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£2 for FOBTS max - WILL be
£2 for FOBTS max - WILL be
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Replies: 125
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Yes, pixies. This is what the antis on here can't see: that in the eyes of everybody else we're all the same. Whether we play on Betfair, back horses in the shops, or do our cash in the FOBTs, we are all just gamblers in the eyes of everyone else. And with everyone else having got used to enjoying the extra tax rake since the introduction of FOBTs, then the rest of us gamblers are going to have to make up the shortfall.
And if in the new taxes destroy everything - shops, online sportsbooks, exchanges, the lot - well, it's for our own good, isn't it? After all, we'll still have the National Lottery, and that goes to good causes, doesn't it?  |
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Yes most people don't know the differences between betting and gambling and all that's in between.
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Exactly, SBTW, beautifully put.
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So the genuine punter needs the machines to survive then according to some?
Well what a sorry state we are in. |
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Yes. The genuine punter now needs the machines to continue, because tax take from the FOBTs has convinced the government there's more tax to be had from gamblers overall. And if the FOBT players are no longer providing this extra tax rake, then the genuine punters will be expected to instead.
So yes. What a sorry state we are in. |
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All this crap about the government losing revenue is rubbish, not withstanding corporation tax and PAYE tax implication etc, if a punter doesn't spend it on a fruit machine forgoing the tax raised on betting, he could spend it on purchasing other things which in most cases has a 20% tax charge on it(VAT)
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I agree, Llamedos. But that's not how Hammond sees it. And it's him (and the voters) who decides, not us punters.
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I just put a tenner in a FOBT machine
And got out 8 quid in change  Whoes the daddy  And handed the awful shop staff a P45  |
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A £2 FOBT stake would focus the bookmakers on re-modelling their businesses.
These hideous inventions are a bane on our society. Hopefully any new legislation will see the back of them; and the ridiculous number of high streets full of bookmakers. If racing's finances are dependent on these machines, I'd be very happy to see a reduction in prize money and less racing. |
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Can it get any worse £2 a spin max and now cannot back anything in Ireland with any confidence. What next?
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When the 15% rate was introduced all the big firms agreed that their online
buisness would remain in this country.Every single one reneged on that deal so the time has come to greatly increase the online tax rate. Their current buisness model has nothing to do with bookmaking,nowadays it's all about them systematically fleecing the weak and requires no special expertise. It's crazy that the government license these parasites and settle for such a small cut. |
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shares going south.
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The only people in favour of FOBTs are bookies shareholders. They don't give a sh!t about horse racing or the poor. They just care about their dividend.
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No coincidence that the FOBTy bookies are the most likely to close/restrict your online account down. Must be plenty on here that have been given the bums rush by Mountains, PP, the Crooks and the Jokers.
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protesters outside Parliament now for a rise from £2
https://www.racingpost.com/news/news/betting-shop-staff-and-mps-call-on-government-to-reject-2-fobt-stake/328971 Betting shop staff and MPs call on government to reject £2 FOBT stake MPs Laurence Robertson and Philip Davies joined betting shop staff in Westminster MPs Laurence Robertson and Philip Davies joined betting shop staff in Westminster 1 of 1 By Bill Barber UPDATED 3:54PM, APR 25 2018 Betting shop staff were joined by MPs in Westminster on Wednesday to demonstrate against the possibility of the maximum FOBT stakes being cut to £2 from £100. Holding placards, staff from Ladbrokes Coral, William Hill and a number of independent firms took part along with Conservative MPs Laurence Robertson and Philip Davies and Labour MP Chris Evans. The demonstration was staged against the backdrop of the government's gambling review, the results of which are expected to be published in the next few weeks, including a final verdict on what level FOBT stakes should be set at. The government's consultation set out a range of options from a £2 maximum – which campaigners against the controversial machines have called for – to £50. The majority of the retail betting industry claim that should the government decide on a £2 stake it would amount to a de facto ban on the machines, leading to half of all betting shops closing with 21,000 job losses, as well as millions of pounds of lost tax revenue and income for racing. Ron Hearn, Betting Shop Manager of the Year: "Betting and racing go hand-in-hand. It's not just betting shops at risk, it’s racing too" Ron Hearn, Betting Shop Manager of the Year: "Betting and racing go hand-in-hand. It's not just betting shops at risk, it’s racing too" Edward Whitaker (racingpost.com/photos) Vicky Knight, who works for Jenningsbet, said: "We're talking about a 98 per cent reduction in the stakes, but we have lots of adults who want to stake £20 or £30 and that is an appropriate level in a highly regulated environment like a betting shop." Her colleague Ron Hearn, the reigning Betting Shop Manager of the Year, added: "I've been a racing fan all my life. Betting and racing go hand-in-hand. It's not just betting shops at risk, it’s racing too." Robertson said: "It was good to have such a turnout at Westminster. However, it was also sad, because those there, and many who couldn't be, know their jobs will be at risk if the government cuts FOBT stakes to a maximum of £2." Newspaper reports this week have claimed a £2 maximum stake is looking likely, claiming chancellor Philip Hammond has dropped objections to the plan. |
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them placards, sigh, just sigh ..
