Gbets - really ???

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2 days 12 hours ago #770756 by Frodo
Frodo created the topic: Gbets - really ???
Usually I'm not one to engage in discussions about betting firms - but I thought I'd just highlight the incompetence of this lot.

I can't even remember how I managed to have an account with them (I think I might have won some competition in which part of the prize was an account with Gbets) - anyway I managed to somehow keep my account balance positive and yesterday was interested to see that they still offer a 'rolling double' - I took a double perm (on their website) on the 7th and 8th at Turffontein - and 'won'.

However, by this morning, this bet still showed as 'unsettled' - when I asked them, I was informed (after a while) that the bet had 'no dividend' and that my stake has been refunded.

The agent could not explain why the bet was offered in the first place - problem with the 'system' :silly: :lol: :ohmy: :evil:

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2 days 12 hours ago #770757 by Muhtiman
Muhtiman replied the topic: Gbets - really ???
.....was this the daily double originally offered by the tote.....:huh:

My idea of "help from above" is a sniper on the roof
and a higher power is a hell fire missile armed drone.

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2 days 12 hours ago #770758 by Bob Brogan
Bob Brogan replied the topic: Gbets - really ???
So they can’t settle the double at fixed odds ?

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2 days 12 hours ago - 2 days 12 hours ago #770759 by Frodo
Frodo replied the topic: Gbets - really ???

Muhtiman wrote: .....was this the daily double originally offered by the tote.....:huh:


I think so - and somehow they failed to take it off their Betting Menu :huh:

In fact, they are offering a double bet on all races from Fairview today :dry:
Last Edit: 2 days 12 hours ago by Frodo.

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2 days 12 hours ago #770760 by Frodo
Frodo replied the topic: Gbets - really ???

Bob Brogan wrote: So they can’t settle the double at fixed odds ?


Nope, they are not willing to do that - just returned my stake .... after I alerted them to the fact that the bet still showed as 'unsettled'

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2 days 12 hours ago #770761 by fingers
fingers replied the topic: Gbets - really ???
so, winners complain and get stake back

--losers don't complain and gbets pockets the money?

Ignorance doesn't kill you, but it makes you sweat a lot.

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2 days 11 hours ago #770765 by Muhtiman
Muhtiman replied the topic: Gbets - really ???

Frodo wrote:

Muhtiman wrote: .....was this the daily double originally offered by the tote.....:huh:


I think so - and somehow they failed to take it off their Betting Menu :huh:

In fact, they are offering a double bet on all races from Fairview today :dry:


......so when TAB/tote f@ck @p and do not declare a dividend the bookie offering the open bet refund, makes sense but why was no dividend available fro the geniuses at the tote....:huh:

....how are Gbets going to offer a payout if on fixed doubles if they are taken as perms.....does G bets have a software program to do the multiple permutation calculation for this bet.....:dry:

My idea of "help from above" is a sniper on the roof
and a higher power is a hell fire missile armed drone.

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2 days 11 hours ago - 2 days 11 hours ago #770766 by naresh
naresh replied the topic: Gbets - really ???

Muhtiman wrote:

Frodo wrote:

Muhtiman wrote: .....was this the daily double originally offered by the tote.....:huh:


I think so - and somehow they failed to take it off their Betting Menu :huh:

In fact, they are offering a double bet on all races from Fairview today :dry:


......so when TAB/tote f@ck @p and do not declare a dividend the bookie offering the open bet refund, makes sense but why was no dividend available fro the geniuses at the tote....:huh:

....how are Gbets going to offer a payout if on fixed doubles if they are taken as perms.....does G bets have a software program to do the multiple permutation calculation for this bet.....:dry:


Only one bookmaker that I know of in South Africa offers fixed multiple permutations from sport to horse racing and can be taken for a percentage as well.
Last Edit: 2 days 11 hours ago by naresh.

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2 days 11 hours ago #770767 by manwatweet
manwatweet replied the topic: Gbets - really ???
If there is a bookie offering roll on fixed odds double perms, I will bet with them.......... According to the guy on TT it is a boring bet to take.

As jy dom is moet jy slim wees

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2 days 10 hours ago #770780 by Frodo
Frodo replied the topic: Gbets - really ???

Muhtiman wrote:

Frodo wrote:

Muhtiman wrote: .....was this the daily double originally offered by the tote.....:huh:


I think so - and somehow they failed to take it off their Betting Menu :huh:

In fact, they are offering a double bet on all races from Fairview today :dry:


......so when TAB/tote f@ck @p and do not declare a dividend the bookie offering the open bet refund, makes sense but why was no dividend available fro the geniuses at the tote....:huh:

....how are Gbets going to offer a payout if on fixed doubles if they are taken as perms.....does G bets have a software program to do the multiple permutation calculation for this bet.....:dry:


TAB does not currently offer the bet - only the 'Daily Double' on 2 specific consecutive races (on a 9 race program I think the 6th and 7th - and on an 8 race program I think the 5th and 6th) - therefore they won't be declaring dividends on any other 'rolling double' ; so imo they are not to blame (apart from the opinion held by many that they are actually shooting themselves in the food as far as turnover by having discontinued the 'rolling double' bet)

