[AusRace] Disappearing Dollars

Sun Feb 17 18:06:41 AEDT 2019

Before computerisation, betting after the jump on the SATAB was common, and betting after the race was run was also done. After computerisation, and about 20 years ago, one could often get on after the jump in the Morphettville Auditorium & I complained about it, despite being one who could take advantage were I so inclined (I bet win/place with the bookie, exotics on the TAB). Got some smart-arse, patronising reply - they assumed I was just another disgruntled punter trying to find someone else to blame for losing.

So I teed up with one of the operators to let me know next time a race was still open after the jump, he called out, I glanced at the telecast, put $100 on the leader, and sent a copy of the bet to SATAB. Did that cause a stink! - I got written and oral apologies, complete with an explanation of the software bug that caused a late close-off under certain circumstances. And yes, that particular avenue for betting after the jump was promptly closed.

That takes me back to the manual days of Quaddies (Fourtrellas as they were called)- you could bet, eg:

Leg 1:  #1 5 units, #3, 2 units, #7, 3 units (total 10)

Leg 2: #2, 1 unit (total 1)

Leg 3: #1, 6 units,  #8, 4 units (total 10)

Leg 4: #4, 1 unit, #5, 3 units, #10, 1 unit (total 5),

And the operator would multiply 10 x 1 x10 x5 = 500 units, @ 50c= $250.

One ticket, the girls were not PhD's, but got it done quickly and accurately. Nowadays, with incredible computing power, and much of the labour transferred to punters, you need18 tickets!

From: Racing <racing-bounces at ausrace.com> On Behalf Of Race Stats
Sent: Sunday, 17 February 2019 4:37 PM
To: AusRace Racing Discussion List <racing at ausrace.com>
Subject: Re: [AusRace] Disappearing Dollars

What doesn’t ring true to me is that he has a Bet365 account open and classes himself as a professional punter.

As Len would know, that part doesn’t add up.

However, for the disappearing dollars, it has happened on many occasions with the TAB and Corporates, almost always an inside job, that they’ll never admit to.

Just like getting on after the jump, which apparently cannot happen, but always does!

Lindsay 

From: Racing [mailto:racing-bounces at ausrace.com] On Behalf Of L.B.Loveday
Sent: Tuesday, 12 February 2019 10:37 PM
To: 'AusRace Racing Discussion List'
Subject: Re: [AusRace] Disappearing Dollars

Ashley,

"Last week I went to place a bet with my Bet365 account and found I had insufficient funds. So I went to make to a deposit"

Why it did not ring true to me (I did not say it could not be true, let alone that it was not true):

When he logged in, the balance would have been shown, yet he did not notice it was approximately zero instead of $3.5k, or at least less than he tried to bet, presumably <= $300 as the cancelled withdrawal was sufficient? He is "a professional punter", so I'd expect him to regularly access the account, unlike the dormant one to which you refer, with a moderate balance such that he was all-but empty after the withdrawals, but he did not notice his account being short $2,000 & $1,440 (odd amount!) a week apart? You may not notice those discrepancies in a big balance, but most would in a moderate balance.

He then "jumped on the Live Chat and requested a full account statement (you can’t just download one from their site)". You CAN immediately display the last year's Pending Bets, Settled bets, Withdrawals and Deposits (in 2x 6mth lots), which covers all relevant transactions, albeit without full details, and I'd expect a professional punter to know that. Surely he would do that on the spot rather than wait? Even if he also ordered a "full account statement".

Of course I could come up with reasons for those actions, but as I said, it just did not ring true to me.

I presumed that if it were true it would be an internal, but the taking of 3 varying amounts close together from an active account, leaving it close to zero is, to me, a strange way to do it.

Anyway I got a chuckle when he wrote "The NTRC will deal with it in terms of integrity". Integrity is, in my opinion, something the NTRC knows approximately zero about.

There was a case in SA where a TAB programmer took out a ticket on the Footy Quadrella, and if it was a big dividend (it was in the early days of computing, and the dividends not immediately displayed & I think that product has long gone), he would access the computer and change the selections on his ticket to the correct ones and print a new ticket with the same barcode as the original. He also printed tickets and cashed them just before the 6? month deadline was up for claiming bets. He got 30 months jail. The CEO of SATAB tried to tell me that he stole from the TAB, whereas the quadrella fraud was clearly stealing from punters by diluting the dividend.   

LBL

From: Racing <racing-bounces at ausrace.com <mailto:racing-bounces at ausrace.com> > On Behalf Of SteveB
Sent: Tuesday, 12 February 2019 9:00 PM
To: racing at ausrace.com <mailto:racing at ausrace.com> 
Subject: Re: [AusRace] Disappearing Dollars

>From twitter.....

Update on  <https://twitter.com/hashtag/365gate?src=hash> #365gate - Bkrahe 2 Bet365 0 - phone call to say my acct WAS compromised (surprise surprise), yet it isn't their reponsibility - they will however refund my money as a matter of "goodwill" - $3440 sitting back in a brand new acct for me right now  <https://twitter.com/hashtag/JUSTICE?src=hash> #JUSTICE

On 12/02/2019 7:38 pm, Ashley Latham wrote:

Hi Len,

Beg to differ, 2 cases spring to mind.

Without naming names, one of Winx’s more dapper fans had an issue with a dormant NSW Tab account and several thousands missing. Also a former working acquaintance in Canberra had his TasTote account pilfered on several occasions, by an insider. It does happen. Nothing would surprise.

Ashley

Sent from Mail <https://go.microsoft.com/fwlink/?LinkId=550986>  for Windows 10

From: L.B.Loveday <mailto:lloveday at ozemail.com.au> 
Sent: Tuesday, February 12, 2019 6:46 PM
To: 'AusRace Racing Discussion List' <mailto:racing at ausrace.com> 
Subject: Re: [AusRace] Disappearing Dollars

Mike,

Previous one, and this, worked fine, went to the same page.

The story does not ring true to me.

LBL

From: Racing  <mailto:racing-bounces at ausrace.com> <racing-bounces at ausrace.com> On Behalf Of mikemcbain at tpg.com.au <mailto:mikemcbain at tpg.com.au> 
Sent: Tuesday, 12 February 2019 4:40 PM
To: racing at ausrace.com <mailto:racing at ausrace.com> 
Subject: [AusRace] Disappearing Dollars

Not sure why I pasted an incorrect link to this story earlier today?

 <https://www.championbets.com.au/bookmakers/ben-bet365-disappearing-dollars/> https://www.championbets.com.au/bookmakers/ben-bet365-disappearing-dollars/

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