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Should ban the things IMO
Then bookmakers can either decide to revert back to being bookmakers or shut down. |
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easy target - what about the thousands who play these all day,
i do think all these adverts for gaming sites should be targetted on betting type programmes,racing/football - but there is to many of them - it dosent work in your face promotions as 50% of the population never bet. |
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"According to a report commissioned for the Association of British Bookmakers (ABB), that type of fixed odds machine gives a much higher return of stakes than other forms of betting meaning between 97 and 98 per cent of money gambled is given back," the newspaper reported.
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Shipley MP Philip Davies (AD: Who has received benefits worth more than £10000 from bookmakers ) differed, saying: It's up to people to do with their money as they see fit and the rate of return from these machines is higher than any other form of gambling. No one wants to see people getting addicted but people can sit in front of their computer 24 hours seven days a week and gamble. I'd say it's better for them to be in a betting shop in a controlled environment where staff are trained to keep an eye for tell-tale signs.
What a disgraceful human being. ![]() |
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They know their territories and Bradford West is targeted because it is one of the most deprived constituencies in the area where people in poverty are so vulnerable that as austerity worsens they are spending more money in desperation on these machines seeking to get as much relief as they can, Galloway claimed.
then mr galloway should be asking customs and excise,inland revenue and the serious crime squad to go into these shops and find out exactly where this money is coming from as it certainly is not all benefit money |
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scaredmoney 31 Dec 12 14:25
"According to a report commissioned for the Association of British Bookmakers (ABB), that type of fixed odds machine gives a much higher return of stakes than other forms of betting meaning between 97 and 98 per cent of money gambled is given back," the newspaper reported. That statement is correct by the way. |
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Muslim community in wanting to ban gambling shocker
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This is a far more difficult situation than people just saying "These should be banned" the idea of saying what people can and cant do with there money is against almost everything this country should stand for, but vunrable people ofcourse need to protected. Its a very similar issue to a few months ago when the government attempted to put a minimum price on booze, effectivly saying people with little money are too stupid to decide how much they should be drinking but people with large amounts of cash can drink what they want. Living in England people have to be able to have choice of how to spend there time and cash without people who "know best" telling the rest what they can and cant do. Its just impossible to see how this situation can ever change these machines are here to stay and we may have to accept some people will suffer as a result.
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Living in a country that has suffered more than the average country from the effects of post European industrial revolution
meltdown thanks to getting bankrupted twice waging wars on fascists while the rest of the world including the super powers idle in splendor, this country is at such a point now that the failure of successive governments to drive a real economy beyond the more fickle quick fix house owning and credit booms and blow outs in the economy we are faced with tax bills that lean heavily towards taxing the poor in terms of tobacco, alcohol and gambling and the real problems that are created by additions are not taken on in favor of raking the masses with as many stealth taxes as possible. Quite possibly this government and others are the real gamblers who now rely on Spin, poor bashing and taxing to keep them in power and side stepping the real problems that will cost Britain more than a few billion in national debt as the future of the Jobs market, indeed the collapse of it and the whole welfare system is at stake and could see life in the future take a terrible decline for the average UK citizen that doesn't but the dream any more of false economies created by members of parliament that are not in touch with the reality of the state of the nation beyond the task of clinging desperately in power. The next few years will see the unhinging of many things and the falling apart of what was considered not important that will emerge towards as the most as the UK will address a reality check that will rock society and the whole government system empathetically! Happy New Year! |
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maineroad • December 31, 2012 4:07 PM GMT
scaredmoney 31 Dec 12 14:25 "According to a report commissioned for the Association of British Bookmakers (ABB), that type of fixed odds machine gives a much higher return of stakes than other forms of betting meaning between 97 and 98 per cent of money gambled is given back," the newspaper reported. That statement is correct by the way. Im not the brightest maineroad so you may have to explain this slowly to me ![]() In the example above £393 million was gambled in the fobt's but £12 million was paid out in winings.......are you saying that around £360 million (ish) was break even money,or am i missing something? |
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yeah a brain cell
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We arent all idiots scaredmoney and 98% to the power of 10-20 is the whole kabundle as what is revolved in the turnover becomes smaller and smaller as FOBT players sit for long periods till its all gone, 100%!
Evaporaton may only effect the great lakes by a factor of 0.0001 a day say as an example but without the rain give it a few years and it would be another salt lake city! |
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It's the speed that the money turns over that is a big problem so the high return % may be correct but if you feed the machine constantly it doesn't take long to whittle your money away. eg £100 bet (usually very quickly) returns £97 then you put the £97 in & get 97% of that returned and on and on....................
