Is an online bookie syphoning money from your dormant account?
If you’re someone who has dabbled in the occasional bout of online gambling in the past, you might want to make sure that your bookmakers of choice haven’t been helping themselves to the contents of your account.
Ladbrokes Poker have enraged some of their lapsed customers with an email which informs them that they are about to be charged an ‘Inactive Account Fee’. A quick perusal of Ladbrokes T&Cs shows that if you haven’t used your account in 12 months, and there is money still in it, they’ll begin chipping away at it to the tune of £2 per month (or 5% of the total therein) until it’s all gone.
You can prevent this from happening by signing into your account and making use of their exciting gambling products – or, you know, withdrawing all of your money and closing the account in disgust. It’s up to you really.
Blogger Chris Lake has been kicking up a stink about this and from the comments on his post, it seems that Betfair, along with many of the other leading bookmakers, have also introduced a similar inactive account fee.
So if you’re inclined to ignore any emails that you receive from online bookies, assuming them to be promotional guff, it might be worth double-checking. Who knows – log in and you might find that you’ve had a big betting win that you knew nothing about.
(thanks to ‘somewhat outraged’ but still avid Bitterwallet reader Dave)