home | about us | contact | site map | credits | disclaimer | bookmark

Ladbrokes: unfair settlement offered for voided accumulator bet

Monday, January 18, 2010

Ladbrokes: unfair settlement offered for voided accumulator bet

According to the Daily Echo's Ladbrokes refuse to honour Southampton man's £7.1m winning accumulators article, a punter's successful accumulator bet on snowfall on Christmas Day was voided by Ladbrokes on the basis that the bet was placed in error, the subject matter not being valid for that kind of bet:

Standing in a bookmaker's, Cliff Bryant thought that a heavy snowfall had changed his life forever. Told by the cashier that his two accumulator bets had come in, Cliff was set to scoop £7.1m.

But his hopes were dashed when officials at Ladbrokes's head office told him that he was owed just a measly £31.78 – because according to the company rulebook this specific type of bet should never have been accepted. Now Cliff, from Shirley, Southampton, intends to seek legal advice.


Is Ladbrokes right here?

An accumulator bet is a multiple wager on independent events; the ultimate success of the bet depends on the success of each component part. If one part doesn't win, the bet is lost. If all parts win, the accumulator wins.

Examples of legitimate accumulators would be:

• Betting on the winner and the runner up in a horse race.

• Betting on all four winners over an evening of boxing matches.

• Betting on the top ten gold medalling countries in the Olympics.

These bets would be legitimate because each component part is independent, and as such the odds of no individual bet is affected by the outcome of any other.

To give an example: if Joe Glassjaw is 1:5 to win the first boxing match of the evening, his success or failure has no impact on the subsequent matches, and Jim Chinaskull's starting odds of 1:4 in the next contest will remain the same, all other things being equal.

An accumulator on these two fighters would have fair odds of the product of the two independent, individual bets: (1/6) X (1/5) = 1 in 30, or odds of 1:29.

Snow, however, is a different matter.

If it snows in Leeds, it'll very likely snow in Bradford, ten miles down the road.

Twenty five miles further out, in Barnsley, we're also looking at a touch of the white stuff.

As such, if the odds of snow in any of these given towns on any given day are one to five, the odds for snow in all three at the same time are moreorless the same. Not precisely the same, as there is the possibility that the snow is limited to a small area, but near enough. The odds are most definitely not the product of the odds of snow in each individual town, otherwise we'd be looking at odds of one in 216 for snow in three towns within a thirty mile radius!

To take an more extreme example: if the odds for snow are again 1:5, and you make an accumulator bet on snow falling on each of the twenty trees in your garden, you're looking at combined odds of one in 27,000,000,000,000,000 (27 quadrillion).

All of which should make the point that you cannot make accumulator bets on events whose probability is affected by the outcome of the other events in the bet without radically adjusting the odds.

However, Cliff Bryant was quite spectacularly successful, predicting snow in all twenty three towns covering a total distance of about 200 miles. Clearly, the odds for snow in all twenty three towns on the same day are not the same as the odds for snow in just one town - they are much less.

It's fair for Ladbrokes to not pay out the 7.1 million claim, the individual bets clealy being non-independent. However, they need to make a better offer than £30. If he had not achieved all 27 wins, he'd have lost the bet, Ladbrokes would have taken his fiver and the discussion would never have occured.

Ladbrokes needs to offer a settlement that is a fair reflection of the true odds of the bet.

This matter has received a lot of coverage; see also the Telegraph bookmaker refuses to give £7.1 million payout on 'banned' snow bet article, and Sandracer blog article The UK weather is not something I'd like to bet on, which arrives at a similar conclusion to mine via a different route; also, Its cold here, but not quite -10 from the BBC.

16 Previous Comments

Ladbrokes should be severely disciplined, and make a sensible offer to the individual who made the bet. As is said in this article, if he had lost half way through the accumulator, the question arises of whether they would have given him his money back.

The law is in Ladbroke's favour, but public opinion, the media, and gambling bodies should not be.

It seems quite likely that Ladbrokes may loose more money in lost trade than that which may have been paid to Mr Bryant.

However, I would not like to make a bet on it. Especially with Ladbrokes.

