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another bet that has died.
if you was brave enough to take them before tote direct machines came along or you had a nice low limit no one spotted you would have probably took at least 25 a day. buy the poxy machine as a safety net and as you mention the network costs i should imagine the average slippage now is probably 2 x 50p slips a day. |
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A good few years ago the placepot was a good value bet because 90% of the people doing them new nothing and just stuck favs down, so a perm with a few lines often paid a very good dividend.
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when they were never put in the pool thats going back a few years and perming bets to a total stake of approx £100.00 when your unit stake was .02pence.
that all stopped when ar dennis a firm in east london tried to hedge them and was told minimum stake units accepted was .05 pence. |
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ah so bgt terminal is just a way of putting bets on instead of going to the counter? I assume the are pre-programmed only to lay a certain liability?
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I've tried in the past (to no avail) to take the bets off the big scoop perms and give them half the commission back but nothing ever comes of it, I would like to know who they put the massive perms on with.
Next 4 races 6.35 6.38 6.40 6.42 wtf |
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Todays FOBT stakes £3123 over the counter £428
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maximum unit stake £300.00 maximum payout £100,000.
these limits have only just been put up but these machines maybe installed in no powers but there owned and run independently by an Austrian firm so the prices are not paddies |
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OK one more question are they card only or can you feed cash in?
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Sounds to me that they are some form of self service terminal.
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otc is shocking there mate but fobt is very good and as you said earlier take sis out and stick with the machines and football and theres no doubt profit wise you would be better off as you have slashed your exes.
not all the big 3/paddies shops take 3k a day on the machines as you know some take fortunes others not but there playing in numbers your solo but if your averaging that fobt take and not being one lunatic player pumping it thats fairly resectable |
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can load cash into terminal just like fobts and also staff can load machine if customer pays by debit/credit card
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OK thanks.
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Got them BGT'S in Coral Shop in Gib Casino
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without the live pics I must add.
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maine
can u pay GC licence monthly ? in sept that and premisis will be bout £22oo |
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No you can't pay it monthly.
I set my shop up recently. £977 to apply for the licence, then £1234.50 (someone at the GC having a larf I reckon) for year one.... Despite not even being open for business, once granted. And, the forms took ages and were ridiculous. Next year, £1650 - payable, as ever, in advance. Same cost whether 1 shop or 4!!! Most unfair. The big firms pay about £100 ish per shop, and get a fraction of the attention from the GC that the small ones get. Likewise SIS - £18,000 approx for us single shops, about £100K for the big firms - who get it pumped into their central studio, and then redirect it to their own shops (having held back price changes for a few seconds where it suits them first). FOBT licences can be paid monthly though, (about £2500 per machine per year). The machines cost £100 per week per shop, plus 13% of any profit. Unless they're played ALOT they are not always the massive money spinners they can be. As has been mentioned, tote machine isn't all that busy, but also it's not THAT expensive either. Sorry if I've covered what's been mentioned before by others..... Another thing to bear in mind is unforeseen expenses. For example, electrical work I found was necessary has cost about 1,200 over the last 3 months. Sewage leak, and building problems causing plumbing problems etc etc about 500 too. Shop refit cost MUCH more than was anticipated, and other regular expenses like footy coupons, betting slips and more need to be considered. |
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brave to start a shop in current climate
how r u doing ? |
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I dont understand SIS or the gamb comm, you would swear they both want to shut the small indy down.
Sis wont give you an inch, yet if you shut they are 18k a year down. The gamb comm have got to be coming to a close, there is nothing they can do anymore with regards to the small indy. Put your stickers up, stop kids coming in, and keep your eye on anyone who looks like they have loads of hookey money (I wish). £1650 a year to be told to keep a look out for vulnerable people, the 16 year old kid scratchin about 20 scratch cards in the local post office this morning is ok I suppose. |
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It has quiet moments, and hedging is the most inexact of sciences, but as people find we're here and we're nice to them, not as bad as it could be.
I have LOADS of experience doing this, mind you, and have done it before too, which helps. Good staff is also a bonus. |
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where are you based sweetfa?
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Midlands - not too far from Brum.
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OK, good luck with your venture anyway.
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sweet fa
i do not know if its the road you want to take but i know if you push leisure link hard enough you could switch to a percentage re the machines. my relation was on 95% him 5% leisure link and his thinking was no rent to pay and if they lost on the week etc no rent to pay but downside was if you had good weeks you probably paid more than rent but i suppose you work it out with what your shop wins over the year |
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Thanks, Vis.
I've got Global Draw, goggles. I think their machines are the most popular. I know they do better deals if you've got lots of shops - Abit like everyone else really. |
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Goggles; The best deal I have found if you want to profit share is 25% Supplier 75% shop with no rent to pay.
