New Posts For Thread: when u won on course did they take 4% off all returns ?https://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returnsin the pre-1987 days say u had an even monkey. Did they take £40 off and give u £960 or £20 off yer £500 winnings. Think it was the former. Anyone remember ?Was 10% in UK offices for a while don't know anything about Ireland.https://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565527575#565527575Was 10% in UK offices for a while don't know anything about Ireland.Sat, 08 Aug 2026 06:49:48 -0500I remember paying 6% on stake and winnings at The Curragh in 1975 (?) [50 at 5/1 = 300, returned 282]Did it go to 10% a few years later?https://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565527541#565527541I remember paying 6% on stake and winnings at The Curragh in 1975 (?) [50 at 5/1 = 300, returned 282]Did it go to 10% a few years later?Sat, 08 Aug 2026 06:29:33 -0500no wonder they didn't give tickets out £2000 bet you've made £80 whatever happenshttps://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565527513#565527513no wonder they didn't give tickets out £2000 bet you've made £80 whatever happensSat, 08 Aug 2026 06:04:00 -0500if a punter had a £900 to £100 a winner, he would draw £960, but the bookie would only pay £4 to the taxman. If a bookie took £5,000 on the day he would pay £200 to the taxman, regardless of winning or losing on the dayhttps://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565526865#565526865if a punter had a £900 to £100 a winner, he would draw £960, but the bookie would only pay £4 to the taxman. If a bookie took £5,000 on the day he would pay £200 to the taxman, regardless of winning or losing on the dayFri, 07 Aug 2026 09:42:40 -0500Was he referring to a 100/1 shot howard? Makes no difference if he was as the only figure that counts is the £1,000 stake i.e 4% = £40.https://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565526849#565526849Was he referring to a 100/1 shot howard? Makes no difference if he was as the only figure that counts is the £1,000 stake i.e 4% = £40.Fri, 07 Aug 2026 09:23:48 -0500so you went to the track had £1000 on a 100/1 winner and paid £40 tax. WALOFShttps://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565526839#565526839so you went to the track had £1000 on a 100/1 winner and paid £40 tax. WALOFSFri, 07 Aug 2026 09:19:23 -0500Looks like you are confusing yourself, the tax on the monkey bet was £20, £36 on the £900 i.e solely on the initial stake and nothing on any returns above the stake.https://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565526833#565526833Looks like you are confusing yourself, the tax on the monkey bet was £20, £36 on the £900 i.e solely on the initial stake and nothing on any returns above the stake.Fri, 07 Aug 2026 09:14:34 -0500CagliariG, I was also a punter, and paid 4% on any returns from all bets I had. The taxman supposedly received 4% of all stakes on course correct, but the question was what does the punter draw £960 or £980. It would be £960, if the bet was an evehttps://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565526809#565526809CagliariG, I was also a punter, and paid 4% on any returns from all bets I had. The taxman supposedly received 4% of all stakes on course correct, but the question was what does the punter draw £960 or £980. It would be £960, if the bet was an eveFri, 07 Aug 2026 08:56:31 -0500why did you pack in ? not enough tracks ?https://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565526791#565526791why did you pack in ? not enough tracks ?Fri, 07 Aug 2026 08:42:26 -0500Sounds like you were not vey savvy then kingofthebop, the 4% was applied to all stakes whether win or lose and had nothing at all to do with winning punters returns.https://community.betfair.com/horse_racing/go/thread/view/94102/31908519/when-u-won-on-course-did-they-take-4-off-all-returns?post_id=565526787#565526787Sounds like you were not vey savvy then kingofthebop, the 4% was applied to all stakes whether win or lose and had nothing at all to do with winning punters returns.Fri, 07 Aug 2026 08:41:36 -0500