

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https://www.eastdulwichforum.co.uk/topic/238288-betting-and-advertising/
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Interesting article ug


So labour deregulated the regulations in 2005 and it came into force under Gordon Brown in 2007


Maybe it's time to reverse the decision as the article talks about how many people are problem Gamblers in 2015 400,000 so you can bet 4 years on its going to be higher


Quite scary


Amended to include a link to this report https://www.gamblingcommission.gov.uk/PDF/survey-data/Gambling-participation-in-2018-behaviour-awareness-and-attitudes.pdf

  • 4 weeks later...

Except for occasional promotions, the odds are basically neutral on Expected Value, so hard to beat the bookies with their full time specialists setting odds.


You could in the past use promotions and free bets to make a reasonable guaranteed profit via matched betting but the bookies are wiser to thisnow.


If you have insider information on an event/horse etc you can make some money (unlikely you do)


it would be good going, even exceptional, to make a 5% profit so to make ?5k you're looking at betting ?100,000 over say a year


Exchanges give you a bit more potential but you need a lot of money in your account to make any decent money here and you're against many experts


If you are any good you'll likely get bet restrictions/limits


So all in all NO

Dyavion Wrote:

-------------------------------------------------------

> Guys, is sport betting a good way to make a lot of

> money?



Betting is a mugs game, in the end the house / bookies or company running it will always win, never the punter in the long run.


Short answer to your question is NO

  • 2 weeks later...

uncleglen Wrote:

-------------------------------------------------------

> It is possible if you study form and do quite well

> on the horses- my step-dad did that....did his

> milk round and was in front of the tv and on the

> phone in the afternoons...priceless.



Did he have a horse drawn milk cart and get tips straight from his horses mouth 🤔😂

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