I need help – contemplating selling my soul

[apracing]

I claim no experience in this field, but surely the number one issue is to find out if the local licensing authority will give you a betting permit – and will the council grant planning permision for change of use of the premises.

It would be amazing if there were no objections to the presence of a betting shop if the village has managed without for ten years.

AP

[NWRA]

You would definitely want FOBTs if you do setup shop. They make more profit in the shop I work in than the profits from racing revenue and this is the case for more shops.

I believe most independents "borrow" somebody elses prices to make their books, the one near me uses Stan James prices and that would probably be your best option for making a book.

Experience would definitely be useful. If your not in a position to get that yourself you will need to find a cashier for the shop who does that experience who can teach you as he/she goes along.

What happens in the winter months when the tourists are all sitting in front of their warm fires at home? Do you get the winter months off or would their be other uses for the shop if you are shutting it?

And hw do people who live in the town bet at the moment? Do they not bother or do they use other methods ie the internet?

I could be way off the mark here, but do you live/work in York?

[Artemis]

AP,

I believe betting permits are fairly easy to obtain provided you have no criminal record and you are not insolvent.

Betting office licenses used to be more difficult to obtain, but lately. unless there are very strong grounds for refusing planning permission, a licence is usually granted. The main objection used to be that ‘there were already adequate betting facilities in the area’, but I feel sure that this substantial reason no longer applies.

[Friggo]

I also wondered – how many independent bookmakers in shops cover their losses on Betfair? Where they would get better odds then they have probably just provided for their clientale a few minutes earlier…

I’d imagine most would use it, as back in the day Indy bookies would often lay off some of their liabilities in other shops. With BetFair giving better odds and not discriminating because you are a ‘warm source’, I think it would be extremely wise to do this.

Seriously mate best of luck with your venture, hope it works out for you(except don’t have FOBTs, they’re the work of the Divil).

Work of the devil? Surely this means FOBTs were made for betting offices?

[Anonymous]

Any news?

[Anonymous]

The thread starter ‘Aftershock’ seems to have been banned. He almost certainly posted under other names. Any ideas? I’d be having a few quid on ‘Kotkijet’

[Author]

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