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Author Topic: They will find someone to blame for their mistakes  (Read 394 times)
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June 19, 2024, 09:49:03 PM
 #1

There was a topic that was posted on gambling discussion not quite long about British Prime Minister bodyguard arrested for election date bet. If I understood it, people are to bet on the day the election date would be.

People can bet on Miss World, Election, Sports and other events that it is not someone that fixed the result or set the date. I have not heard of this kind of bet before until today.

Some people posted that such people like the bodyguard should not be allowed to bet on the date of Election but what if he told someone to help him out and the money will be shared? Or is something like this can not be manipulated? If you know what would be the result of something, you can do one or two or more manipulation with that thing.

I think betting sites should not be allowed to include such bet. They should not just only be blaming the man. I see the betting site faults also. Why making people to bet on a result that someone set?

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June 19, 2024, 09:55:56 PM
 #2

One of the main reasons on why i dont really tend to make up some bets whether on a Presidential election or with those notable or known events on which it could really be something manipulated
but we do know and been seen that there are really that those people who would really liking to make up some bets and would really be pushing through into those things despite of
possible manipulation. Well, this isnt something that could really be done obviously on which people would really be that still believed that it wasnt manipulated.
For those platforms who do really open up those betting lines then there's nothing we can do about it, if they would see that theres a demand then of course they
would really be normally be grasping out the opportunity to make money which business will always a business.  Grin

R


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June 19, 2024, 10:10:00 PM
 #3

I think betting sites should not be allowed to include such bet. They should not just only be blaming the man. I see the betting site faults also. Why making people to bet on a result that someone set?

Betting sites wouldn't care as long as they make money, that's the main purpose of their business. And besides, what's the difference of elections and sports, still no one knows the outcome, even the candidate does not know if he will win or not, and since it's based on probability, bookmakers will also make an odds accordingly, so it doesn't matter if one candidate has a huge chance of winning as they'll just assign an odds like 1.05 while the other side gets to be the heavy underdog.

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June 19, 2024, 10:15:10 PM
 #4

It is difficult to bet if the bettor is one of the two people who already know who will win the presidential election. You have no chance of winning betting with him, for sure. Apparently, if you are not betting, it is immediately controlled by the person who will bet with you.

And if he has something to say, he will just let you ride to make a bet with that person, but there is someone behind this fight who is another person, so the ending is that you still lose because he controls your fight.



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June 19, 2024, 10:25:15 PM
 #5

There was a topic that was posted on gambling discussion not quite long about British Prime Minister bodyguard arrested for election date bet. If I understood it, people are to bet on the day the election date would be.

People can bet on Miss World, Election, Sports and other events that it is not someone that fixed the result or set the date. I have not heard of this kind of bet before until today.

Some people posted that such people like the bodyguard should not be allowed to bet on the date of Election but what if he told someone to help him out and the money will be shared? Or is something like this can not be manipulated? If you know what would be the result of something, you can do one or two or more manipulation with that thing.

I think betting sites should not be allowed to include such bet. They should not just only be blaming the man. I see the betting site faults also. Why making people to bet on a result that someone set?
In trading, that might be accused of insider trading if you have an idea on what's coming. I'm not sure if that's really possible to know about the results of the election prior to the election date. If there's a manipulation, it's really hard to get along with it and might just avoid bets like those. And with these body guards, it doesn't matter whether you'll use the money for good purposes or you'll split it into half with your mates or give it to the poor or to the bookies. The thing is, you shouldn't do that when you're employed by a politician and you're going to bet with or against them. It's just all about your respect and dignity when you do so like the staff of a club that have bet against his own company and team.

And this is not a problem for the bookies, they can list any odd thing that they want to put for people to bet with. Everything today seems to have some bets on it and be gambled upon on.

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June 19, 2024, 10:33:53 PM
 #6

I think betting sites should not be allowed to include such bet. They should not just only be blaming the man. I see the betting site faults also. Why making people to bet on a result that someone set?
I don't understand why betting sites should not be allowed to include betting options like this or why they should be partly blamed for the actions of an individual. the guy is the one who tried to cheat(allegedly, since the investigation is still ongoing) and got caught, he alone should be blamed for it.

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June 19, 2024, 10:56:47 PM
 #7

If their a law prohibiting this then it is a crime but I don't think there is which is why betting sites allow it. But what makes it interesting is the person who makes a bet which is the bodyguard and people think there will be a possible manipulation that may happen just to win. If that person is not close to the government officials, I don't think that gets attention.

In this situation, the sites should take the blame as these individuals don't place a bet if there is none.
This involved money and it was not good to look at.
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June 19, 2024, 11:03:18 PM
 #8

There was a topic that was posted on gambling discussion not quite long about British Prime Minister bodyguard arrested for election date bet. If I understood it, people are to bet on the day the election date would be.

