If The Tote Was A Supermarket........

whitehouse Wrote:

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> The tote takeout on win pools is 18%.The take out
> on exotics like swingers pick six etc is 25%.The
> take out on sports pools is 33%.Bookmakers on
> average make about 10% on turnover with massive
> risk and on sport their is no TAX.They pay 6.5%
> tax on their winnings and losses on a month are
> carried forward on a monthly basis.On open bets
> which have around for over 40 years as 10 cent
> pools in small towns bookmakers today at most
> better shops carry the 6% tax for the punter and
> they pay it on behalf of the punter.Service is
> better,minimum bets are not six rand but
> less,VERBAL BETS ARE ALLOWED NO BETMARK CARDS ARE
> NEEDEDWe seem to forget that due to the past most
> of the African population were uneducated,not
> their fault.NOW THE TOTE OPERATORS GO OUT OF THEIR
> WAY TO ENFORCE BET CARDS,R6.00 MIN BETS,NO VERBAL
> BETS WHY DONT THEY JUST ANNOUNCE WE DONT WANT YOUR
> MONEY GO TO THE BOOKMAKERS.They have no idea.They
> deserve to lose their turnover.
I take it you have recently been to the tab/bettingworld at Turfontein

Hahaha....................in the Uk the Tote is referred to as a Bookmaker & is owned by Betfred which bought the Tote out from the Govt. in one of those privatization deals.

Yet they maintain 60 odd racetracks, pay stakes & give out grants & also donate to horse care & charities annually.

LINK........................BHA


www.britishhorseracing.com/economic_impact_2013/

Supposing the Tote supermarket decided to hold a raffle and the 1st prize was a hamper with a chicken, a leg of lamb and some vegetables in it.

Would it be legal for the bookmaker supermarket to put the same hamper together in the car park outside, intercept customers and say, "hey it's a bit inconvenient for you to go in and buy the Tote raffle ticket so just buy one of ours and if your number comes up in the Tote raffle u can have this hamper?"

Mike ,bookies pay into the levy in the UK

Supermarkets sell lotto tickets but don't keep the profits , they act as agents

Paying bookies to act as agents on some exotics would benefit everyone in the long run

Tote for exotic bets, bookies for fixed wins and multiples

hibernia Wrote:

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> Supermarkets sell lotto tickets but don't keep the
> profits , they act as agents
>
> Paying bookies to act as agents on some exotics
> would benefit everyone in the long run
>
> Tote for exotic bets, bookies for fixed wins and
> multiples

I would be surprised if there are no bookies that are Tote agents too. All off course Totes in SA are Tote agencies if I'm not mistaken.

TIPSTER one correction, the totes raffle actually only includes half a chicken, a carrot or three and a few lamb chops after all the tote supermarket owners are very greedy and must take there cut first...<

Tipster Wrote:

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> hibernia Wrote:
>

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>

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> > Supermarkets sell lotto tickets but don't keep
> the
> > profits , they act as agents
> >
> > Paying bookies to act as agents on some exotics
> > would benefit everyone in the long run
> >
> > Tote for exotic bets, bookies for fixed wins
> and
> > multiples
>
> I would be surprised if there are no bookies that
> are Tote agents too. All off course Totes in SA
> are Tote agencies if I'm not mistaken.

u mistaken ,gc have many branches

gregbucks Wrote:

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> TIPSTER one correction, the totes raffle actually
> only includes half a chicken, a carrot or three
> and a few lamb chops after all the tote
> supermarket owners are very greedy and must take
> there cut first...<

and a minute before the raffle closes you see half a chicken but two minutes later you are left with a wing as the rest was eaten buy an "phantom Aussie punter"

mr hawaii Wrote:

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> gregbucks Wrote:
>

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>

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> > TIPSTER one correction, the totes raffle
> actually
> > only includes half a chicken, a carrot or three
> > and a few lamb chops after all the tote
> > supermarket owners are very greedy and must
> take
> > there cut first...<
>
> and a minute before the raffle closes you see half
> a chicken but two minutes later you are left with
> a wing as the rest was eaten buy an "phantom
> Aussie punter"


This is only noticeable because our pools are so tiny. Imagine if all Win and Place bets went through the tote, it would cost you a lot of money to turn half a chicken into a wing! On any day, on any race, at any French venue, that magic trick might cost you over a million.

Edge Wrote:

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> mr hawaii Wrote:
>

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>

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> > gregbucks Wrote:
> >
>

---

>
> >

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> > > TIPSTER one correction, the totes raffle
> > actually
> > > only includes half a chicken, a carrot or
> three
> > > and a few lamb chops after all the tote
> > > supermarket owners are very greedy and must
> > take
> > > there cut first...<
> >
> > and a minute before the raffle closes you see
> half
> > a chicken but two minutes later you are left
> with
> > a wing as the rest was eaten buy an "phantom
> > Aussie punter"
>
>
> This is only noticeable because our pools are so
> tiny. Imagine if all Win and Place bets went
> through the tote, it would cost you a lot of money
> to turn half a chicken into a wing! On any
> day, on any race, at any French venue, that magic
> trick might cost you over a million.


if every win bet went through the tote I and many others would stop punting

mr hawaii Wrote:

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> gregbucks Wrote:
>

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>

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> > TIPSTER one correction, the totes raffle
> actually
> > only includes half a chicken, a carrot or three
> > and a few lamb chops after all the tote
> > supermarket owners are very greedy and must
> take
> > there cut first...<
>
> and a minute before the raffle closes you see half
> a chicken but two minutes later you are left with
> a wing as the rest was eaten buy an "phantom
> Aussie punter"

LMAO....