By Blogger Unknown, at 9:24 am  

Hi everybody! I don't know where to start but hope this site will be useful for me.
In first steps it's really nice if somebody supports you, so hope to meet friendly and helpful people here. Let me know if I can help you.
Thanks in advance and good luck! :)

By Anonymous Anonymous, at 11:07 am  

Ladbrokes took the bet. They should pay out on it. End of discussion.

By Anonymous Anonymous, at 4:44 pm  


I am new here..First post to just say hi to all community.


By Anonymous Anonymous, at 1:50 am  


i am trying to insert a pol intro this forum and i can't add the code from the page to this forum.
Is there a tutorial so i can add a poll?
i wan't to make a financial poll to know which services are better to apply payday loans or bad credit loans


By Anonymous Anonymous, at 2:13 pm  


I'm afraid it isn't relevant to the subject, which is bookmaker Ladbrokes, so I'd have to pass on authorising anything of that nature.

By Blogger 100% Gambler, at 2:15 pm  

hi everybody

I just thought it would be good to introduce myself to everyone!

Can't wait to get to know you all better!


Thanks again!

By Anonymous Anonymous, at 3:56 pm  

Hi people

I just wanted to say hi

Adios amigos

By Anonymous Anonymous, at 11:33 pm  

Hello there, hope you're well.

By Blogger 100% Gambler, at 11:35 pm  

Long time lurker, thought I would say hello! I really dont post much but thanks for the good times I have here. Love this place..

By Anonymous Anonymous, at 9:30 pm  

hi everybody

just registered and put on my todo list

hopefully this is just what im looking for looks like i have a lot to read.

By Anonymous Anonymous, at 1:03 am  

Hi Brothers

Appears like www.blogger.com could be a triffik forum for me
I am pleased to have stumbled upon it.

Who knows what happens next... All I know is: Assumption is the mother of all screw-ups. :


Anybody do Hula Hooping

Looking forward to a good long stay here!


By Anonymous Anonymous, at 2:28 pm  

This one is an inspiration personally to uncover out much more associated to this subject. I must confess your information extended my sentiments as well as I am going to right now take your feed to remain up to date on each coming blog posts you might presumably create. You're worthy of thanks for a job completely done!
You ought to really take into consideration working on growing this weblog into a significant authority in this market. You evidently have a grasp handle of the subjects everyone is searching for on this website in any case and you might definitely even earn a buck or two off of some advertisements. I might discover following current matters and raising the amount of write ups you place up and I assure you’d begin seeing some amazing targeted site visitors in the near future. Just a thought, good luck in no matter you do!
Just killing some in between class time on Digg and I discovered your article . Not normally what I desire to read about, however it was absolutely worth my time. Thanks.
IЎЇm delighted that I have noticed this weblog. Lastly anything not a junk, which we go through incredibly frequently. The web site is lovingly serviced and saved as much as date. So it should be, thank you for sharing this with us.
I wanted to thank you for this nice read!! I definitely having fun with every little little bit of it I've you bookmarked to take a look at new stuff you put up

By Anonymous Anonymous, at 10:43 am  

Well, I certainly appreciate your comments. Thank you.

By Blogger 100% Gambler, at 3:42 pm  

This is great! How did you learn this stuff?

By Anonymous Anonymous, at 3:08 pm  

Many thanks.

By Anonymous Anonymous, at 3:58 am  

Post a Comment

May 2005 | June 2005 | July 2005 | September 2005 | October 2005 | November 2005 | December 2005 | January 2006 | February 2006 | March 2006 | April 2006 | May 2006 | August 2006 | October 2006 | January 2007 | February 2007 | March 2007 | May 2007 | June 2007 | July 2007 | January 2008 | February 2008 | March 2008 | April 2008 | June 2008 | July 2008 | September 2008 | October 2008 | December 2008 | January 2009 | February 2009 | March 2009 | May 2009 | June 2009 | July 2009 | August 2009 | September 2009 | October 2009 | November 2009 | December 2009 | January 2010 | February 2010 | March 2010 | April 2010 | May 2010 | June 2010 | July 2010 | August 2010 | October 2010 | November 2010 | December 2010 | January 2011 | February 2011 | March 2011 | April 2011 | May 2011 | June 2011 | July 2011 | August 2011 | September 2011 | December 2011 | February 2012 | May 2012 | July 2012 | August 2012 | March 2016 | April 2016 | June 2016 | November 2016 | December 2016 | March 2017 | May 2017 | June 2017 | August 2017 | August 2021 | October 2021 | May 2022 | December 2023 | May 2024 | Atom feed
© 2005 hundred percent gambling


