Six months left for pro gamblers ???

Alex Bird said pro gambling was over in the 80's

Alex was wrong as nowadays there’s more pro gamblers than soldiers in the Chinese army.

I'd love to hear how they will work out what to tax...in detail....

There are no proposals to tax punters as far as I am aware?

A big, big tax hike is coming for the bookmakers. Perhaps much higher than the expected 25%.

They will like winners even less then. Expect higher over rounds with sp's tightened up even more at the lower end. No concessions and stricter limits on pay outs.

No value anymore with ew betting, they have squeezed the pips out of that. Just the exchanges left, mostly milked by higher charges on profitable accounts.

If the Pro's do go. This place will be shut down, it will be back to betting on course and the big wheel will have gone full circle.

Sad but predictable.

Lot of leaps in there to become true for all that barstool.

Cross bridges, if/when it happens IMO.

One view I have/hope is that the worse the bookies become there could just be some move from punters to using exchanges, though that is also speculation.

But if it's speculation, then we may as well chose the optimistic...

agree barstool but I can't see people being able to have 5 fig bets at the track at odds now available and no tax.

Myth….

CagliariG 12 Aug 25 14:58 
There are no proposals to tax punters as far as I am aware?

wont affect ewe mugsy..you have to show a prophet.

False Prophet like you shafter?

acc lifetime says utherwise tobymugs.

Better get your  accounts opened in Jersey or Guernsey then, none of that sh t here.

A pointless thread with no substance of evidence to support it

Are losses tax deductable

Irons, that statement applies to 99% of threads on here...

Still all good fun, though

2 percent com here.....in Aussie courses 7 or 8 percent

50 
A pointless thread with no substance of evidence to support it

Past 12 months P & L ?

Plus expenses…..

Iron

I would be absolutely certain that your P&L will be two thirds of FA,Aceform

But,of corse,that is not what the thread is about,is it

Well it is about pro gamblers which i replied it’s a myth…..imv…

No person on planet earth earns money to live and pay bills punting 100% on horse racing…..

Normally the so called will have another income…..stop living in cuckoo land ffs……ffs….Bla

I will grant you that it is getting harder.
The golden days have gone

they sure have

no need to drink it any longer with the revival of the british brewing industry

aceform, you are wrong. incroyable!

they do exist although the margins are shrinking

One UK meet tonight.....360k matched

And,how much of that is actual bets freddie?

Calvin said on the ak podcast,that it’s half of traded was bets.

I think that’s high.

But to move the odds,even 0.2 bets or lays must be placed,

At minimum it’s got to be 10% of traded is new money,

People must know,but it might fall under corporate privacy,

50%bis a gross exaggeration CUTH

They asked him a question about a horse,someone said x thousands traded,he said,so about half of that is bets.,new money etc.

I thought that’s high.

But basically if 10 million traded
9.9 mill on back column,9.9 mill on lay column
Everyone sat around waiting for someone to put 20 quid on it,so they can trade position.
All trying to eek out 1 pence each profit out of that.

formoftheace 12 Aug 25 18:57 
Well it is about pro gamblers which i replied it’s a myth…..imv…

No person on planet earth earns money to live and pay bills punting 100% on horse racing…..

one of my mates,used to work in my office,now from home..wins £2500 ish ev mth last few yrs..2k a week yrs ago in office..had about 6 losing weeks in 15yrs.

No person on planet earth earns money to live and pay bills punting 100% on horse racing…..

i knew dozens who did until bout 5yrs ago.

I’ve yet to see a true reading,and until i will continue be a non believer….

Playing in running and trading is night and day from pre race selection and playing on course or online….

Lot of so called on social media at the track punting in cash…..

One doesn’t keep records and goes solely by  what’s in the pocket…..ffs

Remember the well known person on here had a two year loss on course…..backed and propped up by books and appearances……you know the one….

I am confused as to why you think your opinion on "Pro Punting"has any relevance Aceform as you have never been one.Still,it has never stopped you in the past

Dunno if you are right Len, but you do have a wonderful name.

Not picking on him irons but he's like most punters " if I can't do it how can anyone else...unless they're cheating "

Lol

uptheirons 13 Aug 25 12:07 
I am confused as to why you think your opinion on "Pro Punting"has any relevance Aceform as you have never been one.Still,it has never stopped you in the past

I’ve said on many occasions iron….1993-1996…..you must keep up,you should have been aware with your other forum name….

The problem that you have Aceform is that your confidence is totally gone and when you do spot a good opportunity you are frightened to take it.
One glowing example was at Aintree this year when you stated that Jonbon should be 1/5 and it was trading at 1.67 on BF which I suggested should have been a maximum bet for you.
You didn't back it saying,"it's not my type of bet".
I need say no more.
Good luck

Harsh lol tbh…..

Ffs

Stephen Hendry ruled World Snooker for years but today struggles to knock in fifty breaks.
It happens in all walks of life

yes f@rty pre race i kon kerr..ive came across thousands of gamblers in my life..never yet met one who made themselves enjoying a comfy life through betting pre race.

ive came across thousands of gamblers in my life.   Any south of Darlo ?

the anorak on here wrote a couple of best selling books that listed his bets...all pre-race /on-course.

Never seen the appeal of trying to be a full-time gambling pro - far too stressful a life IMO.

Much better to have some decent employment that only takes some of your time, and aim for an achievable, smaller, side-income from gambling.

think you're right for most stu.  the best have zero regard for money imo

I wouldn't say zero regard howard.
I would say that adequate funds to express your views is nearer the mark and most importantly of all,rigid discipline

i have no regard for money but it has even less for me and despite occasional contamination, manages to maintain a healthy distance between us

Ten bob or ten large as long as you catch them…..imv

Rico has come across 1,000s of gamblers in his time ...........get all sorts at the glory holes !

I’ve known a few who have had a good life punting pre race

hope they made their NI contributions or no state pension.