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levelstakes1
06 Oct 11 10:07
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Date Joined: 02 Dec 03
| Topic/replies: 1,368 | Blogger: levelstakes1's blog
Had a look at Panoramas infamous expose of racing again last night. It was the first time id seen it since its original showing

http://www.youtube.com/watch?v=qIgG3SnfwQo

its still shocking. not so much the actual corruption, but the sheer arrogance of the racing authorities. They come across worse than characters like Brian Wright.
If they showed this every year nobody would punt on horses at all. Younger Betfarians who havnt seen it should take a look
Pause • Switch to Standard View 10 years since no tax. 9 years since...
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Report barry dennis • October 6, 2011 10:25 AM BST
10 years no tax, hate to agree with saville, but racing has been the loser.

levy 2001 £73M  levy 2011 £60M

levy 1995 £50M  levy 2005 £105M   doubled in 10 years.
Report bilbobaggins • October 6, 2011 10:35 AM BST
The £105 m was a one off barry due to high rolling losers according to ladbrokes and hills.
Report barry dennis • October 6, 2011 10:40 AM BST
bilbo, that was the jump to£115M 2007/8
Report swampy • October 6, 2011 10:54 AM BST
What has happened to the high rollers. Will they ever return,are they all playing on betfair.
Report barry dennis • October 6, 2011 11:07 AM BST
pick any 1, gone skint, using exchanges, playing other sports, hard to get lumpy bets on suspect races,
Report levelstakes1 • October 6, 2011 11:07 AM BST
Bookmakers will always accomodate high rollers once they have proven themselves as prolific losers
Report oaklands22 • October 6, 2011 3:56 PM BST
Paint this picture any colour you like!... The problem remains... If the bet fair layers not backers!.. Paid levy at the same rate as the licensed layers,we wouldn't be in this mess!
Report Master Beveled • October 6, 2011 3:58 PM BST
"sorry - I couldn't save you" Laugh
Report geoff m • October 6, 2011 3:59 PM BST
Oaklands
So in a 2 horse race backing 1 dont you become a layer of the tother?
Or in any no of runners backing 1 you become a layer of the rest of the field surely??
Report oaklands22 • October 6, 2011 4:02 PM BST
Doesn't matter either way ... Just pay the levy
Report yoyo • October 6, 2011 4:46 PM BST
geoff m, this has been explained numerous times on here,

SOMEBODY HAS TO BE A LAYER

you cant all be cowboys, some of you have to be indians, otherwise there aint a game
Report oaklands22 • October 6, 2011 5:08 PM BST
Absolutely.. There is always a layer ,no matter what, and if you want horse racing subsidized by the levy ,then the layers should pay the levy!.....
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