New Posts For Thread: Be careful what you wish for: Turnover-based Levy could be brutal for betting exchanges....https://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges....and their users.We are the consumers. It is up to business to get their product correct. They have to do the fighting or they are out of business. It might be a case of "worse is better " what with the nanny state spending checks on top.https://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563323685#563323685We are the consumers. It is up to business to get their product correct. They have to do the fighting or they are out of business. It might be a case of "worse is better " what with the nanny state spending checks on top.Fri, 28 Jul 2023 08:02:58 -0500"There are people in charge getting paid big money. Let them make the right decision or the wrong decision."There is a consultation - it takes less time to participate than it did to type that Pontius Pilate sentence.I think what is being mooted reprhttps://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563323065#563323065"There are people in charge getting paid big money. Let them make the right decision or the wrong decision."There is a consultation - it takes less time to participate than it did to type that Pontius Pilate sentence.I think what is being mooted reprFri, 28 Jul 2023 01:47:04 -0500As long as racing income is directly depending on bookmaker profits it's always going to be sport that's high on quantity and low on quality. So I don't see GPT as the answer unless racing can do a lot more to stand on its own two feet.https://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563321803#563321803As long as racing income is directly depending on bookmaker profits it's always going to be sport that's high on quantity and low on quality. So I don't see GPT as the answer unless racing can do a lot more to stand on its own two feet.Thu, 27 Jul 2023 09:53:12 -0500There are people in charge getting paid big money. Let them make the right decision or the wrong decision. Nearly all of us don't NEED racing ( for a living ) But as I have said they better realise we now live in a high tech high communication world.https://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563321061#563321061There are people in charge getting paid big money. Let them make the right decision or the wrong decision. Nearly all of us don't NEED racing ( for a living ) But as I have said they better realise we now live in a high tech high communication world.Thu, 27 Jul 2023 05:37:58 -0500Given that, I think it's fair to say, everyone on this thread has a common vested interest in the current method of taxation/Levy remaining unchanged, being offensive to one another, or even acting patronisingly as we're more knowledgeable or intellihttps://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563320103#563320103Given that, I think it's fair to say, everyone on this thread has a common vested interest in the current method of taxation/Levy remaining unchanged, being offensive to one another, or even acting patronisingly as we're more knowledgeable or intelliWed, 26 Jul 2023 14:32:28 -0500https://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563319867#563319867Wed, 26 Jul 2023 13:22:38 -0500screaming from beneaththewaves • July 26, 2023 5:57 PM BSTHow the hell did dave90210 manage to divert this into people arguing about affordability checksprickhttps://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563319843#563319843screaming from beneaththewaves • July 26, 2023 5:57 PM BSTHow the hell did dave90210 manage to divert this into people arguing about affordability checksprickWed, 26 Jul 2023 13:15:21 -0500All taxes collected from all the above for the government suddenly becomes a big fat...0https://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563319779#563319779All taxes collected from all the above for the government suddenly becomes a big fat...0Wed, 26 Jul 2023 12:50:00 -0500Oh, and of course the racing industry then also closes...yep good job.https://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563319769#563319769Oh, and of course the racing industry then also closes...yep good job.Wed, 26 Jul 2023 12:47:41 -0500The 100s of bookies will be fighting each other for the 50 or so punters bothering anymore...it wouldn't last.https://community.betfair.com/horse_racing/go/thread/view/94102/31811191/be-careful-what-you-wish-for-turnover-based-levy-could-be-brutal-for-betting-exchanges?post_id=563319765#563319765The 100s of bookies will be fighting each other for the 50 or so punters bothering anymore...it wouldn't last.Wed, 26 Jul 2023 12:44:39 -0500