how destructive are bookies and the open bet

do they take 25% out of soccer pools?do the govt take tax from soccer bets?i ask because no tax taken by bookies on sports betting.

gregbucks Wrote:

---

> Any idea what percentage of the tote soccer bets
> goes back into horseracing?


GB, i think someone previously said they give back 3%.......not sure if its true or not.

33% of soccer pools.

.....now imagine this little scenario......how to middle the bookie.....a big punter with pull at Saftote or TAB that can cancel bets when ever....
places a huge place bet on a fav on the Island.....then phones his bookie to place a similar sized bet at tote odds.....bookie looks at the tote monitor and sees that horse is paying R1.10 a drum.....accepts the bet.....punter cancels tote bet at the off.....bookie left holding the bag for a 28/10(win) horse paying R6.40 the drum.....bookie gets wise.....he don't need a punter and has the tote terminal on his floor....places huge bets on the tote..... his customers come to him to get better odds and now take fixed places.....he cancels 80% of his tote bet and the 11/10(win) horse pays R4.20 a drum.....he pays his punters from his tote winnings......:

With limits in place very hard to catch a bookmaker unless you wager your bet with multiple bookmakers. When you say above average player how much is he wagering ? cos the pools for international pools are not that huge and surely if he has taken it numerous times pool limits will come into effect. I for one always check the pool and how much a particular bet is paying before spreading the bet with different online bookmakers to "get on so to say". I only play the PA and Jackpot in international racing with bookmakers cos if you do catch the bet numerous times the Payout will still be quite good.

The open bet is illegal in the UK and should be here.

Tipster Wrote:

---

> The open bet is illegal in the UK and should be
> here.


I take placepots,i reckon 5% or so of uk punters use the tote

Tipster Wrote:

---

> The open bet is illegal in the UK and should be
> here.


I agree entirely ........but you lost the case and no more appeals ,so maybe time to look for another answer!

hibernia Wrote:

---

> Tipster Wrote:
>

---

>

---

> > The open bet is illegal in the UK and should be
> > here.
>
>
> I take placepots,i reckon 5% or so of uk punters
> use the tote

Yes Hibernia, but that's because the Tote in the UK is pathetic - when I lived there and asked once for a boxed trifecta (tricast) I was met with a blank look.It's probably improved a bit since then but is still decades behind the world's best Totes.

scotia Wrote:

---

> Difficult to answer in a few lines but IMO the
> open bet does damage horseracing, so the question
> is why do punters use it?
>
> My reply would be because the punter gets a better
> service from a bookie and basically gets ignored
> by the operators.
>
> I do not go anywhere to punt except of line and we
> have limited choices in Pretoria but I have
> visited the old shop of Prinsloo in water glen and
> it was taken over by the tote and is a dive with
> no facilities for the clients, then after about a
> year the bookie arrived Betting World and its
> still a shit hole due to being run by the
> operator. When I say no facilities not even a cold
> drink or a packet of chips.
>
> You have seen my photos and visits to Hollywood,
> Fouries etc and they have fully licensed, super
> food outlets for the comfort of the punters.

So what you are saying is that the operators must put on the show by funding racecourses, training centres, organising the races, TV coverage, the vast majority of stakes etc and still compete at a service level on their off course premises with the personal business of a bookmaker (some of whom compound the problem further by laying the open bet)?

Tipster how hard is it to put a few vendor machines in your totes that offer a cold refreshment and packet of crisps...

Yes the customer is "King" in any game or service and is sadly lacking in SA.