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Centrebet - Regulatory Authority

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Posted: #26
I also use centrebet gun and would be interested to know the go. Please PM me 
 
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Posted: #27
Lads, thanks for the feedback and I assure you I will disclose all details shortly, especially considering it affects many of you directly.  I have used Centrebet for a long time now and have considered them to be the best Australian book in many respects, so there is no need to jump ship immediately.  However, recent events mean that I have moved my business to another book at least until such time as this dispute is settled.  I would like to give Centrebet the opportunity to settle the matter prior to creating too much noise and in that regard I have requested a formal response to my concerns.  Once that has been obtained I will PM each one of you who has asked.  As it stands I am significantly out of pocket and am disturbed about the blatant breach of contract / misleading conduct that has occured. 
 
Will update you very shortly.
 
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Posted: #28
Quote Originally Posted by SecondAgain:




sportingbet a book of substance

sportingbet manning up

betsar they just copy others prices and raise the juice

The only books that will take a bet of any size are the TAB's books. The rest are gutless shits. IAS used to, but Paddy Power will put pay to that


Sportingbet and betstar have taken my 1K+ wagers.C/bet often can only get 500 max, on certain markets eg NZ rugby, netball.
Sometimes much less eg the NSW coach market wanted 500 US and they gave me a whooping $25 US. As I said C/bet are one of the biggest jokes out there for winning or clients and/or who don't bet small time.
 
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Posted: #29
Not sure I agree Dave, this dispute relates to bet amounts well beyond any of the figures that you mention
 
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Posted: #30
Quote Originally Posted by Gun7:

Not sure I agree Dave, this dispute relates to bet amounts well beyond any of the figures that you mention


It differs from client to client. Sportsbetting 101 I thought.
 
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Posted: #31

Quote Originally Posted by Davenz:



Sportingbet and betstar have taken my 1K+ wagers.C/bet often can only get 500 max, on certain markets eg NZ rugby, netball.
Sometimes much less eg the NSW coach market wanted 500 US and they gave me a whooping $25 US. As I said C/bet are one of the biggest jokes out there for winning or clients and/or who don't bet small time.

that's odd. I was able to bet four figure amounts with CB right the way through this year's netball season. And without blowing my own horn, I enjoyed an EXTREMELY profitable campaign in that competition (five figures in the plus). Not sure what constitutes a "small time" betting client, but am personally "in the black" just under 50k with them since starting up a couple of years ago and the only events I've had limits whacked on were some of the FIBA tournaments (european championships, u19 mens and womens championships, ect) in June and July this year.  

 
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Posted: #32
Quote Originally Posted by Jive_Turkey:

that's odd. I was able to bet four figure amounts with CB right the way through this year's netball season. And without blowing my own horn, I enjoyed an EXTREMELY profitable campaign in that competition (five figures in the plus). Not sure what constitutes a "small time" betting client, but am personally "in the black" just under 50k with them since starting up a couple of years ago and the only events I've had limits whacked on were some of the FIBA tournaments (european championships, u19 mens and womens championships, ect) in June and July this year.  



Not odd at all....simply your account isn't marked (as a sharp). Though if you keep that success up longterm, it may not be long before it is.
 
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Posted: #33
Quote Originally Posted by Davenz:



Sportingbet and betstar have taken my 1K+ wagers.C/bet often can only get 500 max, on certain markets eg NZ rugby, netball.
Sometimes much less eg the NSW coach market wanted 500 US and they gave me a whooping $25 US. As I said C/bet are one of the biggest jokes out there for winning or clients and/or who don't bet small time.


Either you're a Sportingbet spook, you don't know what you are talking about.



Individual bet limits may be determined on a bet-by-bet basis by a Centrebet bookmaker. Important: Notwithstanding any other rule, the maximum amount that may be won by any client in any calendar week (Monday to Sunday) is two hundred and fifty thousand Australian dollars (AUD$250,000.00) or its equivalent in other currency.


 
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Posted: #34
Quote Originally Posted by norseman67:



Either you're a Sportingbet spook, you don't know what you are talking about.



