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Pat Keane in The Examiner…
Pat Keane couldn’t get £600 @ 7/4 in betting shop.
in future going to use betfair,
unless there’s 2 minutes to go, good luck.
I don’t see why the major racing countries con’t come to an arrangement whereby bets placed on overseas racing are liable for levy (or whatever charge normally applies to the domestic product) in the country where the bookie does business. That way levy would be due on Irish or French racing bets placed in the UK and in Ireland whatever system we end up with after the budget would apply to bets on UK or French or Australian racing. That way at least racing in the various jurisdictions gets something out of profits on each other’s product.
- Total Posts 102
Bookmakers already drop their overounds for the big races ie. strong betting events – see the Saturday races where many firms will bet 1% a runner or even less.
Grand National this year they took the piss…..
Pat Keane couldn’t get £600 @ 7/4 in betting shop.
in future going to use betfair,
unless there’s 2 minutes to go, good luck
But the point is, he
would
have got matched at some stage on the exchange. How would
never
have been accommodated by Ladbrokes.
Bookmakers already drop their overounds for the big races ie. strong betting events – see the Saturday races where many firms will bet 1% a runner or even less.
Grand National this year they took the piss…..
I’m refering to the adverts in the RP rather than the SP’s – which I agree for the National at least were truly atrocious.
Pat Keane couldn’t get £600 @ 7/4 in betting shop.
in future going to use betfair,
unless there’s 2 minutes to go, good luck
But the point is, he
would
have got matched at some stage on the exchange. How would
never
have been accommodated by Ladbrokes.
The real point is that knowing Pat Keane, the horse probably opened at evens….
Bookies know their odds-compilers are rubbish on the whole and therefore they won’t lay a bet.- Total Posts 17716
I was just wondering if it was possible for the Levy Board to tax racecourse media rights income to balance off the continued showdown with bookmakers over a satisfactory percentage?
- Total Posts 17716
Let me get this right, the off course gross income on Racing was 870m whilst the on course was around 27m
Racing is looking for 130-150m between 7 or 8 bookmakers, William Hill are complaining about paying £300m in tax to uk government but whats that got to do with racing? they made a net profit off over £994m in 2009.
They don’t support our sport anymore although want to profit from it, the online betting industry is 32 times greater than on course so what they hanging around and waiting for, only thing stopping them is their retail and the ethical concerns about shutting up and everyone losing jobs right?
Why do HBLB have to receive a written report from the Bookmakers, we as a sport will never be in charge and be able to control it if we’re always being pimped, if the government stepped in and showed some sort of control of the situtation then maybe it could solve their issues regarding tax with the government aswell although i suppose they’d all leave.
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