Betting on F1

Author
Discussion

JohnMcL

Original Poster:

124 posts

79 months

Thursday
quotequote all
How is this going to go down? Will Liberty see itself as included or exempt in the UK? Quotes from BBC News.
The Remote Gambling Association (RGA), which includes Bet365, Ladbrokes and Paddy Power, has struck a deal to stop adverts during live sports broadcasts.
Horse racing will be exempt from the restrictions - given the commercial importance of gambling on its viability - but all other sports will be included.
The deal follows extensive talks between firms - also including SkyBet, Betfred, Betfair, Stan James, Gala Coral and William Hill - to ensure no adverts will be broadcast for a defined period before and after a game is broadcast.

sgtBerbatov

804 posts

17 months

Thursday
quotequote all
JohnMcL said:
Horse racing will be exempt from the restrictions - given the commercial importance of gambling on its viability
Because quite frankly, unless you get a kick from statistics, Horse Racing is more boring than watching Magnolia paint dry in the dark without betting. But that's by the by.

From my understanding, the advertising is to stop during live matches. That to me means that you could still see them before and after the match. Plus, really, unless you're watching ITV versions of F1 there'll be no gambling adverts during the race.

StevieBee

6,974 posts

191 months

The RGA deal applies only to the UK.

F1 is a global sport. Many other countries, notably China, are avid gamblers and Liberty's ambition is to expand interest in those markets that are currently dominated by gambling-centric sports.

Likes Fast Cars

2,547 posts

101 months

Wonder when dodgy deals and race result fixes will happen .... oh yeah, Alonso has gone so less chance of that now.

StevieBee

6,974 posts

191 months

Likes Fast Cars said:
Wonder when dodgy deals and race result fixes will happen .... oh yeah, Alonso has gone so less chance of that now.
I think it unlikely that wins and top threes will be affected by this. Where it could crop up is on those sorts of bets that offer odds on the first driver to crash out on what lap and similar.
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Kraken

590 posts

136 months

I've been betting on F1 for years via Betfair.

abzmike

656 posts

42 months

The ban is on TV adverts during an event - Whistle to whistle in football for example. As there are no ad breaks in F1 it won't have any effect. I don't think there is any suggestion short (or car) betting company sponsorship is to be banned - Half the teams in the PL and Championship have gambling shirt sponsors.

turbomoped

461 posts

19 months

Pretty much all liberty have brought to f1 so far. Take advantage of weak willed people with addictions. Makes Bernie look like a saint.