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Ladbrokes at centre of a GBP 7 million dispute on weather bets

1/10/10 - Our readers will recall last week's interesting backgrounder on betting on snow in London, and the definition of a snowfall in this regard. This week the subject of betting on whether snow would fall more widely in Britain was in the headlines, but it was infortunately in a negtive sense as a row over a disputed bet.
 
At the centre of the furore was the major UK online and land gambling group Ladbrokes, which according to a wide range of UK media is refusing to pay out more than GBP 7 million to a man who gambled on a white Christmas.
 
The contentious part is that Ladbrokes claims it is justified in refusing to pay out because the bet was accepted by mistake.
 
Gambling man Cliff Bryant (52) had placed two GBP 5 accumulator bets that snow would fall on 24 towns and cities across the north of England on Christmas Day. And, as anyone watching UK news now knows, his prediction was fulfilled.
 
“We have apologised to the customer for any confusion and for mistakenly accepting an accumulator bet when our own rules state that only single bets are available on a market of this nature,” said a Ladbrokes spokesman. “We are happy to void the bets and to pay the customer his winnings on the relevant singles.”
 
That is hardly likely to appease the punter, because it is worth a mere GBP 31.78, rather than the GBP 7.1 million Bryant was expecting .
 
The graphic designer from Southampton, who told the local Southern Daily Echo newspaper that he would seek legal advice, claims the first accumulator would have won him GBP 4.9 million, with the second adding GBP 2.2 million.
 
“If I make a mistake in my work like that it costs me dearly and I think the offer should be a lot more generous than they have made,” he told the paper, clearly prepared to agree to a settlement at the right sort of offer.
 
Ladbrokes should have made their rules clearer, he added. “They are one of the leading bookmakers in the country and I think they ought to do their homework a bit better in future.”
 
Ladbrokes gave Bryant details of the Independent Betting Adjudication Service, an impartial adjudicator on disputes that arise between gambling operators and their customers, but in the meantime the publicity coverage on the dispute has been wide and not entirely positive.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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