Inactive Accounts with Bookmakers

[TimJames]

Hadn’t realised there were fees to pay for what bookmakers deem ‘inactive accounts’ until reading this piece from the online Guardian. Legalised thieving in my opinion
https://www.theguardian.com/sport/2016/dec/07/ladbrokes-bookmakers-punter-refunded-money

[Purwell]

I did know about this and I made sure there were only a few pence in any account that I no longer use.
Some banks and building societies have a similar policy I believe.

I've stumbled on the side of twelve misty mountains
I've walked and I crawled on six crooked highways

[Nathan Hughes]

Has anyone got betting accounts on their will and testament…..?
I don’t leave much in mine incase of the unexpected but if I were to drop down an open manhole on the way to work and either Douvan or Thistlecrack win at Cheltenham I would have landed those bookies a nice bonus instead of loved ones.

Gaelic Warrior Gold Cup Winner 2026

[Drone]

If “restricted to betting in pennies” or are not going to use the account for sometime then why on earth leave £1300 in it?

Do bookmakers no longer allow you to withdraw money or summat?

This surcharge for holding money on deposit does seem dubious at best but if you’ve nothing on deposit the surcharge can’t be levied can it?

I only ever had Credit Accounts with bookmakers which by definition didn’t necessitate the depositing of funds. Are these now extinct?

Even when betting regularly on the deposit-only Exchanges I withdrew any daily profit generated at day’s end and if not going to bet for more than a few days e.g. off on holiday, emptied the account completely and recharged it only when battle was about to recommence

Punters are their own worst enemy and bookmakers adept at exploiting weak foes

[Author]

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