[AusRace] Luxbet

norsaintpublishing at gmail.com norsaintpublishing at gmail.com
Fri Dec 15 17:14:01 AEDT 2017 

I can vaguely remember hearing TAB corps annual report being discussed on
radio earlier in the year and think Luxbet was losing money.



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On Fri, Dec 15, 2017 at 5:07 PM, Race Stats <RaceStats at hotmail.com> wrote:

> “The review has determined that Luxbet is no longer aligned with the
> long-term strategic interests of Tabcorp and as a result, Luxbet will be
> closed.”
>
> It doesn’t say what those longterm prospects are….no more boosted odds nor
> bonuses ruining their business or a greater stake in the pokies and
> lotteries.
>
> I think it’s both imho.
>
> Lindsay
>
>
>
>
>
> *From:* Racing [mailto:racing-bounces at ausrace.com] *On Behalf Of *
> L.B.Loveday
> *Sent:* Friday, 15 December 2017 3:33 PM
> *To:* 'AusRace Racing Discussion List'
> *Subject:* [AusRace] Luxbet
>
>
>
> No more posts on Luxbet! Start of the cleanout?
>
>
>
> In case you have an account and have not been notified, they are closed
> for business from 22/12, so withdraw your money while you can.
>
>
>
> Due to a fibre optic cable misbehaving?
>
>
> [AusRace] Luxbet
>
> *Race Stats* RaceStats at hotmail.com
> <racing%40ausrace.com?Subject=Re%3A%20%5BAusRace%5D%20Luxbet&In-Reply-To=%3CHK2PR02MB1138E529E77869024FE31CC8BB350%40HK2PR02MB1138.apcprd02.prod.outlook.com%3E>
> *Wed Dec 13 11:26:34 AEDT 2017*
>
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>
> ------------------------------
>
> Crazy stuff Len.
>
> The boosted odds was with WH.
>
> You've really got to watch these guys, they put up false favourites hoping to lure the punter in.
>
> They had a favourite at $3.00 opening quote which ended up being double figure odds and was never the favourite at any stage nor likely to be.
>
> Others put up MM for Market Mover, and it isn't the MM at all.
>
> I haven't worked out Bill Hill's takeout, but they've got some horrible odds.
>
> Last night I backed Diway in France and got $2.05, it was $2.60 with other bookies.
>
> I noticed today they have removed the tote odds....
>
>
>
> 1 Diway | $0.00w $0.00p 2 Verti Chop | $0.00p 3 Surewecan | $0.00p *Mid Tote Dividend
>
>
>
> I also backed Glamorous Scandal @$5.00 fixed, it paid $6.00 elsewhere.
>
> Total Stake $400.00
>
> Bet Type Fixed Win
>
> Price $5.00
>
> Status Win
>
> Event Turffontein race 2
>
> Sport Horse Racing
>
>
>
> Crazy stuff.
>
> One could say it's my fault, but I never have multiple browsers or tabs open when betting, as their tracking software logs this.
>
> I don't want them to know what I'm doing with other bookies etc.
>
> Lindsay
>
>
>
> From: Racing [mailto:racing-bounces at ausrace.com <http://ausrace.com/mailman/listinfo/racing_ausrace.com>] On Behalf Of L.B.Loveday
>
> Sent: Wednesday, 13 December 2017 7:43 AM
>
> To: 'AusRace Racing Discussion List'
>
> Subject: Re: [AusRace] Luxbet
>
>
>
> My brain playing up - that's UBet, not Unibet.
>
>
>
> From: Racing [mailto:racing-bounces at ausrace.com <http://ausrace.com/mailman/listinfo/racing_ausrace.com>] On Behalf Of L.B.Loveday
>
> Sent: Wednesday, 13 December 2017 7:27 AM
>
> To: 'AusRace Racing Discussion List'
>
> Subject: Re: [AusRace] Luxbet
>
>
>
> Lindsay, you are "lucky" to get boosted odds and other promotions - I am not even allowed to "cash out" with Unibet (can with Bzero) despite bets clearly being shown as "Cash Out available" when I bet - a complaint only resulted in them pointing to their T&C, nowhere within do they say they can deceive you. The ACCC, and of course the hopelessly compromised NTRC will do nothing.
