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bet365 the world has gone mad


ronnieronalde

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Not bothered how much Denise Coates pays herself, as long as she pays as much tax as me (percentage wise), its not a problem. Its a family owned business trading legally as far as I know so she can please hersen.

I would question how much the industry spends on advertising to keep people hooked or attract new punters. It sort of negates the argument about free choice if they have to push it down peoples throats so often.

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I've got a great disruptive business idea.

how about bet366.com

We'd make a ducking fortune once every four years ?

I'm honestly not trying to piss people off, the thread has got a bit of interest though and if nothing else, has provoked some discussion.

Another interesting link, depending which side of the fence you sit on of course. I found this part particularly worrying.....

"These latest figures showing Bet365’s ever increasing success, have though coincided with a worrying report on children with gambling problems.

The Gambling Commission study claims that the number of children classed as having a gambling problem, has quadrupled to more than 50,000 in just two years.

The study suggesting that 450,000 children aged 11 to 16 bet regularly, more than those who have taken drugs, smoked or drunk alcohol.

The analysis also suggested that one in seven boys followed betting brands on social media."

 

https://www.themag.co.uk/2018/11/latest-accounts-show-1billion-of-bets-placed-each-week-at-just-one-betting-firm-bet365-newcastle-united/

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1 hour ago, ronnieronalde said:

I've got a great disruptive business idea.

how about bet366.com

We'd make a ducking fortune once every four years ?

I'm honestly not trying to piss people off, the thread has got a bit of interest though and if nothing else, has provoked some discussion.

Another interesting link, depending which side of the fence you sit on of course. I found this part particularly worrying.....

"These latest figures showing Bet365’s ever increasing success, have though coincided with a worrying report on children with gambling problems.

The Gambling Commission study claims that the number of children classed as having a gambling problem, has quadrupled to more than 50,000 in just two years.

The study suggesting that 450,000 children aged 11 to 16 bet regularly, more than those who have taken drugs, smoked or drunk alcohol.

The analysis also suggested that one in seven boys followed betting brands on social media."

 

https://www.themag.co.uk/2018/11/latest-accounts-show-1billion-of-bets-placed-each-week-at-just-one-betting-firm-bet365-newcastle-united/

If that's the case Parents are more responsible than online betting companies. Even if a parent cannot fully monitor internet activity surely for children that age they don't have access to means to pay for online habits unless Parents facilitate it.

Its a cultural thing these days, something is always someone else's fault.

McDonalds and the like are blamed for making Kids fat. Its not their fault, everything is fine in moderation, but if you feed your kids fast food regularly and they get fat its your fault not McDonalds.

 

 

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Just now, Paul71 said:

If that's the case Parents are more responsible than online betting companies. Even if a parent cannot fully monitor internet activity surely for children that age they don't have access to means to pay for online habits unless Parents facilitate it.

Its a cultural thing these days, something is always someone else's fault.

McDonalds and the like are blamed for making Kids fat. Its not their fault, everything is fine in moderation, but if you feed your kids fast food regularly and they get fat its your fault not McDonalds.

 

 

Spot on and I agree 100%.. Parent's have got a lot to answer for here.

Still worrying though.

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11 hours ago, ronnieronalde said:

Christ that's a brave thing to post mate, fair play. I hope you're getting the help you need. 

Thanks. Surprisingly, I’ve never told anyone as much of those two stories as I have done here. Thankfully, I’ve now got a secure job on a reasonable income. From 3k in debt and worrying about how to buy dinner, to buying my own £250k house and splashing £3k on an engagement ring in under 18 months is quite remarkable. I know I’m fortunate to have made such a drastic turnaround.

The gambling winnings/losses don’t play on my mind, probably because it had little impact on my life. I don’t gamble any more, but I often feel like returning to the roulette wheel like I did previously - a few hundred quid in minutes sounds ideal when the money you’re risking is unlikely to make a great deal of difference if you lose. Fighting that urge is quite easy. Playing games where in-app purchases are a must in reaching the top and where you easily make friends with the people you play with is where I struggle. I’ve found myself spending a couple hundred quid on such games since, before realising I need to stop. Giving myself a budget is the only way I can control it.

The regret of wasting so much money on a game hurts, but it’s easing as time goes by. 20k in 1-2 years hurts more than 20k in 4+ years. 

