Submitted on Tuesday 16th October 2018
Published on Friday 19th October 2018
Current status: Closed
Closed: Friday 19th April 2019
Signatures: 20
Revoke bookmakers licences if they refuse to accept bets of £20 - £100
Bookmakers are limiting online customers to stakes of under £5 and often less than £1. They are also banning people from promotional offers. If a bookmaker won't accept a bet of £20 or a liability of £1,000 they should not be given a licence.
These limits and restrictions are known as gubbing. This is when a bookmaker limits a customer to small stakes (often pennies) and bans customers from promotions or closes accounts. No explanation is given for this. They just say it is a trading decision. I believe it should be a condition of being granted a licence that all bookmakers accept bets with a liability of up to £1,000.
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13.59.82.167 Fri, 19 Apr 2024 13:52:40 +0100