People can bet on Miss World, Election, Sports and other events that it is not someone that fixed the result or set the date. I have not heard of this kind of bet before until today.

Some people posted that such people like the bodyguard should not be allowed to bet on the date of Election but what if he told someone to help him out and the money will be shared? Or is something like this can not be manipulated? If you know what would be the result of something, you can do one or two or more manipulation with that thing.

I think betting sites should not be allowed to include such bet. They should not just only be blaming the man. I see the betting site faults also. Why making people to bet on a result that someone set?

This type of bet has the same problem that occurs in the stock market, for example, there will always be someone with privileged information who can obtain an illicit advantage by using this information.
However, in the stock market, there are some regulatory bodies that are always watching this type of movement, and obviously those who have this privileged information cannot participate in the purchase/sale of shares.
However, it is very difficult to prevent these people from selling the information to others (illegally, obviously).

So, if this type of crime already exists in a highly regulated market, it will certainly exist even more when we talk about online bets where there is practically no one supervising this.

In fact, the best thing we can do is simply not to bet on this type of event.

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June 19, 2024, 11:08:03 PM
 #9

I think betting sites should not be allowed to include such bet. They should not just only be blaming the man. I see the betting site faults also. Why making people to bet on a result that someone set?
There are gamblers that do enjoy and have for n with those categories of bet and they would have a conflicting perspective about your thought on this, and for the betting sites their business is to get involved into any form of betting that will roll in money for them and addition to the fact  there are people that are ready to participate despite it's outcome not fairly free from  manipulation.

It's not as if the people that bets about the outcomes of any of these trending events are unaware of  it been set-up by an individual figure or a group of persons, which is why I don't see how's that a fault of betting sites that are out to doing business and make profits. The only time those bet sites that allows those options on their platform will be willing to stop is when people no more places interest on them.



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June 19, 2024, 11:13:41 PM
 #10

~
I mean, it's their choice to host the bet. So whatever losses they'd incur would be theirs.

I indeed thought about just telling someone else about what they heard about when the election (or anything else related to that event) would happen (aka something like the winning combination), but then again they probably have laws around that, same with the one you posted OP where the bodyguards (or probably anyone related) aren't allowed to bet.

We'd probably need some specifics since I'm assuming the casino that hosts the bet is government-owned/related since, well, the bet here is about election dates after all. That's just my assumption though, otherwise, it'd be indeed weird and well, too much of a loss for the casinos themselves because of the possible loopholes.

R


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June 19, 2024, 11:58:28 PM
 #11

It is the equivalent of inside reading but applied to betting. And I tend to agree those bets are not supposed to be in the market as much as there are bets on sports, since matches of football or baseball are unpredictable and nobody actually knows the outcome.
When the result of such event is in the hands of one or two people who could perfectly create a casino account to perform "inside betting" then we are in the presence of a problem.
Either casinos start to exclude those very specific markets from their platforms or the start to filter the users who can place bets on those events, so they can make it harder for the insider to take advantage of his privileged information, the latter would be more difficult and costly to any casino, so I am afraid most of the casinos and betting platforms will opt to restrict their markets.
It is a very controversial topic indeed, and I could even argue it is illegal in some jurisdictions.

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June 20, 2024, 12:56:58 AM
 #12

(....)

I think betting sites should not be allowed to include such bet. They should not just only be blaming the man. I see the betting site faults also. Why making people to bet on a result that someone set?
We must also blame the betting platform here because why they allow a user to do this, they must be strict about it.
Another worst thing if what if this guy that put a bet is only being told by someone. For sure this guy is also responsible for it, it's like he knows that it is illegal.
Overall for me, the guy who puts bet is the primary suspect here, it's impossible that he don't know that it is illegal.

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June 20, 2024, 01:55:05 AM
 #13

If it's listed on a betting website then I bet they think making profits out of it is possible. If the results are already set, then why is it still listed? It will be a loss for the business itself so it just means there will still be people who will bet for the opponent, especially his supporters.

What is to be allowed or not will be pretty difficult to pinpoint if you are the owner of the gambling site. You will have to check every account that will bet for that candidate. And what if the bettor did not even pass a KYC? I am sure he can still make a bet without passing it with some gambling sites and can even withdraw it as long as he doesn't hit the floor where the KYC must be submitted.

Blame game. The sports industry uses its own individual associations to pinpoint players who gamble for either their team or their opponent and that could lead to being banned from the sport. They can do that, so why not with the candidates for a certain government position?

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June 20, 2024, 03:52:25 AM
 #14

If that bodyguard asks other people to place his bet on the date of Election, that will not be a problem because he is not place a bet. He only use other people hands to bet but that depends on that person. If he doesn't wants to involved in the bet, he doesn't need to bet instead just do what his job.

He can not knows who will wins the Election so even if he asks someone to place a bet for him, he is not guarantee to wins. Betting site just gives the bet to people and lets them to place their bet. Betting site will created a new bet if they thinks that is interesting for people to place the bet.

