Levy changes

[Naffman]

If crowds aren't back to full capacity in the next 6-9 months then racing in this country is in significant trouble

[LeTiss]

.... when they scraped the 9% betting tax.

Remembering the 9% tax made me wonder how old my oldest spreadsheet was. Ah the good old days of staking £109, at a price you can understand, and using actual folding money. How quaint.

1998 is a lot redder than this bit, 9% and the bookies 30% overround did me in eventually. Somehow this file didn't end up in the trash, along with my big idea to make a living from gambling at the time. Idiot Thankfully the millenium bug panic made it easy to get my old job back again, tail between my legs obv.

Get in there Splendid Thyne. I bet that was a good Saturday night !
Screenshot_1.png

I worked for Ladbrokes when it was 10% - much easier to work out for the average punter

I always remember the massive % of punters who paid their tax before. It showed the eternal optimism of gamblers.......this one is DEFINITELY a winner

[Anbell]

If crowds aren't back to full capacity in the next 6-9 months then racing in this country is in significant trouble

I would guess that is at least 20.0 chance

[Naffman]

If crowds aren't back to full capacity in the next 6-9 months then racing in this country is in significant trouble

I would guess that is at least 20.0 chance

Not if you look at the govt. stance and the incompetence of the BHA

[Anbell]

If crowds aren't back to full capacity in the next 6-9 months then racing in this country is in significant trouble

I would guess that is at least 20.0 chance

Not if you look at the govt. stance and the incompetence of the BHA

I'm saying there's only a 5% chance (IMO) that crowds are back to full capacity within 9 months (on a permanent basis).

[sionascaig]

I would guess that is at least 20.0 chance

Not if you look at the govt. stance and the incompetence of the BHA

I'm saying there's only a 5% chance (IMO) that crowds are back to full capacity within 9 months (on a permanent basis).

Should also be worried about the number of owners that drop out due to v poor prize funds. If they don't drop out altogether then good chance they will reduce number of horses in training.

[Naffman]

Not if you look at the govt. stance and the incompetence of the BHA

I'm saying there's only a 5% chance (IMO) that crowds are back to full capacity within 9 months (on a permanent basis).

Should also be worried about the number of owners that drop out due to v poor prize funds. If they don't drop out altogether then good chance they will reduce number of horses in training.

Sorry I thought you meant 5% chance that we are not back to full capacity by then.

Exactly, owners are leaving in their droves, you just have to look at the sales yesterday and the low prices they're selling for too, big 12 months for racing in this country

[Euler]

Surely too many races on most of the time though?

Some days you are just flipping from one poor quality race to another with tiny field sizes in remote parts of the country. Not very inspiring stuff!

[Naffman]

Surely too many races on most of the time though?

Some days you are just flipping from one poor quality race to another with tiny field sizes in remote parts of the country. Not very inspiring stuff!

Guess it'll just be the sheikh of Dubai vs the king of oman then

[LeTiss]

Surely too many races on most of the time though?

Some days you are just flipping from one poor quality race to another with tiny field sizes in remote parts of the country. Not very inspiring stuff!

It's a wonder places like Cartmel survive. They wouldn't without the levy board

It's in a beautiful part of the country. Can you imagine how much that land would be worth for development?

It's like licencing chains who are desperate to bulldoze unprofitable pubs, because they'll make a fortune selling the land for housing

[Naffman]

Surely too many races on most of the time though?

Some days you are just flipping from one poor quality race to another with tiny field sizes in remote parts of the country. Not very inspiring stuff!

It's a wonder places like Cartmel survive. They wouldn't without the levy board

It's in a beautiful part of the country. Can you imagine how much that land would be worth for development?

It's like licencing chains who are desperate to bulldoze unprofitable pubs, because they'll make a fortune selling the land for housing

I heard Chester put £20k of their own money into prizemoney, probably an extra £5k for all the staff that are still working there so it's no wonder they've said we're not racing next year unless crowds are back, I can imagine a lot more racecourses are in a similar boat

[Anbell]

Surely too many races on most of the time though?

Some days you are just flipping from one poor quality race to another with tiny field sizes in remote parts of the country. Not very inspiring stuff!

You are not supposed to be here!

[Euler]

I'm back now, I've had my long weekend.

[Anbell]

I'm saying there's only a 5% chance (IMO) that crowds are back to full capacity within 9 months (on a permanent basis).

Should also be worried about the number of owners that drop out due to v poor prize funds. If they don't drop out altogether then good chance they will reduce number of horses in training.

Sorry I thought you meant 5% chance that we are not back to full capacity by then.

Exactly, owners are leaving in their droves, you just have to look at the sales yesterday and the low prices they're selling for too, big 12 months for racing in this country

That's the least of it. They shut down Australia because there were 50 cases per day. The idea that there will be full capacity events anywhere within a year seems very unlikely to me.

[Naffman]

Should also be worried about the number of owners that drop out due to v poor prize funds. If they don't drop out altogether then good chance they will reduce number of horses in training.

Sorry I thought you meant 5% chance that we are not back to full capacity by then.

Exactly, owners are leaving in their droves, you just have to look at the sales yesterday and the low prices they're selling for too, big 12 months for racing in this country

That's the least of it. They shut down Australia because there were 50 cases per day. The idea that there will be full capacity events anywhere within a year seems very unlikely to me.

I've long slated V'Landys but at least he ensured the racing industry had plenty of money to support everyone.

Wagga on Saturday has more money than most of the meetings in the UK this week - that says it all really