Indiarace.com - india's first & foremost horse racing portal

Topic Details

Back to lists

Tote Dividends Post Gst

By Anoasku | 31-Jul-2017

Sir

As I have observed dividends at BTC has suffered post GST, even when you play horses that are offered at 11/2 or 6/1 dividends announced at BTC have been mere 34 or 36 rupees only. I don't think it is beneficial for the punters to play at tote odds, as they include club commission along with GST.Clubs should think about some alternative or else the future seems to be very bleak. Any suggestions...

Post Your reply

27 Replies

Buddy said ...

05-Aug-2017
Raghubhai- there are only 3 'proper way' to bet -Win/Place/Lay - rest are worst form of betting -total waste of money - Nothing can compensate 'better odds' in betting where ever it is available - the arguement that even better odds taker will lose is logically not corect in comparision to low odds - Low/bad odds is for people who have NO option so they will take whatever they can - you have to look around for better odds to survive,otherwise quit before you collapse,without
a chance to survive and .....way before time!

Raghavan said ...

05-Aug-2017
@anoasku,

At BTC tote, the payment is low for win/place pools, compared to what bookies at other centers are paying. That is a fact. I am not at all downplaying low payout at btc, nor arguing for the sake of argument.

So, punters at BNG are hyper critical of the club refusing to bring back bookies. I agree that they all have justification. I have a strong dislike regarding the bookies. Good or bad, I am happy with the arrangements here.

If you are a bettor and is totally dissatisfied with the the tote payments, then you have two options. Go to HYD/Chennai. OR stop betting. Stopping the bet at tote is the option exercised by many big shots. They it seems are continuing their bets with some unauthorised persons at latter's office/home. Let them do whatever they want.

From your side, express your outrage at the rigid stand of btc. From my side, I state what are the viable option even in this gst era.

My win bets extremely limited. From July 2nd, till yesterday, my total win bets not even 10000. Place bets zero. My bets are mostly shp/thp or fc/tnp.

"BTC tote mein ab bhee kuch Dum bacha hai"!

After a certain age, one can not readjust his mind set. The very sight of bookies taking home huge profits day after day was a disgusting to me. And, it is extremely satisfactory to me that such scenario is not there for the last 8-9 months. A thousand thanks to btc. It requires no non-sense approach of highest order to deny entry to bookies. The btc management surprisingly showing great determination and have slammed the door shut. By this move they are well aware that they will no longer get any benefits from the bookies. Yet, they have stood by their commitment and have administered a resounding slap to the bookies who till the other day were behaving as if they are the owners of race course.

There are people who think it is status symbol to bet with bookies. Inside the race course, there are people who are speaking in the dirtiest possible language against the stand of the btc. Let all these worthies give statistics of their winnings till the last year 8th November 2016.

500 or 600 for a tenner? I doubt whether there is even one soul in the 1 lakh crowd of racing world who can clear such forecast in just 10/-. Even an outlay of 100/- may not be sufficient. SAA*Aster rose is the only obvious ticket that one can clear with 10/-. Paid 17.

Anoasku said ...

04-Aug-2017
Hi all

Though much has been debated on who's right or who's wrong, few of them have not understood in totalizator betting there is only one winner, that is BTC itself, it's mantra is "you bet if you lose you lost and you bet and win you still lose". That is the fate of the punter nowadays. Because whatever betting they receive they are happy to deduct 12% commision along with GST and distribute remaining part to the punters, more the tote collections more will be the commission. So they want to stop all other betting channels.

Though I am not in favour of bookies, earlier atleast one section of punters used to return happily with the earnings when favourites win. I don't think anyone can deny this fact. It's a known fact that if any person wins 2 bets on favourites will still be a loser, punters gain some amount when they win 3rd bet in a day.

But few punters here were interested in pools like Forecast quinella etc,. my opionion they are different altogether. They hardly make or break in club's earnings. They just know the evils of betting big and rather it is a fun or a pastime for them, to predict a winner or a combination which fetches 500 rupees or 600 rupees on a tenner.

Racing is much bigger evil than it seems, they may not know that a shootout had occured on jockey Mark Gallaghar right in front of BTC after Santorini star lost in mumbai, or Aslam khader refusing a 60 paise horse ride which was given to L marshall. And D khaitan had to lease to most of his horses to Dr.MAM for lease including PRISM later renamed as Amazing bay winner of mumbai derby. So beyond owners, trainers and jockeys or the clubs, there is a bigger mafia which controls everything. So it is them who decide who is on job or not. So this will contine...

Raghavan said ...

04-Aug-2017
@Buddy,

O K. You have given your views. Betting with the bookies is the best option available for punters. Tote is for small time punters. This much is your understanding, firm belief.