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100 pounds in machine,
in theory 97 back on average. 97 pounds goes back in, and 94 xomes back out. 94 goes in , 91 comes back out,, etc etc etc, rinse wash repeat. |
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the fact that you can spin a ton quickly at risk when the fools sat there cant replace the sum if the risk goes wrong
adds to the problem and restictions in bet size should match what the turf critters do to its uneconomical punters via bet size retrictions, duplicite behavoir to attack the vulerable. |
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was the 393 million turnover or actual cash put in the machines.
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says turn-over, so take a wild ****** guess.
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12 mill gross profit iz 3 percent of 400 mill turn-over
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they took nearly a billion, not bad for a leisure industy that was on the ropes like the pubs several years back!
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manxy 31 Dec 12 16:29 Joined: 09 Oct 10 | Topic/replies: 5,862 | Blogger: manxy's blog
says turn-over, so take a wild ****** guess. where does it say turnover |
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there.
after a study showed that almost £ 393 million was gambled on the gaming machines in the Bradford area alone in the space of just one year |
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Cheers manxy,i did say i wasnt the brightest
.....thank you for taking the time and trouble to explain it for meDoing it without an insult would have been better but thanks anyway ![]() |
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wouldnt of had the same impact, but i will take into consideration your comments on the delivery of my help.
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The problem that the said high street chain operators have had is the competion from other
leisure markets and services, namely the Internet and there own failure to compete fairly has led them down the route of FOBT machines to pay the many EX,S that the publican owners and other sufferers could pay, but what strikes me as unfair is that when the Pubs got hit with the Smoking Ban and turned to poker tounements, the Casinos stepped in and with friends in hi places had it all banned except for minor pots, also pubs cant have FOBT machines in them so clearly Casinos and High street bookmakers are slowly getting favors payed for against the competition in the Leisure Indusrty generally and allowed to place Casino type heavy gambling right on the doorstets of some very vulnerable areas of the Uk something that even the Americans wont allow as casions are pemmitted only in designated areas. The British Public has been sold down the river on a gambling steam ship thats seems to have the treasury firmly at the helm. Unerlines the fact that the Uk goverments think in pounds and pence and not in the quality and sustanabilty of national standards and its expections economically. |
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jeeeeesus......this is a 1st
I agree with everything you have written bf_f i feel faint ![]() |
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The poorest people in the Uk are never seen as vulnerable by the far right except
when used as sitting ducks to put a smile on the old tory diehards when used as scapegoats for the state of the econmy, shambolic and depressing and we need a new leadership sooner rather than later IMO. |
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When new labour emeraged both partys moved to the centre but after the credit crunch
and winning power by default they havent wasted much time in swinging far right as if they have been attached to it by elastic this last decade. |
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And all this tosh about national debt is total sub-diffuse as all countrys have debt as do we all as
debt is a component of all modern economys, you only have to look at Europe and the truble with lending at diffrent rates for different countries to see the effects of debt manangement. If debt is the main article to proserity then how does the govemnent explain getting the bank of england to pump billions of free money to the banks as a solution when clealry this is indeed another mechanism of debt, inhouse? |
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Your meds are wearing off Bf, have a lie down.
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Tbf, he does make some good points above.
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Are you supposing that the economy, the nation and the goverment are in the pink and I am
incorrect GTG as running away from problems or blaming lesser classes is indeed more a systeom of a trobled mind that cant think up the correct solution. |
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Mind you GTG I do respect you but your standards that see the ceators of spelling mistakes or unlucky
tipsters as doctors cases as a little bit harsh and unfair but each to his own and your opinion is just as important as others as long as its not insulting and personal. |
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bf_fananatic,
where is my thread posted about you yesterday gone ? |
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What thread was that HC?
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Are you a computer ''boffin?''
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HD, you really don't know anything about this idiot/basket case, where have you been hiding. He reports threads/posts that tell the truth about him, he's been trying to dupe people on here for ages with lies and aftertiming.
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Well actually I have always programmed computers for many years but for the last couple of years I have
been tinkering with Excel as I got hooked on it from the onset, but I find myself in a postion were I have to embark on programmming as you simply can look at mass data using excel when all your cells and memory resources are taken up with repeated formulas hogging up the datascape. I really need to get the full years races in a pc and find out what really counts in terms of edges and profit as when you are limited by sample sizes its realy like lookig through a keyhole as you know something valuable is in there but see different things at diiferent moments realtive to the flux of natural variation, I have a the equalivalnt of a childs telelscope currently in all fariness but hope to have a hubble type device next year ![]() |
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I can program in all languages, c#, c++, vb and have done a bit of machine coding in the past
my brother is a commerial programmer ! |
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Manky makes an appearance, another no life loser, 24/7 on here.
You still popping valium to get stoned as you've stated on here. |