Greater Regulation Needed

[pinnit2015]

Hi,

 

I remember back in the day, when you went into a bookmakers and placed a bet, you never thought 'will i get paid?' This is no longer the case, especially after the rise of online gambling. 

 

There are some good casinos who act with honesty but there are so many rogue ones appearing. What's worse is that some of these are meant to be licensed by the UKGC! What is the point of the UKGC when they are a toothless tiger? Why haven't they been given powers like the FCA to hit these guys with massive fines?

 

Instead we have a situation like:

 

People being denied winnings due to vague terms and conditions - 'irregular play'

Excessive pending periods

The self exclusion fiasco - see Every Matrix for this

 

 

 

[cocopop3011]

Hi,

 

I remember back in the day, when you went into a bookmakers and placed a bet, you never thought 'will i get paid?' This is no longer the case, especially after the rise of online gambling. 

 

There are some good casinos who act with honesty but there are so many rogue ones appearing. What's worse is that some of these are meant to be licensed by the UKGC! What is the point of the UKGC when they are a toothless tiger? Why haven't they been given powers like the FCA to hit these guys with massive fines?

 

Instead we have a situation like:

 

People being denied winnings due to vague terms and conditions - 'irregular play'

Excessive pending periods

The self exclusion fiasco - see Every Matrix for this

 

Have you had a problem somewhere?

[Toplivecasinos]

I don't think that UKGC is a toothless tiger. They are the one who regulates gambling activities in UK. They can give and revoke license of a casinos.

[ValDes]

I don't think that UKGC is a toothless tiger. They are the one who regulates gambling activities in UK. They can give and revoke license of a casinos.

 

Well, you could try saying that to all those players writing in this particular forum topic...

 

Action against Smart Live

[pinnit2015]

I don't think that UKGC is a toothless tiger. They are the one who regulates gambling activities in UK. They can give and revoke license of a casinos.

 

Take your point that they CAN revoke - how often do they do so? The lack of ability to, like the Financial Conduct Authority/Ombudsman have, levy punitive sanctions would certainly help. You just have to see what happened to the payday lenders when they came under a strong regulator - they either scarpered or started to behave human towards customers.

 

Just my thoughts!

[Hazard1]

I think that deep down all Gamblers know that there is no true independent body acting on our behalf. If there was then there would be no need for AskGamblers.

 

An example would be, say you lost 30 hands in a row in BJ, every time you get 20, the dealer gets 21 etc etc. You cannot win. You feel that this is unfair but you read the internet chats, Casinomeister etc and you are always told that if you play enough hands (millions0 it will all be fair in the end. Of course, you will never be able to prove anything and testing would prove that the spread of results was as expected, if you were capable of testing. Yet many nice and smart people who are not paranoid think there is something wrong. 

 

Imagine then that you contacted eCogra and let them know whet you think - you will get the same stock answer as on Casinomeister et al - all our games showed a spread of results when 1 billion hands were tested. You have nowhere to go. The UKGC are not going to listen, they will give you the same stock answers.

 

Defenders of the industry (i.e. people in the industry or closely associated) will say that the casinos do not need to fix anything, the house edge is enough. This is true, but some casinos have been found to fix things. The technique is called marginal gain theory and it is very clever. If you are playing online and see patterns, be wary. If the patterns repeat change game or casino. If enough people spot patterns then sites like this will help a lot.

 

If you want to check your favourite casino, make an effort to check the following examples, all of which are classic marginal gain programming (sometimes called 'your bad luck')

 

1. Every time you hit on 12, see how many times it is a 10 card you draw - should be 4/13x.

2. If there is a split or double opportunity whenever you are betting the last bet of your roll...

3. The number of times that the dealer in BJ gets 10 followed by 10 - should be 4/13

 

There are a number of key others, but try those three for starters and then if you are finding that the randomness is not quite random then change casino. It's no use asking the UKGC or eCogra, they will tell you you are just unlucky and the game is perfect

 

The best way to vote is with your virtual feet