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luloo
04 Feb 11 19:33
Joined:
Date Joined: 29 May 09
| Topic/replies: 234 | Blogger: luloo's blog
Got some chance now ,betfair get to big and everyone will soon pay the tax.

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Replies: 72
By:
Just Checking
When: 04 Feb 11 19:50
No, they won't. Happy to help.
If EVERYONE had to pay the PC, I'd imagine boot ducks servers would crash under the weight of sign on requests.
By:
luloo
When: 10 Feb 11 00:48
well young man,3 years ago if you had said no-one will ever pay a tax on betfair every one would have been with you,BUT
By:
catflmasppo
When: 10 Feb 11 18:17
And he would have been right because the premium charge isn't a tax.
By:
FINE AS FROG HAIR
When: 10 Feb 11 19:15
Never believe anybody who addresses you as young man.
The sign of a weak argument or point.
By:
catflmasppo
When: 10 Feb 11 22:38
In my case it would be a sign of poor eyesight
By:
Compound Magic
When: 11 Feb 11 00:24
The reality is that all on Betfair pay the PC. Very few pay it directly but the rest pay it indirectly and most don't
even realise that they are paying.
By:
luloo
When: 11 Feb 11 00:28
correct
By:
HorsePlacing150
When: 11 Feb 11 07:56
utter rubbish you'll need better bait both Luloo (clueless mug) and compound magic (bigger clueless mug)
By:
luloo
When: 11 Feb 11 09:28
catflmasppo 10 Feb 11 18:17
And he would have been right because the premium charge isn't a tax.NOT.A TAX jesus christ.
By:
catflmasppo
When: 11 Feb 11 09:48
From Wikipedia, the free encyclopedia

To tax (from the Latin taxo; "I estimate") is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law.
By:
luloo
When: 11 Feb 11 10:01
TERRIFIC
By:
catflmasppo
When: 11 Feb 11 11:06
You're welcome ;)
By:
luloo
When: 13 Feb 11 01:11
any new payers this week
By:
luloo
When: 15 Feb 11 00:41
how many new tax payers this week
By:
Avocado
When: 15 Feb 11 02:50
I've lost so much recently that premium charge is looking unlikely now

bankrupcy could be close though
By:
LMansini
When: 15 Feb 11 02:55
premium bankrupty ?

they pay you back everything above 20 %
By:
Avocado
When: 15 Feb 11 02:59
I've only got a few markets left before being eligible for the charge but my commission is at about 25 percent i think so im ok for now

do u pay it?
By:
pxb
When: 15 Feb 11 03:03
I started a new PC mitigation strategy a few days ago and ironically its running a significant profit. Although I don't expect that to last.
By:
Avocado
When: 15 Feb 11 03:04
what kind fo strategy is it or cant u say
By:
Avocado
When: 15 Feb 11 03:05
i was thinking of laying my selections on here and betting double stakes at the bookies

in other words winning with the bookies and losing on here if all went to plan
By:
LMansini
When: 15 Feb 11 03:08
if your percentage is at 25 percent u wont pay it dude
By:
LMansini
When: 15 Feb 11 03:09
this is lifetime percentage right?   25 %  u wont pay nothing unless you go on a large-ish winning streak
By:
pxb
When: 15 Feb 11 03:09
I don't want to go into specifics, because if enough PC payers take it up, BF will surely change the PC rules.

Sorry, Avocado.
By:
Avocado
When: 15 Feb 11 03:10
i might get a winning streak (hopefully) because im betting at short odds

sometimes i win ten bets in a row
By:
Rocket to the FACE
When: 15 Feb 11 03:20
The dak needs gamblers/ then we're flying

You can put up/seed as many markets as you like but the custom just isn't there yet. They need a MASSIVE advertising drive. I hope they don't hire the same PR boys as BF though
By:
Avocado
When: 15 Feb 11 03:23
i can gamble on daq if people want to lay my bets

i dont demand good prices either i just usually take whats there
By:
Avocado
When: 15 Feb 11 03:24
maybe i can do some arbs with you in the future rocket

i'll take a slightly lower price and u can lay it ten back slightly higher elsewhere
By:
Avocado
When: 15 Feb 11 03:24
have i got u as contact on the new forum?
By:
Avocado
When: 15 Feb 11 03:24
*then not ten
By:
Rocket to the FACE
When: 15 Feb 11 03:28
if there were a few more folk like you then it would be ok.


Nobody outside of the betting/[exchange] world has heard of dak yet and they are all just getting their heads around Betfair so I think we still have another year or two to go bar a major event.

So get your foot in the door and it might stay there when the big boys arrive.

Actually that's bollocks. You'll be kicked aside like trash so get your foot in the door and make the most of it
By:
pxb
When: 15 Feb 11 03:32
The problem for us Aussies is getting money into a daq account.

Excepting CCs which I don't use, you have to go through moneybookers or the other mob and then you are limited to $150 without identity checks, which to date I've failed.

Pity they don't use paypal.
By:
Avocado
When: 15 Feb 11 03:33
the reason i don't use it much is because there often isnt enough liquidity for me to get my bet on there

sometimes i want to bet 5k a few days before the game kicks off and there is only 500 quid available over there at the top price

pathetic liquidity over there compared to here sometimes
By:
Rocket to the FACE
When: 15 Feb 11 03:34
If you are going to be and have many transactions maybe have an account for transfers ?
By:
Avocado
When: 15 Feb 11 03:38
i wanted to back chelsea on the first day of the season at homer to wba this season, i had planned to place the bet on dak and had agreed a trial 2 percent commission with them, which was good

i waited til the day of the match, expecting the match odds market to be full up with cash like it is on here but a few hours before kick off i could barely get a grand on over there a the top price so i didnt bother in the end and just used betfair instead
By:
LMansini
When: 15 Feb 11 03:40
I've said it before and i'll say it again....

The best strategy is for NO ONE to use daq, withdraw all ur money, boycott those pricks,   bankrupt them

Thus causing a void,  a vacuum, for a company with more ambition / creativiy / spirit  to take their place
By:
Avocado
When: 15 Feb 11 03:40
I remember a match a few days later, man utd at home to west ham, you could have got 500k on man utd to win on betfair at fairly reasonable prices, such was the liquidity
By:
Avocado
When: 15 Feb 11 03:41
*home not homer
By:
pxb
When: 15 Feb 11 03:46
You've a point there Mansini.

What may happen is one of the big bookies will see the writing on the wall and jump into the betting exchange business.

Despite what BF claims, developing the software aint that hard.
By:
Avocado
When: 15 Feb 11 03:48
you do get some quite big lumps on dak to back sometimes

some 20k chunks laying short price footy faves, high profile games
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