It is easy to finds someone to blame for their mistakes. That is normal because many people do that and they don't feels anything about that. They will do that again and again without any feeling.



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June 20, 2024, 04:15:15 AM
 #15

If that bodyguard asks other people to place his bet on the date of Election, that will not be a problem because he is not place a bet. He only use other people hands to bet but that depends on that person. If he doesn't wants to involved in the bet, he doesn't need to bet instead just do what his job.

I’m not well versed on the British election most importantly on what information that a bodyguard holds since typical election usually done through voting which the results is uncertain unless the vote already casted.

What he did is still wrong if there’s terms on his work which they are not allowed to place a bet on the election even though he use same hand since the money is still from him. If this kind of behavior is allowed then he shouldn’t have a problem even if he disclosed what he did in the public.

This is same scenario when someone is restricted to play in the casino and use someone account just to play the bet.

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June 20, 2024, 05:20:43 AM
 #16

There was a topic that was posted on gambling discussion not quite long about British Prime Minister bodyguard arrested for election date bet. If I understood it, people are to bet on the day the election date would be.

People can bet on Miss World, Election, Sports and other events that it is not someone that fixed the result or set the date. I have not heard of this kind of bet before until today.
Me neither. I mean we, voters, often speculate on the possible date due to schedule and whatnot but I have never heard of anyone turning it into a bet.
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Some people posted that such people like the bodyguard should not be allowed to bet on the date of Election but what if he told someone to help him out and the money will be shared? Or is something like this can not be manipulated? If you know what would be the result of something, you can do one or two or more manipulation with that thing.
This bodyguard is obviously within the area of where most confidential files would be. He would also have opportunities to overhear many important people talking about these kind of things so yes he definitely has an advantage.
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I think betting sites should not be allowed to include such bet. They should not just only be blaming the man. I see the betting site faults also. Why making people to bet on a result that someone set?
An election date is important to be announced to all candidates all at the same time. Knowing beforehand will give a candidate more time to plan his or her campaign and could even tamper with related tools to be used on the day of the election. This kind of betting is dangerous especially if you work for a government institution or anything that deals with politics.

However I dont see anything harmful if normal citizens were to bet on it. It is definitely the man's fault to getting involved in such a bet.

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June 20, 2024, 06:28:32 AM
 #17

I think allowing bets on events like election dates, which can be known or influenced by individuals, poses a significant ethical issue. The bodyguard's actions were certainly inappropriate, but the responsibility also lies with the betting sites for offering such options in the first place. Allowing bets on events that can be manipulated undermines the integrity of both the betting industry and the events themselves. Betting sites should be more cautious and responsible about the types of bets they offer to prevent such issues from arising.

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June 20, 2024, 06:40:10 AM
 #18

And this is not a problem for the bookies, they can list any odd thing that they want to put for people to bet with. Everything today seems to have some bets on it and be gambled upon on.
It is human being that will set the date of the Election and not what that will occur naturally like other things that people bet on the betting sites. This type of bet should not exist. Government supposed not to arrest that man. But the gambling site should not pay him his winning if he knows about the date.

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June 20, 2024, 06:49:04 AM
 #19

There was a topic that was posted on gambling discussion not quite long about British Prime Minister bodyguard arrested for election date bet. If I understood it, people are to bet on the day the election date would be.

People can bet on Miss World, Election, Sports and other events that it is not someone that fixed the result or set the date. I have not heard of this kind of bet before until today.

Some people posted that such people like the bodyguard should not be allowed to bet on the date of Election but what if he told someone to help him out and the money will be shared? Or is something like this can not be manipulated? If you know what would be the result of something, you can do one or two or more manipulation with that thing.

I think betting sites should not be allowed to include such bet. They should not just only be blaming the man. I see the betting site faults also. Why making people to bet on a result that someone set?
Yea, the bodyguard shouldn't have bet or try to manipulate his winnings using a totally different person. This act exhibited by the bodyguard is not different from some WWE fighters who bet against themselves to lose so they'll grab the money. It is also weird to me that people actually bet on election date, I mean this is something that anyone close to a political leader would easily know. Such bets are easy, very easy to manipulate and this is one reason why the casinos and other betting platforms should exclude such bet options from their list, except they want to keep encouraging and paying cheats to use their casino. Arresting the bodyguard will not solve the problem, more cheats will still troop into casinos with first hand information at their disposal as long as weird betting options like this still exist.

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retreat
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June 20, 2024, 07:11:17 AM
 #20

We can't blame how the casino was able to post this bet, this is a fairly normal bet, but the only downside to a bet like this is that, it could be that people from the circle who know the results of the bet actually take part in the bet - because it could be users manipulate their work and the casino will not know about it. And people who participate in bets like this must understand such risks because they may experience injustice because some users already know from the start the outcome of the bet.

R


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