Peter retweeted
Following the inspection, due to heavy fog racing has been abandoned
Peter retweeted
Regarding punting horses, which is all I can comment on, and must add itās not every firm, but itās got to be said chaps (bookies) itās becoming like the Wild West re getting paid, youse are using a very thin line between compliance and out and out theft with peopleās winnings, this is a classic saying but has stood the test of time āit takes two to make a betā and can be called off if you both agree, but some bookies have taken welching to a new level. As many of you know Iāve been around a long time, and back in the day admittedly there was a few strokes pulled by punters ie slow count etc, but on the whole it was all done on massive trust, and it worked. But the stroke pulling has been flipped completely the other way, it is the bookies now pulling the strokes, being as I do speak to many in the industry on a daily basis I hear stories, sadly Iām simply not shocked anymore, itās very sad that the industry Iāve grown up in is now letting itself down and Iām afraid to say in very embarrassing situations, the firms who I looked up to as a wet behind the ears young man with such envoy wishing I could have worked for them are basically stealing and even more sadder they appear to have no shame. I donāt want to mention names which was the reason my interview with @SimonNott was massively edited, due to me naming and shaming. But it needs to change chaps, senior members of staff who understand the facts of a bet need to speak with the people running these firms, who appear to have little knowledge of the integrity and trust you once had, that this is not how we should be doing it. Please donāt lose your honour, as an industry youāve got enough to deal with, you/we donāt need it in the public domain court cases happening on a daily basis where you mainly settle on the steps of the court basically admitting your guilt. This game is unique in trust or it seems it was, it seems unbelievable that 20 yrs ago, that if you had a bet on the Monday and the horse got beat youād get the bill two weeks later and you paid it or of course vice versa, now it seems if you should back a winner and you had the audacity to beat the SP which seems the ultimate cardinal sin, there will then be an investigation into your family tree, going over your election roll, looking through your Facebook account, or maybe you bought a dog from someone who had some puppies and someone who bought a puppy was once a winning customer whose been sacked, so you obviously put the bet on for them (not the puppy) so you then ask for their bank statements ( not the puppy of course) in the hope you can link them up thus giving you an excuse not to pay. You get my drift chaps. Donāt let yourselves down, believe me I know what Iām talking about it looks terrible on your part. Also Iām not talking from a personal experience , Iāve written this as a lad I know as been done for a few quid, the amount that wonāt change either of the parties lives, and if anyone in one of these departments wants to justify these decisions then be my guest to reply, I doubt very much anyone will
Peter retweeted
Affordability checks and AML actions need to cease on British gamblers
The treasury rates money laundering as 'low' in gambling. The GC has weaponised it to reduce gambling participation
The gambling commission should recognise this and decrease from punishing people for withdrawing their money and redepositing
Replying to @mindmodeller @nickluck
IMO growing the pie should come from:
1. Genuinely frictionless affordability.
2. Modern promotion.
This could be funded by a comprehensive levy across all online betting and gaming
Peter retweeted
Trading in Financial markets is the great leveller.
I've taught thousands of people indirectly via Video Programs and hundreds of people directly in person via formal Mentoring Programs. Informally also at Investment Banks & Hedge Funds.
There is a correlation between intelligence and results but not the way you think it works. There is a minimum IQ threshold of 90. If you're below 90 you're going to struggle. No matter what. There is no "maximum" IQ BUT ive found that over 130 weaknesses and blind spots start to become apparent. Over 140 they become much more pronounced.
I've seen the smartest academic guys crumble and implode and struggle to even make money from the outset.
Ive seen average IQ guys do very very well.
Ive seen +1 STD guys become incredible traders.
In my 30 year career, the sweet spot seems to be an IQ range of 110-125 with a consistent strong work ethic, no entitlement, an ability to stay objective, a focus on the numbers and never to be emotional / resentful.
The 130+ guys need to learn how to manage their entitlement, work ethic and emotion, just like everyone else. But they find it more difficult. Why? because they've never had the harsh lesson of constantly being wrong and having to get back up repeatedly after being punched in the gut, over and over and over. A lot of them just can't accept it and retreat to their comfort bubbles where people tell them they're "smart" all day.
.., and if you think im being resentful towards smart people think again. Im comfortably over 130 IQ. I had to learn all that myself over many years.
Everyone has their own struggles in life and in trading. BUT in trading the patterns are very apparent and predictable as a Mentor when we encounter a new students personality and psychological profile.
It is teachable. But there are limits. Assuming a minimum level of intelligence, the student has to overcome those limits themselves.