Individual bet limits may be determined on a bet-by-bet basis by a Centrebet bookmaker. Important: Notwithstanding any other rule, the maximum amount that may be won by any client in any calendar week (Monday to Sunday) is two hundred and fifty thousand Australian dollars (AUD$250,000.00) or its equivalent in other currency.




No Idea what the relevance or meaning of this post is. But everything I have posted in this thread is based on my experience with the company in question and experience in the Industry.
 
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Posted: #35

Quote Originally Posted by Davenz:



Not odd at all....simply your account isn't marked (as a sharp). Though if you keep that success up longterm, it may not be long before it is.

just out of interest, what sort of +ve do some of the big hitters / professionals ring up at online books over a longterm period ? And are they ever ordered to close their accounts due to too much success at the book's expense ?

 

 
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Posted: #36
Quote Originally Posted by Jive_Turkey:

just out of interest, what sort of +ve do some of the big hitters / professionals ring up at online books over a longterm period ? And are they ever ordered to close their accounts due to too much success at the book's expense ?

 



Just before I answer, I suspect some people here  are wondering (I do recognise some of you from other places)....who is this guy?

Abit about me....been a pro or semi pro sports gambler for the past 15 years. Have various roles in the Industry other than betting....writing, consultancy and mod at cappersmall.com (my accurate betting records the past 5 years documented there too).

To answer your question. Easily the most common scenario is for the books to limit your bets.
For a pro this acts the same as closing your account....If u wnat 2000 on something and they only give u 200 u are going to look elsewhere. Of course the way a pro can get around this is to spread your bets around many books to get the sum amount u want.

The reason for me posting in this thread intially was I have got sick of hearing how great a book C/Bet is. Once upon a time they were for me too, but not anymore.
 
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Posted: #37
Quote Originally Posted by Davenz:



No Idea what the relevance or meaning of this post is. But everything I have posted in this thread is based on my experience with the company in question and experience in the Industry.


The relevance is that you are wrong - hence the post and verbatim rules posted by Centrebet.
 
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Posted: #38
Quote Originally Posted by Davenz:



Just before I answer, I suspect some people here  are wondering (I do recognise some of you from other places)....who is this guy?

Abit about me....been a pro or semi pro sports gambler for the past 15 years. Have various roles in the Industry other than betting....writing, consultancy and mod at cappersmall.com (my accurate betting records the past 5 years documented there too).

To answer your question. Easily the most common scenario is for the books to limit your bets.
For a pro this acts the same as closing your account....If u wnat 2000 on something and they only give u 200 u are going to look elsewhere. Of course the way a pro can get around this is to spread your bets around many books to get the sum amount u want.

The reason for me posting in this thread intially was I have got sick of hearing how great a book C/Bet is. Once upon a time they were for me too, but not anymore.



Your grammar capabilities suggest a polar opposite of what you claim.

And IF you knew what you were talking about, you would have backed up what you said with what Centrebet posts on their website.

FAIL = no cred.



 
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Posted: #39
Quote Originally Posted by norseman67:




Your grammar capabilities suggest a polar opposite of what you claim.

And IF you knew what you were talking about, you would have backed up what you said with what Centrebet posts on their website.

FAIL = no cred.





No offence but I don't want "cred" from anyone here. I merely entered this thread to vent and state my opinion on the company in question.
Goodluck to you all in the future.
 
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Posted: #40

Quote Originally Posted by norseman67:




Your grammar capabilities suggest a polar opposite of what you claim.

And IF you knew what you were talking about, you would have backed up what you said with what Centrebet posts on their website.

FAIL = no cred.



norse, I don't see how someone's grammatical capabilities qualify or disqualify them as being a legitimate pro punter ?   

Just because CB claims to have a 250k per week ceiling doesn't mean they'd only step in and enforce limits if a customer was nudging that mark. I guess it would make business sense (to them) to reel in a client who was consistently taking a reasonably significant amount of money from them over a prolonged period of time.  

 
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Posted: #41
Quote Originally Posted by Davenz:



No offence but I don't want "cred" from anyone here. I merely entered this thread to vent and state my opinion on the company in question.
Goodluck to you all in the future.




If you don't know what you were talking about and were shown to be the case, that equals no cred in my book.
 
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Posted: #42
Quote Originally Posted by Jive_Turkey:

norse, I don't see how someone's grammatical capabilities qualify or disqualify them as being a legitimate pro punter ?   