The best is where the supplier takes off all the exs before his share ie the licence and the vat. Say you turnover a million a year on the FOBT you should win about 2.75%, £27500 x 75% is £400 a week, so £56 a day on a turn over of a million, not much is it? |
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Sweetfa I've found the football to be the best thing to push. Last season I really marketed it, and took all the horseracing bumf out of the window and just concentrated on the footy. European/ both to score/ 1st scorers, I found the profit in the football far better than anything else, and with games on TV every day it wasn't just limited to Saturdays.
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I'm inclined to agree with that, Maine Rd. Not sure about the 'both teams to score' coupons though. Like the Irish Lottery, people keep going for glory.... small stakes and massive prices, and occasionally copping a payout which is more than we're taking on the event.
We're taking 50+ coupons on the footy on a Saturday, and it's mostly OK. Irish lottery however, is about the biggest loser in the shop, and worst of all you never get that back. |
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100% spot on with the Irish, L/O about £40 a week but did have a nicker on 4 numbers when someone had 50p on so its put me in front for a bit. I have now taken all the **** about the Irish down and my takings on it have dropped, but giving away £575 for a nicker to someone you see once a week finally did me in.
I pushed the both to score a lot, and was taking good money on it. The week near the end of the season when they all scored I paid out £1500 for a £1 but was still well in front on the season. |
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It's got to the point (after 3x 3 nos, and 1 x 4 no -from 7- at varying stakes, in a month), that I'm getting rid of anything which pays a monkey or more, so my hedging on Irish is about £150 a week. Getting on for 1/2 the take.
The other loser generally, is hedging. I reckon we've spent about 4K in the last 3 months. With NO return. A necessary evil though. Bleedin' L15's with the 1st 2 or 3 up, so it costs you twice, once again money you don't get back. |
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maine road /sweetfa
i just spoke to the boy and he said what he done to get the best deal was say he was with global he fed each machine himself with approx 1000.00 and then pulled the ticket he done this for approx 1 month then rang leisure link and said he was intrested in there machines. when the salesman come down he showed these inflated figures i.e machines taking over 8000.00 a day but can not win/get his whack out of them. salesman sees this big 3 take in the machine and belives the figures and offers them this deal but says you have to sign minimum 3year so of course they agree . still worth a try if you can be bothered as it doesnt cost you a bean to do i suppose you could just load the terminal from behind the counter but he couldnt remember why he sat there just filling it up himself and then emptying it i think he said he got fed up watching loose women/jeremy kyle show |
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Goggles; That would of worked a bit ago, but now if someone sticks bombs in a keeps collecting the money the supplier will know and expect it to be either money from a robbery/scottish/irish hookey/drug money.
The gamb comm would be round likes rats up a drain wantin to know why you didnt tell the police interpol or the CIA. |
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2006/2007 he done that but if your looking to change supplier fack em but i suppose you are only down to l/link /global and are gamestec and cyberview still about or have they vanished from the scene
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It's all Global or Inspire now, and the computer systems they use are ever more sophisticated. As maineroad says.
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now i see what they mean that all the strokes/avenues to pull regarding expenses are closing or closed
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Sweetfa how do you find the virtual? I cant stand it. Its supposed to replicate the real thing? what a load of bollox. Back the outsiders on this and I guarantee you will make your money last longer than on the real stuff.
Today on the real racing we had 20 races the big prices have been 16/1 and 12/1 winners and places at 66/1 150/1 33/1 the virtual has had 33 races with winners at 66/1 66/1 33/1 20/1 20/1 and places of 66/1 50/1, why not have the motor racing/speedway virtual like Hills where the Fav is 2/1 and the outsider 16/1. |
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It frightens the crap out of me tbh.
A last minute bet on a tricast could cost 10K, and there would be nothing you could do about it. The big firms don't mind a big win on the virtual, a lovely advert for them and they can afford to pay it. |
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i think i might get the old typewriter out and print a maximum winnings of £1000.00 for virtual/numbers betting and insert it in the rules
you would have to go to specsavers to read it if i had a shop with my rules |
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I can remember an across the card limit of £100 many moons ago!
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Ever think a coupon with teams just to score would do well?
Think it could appeal as much as the both to score myself, maybe even more. |
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Barava I try to get them on the sections list on the both to score. They start at the top section and it looks easy but get to the bottom and they end up with big odds on bankers playing teams who wont score.
The best thing for me on the both to score is that it gives odds for a number of games ie 8 matches 100/1 5 matches 8/1it makes it easier for the punter to understand. I stick it up as 8 matches win £500 for a fiver, when if fact its 16 teams to score, doesn't sound so easy now does it? |