Betting Thread

[whoareyaaa]

Imagine running a betting group and earning £260,000 a year JUST IN SUBSCRIPTION FEES that's before having a bet of your own. Obviously this would have to be classed as a business any idea on the tax involved on money like that??

 

There is quite a few people who do this.

 

For starters you will have to charge VAT once you hit 70k and the tax is like anything else 20% corporation tax then you would have to take a wage out of that 40k a year if your bringing in 250k, you would still make a healthy profit, pm me if you want to go ahead with it I would be up for that I got the tools and knowledge for it to happen.

Edited 8 January 2015 by whoareyaaa

[ScouseFox]

ante post bet for Cheltenham.

faugheen champion hurdle 5/4

annie power mares hurdle 11/10

sprinter sacre champion chase 7/4

silviniaco conte gold cup 11/4

don poli national hunt chase 7/2

dynaste ryanair chase 5/1

vatour jlt novice chase 9/2

pays 7200/1 if they all run. no runner no bet.

tempted for a few quid just to see how it gets on. also means I can back a few outsiders in each race.

if I throw in jolly allen at 16s it takes the odds to 123009/1 but as the novice chase is normally 1st race of the week I think. it could come crashing down early.

not 100% sure but you might wanna check they're not NRNB/NRMB on singles only or something daft.

[Bayfox]

not 100% sure but you might wanna check they're not NRNB/NRMB on singles only or something daft.

to be honest I doubt I'll place it. but just wanted to sèe what odds it threw up.

answer. long ones.

[ScouseFox]

i'm using all the money back i got for one solitary bet tomorrow, barton gift @ catterick, @ 11/2. already in from a bigger price, should handle the huge trip and goes on any ground, but the good to soft that is forecast for tomorrow will be ideal after he went well enough on soft last time out when finishing second. e/w play as it should definitely be there or thereabouts, hopefully a winner.

Fell on the flat

[Ashley]

There is quite a few people who do this.

For starters you will have to charge VAT once you hit 70k and the tax is like anything else 20% corporation tax then you would have to take a wage out of that 40k a year if your bringing in 250k, you would still make a healthy profit, pm me if you want to go ahead with it I would be up for that I got the tools and knowledge for it to happen.

It isn't me. I know someone who runs his own gambling group, different from the one I was in but still £30 p/m.. silly money

[Unabomber]

Scouse you know the refund triggers on betfair are they only valid for one bet? Like you only get one stake back if you put a few bets?

[ScouseFox]

yeh first qualifying bet you get your stake back I think it is. so like tenner on a fgs, then tenner on a correct score or something you just get one free tenner (I think)?

[Unabomber]

I thought so just wasn't 100% sure.

[ScouseFox]

Well ive only got one free bet back from first an last scorer bets last night so unless one is just on its way then it appears that is the case. I've never read the ts an cs tho tbf

[Unabomber]

No one reads ts and cs that's boring.

[ScouseFox]

Living life on the edge man

[Tincy]

there are no meetings there now between now and 10th jan

So they've gave me a free bet I can't use!

[separator]

I've got a free £5 bet to use on the horses at sandown and wincanton, when do these said meetings take place as the free bet expires on the 10th Jan?

The last meetings at these two tracks were on saturday 3rd jan. Next one is Wincanton on the 15th. When is the free bet valid from? Maybe its for last weekend.

 

http://www.sportinglife.com/racing/calendar

Edited 8 January 2015 by separator

[Unabomber]

Playing it safe tonight, on Steve McNulty to order a pizza anytime (kebab no bet) at 1/2.

[Unabomber]

Got one in nice and early for tomorrow:

 

Chelsea

Bolton

Bournemouth

Bristol City

Burton

 

£6.19 at 13/1

[Banks]

Brentford

Burton

Chelsea

 

 

£10 returns £43.

[Brenfox]

Orleans

Marseille

Deportivo

11/1

[Lamby]

Marseille -1

Dijon -1

Bolougne -1

 

49/1

[Guest Col city fan]

What is going on?

Have a double on Dijon and US Orleans..both sides have a player sent off in the first half...

[AKCJ]

5 on Ulloa and Leicester 2-0.

 

Returns about 170.

 

 

10 on Chelsea, United, Spurs, Arsenal, Man City and West Ham.

 

Returns about 440.

 

 

20 on Ulloa to score and Leicester to win

 

Returns 100.

[ScouseFox]

Hearts, Hibs, Psg, Benfica @ 100/30. 

City, Burton, Wycombe, Aberdeen @ 10.6/1.

Edited 9 January 2015 by ScouseFox

[sidavies1970]

Evening gents

 

Been a while since there was a decent offer to share, but this one looks like a sure thing.

 

4/1 on Chelsea to beat Newcastle (from 1/5), paid as cash, £5 max. Fairly sure many of you won't have an account with these too!

 

Linky - http://btprft.in/4to1cfc (tote)

 

Enjoy 

[StanSP]

Bournemouth

Brentford

Burton

Bolton

£5 returns £71.75

 

Barnsley

Southend

Swansea

£4 returns £47.39

 

 

Over 2.5

Burnley vs QPR
Palace vs Spurs

Cardiff vs Fulham

Crawley vs MK Dons

Hartlepool vs Cheltenham

£5 returns £130.58

 

Bournemouth vs Norwich

Bradford vs Rochdale

Alloa vs Rangers

Bastia vs PSG

Everton vs Man City

£3 returns £56.35

[Guest kristianity77]

Some great odds floating around today on individual matches for some reason.  Heres my 7 way acca

 

Chelsea

Blackpool

Cardiff

Charlton

Brentford

Peterborough

Wycombe

 

£25 stake - Wins £4,352

Edited 10 January 2015 by kristianity77

[Unabomber]

Chelsea -1

Burnley - QPR under 2.5

Birmingham

Aberdeen

 

£5 at 11/1