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Are betfair likely to quit Australia?
Are betfair likely to quit Australia?
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Replies: 236
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my market on the pending court desicion..........sportsbet/betfair win 4/6............NSW racing 5/4
oh, and happy very gracious of u to admitt your exaggerations, now their not betting exchanges but betting sites, anyways gl |
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market wrong way round imo
I am thinking of starting a small business, but I wrote a letter to the tax dept saying my business will not be sustainable if I have to pay 30% company tax - I told them I was willing to pay 11% only - I will post when I receive the reply.... |
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You only need a creative accountant Dos, anyone can afford 30% company tax if they don't make a book profit
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Is it a tax on turnover? Or profit?
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my point is you can't set up stumps and then want the posts moved to suit ur game
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lazza your incorrect, the case will fail because everybody pays the tax. so there is no restraint of trade on that - the money the tab receive back is not connected to that legislation, that is determined by a separate contract between racing and the tab as compensation for the race fields legislation double taxing the tab.. and that is what was found in the last decision and hence bf lost
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I told them my business was not sustainable at 1.5% they said - change ur business model, hard to argue wit
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nsw racing 1.10 imo
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if NSW win, i dont thing betfair will withdraw from the Aussie market, maybe their exchange will die but with a data base of clients that they must have i suspect they will start to become a conventional bookmaker and offer fixed odds betting on sports & racing.
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perhaps
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Just buy tote tas, put commish down to 8% on all pools and watch the rest of them die
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they cant do that uncle, Tabscab will just expell them from the pools.
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Thx Unclee...All we can do is wait and see..Obviously the legislation doesn't allow for the exchange format.
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all very interesting, i do think that whatever the outcome the cat is going to be thrown well and truly amongst the pigeons, great stuff
logroller just relax or perhaps mature, this is not an i'm right, you're wrong fred |
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and just to underline, this decision is going to have fundamental implications for betting in Australia, both in terms of how it is carried out and also in terms of how revenue is returned to racing so the more it is openly discussed and debated, the better because it is a crux issue, imo
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If Betfair lose I anticipate in the future I will have to "pay" more to have a bet.
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black caviar v betfair
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spot on hal ... that is the whole crux of what is going on
the filthy punter is nothing but a blight on the industry and a flea sucking parasite of the poor breeder's and owner's product ... and the punter should fund the whole fkn circus ... that is the view of the industry big wigs the industry want our money and for any poor antiquated product service they can offer (sc@b etc) ... we have no collective voice .... womble start up a punter's union immediately then send us out on strike ... we can win this dirty war yet  |
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Well said TB
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happy your a condescending little turd
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in fact the worst betting product ... on horseracing .. available today ... is the rubbish pretend horseracing that is put on by Racing NSW ... the metro races there off season are a joke
R-NSW should be offering all punters a 1.5% REBATE just to invest on their 'guess who will get the soft lead today' racing product |
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so tote tassie couldnt run their own pool, based only through the net/corporates
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no way uncle, just like a betting exchange a Pari Mutuel platform will not work without liquidity
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ill cry if betfair give away aus racing
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how will you know the tryers from the non tryers prior to the jump if betfair cease.
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Anyone who bags Logroller is a DEAD SET CVNT!
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 manikato... sad but true. |
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logroller please try to stick to the topic in hand
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Interesting thread ....big picture for a moment ....conventional wisdoms and long agreed alliances(monopolies) is what is being challenged....the game is up though for the para-mutual model ...which I will note basically was started by govt's to compete with SP Bookmaking, or to capture market share. This cash cow is dwindling in the face of stiff competition from other sectors ( Pokies etc ) .
Speaking to market forces in writing buisness, if politics of free market economics are applied , BF is just another competitor in the marketplace with the corps , Tab's , bookies etc. The turnover model of charging "for the product" doesn't support a competitive and a free trade market ....simple as that |
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doubleagent try reading the fred from the start, then you wouldn't make yourself look like a cvnt
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the tab was set up initially to DESTROY sp bookies and divert their cash economy into the governments budgets. It created a laarrge trough which has attracted many snouts in the past fifty years. The snouts dont like competition, and now that it has arrived, it must be squashed. Thats what racefields legislation was all about and our wise old owls (written laughingly)at the highest level of australian injustice will see to it that it continues.
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happy, the only thing in your hand is your little pea
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logroller and doubleagent, are you that insecure.
Happy comes up with a terrific thread and a very important one. Your replies are rude. He bats you back into touch which irks you. He also seems to have a decent command of the English language of which you seem envious, and your only resort is to be lavatorial or adopt the stance of the schoolground bully. Good on you Happy for holding your ground and persevering with good, very enjoyable thread. I'd forgotten all about this upcoming appeal and the possible consquences. Very LTU - I agree with you. I think vested interests will prevail. Sadly. |
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allblack, get a room with happy.................. how the fck did u detect envy ffs, let me ask u this, what did the condescending happyvalley contribute to the thread besides pose the question? besides his ill informed opinion and his exaggerations.
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AllBlack, aaaaaaaaaalways shootin off your mouth
 First post in NINE YEARS |
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i don't bother to post, usually, because of what is it Happy calls you, yes ignoramuses like you and let's face it, you are really one and the same, Spoon, Log, DoubleAgent
Amongst other things, Happy makes it very clear to me the problems of operating on low margins and making a proper contribution to racing and the inherent contradiction therein. You babble along your endless, witless insults and are guilty of your own accusations, no meaningful, positive contribution, just destructive insults that eventually bring all interesting, worthwhile threads to a halt and act as a general barrier to intelligent, meaningful discussion on this and other forums |
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I have nothing against you Happy, but why are you talking about yourself in the third person
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terriffic post Happy. Absolutly spot on.
The sooner the dimwit non contributing just hurl abuse posters are gone the better.They usually self destruct sooner or later.And don't they just hate it when you push back at them  fortunatly the aussie forum has many many forumites who are happy to debate and contribute.you just have to put up with the logjam of flotsam and jetsom as well.  |
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Happy Valley = All Black imo
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classic
happy |