However for some reason it seems as if Gbets never caught on to this - and still offer these 'rolling doubles' on ALL races - sorry for you if you take a losing bet - but if it is a winning bet AND YOU QUESTION them as to why the bet remains in an 'Unsettled' status, they return your stake :ohmy: , most likely reason being that their 'system' can't handle the multiple permutation calculation

Imo Gbets should remove the 'Rolling Double' option from their Betting Menu (apart from the races where the 'Daily Double' is offered by TAB) - because as it currently stands, for a punter to take the bet can at best only result in your stake being returned - the same scenario (with a lot more risk) as the R1.00 Place Dividend
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2 days 10 hours ago #770782 by Muhtiman
Muhtiman replied the topic: Gbets - really ???
.....oh now I get it.....they just leave these bets on their portal because either they do not know the tote/TAB scrapped the race to race double.....or they are too slap gat to remove it....or it is there for unsuspecting people (sorry Frodo) :blush: : to fall into....I wonder how an organisation like this got to sponsor the Summer Cup.....:huh:

My idea of "help from above" is a sniper on the roof
and a higher power is a hell fire missile armed drone.

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2 days 10 hours ago #770783 by durbs
durbs replied the topic: Gbets - really ???
The bet is unavailable so winning or losing bets should all read unsettled.
I'm not an account holder so can't take a bet with them,but maybe someone can try taking two big outsiders in each race (just for a buck maybe) and hopefully lose and see if they actually take your money or if the bet comes up as unsettled.

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2 days 9 hours ago #770785 by Frodo
Frodo replied the topic: Gbets - really ???

durbs wrote: The bet is unavailable so winning or losing bets should all read unsettled.
I'm not an account holder so can't take a bet with them,but maybe someone can try taking two big outsiders in each race (just for a buck maybe) and hopefully lose and see if they actually take your money or if the bet comes up as unsettled.


I took 2 doubles yesterday - My 'losing' double has a status of 'Lost' - and my 'winning' double now has a status of 'Void'

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2 days 9 hours ago #770789 by durbs
durbs replied the topic: Gbets - really ???

Frodo wrote:

durbs wrote: The bet is unavailable so winning or losing bets should all read unsettled.
I'm not an account holder so can't take a bet with them,but maybe someone can try taking two big outsiders in each race (just for a buck maybe) and hopefully lose and see if they actually take your money or if the bet comes up as unsettled.


I took 2 doubles yesterday - My 'losing' double has a status of 'Lost' - and my 'winning' double now has a status of 'Void'


That's daylight robbery.
So you win they give you your money back and if you lose they keep your money?
Make a big fuss about it Frodo,that's fraudulent practice,go to the gambling board if you can.
They need to give back everyone's money they kept from these bets as there was no way they could lose anything only gain.
I bet they know exactly what they are doing.
The bet hasn't been available for weeks now,wonder how much money they have made off this?
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2 days 9 hours ago #770792 by Lionel
Lionel replied the topic: Gbets - really ???
Unethical business practise of the highest order. I would close down my account with them immediately if I had one.

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2 days 9 hours ago #770797 by Sylvester
Sylvester replied the topic: Gbets - really ???
All these little things are eating away at the sport of horse racing.
I cant see people throwing there money into a sport that is having more and more issues by the day.
This time next year HORSE RACING will be a much smaller entity in SA.

I would report GBETS to the gambling board have their licence revoked.

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2 days 9 hours ago #770798 by Muhtiman
Muhtiman replied the topic: Gbets - really ???
.....well done Frodo....playing Possum and like some one else.... also a test dummy....another curious cat that has exposed a little con ......well played....had you told the full account in your initial post no one would have went along....I checked their site saw the daily double for today and dismissed it as a lurk....dont be that coy what an expose...wonder what G Bets are gonna say.....:whistle:

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2 days 9 hours ago - 2 days 8 hours ago #770800 by Bob Brogan
Bob Brogan replied the topic: Gbets - really ???
Oh Geez...

Settling your losing bet as a loser is far worse than not paying your winning bet imo grrrrrrr

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Last Edit: 2 days 8 hours ago by Bob Brogan.
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2 days 7 hours ago #770809 by durbs
durbs replied the topic: Gbets - really ???

Bob Brogan wrote: Oh Geez...

Settling your losing bet as a loser is far worse than not paying your winning bet imo grrrrrrr


Ethics Bob.
They knew after the first day when the bet wasn't available that they didn't pay out the winners as the bets would be unsettled or void.
Why then did they still let people take bets knowing that they wouldn't pay out if they won but would keep the punters money if they lost?

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1 day 12 hours ago #770861 by Muhtiman
Muhtiman replied the topic: Gbets - really ???
.....now see that they dropped those race to race doubles like a hot scone......maybe someone messaged them and told them that they were conning punters and there was going to be consequences......:ohmy:

My idea of "help from above" is a sniper on the roof
and a higher power is a hell fire missile armed drone.

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