There’s a growing awareness of the problems of gambling, but practically nothing when it comes to gaming. @Mafiabob touched on esports a while back, and it may be a start. 

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12 hours ago, uttoxram75 said:

Not bothered how much Denise Coates pays herself, as long as she pays as much tax as me (percentage wise), its not a problem. Its a family owned business trading legally as far as I know so she can please hersen.

I would question how much the industry spends on advertising to keep people hooked or attract new punters. It sort of negates the argument about free choice if they have to push it down peoples throats so often.

Perhaps she should be more like the people's darling, Richard Branson and I quote:

In 1971, Branson was convicted and briefly jailed for tax evasion, having fraudulently obtained export documents for records to be sold on the domestic market in order to avoid paying Purchase Tax. Customs officials caught onto the scheme and executed a sting operation, marking records bought for the international market with invisible ink and subsequently buying them on the domestic market. Branson was advised of the sting by an anonymous tip-off and attempted to dispose of the evidence, but this was unsuccessful.

Branson's business empire is owned by a complicated series of offshore trusts and companies. The Sunday Times stated that his wealth is calculated at £3 billion; if he were to retire to his Caribbean island and liquidate all of this, he would pay relatively little in tax.[Branson has been criticised for his business strategy, and has been accused of being a carpetbagger.Branson responded that he is living on Necker for health rather than tax reasons.

In 2013, Branson described himself as a "tax exile", having saved millions in tax by surrendering his British citizenship.This was echoed by Shadow Chancellor of the Exchequer, Labour's John McDonnell, in 2016, amid calls for his knighthood to be revoked.

Quote

 

 

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1 hour ago, Phoenix said:

Perhaps she should be more like the people's darling, Richard Branson and I quote:

In 1971, Branson was convicted and briefly jailed for tax evasion, having fraudulently obtained export documents for records to be sold on the domestic market in order to avoid paying Purchase Tax. Customs officials caught onto the scheme and executed a sting operation, marking records bought for the international market with invisible ink and subsequently buying them on the domestic market. Branson was advised of the sting by an anonymous tip-off and attempted to dispose of the evidence, but this was unsuccessful.

Branson's business empire is owned by a complicated series of offshore trusts and companies. The Sunday Times stated that his wealth is calculated at £3 billion; if he were to retire to his Caribbean island and liquidate all of this, he would pay relatively little in tax.[Branson has been criticised for his business strategy, and has been accused of being a carpetbagger.Branson responded that he is living on Necker for health rather than tax reasons.

In 2013, Branson described himself as a "tax exile", having saved millions in tax by surrendering his British citizenship.This was echoed by Shadow Chancellor of the Exchequer, Labour's John McDonnell, in 2016, amid calls for his knighthood to be revoked.

 

When you say people's darling? He's certainly not mine.

No doubt the jealous do gooder tag will be trotted out again but I think he's a bit of a fraud. The smug tax dodging big grinned ginger rick. 

Virgin Mobiles, Virgin Airlines, Virgin Money. Virgin Hotels, Virgin Casinos, Virgin Trains, Virgin Money Giving, Virgin Holidays, Virgin Care. Virgin Connect.

Carpetbagger? Not much.

Yeah but he's self made, an ex barrow boy who dragged himself up by the bootlaces right? He deserves every penny he makes.

Even more reason not to turn into an arrogant tax evading self serving ********. Remember where you came from.

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12 hours ago, ronnieronalde said:

When you say people's darling? He's certainly not mine.

No doubt the jealous do gooder tag will be trotted out again but I think he's a bit of a fraud. The smug tax dodging big grinned ginger rick. 

Virgin Mobiles, Virgin Airlines, Virgin Money. Virgin Hotels, Virgin Casinos, Virgin Trains, Virgin Money Giving, Virgin Holidays, Virgin Care. Virgin Connect.

Carpetbagger? Not much.

Yeah but he's self made, an ex barrow boy who dragged himself up by the bootlaces right? He deserves every penny he makes.

Even more reason not to turn into an arrogant tax evading self serving ********. Remember where you came from.

At least we're on the same wavelength here. I also don't like someone who lives on their own private tax-haven, sorry, island "for their health" (doesn't stop him doing his ballooning, speed-boating and stuff) pontificating about why Brexit should be overturned and being in the EU is a good thing.

Good for Branson, I don't doubt.

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