General Betting
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This thread isn't about what you thought it would be about 
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http://www.ft.com/cms/s/0/acbc0fbc-a598-11e0-83b2-00144feabdc0.html#axzz1R8GGgw8k
For full article see link.
Sports betting licence holders would pay a steep tax of 16.67 per cent on each stake and ensure punters bet no more than €750 (£677) a month – curbs Betfair said would condemn any commercial venture to losses.
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http://www.ft.com/cms/s/0/acbc0fbc-a598-11e0-83b2-00144feabdc0.html#axzz1R8GGgw8k
For full article see link.
Sports betting licence holders would pay a steep tax of 16.67 per cent on each stake and ensure punters bet no more than €750 (£677) a month – curbs Betfair said would condemn any commercial venture to losses.
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Why don't the German govt introduce a premium charge variant. Any company making exceesive retrospective gambling profits like Betfair is subject to the steep tax whereas any fledgling start up or any loss making Bbetting firms will be taxed at up to 97% less
I think that's what 17% PER BET does in fairness.
Run a 125% overround by all means but not a 101% exchange
Run a 125% overround by all means but not a 101% exchange
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