>
>
>
> The Ubet ban on Cash Out followed my cashing out two bets:
>
> $150 win cashed out for $306 and $150 place cashed out for $299. The horse won, and had the bets stood I'd have collected $5100 and $1425, meaning my poor judgement saved UBet $5920, so they respond by banning me; their logic beats me.
>
>
>
> Here's BZero cancelling a $1.24 bet:
>
>
>
> We are contacting you regarding bet ID GG3333240710I placed at the odds of 814.00 on All Vegas (Fixed Win Race 2 Stawell). We have identified that this selection was placed at incorrect odds and as such, in accordance with our rules, will be settled at the revised odds of 81.00.
>
> If you would like to cancel this bet prior to the start of the event then please contact us.
>
>
>
> My response:
>
>
>
> Cancel my $1.24 bet. How pathetic - you had it at $1.35 Cash-out, so a theoretical $0.11 "mistake".
>
>
>
> Wow, what a Mickey Mouse organisation you must be - taking the time and effort to adjust a $1.24 bet, compose a letter and email me, read my reply, and now cancel. All for a theoretical (at your Cash-out odds) 11 cents ($0.11).
>
>
>
> Or if you think your $0.11 was wrong, You could have put $12.50 on with another, proper, bookmaker (if one still exists) to cover a possible $1,000 loss ($12.50 @ 81.00 = $1,000 loss/win). $12.50 - $1.24! That would be your maximum risk! What hourly rate do you pay the staff handling this?
>
>
>
>
>
> Here's BZero's paying my Cash Out amounts to my account:
>
>
>
> [cid:image001.png at 01D2E51D.6B2BCA90 <http://ausrace.com/mailman/listinfo/racing_ausrace.com>]
>
> They took the money back from my account, and substituted $30 for the $25k etc. I accept this was a mistake and they are entitled to reclaim the payout, but pointed out to them that they enticed me to Cash Out with their quotes, and that I would NEVER Cash Out for $30 etc, calculated what it would have paid had I not cashed, and asked that they pay that amount. They refused and offered a $20 bonus which I did not bother claiming.
>
>
>
> Pathetic, incompetent, unconscionable, With my rapidly diminishing brainpower, on my worst day, drunk or hangover, I would be still be better than these jerks.
>
>
>
> From: Racing [mailto:racing-bounces at ausrace.com <http://ausrace.com/mailman/listinfo/racing_ausrace.com>] On Behalf Of Race Stats
>
> Sent: Tuesday, 12 December 2017 11:00 PM
>
> To: AusRace Racing Discussion List
>
> Subject: Re: [AusRace] Luxbet
>
>
>
> Len, it paid $17.00 fixed odds on Unibet and $17.70 on the tote.
>
> Hilarious, I had a boosted odds bet rejected on Dalby R3/4, it was a big firmer in their market.
>
> It ran nowhere, but I had my bet reduced by half.
>
> But I still collected a reasonable profit by laying it on Betfair.
>
> So they cost themselves around $500 by reducing the wager.
>
> This has happened many times, you'd think they'd want the cash or do they only want $5 or $10 punters?
>
> Lindsay
>
>
>
>
>
> From: Racing [mailto:racing-bounces at ausrace.com <http://ausrace.com/mailman/listinfo/racing_ausrace.com>] On Behalf Of L.B.Loveday
>
> Sent: Tuesday, 12 December 2017 4:26 PM
>
> To: 'AusRace Racing Discussion List'
>
> Subject: Re: [AusRace] Luxbet
>
>
>
> Update - Luxbet paid up, so the trading team was overruled. Thankfully, because I'd have had to appeal to the NTRC, which makes the CSA look like a beacon of unbiased adjudication.