• Online casino news


• Turbo-charged blackjack practice game


• Another hack resolved


• Contact email change
• 16 years and counting


• Can't split 10s?
• Overbetting
• EV charts
• The IPCA
• Basic strategy master
• Back to the future
• Site hack


• Better comp value
• Pit bosses are a pest
• 32Red buys Roxy Palace
• Winneronline is gone
• Paradise Win Casino
• Blackjack simple strategy


• Court refuses Ivey winnings
• Phil Ivey versus Crockfords
• 32Red does the right thing
• Wizard Of Odds sold
• Gambling addict sues Ritz
• Better blackjack conditions
• FL: the beat goes on
• Phil Ivey and the Borgata
• LadbrokesFOBT profit
• Chat with the Met
• "Bonus abuse" and the Met
• Casino industry crooks.
• Debate to curb the FOBTs
• Labour idea to ban FOBTs


• Ruby Fortune: terms buried
• Royal Vegas: bad outcome
• Russia illegalises gambling
• RV: player breaks no rules
• Gib casinos and UK laws
• The GGC (GRA) useless
• BetFred rigged games 9
• BetFred rigged games 8
• Betfred rigged games 7
• BetFred rigged games 6
• BetFred rigged games 5
• BetFred rigged games 4
• Phil Ivey: is he entitled?
• BetFred rigged games 3
• Betfred rigged games 2
• BetFred: rigged games 1
•  UK GLA Act 2013
• 888.com and Facebook
• Crockfords denies Phil Ivey
• Bad dealers
• Betfair Blackjack test
• Playtech software update
• Cheap blackjack
• Hippodrome Casino


• The UK's FOBT addiction
• Conan Casino beware
• Intercasino misleading
• Fortune Lounge
• UK Gambling Commission


• Small Claims Court
• Gamcare
• Full Tilt Poker saved
• Full Tilt ponzi scheme
• Casino Barcelona
• Irakli Kacharava
• Betfair processor no pay
• Full Tilt licensing meeting
• UK Gambling Commission
• Full Tilt Poker investors
• Full Tilt license suspended
• Twitter
• Betfair resolution
• Casino Web Scripts 2
• 32Red bonus marketing
• Casino Web Scripts 1
• Poker domains seized
• eCOGRA independent?
• Easystreet Sports theft
• Betfair to Gibraltar
• Rigged blackjack 2
• Betfair responses
• Rigged blackjack
• 888.com theft
• Betfair poker problem
• UK gambling controls
• Harry Reid


• eWallet Xpress
• Kevin Stillmock
• Blog back up
• Betfair happy hour
• Ladbrokes bonus increase
• Absolute Poker tricks US
• Absolute Poker rigged
• Last position no difference
• Basic strategy simplified
• Online casino bonuses
• Righthaven LLC
• Ladbrokes bonus rules
• Malta LGA nonsense
• Purple Lounge theft
• UK affiliates issue
• Online casino problems
• GPWA code of conduct
• One Club Casino problems
• Rushmore theft resolved
• Realtime Gaming cheats
• Absolute Poker Ultimate Bet
• Rushmore Casino theft
• Ask gamblers service
• Intercasino bonus terms
• Profitting from poverty
• Gambling dooms UK to ruin
• Want To Stop Gambling
• Gambling Therapy
• Gordon Moody Association
• Breakeven
• Online gambling jobs
• Gamblock
• Gamble Aware
• Gamblers Anonymous
• Gamcare
• Video poker auto hold
• Gambling Wages help offer
• Blackjack double down
• Intercasino rules
• Tradition Casino warning
• Tradition Casino problem
• Be The Dealer
• eCOGRA approved casinos
• UK underage gambling
• iGaming Super Show
• eCOGRA reputable portals
• eCOGRA exposed
• Slots Oasis warning
• Slots Oasis problem
• HR 2267 comments
• HR 2267 proposed bill
• Search fully functional
• Gambling hearing delayed
• Betfair download blackjack
• Betfair blackjack
• The Federal Wie Act
• Casino Rewards warning
• Kahnawake dumps GP
• GP dumps Microgaming
• UK online gambling
• Gambling checklist
• Online casino problems
• Gambling Grumbles
• Casino Rewards
• Brian Cullingworth
• Casino Wager Tracker
• Grand Prive affiliates
• Jackpots Heaven Casino
• Kahnawake commission
• UK gambling problem
• eCOGRA and Grand Prive
• Bet365 misleading bonus
• Mastercard and Visa
• Online gambling rules
• 32Red sign up bonus
• Ladbrokes data theft
• Ladbrokes unfair settlement
• Palace group bonus rules
• Grand Prive and eCOGRA