My views are quite opposite. Bookies should not be given permission. At least at Bangalore.

Other centers, bookies are running the business. BNG is the only center which is boldly refusing to accommodate them.

So for the time being, punters (high volume) do not have much option. They should take lower dividend at BTC or should go to the nearest racing center outside the States.

Let both of us stand by our beliefs.

Buddy said ...

03-Aug-2017
Raghubhai- I have givin my views from many angles to you ,here is another one -bookie and tote infrastructure is different - small bettor's who back in hundred's wont run into lot of trouble because they won't lose much - but the ones who back in thousands/lakhs they can lose everything House/Family/Friends because they tend to go beyond their means they desperately need the best/fair odds.In Mumbai/Pune tote punters not even considered as bettors they are ignored.

Lay bets is a very important part of a regular bookie punter, Credit betting with bookies is a double edged sword but if utilised properly can make life easier for the punter to function smoothly while betting.

Logically and Practically Punters ire should only be against the wrong doings in the running of horses - If you say club has kicked the bookies out so what they are not going to lose money -Club the kept the Tote and Tote punter IN to ..... need I say anything.

Raghavan said ...

03-Aug-2017
@SSPP,

O K. Very much regret if I have hurt your feelings and if my post was was extremely rash. Sorry.

@Buddy,

Right. The bookies have served the cause of the punters for almost a decade. By taking bets at half tax. To drag the tote punters they initially took bets at 8% and increased the rate to 8.5%, 9%, 9.5% and 10%. Earlier to that timeline also they were doing business, but the half tax was restricted to only known customers, and that too only to those who convey their bets through phone. For cash tendered inside the ring, be it 500 or 5000 they were collecting the tax payable and issuing the bet slip to the punters.

But, today, btc has firmly told them : "your services to the punters till date is most appreciated. But we desire that you do not continue your services to the punters hereafter." A resounding slap.

So, as long as bookies are not given the green signal, it is dead end to the big punters. The option available to the punters is "only tote". So till the pro bookie lobby succeeds in forcing a rethink from the management they have to either bet at tote or travel to outstations. The 3rd option, that is illegal bookies is a big risk.

Arguments that is being advanced while defending the bookies is, "they give higher returns for the same amount of risk. So, just do not harp on their cheating the Government. Speak with common sense. Every establishment, businessman is evading the tax. So do not speak about the bookies avoiding the tax in isolation"!

Right. You are welcome to sing praises in respect of the bookies. I do not agree on that part. A total fraud should not be buried under the untenable logic of common sense. Being practical & realistic is one thing. A merchant avoiding tax is doing that at a big risk. That too not on his entire earnings; but he will withhold only a fraction of tax payable. He will pay 8 or 9 lakh tax when the actual due payable from him to the Government is in the range of 10 lakhs. But what about the bookies. How much is his turnover and how much is actually recorded in bet sheet? If you want equate this 100% Himalayan fraud with the relatively smaller mischief from other professionals, then I do not want to further argue on that score.

If you take case by case, then you have a point. That is bookies pay you higher returns. Say for 5500 risk at tote, I get only 9000, whereas a smart punter taking the same risk and betting with bookie gets 12000. The extra 3000 that he got for that particular race is a real gain, only if that punter stops betting permanently thereafter. But betting is a continuous process. And, I know for that sweet 3000 extra, he would have parted with double that amount by the end of the day. Whether at tote or with bookies, your bets will be right only to the extent of 35% and if you draw a balance sheet for on month, I do not think you will be able to prove that the one who bets with bookies has earned much higher than the one who bets at tote.

Smart-still-poor-punter said ...

03-Aug-2017
@ Raghavan

First, my sincere apologies if I have hurt you. It's not so. In fact, you are among my favourites in HT.

To the question you raised about the plight of punters entering the racecourse with a few hundred rupees, even for them the present condition in Tote is dreadful, to say the least. Please recall the mammoth collections that our BTC Tote used to register (somewhere to the tune of at least one crore rupees for every race..i.e., WIN, SHP and Place bets put together) when bookies also used to operate in large numbers. Why it was so you know? That was because even a bookie-friendly punter used to prefer Tote to avoid rush as the returns used to be almost same (and in some cases - particularly for Place bets - it used to be more than what the bookies give).

Now, tell me how much you are able to earn on an average with say 700 or 800 rupees in hand. Either you stand to lose in full or left with very little. There is no room for recovery even if you get winners in the second half because the returns are poor. Isn't it?