>
>
>
> Today's snowflakes story:
>
>
>
> I put $34 on at 31.00 (MBL max) on Warr 3/2 with SB, who turned it to 18.00 (that would be their autobot I presume). The lemmings followed across the board - behemoths like WH and Crown and NTRC's go-to comparison in appeals, TopSport, inter alia, turned it down virtually immediately, to 19.00 - 26.00 range (.All except BZero, who, as is usually the case, stuck to their assessment of 31.00. not turning it down until 60 minutes later, oh and newcomer SportsBetting, which has taken over ClassicBet's mantel of fauxodds at 18.40). .
>
>
>
> It is most unlikely other punters bet at the same time as I did, so it seems that no-one except BZero and SB have opinions. $34 causes such a flurry! Snowflakes is too generous.
>
>
>
> LBL
>
>
>
>
>
> From: Racing [mailto:racing-bounces at ausrace.com <http://ausrace.com/mailman/listinfo/racing_ausrace.com>] On Behalf Of L.B.Loveday
>
> Sent: Monday, 11 December 2017 9:53 AM
>
> To: 'AusRace Racing Discussion List'
>
> Subject: Re: [AusRace] Luxbet
>
>
>
> One more point - all my bets are vetted and individually approved, rejected or partially accepted manually by them, whether for $1 or $1000, even when within the MBL limits.
>
>
>
> Summary:
>
> Lux continued to bet place on a 4-horse field after a late scratching (it was already taken out of the market I bet into, so no deductions apply), with a market>200%, at a price less than TAB, which also continued to bet place.
>
> They declared my bet a loss despite the horse running second.
>
> Upon my complaint, instead of paying me, they voided the bet.
>
> My bet was vetted and accepted by Luxbet by staff who had, or should have had, the same information as I, or almost certainly more.
>
>
>
>
>
> LBL
>
>
>
> From: Racing [mailto:racing-bounces at ausrace.com <http://ausrace.com/mailman/listinfo/racing_ausrace.com>] On Behalf Of Race Stats
>
> Sent: Sunday, 10 December 2017 2:59 PM
>
> To: AusRace Racing Discussion List
>
> Subject: Re: [AusRace] Luxbet
>
>
>
> Wow, Len that's just fraud in my opinion.
>
> A fibre optic cable does not interfere with being paid, that could have been rectified.
>
> Never ever heard of not being paid for a second placing in a field of 5.
>
> Actually of all the bookies, I had won a 5 figure sum off them and they never limited my account, so I have (had) them on my list as one of the best bookies around. Classic Bet being the worst in my experience. They won't take you on to lose more than $100 if you're even a little bit up with them.
>
> Thanks for the alert, I will be watching them closely from now on.
>
> Lindsay
>
>
>
> From: Racing [mailto:racing-bounces at ausrace.com <http://ausrace.com/mailman/listinfo/racing_ausrace.com>] On Behalf Of L.B.Loveday
>
> Sent: Sunday, 10 December 2017 8:06 AM
>
> To: 'AusRace Racing Discussion List'
>
> Subject: [AusRace] Luxbet
>
>
>
> I recently gave a "thumbs up" to Luxbet.
>
>
>
> I retract it.
>
>
>
> On 6/12/2017, they offered $2.00 the place about Ipswich 6/3, which I took. The horse came 2nd, which by any rational measure is a place.
>
>
>
> Luxbet classified it as a losing bet and kept the money.
>
>
>
> I pointed out the wrongness of that, and my stake was refunded, thus I back a winner and do not win with Luxbet.
>
>
>
> What was the problem one may wonder. Lux says "From my understanding a fibre optic cable under St. Kilda road was damaged and as such resulted in some software issues". No I'm not making that up, my imagination is not that vivid.
>
>
>
> They follow up with "In this instance, your bet will be void. Luxbet does not pay a place for a field of less than five". No, they just take bets on fields of less than 5 and keep the stake unless the mug punter complains. How many others did not pick up that they were not paid?
>
>
>
> PS, QLD tote paid 2.90 - so not only was I cheated, I'd taken massive "unders"..
>
>
>
>
>
> LBL
>
>
>
>
>
>
>
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