| | | I am going back to the 1970's now, to my "bookie university" training.
If you somehow stiff the bookie (not easy) you are committing fraud. It's a criminal act. The police are involved and you get your day in court, and the bookies have good lawyers... the best.
If the bookie decides not to pay out, stiff the customer, there is no legal recourse.
In the eyes of the law, sports betting and gambling are frivolous activities and not a matter for the courts.
However, non payments are bad for biz, so not usually resorted to by the bigger firms.
Hey, I don't make the rules !..-g-
Usually a big win was given the red carpet treatment, and hailed far and wide.
No cameras, steel bars, or alarms in those days. We only dealt in hard cash, as cheques, credit cards, etc was regarding as bad form indicating the customer had a gambling problem. For the same reason the door onto the street was always kept closed as not to advertise gambling which was frowned upon in official business circles.
If anyone was silly enough to rob the bookie, (we were on strict instructions not to interfere), the security department would look into things.
Things may have moved on since then, but not as far as I know.
Thanks for the heads up on "Betfair" though. My gambling at the bookies is definitely frivolous , and for entertainment purposes only. That's as it should be. If the bookie runs off with my money in a win I would laugh. Sure, I would be lodging a complaint to the "Turf Courts" (an informal process amongst the major bookies), but I would abide with their decision. There really would not be a choice in the matter.
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