Episode #36 The Trey Mullinax 10Bet Saga

The Smart Betting Club Podcast

In today's special podcast episode I was joined by my partner-in-crime Tom Brownlee to unpack all of the gory details about what took place last week regarding the bookmaker 10bet and the bets they laid on the golfer Trey Mullinax.

Having tried to move the goalposts on this bet after it won, our campaign forced them to revert back to their original 175/1 pricing just 2 days later and we explore all aspects of the market and what exactly took place. Rumors abound that it cost them up to an extra 1m in liability, so some very sizeable amounts were at play.

This issue is about more than just one bet and one bookmaking firm as it also speaks to the failure of regulation of the industry and the need for a stronger, more resourced ombudsman of some kind. It raises questions for the likes of the Gambling Commission, IBAS, The BGC and even Oddschecker.

We also talk about the impact of this behaviour on the black market and ask if punters can't trust the regulated industry, what is to stop them betting with unlicensed firms through the likes of Whatsapp, Slack or Telegram?

All told its a very deep dive into the issues in the industry at present - all of which were brought to the fore once again by how 10bet handled the bets they took on Trey Mullinax.

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Discover More:

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