New Posts For Thread: Boycott the Racing Posthttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-postThis filthy rag had done nothing over the years except stab punters in the back. Recently as the Guardian pointed out they front page headlined the blatant lie that FOBT's at £2 per throw would be a disaster for Racing, a blatant lie. I would encourI'm sure Simon Clare would deny this under oath and make you out to be a liar oh the reality of betting on Horse Racinghttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553469817#553469817I'm sure Simon Clare would deny this under oath and make you out to be a liar oh the reality of betting on Horse RacingThu, 01 Feb 2018 06:15:09 -0600parispikeTalking about the big boys Sat having a glass of wine tonight and I get a phone call from an irate pal of mine who tried to get a bullseye on a 9/2 chance at Leicester today with korals.After a lengthy phone discussion he was offer £4 and chttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553466777#553466777parispikeTalking about the big boys Sat having a glass of wine tonight and I get a phone call from an irate pal of mine who tried to get a bullseye on a 9/2 chance at Leicester today with korals.After a lengthy phone discussion he was offer £4 and cWed, 31 Jan 2018 14:23:57 -0600I might have made a mistake with my calculation. Upping the number of fobts per shop to 3.9, expenses £50k per year/per shop and and factors remaining the same eg:- Per Shop per wk = 3.9 (fobt) x £1k = £3.9k (before expenses)Net Profit per shop pehttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553466731#553466731I might have made a mistake with my calculation. Upping the number of fobts per shop to 3.9, expenses £50k per year/per shop and and factors remaining the same eg:- Per Shop per wk = 3.9 (fobt) x £1k = £3.9k (before expenses)Net Profit per shop peWed, 31 Jan 2018 14:09:00 -0600Reckon - the average number of machines is nearer 3.9 per shopoperating costs somewhat more than you suggest. Staff, rates, heating etc but nevertheless the RISK FREE profit is huge.Independents suffer doubly by paying more per shop than the big boyhttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553466625#553466625Reckon - the average number of machines is nearer 3.9 per shopoperating costs somewhat more than you suggest. Staff, rates, heating etc but nevertheless the RISK FREE profit is huge.Independents suffer doubly by paying more per shop than the big boyWed, 31 Jan 2018 13:46:31 -0600Back of a ciggi paper calculation and assuming an average of 3.5 fobt per shop eg:- Per annum income = 3.5 (fobt) x £1000 (profit) x 52 (wks) = £182 before operation costs. Assuming operation costs of £50k per annum = £(182 - 50)k = £130k net prhttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553466389#553466389Back of a ciggi paper calculation and assuming an average of 3.5 fobt per shop eg:- Per annum income = 3.5 (fobt) x £1000 (profit) x 52 (wks) = £182 before operation costs. Assuming operation costs of £50k per annum = £(182 - 50)k = £130k net prWed, 31 Jan 2018 13:03:22 -0600Each FOBT makes on average around £1000 per week. The average number of FOBTs per shop is marginally less than the maximum permitted of 4.Some might conclude the media rights payments of £30,000 pa plus other costs are worth £1000 x 4 X 52.I couldhttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553465983#553465983Each FOBT makes on average around £1000 per week. The average number of FOBTs per shop is marginally less than the maximum permitted of 4.Some might conclude the media rights payments of £30,000 pa plus other costs are worth £1000 x 4 X 52.I couldWed, 31 Jan 2018 12:10:21 -0600The excuse the BHA and the sh1tty Racing Post are using that horse racing levy from the probable closure of the "crack cocaine" bookie shops from a £2 max limit per spin will be significantly reduced is an over exaggeration and scaremongering, to sahttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553465803#553465803The excuse the BHA and the sh1tty Racing Post are using that horse racing levy from the probable closure of the "crack cocaine" bookie shops from a £2 max limit per spin will be significantly reduced is an over exaggeration and scaremongering, to saWed, 31 Jan 2018 11:43:06 -0600spot on pphttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553464305#553464305spot on ppWed, 31 Jan 2018 07:07:14 -0600What happened to the days when the bookmakers took on the punters..?The FOBTs and Betfair happened (at more less the same time). The former prevented the need to react to the latter as they guaranteed risk free profit. Over time the off course bookshttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553464199#553464199What happened to the days when the bookmakers took on the punters..?The FOBTs and Betfair happened (at more less the same time). The former prevented the need to react to the latter as they guaranteed risk free profit. Over time the off course booksWed, 31 Jan 2018 06:48:54 -0600Ive never touched the FPBTs but if as mooted it did go down to £2 a throw and I had £400 to play with I would (god forbid) play the cartoon horse racing or the dogs, as there is a greater element of chance involved (dogs knocked over at first bendhttps://community.betfair.com/horse_racing/go/thread/view/94102/30985157/boycott-the-racing-post?post_id=553464179#553464179Ive never touched the FPBTs but if as mooted it did go down to £2 a throw and I had £400 to play with I would (god forbid) play the cartoon horse racing or the dogs, as there is a greater element of chance involved (dogs knocked over at first bendWed, 31 Jan 2018 06:41:31 -0600