Just because CB claims to have a 250k per week ceiling doesn't mean they'd only step in and enforce limits if a customer was nudging that mark. I guess it would make business sense (to them) to reel in a client who was consistently taking a reasonably significant amount of money from them over a prolonged period of time.  




He was philosophically that far off the mark and I knew he was.......from personal experience - hence the cut/paste post.
 
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Posted: #43
I can't get on to win more then $50 ON ANY SPORT at sportingbet, I can't even have $1 on a guy at 100-1 in a golf tournament. There are some sports I never bet but they will still restrict me. Some sports my limits are lower there

From another guys post elsewhere:

"I know there has been a lot said about this pack of pathetic piss weak spinners of tall tales, but when they won't even let you put $250 on a $1.75 shot in the tennis then you really do have to wonder about their so called million dollar punters.... "

"And this is what I find the most incredulous thing about the whole affair.... I'm losing with them on tennis. ...So I decided to ring them up this afternoon. Was told very politely that I'm allowed to win either $200 or $300 depending upon the tournament. Apparently their limits are either $2000 or $3000 and so therefore it seems I'm allowed 10% of that. "

I took a chunk out of centrebet a few weeks ago in the World Swimming Champs. Haven't heard a peep from them about it. I have taken a rather large amount off them with tennis sets betting. Not a word from them. They are prepared to take my bets

If unsportingbet is so great why do they not put up prices for all Toyota Cup games? Why do they put some games up less then an hour before kick off? because they want to see what everybody else is doing and dont' want to be hit.

sportingbet want small, recreational (i.e losing) punters only. They are not a bookmaker at all. If it wasn't for bet365 then sportingbet would be the worst book on the planet

and tell me why a book would restrist ones account?
 
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Posted: #44
that's fcuking horrible Second, you should get the heck out of there asap.
 
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Posted: #45
very interesting, i wished i had used cb just to know the details of your situation, i can't help it i am sometimes nosey, but i justify it with being curious.
but i will stay out of your drama as it seems serious. i hope all is rectified without litigation. only people who win at court are lawyers.
i havn't been on for a bit, been pretty busy, but have a couple of shadows came out of the darkness to answer your question?
 
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Posted: #46
A very interesting read....
 
I totally agree with the comments about Unsportingbet.  After cashing out a lump sum my account was hit with some major betting restrictions including limits of $100 on some sports. 
 
Soon after I complained and they terminated my account under some Clause 10 which states they can close any account at any point in time without a reason.
 
I personally have no issues with Centrebet.  Also use Pinnacle & Sports Alive.
 
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Posted: #47
That's interesting Crowls, every book's contract has that clause but I wasn't aware of any that had enforced it.  I'll be staying away from that mob.
 
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Posted: #48
Yeah, Sportingbet has a lot of horror stories.  Use TAB or Pinnacle if you are able to.
 
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Posted: #49
Hey gun just wanted to let you know with my issue it has all been resolved and the commisioner has ordered my book to refund the orignal wager all in all it took about 3 weeks for them to come up with a decision. heres the email they snet me below ive removed the inspectors email adress and name for privacy on his behalf
 

From: On Behalf Of Gambling Disputes DOJ
Sent: Wednesday, August 26, 2009 8:01 AM
To: Phong
Subject: RE: gamblingdisputes

 

Dear Mr Fong,

 

 

The Racing Commission has fully investigated your complaint of 1 August 2009.

 

The Commission has found that both parties have played a part in the confusion over your original wager and therefore has directed them to void your wager and refund your monies into your account.

 

Your account should be credited within three days.

 

Should you have any queries please do not hesitate to contact me.

 

Regards

 

Racing Inspector
Licensing, Regulation & Alcohol Strategy
Department of Justice
Northern Territory Government of Australia
GPO Box 1154
DARWIN  NT  0801
Ph: +61 (08) 8999 1312  Fax +61 (08) 8999 1303
Email:     

Website: https://www.nt.gov.au/justice/licenreg/

 

So gun be very confident that they will do something, it took them time but they resolved my issue

 
 
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Posted: #50
And oh yeah the money is back into my account
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