5th of March 2015 Author: Glo Wood
bet365 group is amidst legal action taken by the Australian Competition and Consumer Commission, which says that its no deposit and free bet promotions are "misleading representations" and violate local law.
The case was brought forth following a complaint submitted to the ACCC and is currently at the pre-trial stage in a Darwin federal court.
According to the ACCC, bet365 offers "...conveyed the general thrust or dominant message that new customers of Bet365 would be entitled to up to $200 in bets without limitation or restriction. In fact, the offers were subject to a number of such conditions that were not prominently displayed".
It also says that bet365 customers "....must first risk their own deposit to receive a free bet or deposit bonus, so that consumers would only receive a $200 free bet or deposit bonus if they paid and gambled $200 of their own money first.
Gamblers are not eligible to claim the offers unless they've wagered their deposit and bonus 3x within 90 days prior to withdrawing.
"As a result, a consumer who made an initial deposit of $200 and received $200 in bets was required to then gamble $1,200 before being able to withdraw any money," continues the ACCC.
"To meet the free bet or deposit bonus terms and conditions, consumers were required to bet at odds of no less than 1.5, meaning that they were required to bet on higher risk transactions."
On Wednesday, bet365 legal representative Cameron Moore sought additional information regarding the ACCC complaint prior to the trial, which is scheduled for the end of March.
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I am not fully competent to talk about law things but I am not surE why they considere a promotions as such bad things.They are good for players and yes,they can help companies to earn regular customers,but no one will make you to put a deposit so it is decision made only by customer.This is main reason why I dont.understand Aussie laws.
This is a standard Bet365 offer and I don't see where the problem is, but if Australian laws don't allow that.. .As a vip member in Bet365 I receive similar bonus with the same conditions every week and sometimes I succeed to convert the bonus in real money and good profits.
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