Our system detected that your browser is blocking advertisements on our site. Please help support FoxesTalk by disabling any kind of ad blocker while browsing this site. Thank you.
Jump to content
 Share
filbertway

Betting Thread

By filbertway, in General Football and Sport

Recommended Posts

whoareyaaa

whoareyaaa

Posted
Posted (edited)

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 by whoareyaaa
Link to comment
Share on other sites
ScouseFox

ScouseFox

Posted
Posted

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.

Link to comment
Share on other sites
ScouseFox

ScouseFox

Posted
Posted

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 lol

Link to comment
Share on other sites
Ashley

Ashley

Posted
Posted

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

Link to comment
Share on other sites
separator

separator

Posted
Posted (edited)

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 by separator
Link to comment
Share on other sites
StanSP

StanSP

Posted
Posted

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

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
 Share
Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...