• Blackjack in the UK
• Seminole Hard Rock
• The APCW and MG
• Sportsbook.com
• Slot beaters slot strategy
• Rushmore Casino theft
• Paddy Power affiliates
• Slots
• 888.com problem
• Neteller contest winner
• 888.com bonus problem
• Casino Club meeting
• Online casino directory
• 32Red debit card bonus
• Blue Square Casino
• Budapest Affiliate Expo
• Rushmore payment issues
• Modern Blackjack volume 1
• Eurolinx certain insolvency
• Buzzluck winnings theft
• PaddyPower removed
• 32Red lawsuit
• William Hill Casino Club
• Betfair video poker
• APCW underage children
• Odds page updates
• VP Genius
• Video poker page updates
• Blackjack page updates
• Progression page updates
• Single deck page updates
• Betfair Playtech license
• Cherry Red Casino
• Online gambling debate
• William Hill & Teddy Sagi
• Rogue casinos section
• Pontoon correction
• Microgaming poker scandal
• Casino Club confiscation
• Casino Club steals €8000
• Villa Fortuna Casino
• Grand Prive affiliate issue
• CAP and Cardspike 2
• Virgin Casino bad results
• CAP and Cardspike 1


• iNetbet removal from site
• Mario Galea and Malta LGA
• Cold Mountain Resort
• The AGCC
• Moneybookers privacy
• Virtual Casino rebranding
• Captain Jack Casino
• Royal Ace Casino
• Ringmaster Casino
• Catseye Casino
• Lucky Palm Casino
• Pharaohs Gold Casino
• Goldstream Casino
• Plantet 7 Casino
• Betfair bonus confiscation
• Malta LGA worthless
• The GIA
• Interwetten theft of £5000
• Lucky Ace winnings stolen
• The KGC and Absolute


• HippoJo Casino
• Microgaming All Aces VP
• Neteller issues
• Lou Fabiano responds
• Lou Fabiano selling stats
• Betfair Zero Lounge
• ICE 2007 brief visit
• RTG cancels ICE visit


• Crystal Palace Casino theft
• eCOGRA & Jackpot Factory
• English Harbour cheating
• Boss Media single deck
• Bella Vegas / Grand Prive
• The KGC worthless
• Gambling Federation
• Playtech sued
• Meeting Andrew Beveridge
• Playtech confirmed listing
• African Palace Casino
• G-Fed ICE discussion
• Playtech ICE meeting
• Playtech issues escalation
• Chartwell hands off


• Crystal Gaming silence
• Price Waterhouse Cooper
• Crystal Gaming flotation 2
• Vegas Frontier
• Crystal Gaming flotation 1
• Playtech public listing
• African Palace & Indio
• Kiwi Casino
• Rochester Casino
• G-Fed theft 2
• Warren Cloud best avoided
• Golden Palace stupidity 3
• Golden Palace stupidity 2
• G-Fed theft 1
• Golden Palace stupidity 1
• Russia online expansion
• Wan Doy Pairs Poker
• Microgaming CPU usage
• Net Entertainment RNG
• Cryptologic & William Hill
• Casino growth slow
• English Harbour paying
• Fraudster or not
• Blackjack surrender
• Integrity casino group audit