Sportsbet punts workers as quickly as winning customers.

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  • Nick

    Had a commercial discussion once with SportsBet. A game changing opportunity. Every other operator I’ve spoken to was represented by their CEO. SportsBet provided a mid 20s ‘product manager’ who said “we’ve never had customers ask for this product”.

    Absolute muppet. Notice he’s since moved on but they’ve missed their opportunity because of him.

  • steve jones

    Nah, Sportstbet are far from the worst, Ladbrokes, Bet 365, William Hill, have all banned me. I’m limited, but I managed to get $400 on Trump at odds of 4.65 from Sportsbet….by the way, I only bet on sure things.

  • wah

    Corporatism is all about taking from the poor and giving to the rich that includes ordinary workers. I wouldn’t just hang it on bookies supermarkets are no better and there is only one maybe 2 real unions left so good luck. I have been banned or limited by all the corporates except top (probably not corporate)sports and tatts bet.

  • Damien

    I challenge the writer to think from the “top level executive management team” point of view, what would you do?

    I too work at Sportsbet and I do not represent the execs or interact with them daily apart from a hello here and there in the lift. So I presume we are on the same employee level.

    I’m not sure how many companies you have worked at before Sportsbet but I have worked at a few before I was employed here. I was surprised when I arrived, the way Sportsbet treated their employees. Christmas presents, massive bonuses, huge raises, big parties and every Friday night drinks provided by the company. This was extravagant and do not get me wrong, I certainly enjoy having these perks.

    The companies I’ve been at before have been top tier corporations and do not go all out like Sportsbet does. They treat their employees well but not to the level I have experienced in my time here. I assume they were able to do so, because like you said they made a tonne of money, record breaking it was. So they could afford all these extravagant things.

    However with a rapid growth in a company in an ever changing environment, can not be sustainable. This is basic business 101. The rapid growth eventually plateaus and either steadily grows or declines dependent how fierce the market is. Hence we are in an adapting mode which unfortunately carries the consequence of redundancy.

    If this piece you wrote was to be non bias, I’m not sure why you wouldn’t include the fact that a person in the “top level executive management team” was also made redundant. So it’s not like it’s just people like you and me that are being targeted, people across the business are being looked at and whether that position is required or not.

    In my opinion, I do not think the company made as much money this year than any of the previous years. So looking at a wider picture, would you roll the dice with those 40+ employees and hope for the best? Or make the changes now so the company doesn’t go bust and have 100-200+ employees go unemployed?

  • Hi Damien, not sure what happened with your post. I have added it below as it is good to see others point of view.

    I challenge the writer to think from the “top level executive management team” point of view, what would you do?
    I too work at Sportsbet and I do not represent the execs or interact with them daily apart from a hello here and there in the lift. So I presume we are on the same employee level.
    I’m not sure how many companies you have worked at before Sportsbet but I have worked at a few before I was employed here. I was surprised when I arrived, the way Sportsbet treated their employees. Christmas presents, massive bonuses, huge raises, big parties and every Friday night drinks provided by the company. This was extravagant and do not get me wrong, I certainly enjoy having these perks.
    The companies I’ve been at before have been top tier corporations and do not go all out like Sportsbet does. They treat their employees well but not to the level I have experienced in my time here. I assume they were able to do so, because like you said they made a tonne of money, record breaking it was. So they could afford all these extravagant things.
    However with a rapid growth in a company in an ever changing environment, can not be sustainable. This is basic business 101. The rapid growth eventually plateaus and either steadily grows or declines dependent how fierce the market is. Hence we are in an adapting mode which unfortunately carries the consequence of redundancy.
    If this piece you wrote was to be non bias, I’m not sure why you wouldn’t include the fact that a person in the “top level executive management team” was also made redundant. So it’s not like it’s just people like you and me that are being targeted, people across the business are being looked at and whether that position is require d or not.
    In my opinion, I do not think the company made as much money this year than any of the previous years. So looking at a wider picture, would you roll the dice with those 40+ employees and hope for the best? Or make the changes now so the company doesn’t go bust and have 100-200+ employees go unemployed?

  • Martin Axe

    Sportsbet like so many businesses today treat their customers with absolute disdain, people should NOT use that brand period, there are plenty others, Betfair has no conflict of interest in you winning or losing and the odds are nearly always better, I don’t understand why people continue to use such poor companies like Sportsbet when it’s well known they ban winning customers, limit others and treat their customers as complete mugs, I’ve never used them BTW……and why would I?

  • Martin Axe

    Trump winning was never a “sure thing” and BTW you can lay Trump on Betfair for the 2020 election ATM if you think he wont be around in 60 days.

  • steve jones

    Completely different market, in my opinion. Besides, I think 2016 was the US last election as we know it.