So bookies and Tote together makes all of us feel quite happy as we can have our choice, and decide playing with either of them depending on our economical condition at the given time. For instance, I have my last 10K with me, having lost 20K in the first few races, I would like to bet in the bookie any horse that I like at odds of evens. I can recover almost 50% of my loss in one go, but if I have to bet in the Tote I may get back 12K or 13K in return, which means even after getting a winning mount I will not be able to make up my lost ground. This can prove nightmarish.

Yes, action must be taken against the bookie who refused a bet of 500 even after the punter paid 650 rupees (inclusive of 35% tax). Those things have been taking place in the racecourse for years together. There is a bookie run by one Ramanathan in Chennai. You give him 10K, he will take his own time rolling his eyes at all other bookies and only if he is satisfied (by that time you might have lost the precious odds) he will accept your bet, and that too a small amount.

What to do? We can only avoid such bookies and prefer others who are generous in accepting our money, no matter how much odds they offer.

Once again, I'm sorry if I have disturbed you somewhere but that was not my intention. Whatever I shout here is only to draw the attention of BTC. Hope they read this column regularly, as you and I do. All the best Mr Raghavan!!

Buddy said ...

03-Aug-2017
Raghubhai- whichever business men/house can evade tax will do it bookies are also business men, I have bought and sold properties in double figure and each time the colour of money was black n white - its the agencies job to tackle that other people are helpless have no say in that -

You say'when bookies were around were punters winning' - that is another story -better odds is always better even you know that- If the bookies evade tax part of that is passed on to the punter, odds put on the board will be better- otherwise they will cramp their odds a bit more -

My arguement is in favor of punter's who have always struggled- as far as I am concerned if horse racing is shut in India it will do the future generation a favor!

Raghavan said ...

03-Aug-2017
@ vk santosh kumar,

An appreciative and welcome tone to SSPPs post. Quite expected. Birds of same feather.....

If after July 1st betting at tote is totally not viable, then the only option that is available to punters is to keep quiet. Or make the best use of the existing arrangement.

Yes. Even the Gods in heaven would have been weeping at the tote payouts here. But, when bookies are not there, what can the punters do?

Go to HYD/Chennai. Or speak about the gross injustice, grave injustice etc of the btc stewards. Force them to relax their rigid stand and bring back the bookies.

It is sympathies raining in support of those big bettors who are getting next to nothing at tote. By all means extend all courtesies to the icons of betting. But, do not try to shout down any one who is tweeting his dissent note. Do not expect that I also should join you people in demanding the bookies return.

Good or bad, I am for the continuation of tote. And, I am not alone. Nowadays 80 lakh plus are being collected at the tote. It may be 50% to 60% of what it was before 1st July, but it is by no means can be said very low sales.

And this sales volume will crash to less that 10 lakhs if and when bookies reappear. It is this the BTC knows and is ensuring that they do keep away the bookies at all costs.

Glad to note that there are still some people with sense at the BTC. As long as these people are able to keep at bay the pro-bookie lobbies, it is fine. The moment they throw up their hands because of the mounting pressure, BTC tote will become another Madras tote.

Santoshkumar Vk said ...

03-Aug-2017
S S P P,
You hit the nail on the head Dude,
Fully agree.Regards

Raghavan said ...

02-Aug-2017
@Small still poor bettor,

Three things you must understand.

1. I dislike bookies only because of their 10% tax. Not that I am waris of Harishchandra, But, simply I can not tolerate the scenario of punters betting 20k/30k/aadha/peti etc by paying 10%.

2. My personal likes or dislikes are not the factors that influence the btc management. Let 1000 Raghavans sit on dharna with banners "down down bookies". If the btc decides that bookies should be given license, then they will just brush aside my opposition and ask bookies to do their business.

3. On the same analogy, if sspp, vksk, & like minded punters in 1000 sit on dharna with banners "bring back bookies" the club will not be issuing license to bookies if it feels that existing arrangement is good for establishment.

Your angry post is totally misdirected. As if, I am responsible for shunting out the bookies.

Let me make myself totally clear. I do not like bookies to come back. And, a pleasant surprise is that btc also is not in a mood (as of now) to appease the pro bookie lobby. It is the btc management to whom you should address your grievances and demand/request them to do a rethink of their policy.

I am not mocking any big bettor. I am only telling that for your level of betting you should travel to Chennai, Hyderabad. At present, at btc, only forecast, trinella pools are viable. Your quarter, aadha, peti bets will not get you reasonable returns here.

From your post, it is evident that you desire that I should keep the mouth shut. Such statements are totally unfair from your side.

If Raghavan does not speak, will the btc management will be emboldened to bring back the bookies? Are they at present not permitting the bookies because they are so much afraid of Raghavan's opposition. Is there any logic or fairness in your arguments?

The day I am satisfied that if bookies come back, it will be all milk & honey to every punter, I will rally behind you and full support to your demand.

