That's the BIG problem, their our only LEGAL Bookie, they
have taken this position for granted. Squeezing out horrible
odds, with such high commission margins even with a market pool
of 2 billion worth of bets every month. Even 4 D payout rate
of 67%, which means they comission 33%, is way above most national
average of 20/80.
In an environment where there is no competition, it is amazing
that their profit and loss statement has never been publicly
available. Although it has been estimated that their profit per
annum is at least 5 billion a year. One can't help wondering where
have all the money gone?
I have always avoided illegal bookies, knowingly and accepting
the S-pools lower odds, going for reliability instead. Never have I
expected to be scammed by this reliable Bookie. I guess I have to
explore the avenue of online betting and illegal bookies after this
incident.
Scam Pools have always been trying to force out Illegal
bookmakers, through use of scare tactics, but what have they done
themselves to justify that they are S'pore's NO.1 Bookie? Fairness,
Equality, Competitive rates, customer service? (till now I have not
got a call from S-pools with regards to my query on pay out but
they did call me to top up my WC account 3 days after it
started)
I guess maybe it is time to explore including another
bookmaker, to have a fair market, even for the leisure punter.
Being competitive in providing odds is the only way, Scam Pools can
force out illegal bookie and not by swindling their punters or
waving the baton. Afterall we have 2 casinos, why can't we have 2
bookies?
