Utilising a mate’s phone to place racing bets has cost one Neds punter a $15,450 payout, with the Northern Territory Racing and Wagering Commission denying his appeal against the decision.

Neds
The Northern Territory wagering regulator has sided with bookmaker Neds in a dispute involving a new account and a subsequent five-figure payout. (Image: Neds)

The dispute arose in August 2022 when the punter opened an account with Neds, which is owned by global wagering company Entain. Within five days, he had deposited $500 and placed seven multi-bets on Gloucester Park harness racing.

Two of the seven multis placed on August 9 were successful, resulting in a $15,450 return.

However, Neds said it noted some anomalies in his account, including the suspicion that it had been operated in breach of its terms and conditions surrounding who had used the account.

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