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Davies and Robertson,there's a surprise.
Someone should ask Davies if he has had any account restrictions,one of the biggest snide ew punters you will find. |
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The bookies have no shame parading and using their lowly paid high street betting shops staff to lobby MPs outside The Houses Of Parliament about the negative consequences of a £2 max fobt limit.
High street bookies are not bookies any more ie they do not take bets (they put restrictions instead) on horse racing, football, tennis, f1, rugby, etc, from recreational punters or followers of the sports; they are just the custodians of fobt(s), nothing else. I'd rather see these unskilled staff lose their jobs (if so) than them "robbing" the "sick", the venerable and the addicted of fobt to feather the nest of the highly paid and no conscience betting executives eg Andy Hornby, and pr Simon Clare. |
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1.01 Fred bussed his staff down there at their own expense.
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90% of the cash what goes in these machines is benefits money, funded by credit cards, or money from petty crime,
in my town anyway, lets get rid of a few shops and a few smug staff to boot |
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Only 3 mps out of 650 and 2 of them will expect payment of some kind in return.
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Good point JML
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I will ask for odds the staff will be getting petitions to sign the customers up
in protest of the cut. regards Ronnie. |
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Ronnie--the last petition they organised is still fresh in the memory.
ended up them asking the same people to sign time after time. |
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jml
that was about 4 years ago support your local bookmaker, sad to say not many local bookmakers left. I still support my local bookmaker have done for the last 12 years. have a nice evening regards Ronnie. |
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In claiming that half of all shops would close, the industry is implicitly admitting that there was a doubling of shop numbers solely to accommodate these machines.
If they have to close, then they have to close. |
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When the last petition came out I surprised and disappointed the young lad who asked me to sign by refusing to do so. He asked why. I said it was because his shop limited me to £10, win only, SP. Without a soupçon of irony he told me I could have as much as I wanted in the machines......
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parispike
When the last petition came out I surprised and disappointed the young lad who asked me to sign by refusing to do so. He asked why. I said it was because his shop limited me to £10, win only, SP. Without a soupçon of irony he told me I could have as much as I wanted in the machines...... |
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"I keep Britain gambling safely" says the placard...
Did they miss the bottom bit.. "By only laying £2.76 on a 6/4 shot". The levels that this lot stoop to is beyond belief... "Our shops are the safest place to bet" says the next placard... Did they miss the next bottom bit... "When I'm female, single manning late at night and some guy wants to smash the shop up because he's done his jobseeker's allowance in on the roulette". |
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Spot on Bettinghelp...
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i dont understand the single person thing late at night, its just pure greed by the owners
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one of the cashiers in my local baldies is so miserable, do they really treat their staff that bad, ive heard cashiers shouting down the phone in front of punters before now, they survived before fobts existed.
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I live in Edinburgh, about a year ago I watched a girl , no more than 20 put £2,000 into the puggy, she did the lot in ,in less than 15 minutes , left the shop and came back 5 minutes later and stuck another grand into the same machine , did that in in ten minutes. crazy punting .
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she knew it was due a payout mate.
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... came back 5 minutes later and asked for her last £5 on a 15/8 shot at Cheltenham.
Referred to trader ... |
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punter gets benefit money from treasury, punter loses x amount in machines, treasury takes 25% from bookies, sounds like a good deal to me from the treasurys point of view
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they that's the government should never allowed fobs in the first place...get a 2nd chance to correct the mistake
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they will still be there just reduced stakes, i think £10 should be a max, trouble is punters think that roulette is easy money but many cant do the maths like backing 3/4 of the board, they wouldnt back a threes on shot on horse racing would they .
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i watched a guy 2 weeks ago playing slots, he was £600 down playing £2 a spin, jackpot came in still £100 down , still playing ,15 minutes later balance down to £300 odd and swearing at the machine, i liked fruit machines in the old days but these machines eat money for fun, old fruit machines was just 20p a spin, sit there watch someone feed £40-50 in win very little then within £6-7 you win the jaackpot
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