Horse Racing

Affordability Priority check for bettor group


Equestrian Bettors Forum President Sean Trivass said the issue of affordability testing was at the top of the agency’s agenda and he feared punters could be pushed to use the market. black market school.

In recent months, punters have contacted Racing Post in droves to complain about the bookmaker’s ability to pay and check the source of funds, and to share their anger at being hacked. so to bet.

Regulators have introduced such measures under growing pressure from the Gambling Commission as the industry awaits the government’s long-delayed gambling review white paper, which is expected to include includes affordability recommendations when it was last published.

The issue was one of the talking points at this week’s HBF meeting, which Trivass first chaired. “That’s the top of our list,” he said.

“We know bookies are not happy with that and they allegedly threatened to pay fines if they didn’t take these checks, despite the fact that there is no written requirement that they do so.

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“They’re on the right track and don’t want the hassle and heavy fines right now and I also think it’s a good idea to apply first. Their costs at the end of the day are actually passed on to the punters. No one else will pay. money it.”

Bettors who contacted Racing Post have complained that they have been required to provide personal financial information such as bank statements and P60 in order to continue to be able to place bets and in some cases account Theirs has been frozen for weeks.

Trivass also said there is a risk that larger staking customers are forced to bet with unregulated operators due to checks.

“We feel – but again, how can you prove that is another matter – that this may be pushing big punters into the black market,” he said.

“Did these big gamblers suddenly stop? I doubt not, in which case they would go elsewhere.”

Trivass says the HBF’s position is that the affordability test “doesn’t make sense” if done better and set at a realistic level.

“We want to protect problem gamblers just like everyone else and we would be foolish to think otherwise,” he added.

“But at what level does it happen and how much private life interferes to figure that out, and we’re surprised they didn’t find an easier way, like a credit check. “

The government launched a gambling review in December 2020 but the white paper has since been repeatedly delayed. Ministers said this week it would be announced “in the coming weeks”.

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