Fixed Odds Betting Terminals, an even quicker way to lose money

April 14, 2014 2:21 pm

There’s now an even quicker way to lose money 

Fixed Odds Betting Terminals (FOTBs), according to the Campaign for Fairer Gambling.  FOTBs are touch screen roulette wheels and they’re in most high street betting shops.

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In Birmingham the campaign estimate that £735m was gambled and lost on these machines in 2013, through just 178 shops.  They think that Birmingham gambles more on FOTBs than any other place in England.

Think about where you live or work; on your local streets how many bookies are there?  Have you noticed that there are more bookmakers in areas where the people are poorest?

In February this year betting shops launched a code of conduct for themselves that will allow players to limit their betting.  Is this really enough, though?

The government say that they are looking in to it and will report back soon.  We know how much harm gambling can cause – not just to the player, but to their families.   Is it time that the government took some action to protect the poorest and most vulnerable in this country?

 

We await the government’s report with interest.

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