NSW online bookies told to accept bets from all punters

Online bookmakers in New South Wales in Australia will not be able to block successful punters after the state government confirmed its support for new guidelines obliging betting companies to accept any wagers that pay out Aus$1,000 (€670/$810) or less.

Racing NSW implemented the guidelines in September after receiving complaints from punters whose accounts had been restricted or frozen following a series of successful bets.

For larger bookmakers, the minimum bet limit will be as much as Aus$2,000.

The state’s gaming minister, Troy Grant, said that some online bookmakers had “refused to express unqualified support for the new minimum bet rules”.

Grant said: “It is not fair to have wagering operators profit from punter losses but then bar or restrict successful punters in the amount they can wager on any one bet.

“This is the same rule that applies to on-course bookies and maintains the integrity of thoroughbred racing.”

According to the Guardian newspaper, online bookmaker Sportsbet successfully defended its right to reject bets in the Victorian civil and administrative tribunal in December 2013.

source : www.igamingbusiness.com

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