Peter retweeted
Please does anyone know of any job vacancies please? Social media manager roles, blog content, anything. I have a wife and two kids and Iām desperately in need of employment. Being self-employed, things can change in an instant and I need to provide for my family. I have applied for hundreds of jobs and I have constantly been messed about. Because of things changing dramatically, the stress is immense. Please help, I can pass over my CV.
Peter retweeted
Forget the ideological argument over betting shops as Andy Burnham isn't going to abandon his populist sound bytes any time soon. Thereās one Q that matters here - will higher MGD actually increase Treasury revenues once betting shops close and activity disappears? The answer is no. A tax that shrinks its own tax base is economically illiterate - and as Martin Cruddace says here, Horse Racing will be collateral damage.
š£ļø "Be careful what you wish for"
Martin Cruddace, CEO of Arena Racing Company, joins Oli Bell on The Opening Show to discuss the Betfred St Leger, Doncaster Racecourse and governance of gambling in the UK.
#TheOpeningShow | @olibellracing

This media is unavailable
Peter retweeted
Following the result of the inspection, R2,3, 5 and 6 are abandonment. R4 on the straight will go ahead as planned at 4:00.
An Inspection is being held @ThirskRaces after race 1, due to a horse slipping on the bend.
Peter retweeted
I donāt always agree with @Sjopinion10 but he is šÆ spot on here
The "No.1 league" is just an overhyped La Liga where 2 clubs run the show because financial rules stop the rest from competing š¤
#NUFC #AVFC #NFFC #EFC
High street betting shops in Great Britain rose slightly to a peak of ~9,100 around 2012, then declined steadily. FOBT stake cuts (2019), the pandemic and the shift online drove sharper falls. Numbers are now around 5,500 and still dropping. Data compiled from Gambling Commission returns and industry reports.
Peter retweeted
Leftoids in one tweet.
Replying to @Qamz19
Drugs and Alcohol actually provide something.
Gambling literally just rips people off, provides absolutely nothing.
Peter retweeted
Good article this, you can only run away for so long, bribe and threaten so many people and commit so many crimes before it catches up with you⦠even the most protected in the mafia get it in the end
newrepublic.com/article/1592ā¦
#marinakis #nffc
Peter retweeted
Your brain is designed to protect you, not make you money. It will defend your ego, justify bad decisions, and avoid admitting mistakes. Successful traders learn to recognise these instincts and override them.
Peter retweeted
Whether youāre a fan of your MP or not, keep bombarding them about the ridiculousness & dangers of affordability. Mine submitted a written question & received a response (link below) due to my pestering. The response is pretty stock, but keeps pressure on questions-statements.parliamā¦
Peter retweeted
Where does racing belong, Andy?
Let me say this very directly.
I live very close to you. Or I did until you got power. Donāt be a dunce, do your happy people high five act and not give one about the second most spectator sport in the country.
Stop high-fiving the lunatics who want to ban everything. Come racing. I know youāve been to Haydock, but donāt take a big dump on our sport from some Quango led Neanderthals who like to tell others how to live their life.
Let me say this very directly.
Football does not belong to investors. It belongs to the people who fill the standsĀ and who stand on the touchline week in, week out,Ā rain or shine.
The World Cup is not a product. It is the greatest competition in world sport, and it was never anyone's to sell. Dress the deal up however you like. Once you have sold a piece of it, you have sold out.
Football belongs to the fans. It always has, and it always will.
Peter retweeted
My last speech this term, asking for some perspective in a mini-moral panic debate which called for yet more state intervention to stop young people gambling. I couldn't resist calling out the misuse of stats and the conflation of children and young adults. I was not at all popular in a rather puritan group of Lords. No change there. Oh well, a Westminster-free summer beckons. Phew.
Peter retweeted
I think the Prime Minister @andyburnham is basically saying HE likes a drink at the pub, but HE doesnāt like a bet. Far too many MPs want to ban things THEY donāt like that, and make things compulsory that THEY do like. Betting shops are a key part of a working class community.
Who has determined that pubs are social good and bookies are social harm? And why?
Pubs sell alcohol and generally unhealthy food. And gaming machines. People meet for a chat, a pint, play the fruity and a smoke outside. While eating chips.
Bookies sell bets a gaming machines. People meet for a chat. Theyāre not allowed to drink alcohol and they donāt sell processed food.
What makes one social harm and one social good? And why is it not the other way around?
Peter retweeted
I've been trading for a LONG time. If I'd listened to the sceptics, I'd have missed out on the opportunity of a lifetime. It's taught me to pursue my goals for my reasons and not pay too much attention when people don't understand. That idea you have could be life-changing!


























