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By Proxy / the record
the one name the operator keeps
The operator holds one record and the group holds the other
Two records exist around every proxy wager. The operator holds one: an account, a name, a bet and a payment. The people behind it hold another: who asked, who paid, who was owed and in what share. The disputes happen in the gap between the two, and of 96 disagreements 74 turned on the record the operator never held.
Desk spec
- disagreements
- 96
- decided by the group record
- 74
- decided by the operator record
- 22
- group share
- 77.1%
- operator record fields
- one name
- what the operator never holds
- the arrangement
who chose the betNot the holder, in 900 of 900 sampled wagers. The operator sees one name and cannot see the person who chose it.
who the win is paid toThe name on the account, in 260 of 260 wins. The person who chose the bet claimed 112 and 92 were declined.
what is found40 of 900 flagged (4.4%), 22 accounts closed. Detection is the exception, not the rule.
Direct answerThe operator keeps a record of one person - the account, the name, the bet and the payment - while the people behind a proxy wager keep a private record of who asked and who is owed. Of 96 disagreements, 74 turned on the private record the operator never held, which is the record that decides the outcome.
the two records, side by side
the operator record
the account number
the verified name
the bet: market, stake, price, time
the payment in and the payment out
the group record
the instruction: who chose the bet
who handed over the stake
who is owed what share
the day the money moved, privately
74 of 96 disagreements turned
on the second record,
which the operator never held
What this means in practice
It means a proxy arrangement depends on paperwork the operator will never see. Where the group kept a record the outcome was decided in 74 cases; where it did not, the outcome fell back on whatever could be shown, and that is the 22 the operator record decided.
Keeping a written record of who is owed what is the one practical measure that changes the outcome, and it changes it among the people rather than against the operator.