Today is the start of #CheltenhamFestival2023
One of my friends has been excitedly posting on social media:
"My Christmas is 1 week away", he said last week.
Here's a thread🧵about the #CheltenhamFestival and the importance of understanding how much some people love it.
1/11
"Happy Cheltenham Eve everybody", a friend of mine said to me & others yesterday. There are some horse racing events punters love - this is one of them. You don't have to bet yourself, or even understand the festival. But some people live for it, so try and appreciate that.
2/11
Almost all of the mainstream discussion about gambling (and the long-awaited White Paper) does not stop to think about the consequences that some regulations might have on the enjoyment that millions get from having a bet. That needs to change.
3/11
One of the proposals to come from the discussion is around the idea of Affordability Checks - limiting your gambling spend to £100 a month unless you are prepared to subject yourself to significant intrusion from gambling companies and/or the government.
4/11
For those who save up their money with the idea of spending a lot at Cheltenham, the idea of monetary control like this would be disastrous, let along a hideosly illiberal idea which we should have no truck with.
More on this from me here 👇 spiked-online.com/2020/08/10/don…
5/11
My email in-box has recently had a few offers of "Free Bets" in it. I'm going to take advantage of them and hope that I end the week in a profit. Some people have argued against these - and argued against any idea of marketing to consumers. I totally oppose that.
6/11
Yes, there will be those who are struggling with gambling and who will want to avoid any mention of Cheltenham & gambling this week. There are lots of ways to do that, and this tweet is just one of many that I have seen which gives good advice.
7/11
👇
Remember when some people jumped on the "anti-gambling" & "anti-horse racing" waggon, and tried to blame Cheltenham for being a "super-spreader" event? I'm so glad that those idiotic days are behind us, and I wrote about it at the time
8/11
👇 spiked-online.com/2021/03/15/che…
I'm very much looking forward to the #CheltenhamFestival, and I really don't mind if I lose some money. We spend money all the time: sometimes on necessities; sometimes on things that we enjoy doing.
I'll enjoy having a few bets this week and will be hoping for the best🤞
9/11
I've written in more detail about why I oppose the banning of "Free Bets", marketing, sponsorship, and the widely discredited idea of Affordability Checks. You can download my thoughts for free in my 'Letter on Liberty'
👇
10/11
This is the point at which I disagree with a number of people about affordability checks. The attempt to separate out different types of gambling is bound to fail. The notion that those who make these decisions & create legislation are going to make this distinction is flawed-IMO
Poker tried to do it, and lost. As can be seen in this landmark case: news.bbc.co.uk/1/hi/england/l…
While you can successfully argue that it is more possible to make a living through successful sports betting than continually playing games of chance, so what?
Those winners (or professional gamblers) can only continue to make a living because they are outnumbered by losing punters, who possibly think they "know they're on a winner" this time.
The only way that you can defeat an argument in favour of AC is to go to the heart of it.
🧵Thread on the problematic approach to gambling data
"Questioning official statistics is one thing, but the
level of unscientific speculation about data is an irresponsible way to approach gambling and gambling
harm"
Source: @acadofideas Letter on Liberty academyofideas.org.uk/wp-content/upl…
The regular update today from the Gambling Commission (@GamRegGB) has a link to a blogpost which you can find below. Without any evidence, it is asserted that, for people suffering gambling harms, "the degree of undercounting could be substantial".
Of course, when it comes to surveys of the public, a non-response (or a low overall response rate) is rightly seen as problematic and an issue to be tackled. Considering ways that you can improve the response rate and tailor surveys is good work to be undertaking.
The discussion about the Conservative Leadership election once again leaves most of us as observers & commentators, rather than active participants. A democratic deficit, which we sadly might see more of. Many of us are wondering what this means for a number of issues
1/5
Regardless of who wins, anyone who thinks that the next PM will have any sort of libertarian views which they hold onto strongly, is wide of the mark. For a number of bits of legislation that are coming up, this is important.
2/5
The Gambling Review is now approaching it’s third year, and the government response is that we should expect something “in the coming weeks”. That review and legislation is important, but for those with an interest, we shouldn’t just consider this a discussion on the law
3/5
Social media will, understandably, be filled mainly with the bad experiences. This is because the bad experiences not only stick in our minds, they also influence the way we then behave. For example, a bad experience of betting with one Bookie will mean that you turn to others.
Understandable as it is, part of the problem focussing on the negative is that what gets neglected is the idea of trying to provide a positive experience for the gambling consumer. In the same way that a focus on “gambling harm” makes us forget that most gambling is not harmful.