Bookmaker Geoff Banks raises hell over gambling ‘bonus culture’

There is a sudden surge of punters in Geoff Banks website during the last few days but the prominent bookie isn’t happy about it.

Apparently, the website traffic was caused by promotion-seeking punters who are scouring gambling websites to make guaranteed profits. The Guardian reported that Banks filed a complaint against a “matched betting” website that is causing these unusual traffic to his own website.

Banks, who have more than two decades of experience in bookmaking, had been a staunch critic of “matched betting,” which he described as a “bonus culture” in modern gambling. He took his complaint before the UK Gambling Commission as he pressed the state regulator to ban the incentives.

“I don’t approve of free bets or bonus offers. From a gambling perspective I think it’s an unfair inducement to gamble,” Banks said. “But to open any new accounts these days you have to offer these inducements.