At least answer one question. You are speaking like a spokesperson / advocate of entire betting community. In that case, have you ever spoken one line in favor of those punters whose betting range is 800/600 or below? Can you tell one justification as to why they should take 30% tax from those persons? Let them run the business in their home, office charging 50% or 60% tax from small bettors and zero % tax from big bettors. Inside the race course, they should function in accordance with the rules of the race course.

The club rule, I think is minimum bet with the bookies is 100/-. Whether they like it or not, they have to accept bet of 100/-.

"I will not take bet below 2000/-"! This was the arrogant statement from a bookie when someone tendered 650/-. Is that race course is his grandpa's jagir? "Go and bet at the tote! Go to 2nd enclosure!" additional pearls from his mouth. This to a punter who wanted to bet 500 with 30% tax.

The bookies had grown too big for their boots and btc displayed a no non sense approach for the first time. In clipping their wings. In puncturing their pride balloon.

Today you are talking of as if the world came to a stand still because bookies are not there. Nothing like that. Race course will not close down because bookies are not there.

Bookies were under the impression that they are indispensable and the club management will surrender (sharanagathi) and grant all their request. Reasonable or unreasonable. What the reality, you have seen.

Big bettors with truck load of superiority complex, thought that their absence will compel the btc team to send an SOS to the bookies. They firmly believed that without them the club will close down.

A granny in a village firmly believed that it is her rooster which is ensuring Sunrise daily.

Mad Max said ...

02-Aug-2017
Before GST the Tote at BTC paid Good Dividends to Punters. At that time we all wanted to continue same without the bookies.

After the GST implementation, tote dividend has become "EQUAL TO NILL" my God it is horrible, Stay away from the Tote betting. We want Bookies back in the race course immediately. It is time Punters start agitation and demand bookies entry. Boycott Tote for the following reasons:

Normally how many bets we can win out of 10? 3...is the average, 4..is something considered as good, or 5 is excellent, and more than 5 bets no one can win out of their 10 bets. Even if you are an excellent category punter, winning 5 bets and losing 5 bets, you can not recover your money lost on 5 bets as the tote dividends are "NIL KE BARABAR". Even if you win 6 bets out of total 10 bets, still you will accumulate loss after loss. It is better avoid betting on TOTE and search for private bookies.

Caution:
One punter who plays few lakhs on first favourites lost several lakhs to a private bookie last week on St.PAULI GIRL, BRUNESCO, KANTHAKA (all favourites lost in the first three races on Sunday). From the 4th race the punter wanted to bet few lakhs each on favourite CHEMICAL ROMANCE, THEMIS, MULTITUDE and CARDUCCI all won later. But the private bookie not accepted any bets from the punter, in between arguments, one Havaldar came and taken the bookie out of the race course. What the punter can do? He did not play later. Tn the last fortnight it was the second time same story repeated. When the private bookies stomach is full, one Havaldar comes out of the blue and take the bookie away. It looks like the bookie is having some 'understanding' with the Havaldar. Surprising part is on both occasions the bookie was not taken to the police station. Rest of the story... you can fill up...!

Smart-still-poor-punter said ...

02-Aug-2017
@ Raghavan :

It's not a question of supporting or opposing bookies or Tote. It's a matter of earning money and get paid with better dividends.
Although you try to sound logical, there appears many holes in your contention. For egs, how can you say you and other tote-players are happy punting in the tote even now? Are you happy getting Rs.14 of Rs.15 for a even-money favourite or the same amount for a horse placing on the board? I don't understand you.
If you openly admit that for people like you for who racing is more a time pass, spending few hundred rupees daily and watching the fun, then your argument is fine but can be best kept to yourself.
You must understand the plight of big bettors with whose support this industry runs. How can someone who wants to play in thousands rely on Tote anymore?
When racing everywhere, and particularly in Bangaluru, has gone sub-standard rendering horse picking a hard task, how do you advocate playing forecast, trinella or exacta boss? I really feel sorry.
The best arrangement is the old set-up wherein everyone had equal opportunities. Win or lose, let's do it as we like. Why you are so much bothered about the sacks of money bookies take home. Let them, if that's what they are destined for. But when they pay you on a 6/1 or 7/1 how sweet it tastes?
Without bookies, it's hard to imagine racing. This temporary chaos should soon be settled amicably. Let all of us come up with useful and workable suggestions for that. I don't have anything personally against anyone while shooting this message.

Sankara Subramanian said ...

02-Aug-2017
I am not a regular to the race course and since the last day of Mumbai i attended the Derby day.I found the absence of bookmakers to be a welcome trend at BTC.After a while i think gst issues will settle down and the tote payments would be good.

Santosh Kumar Vk said ...

02-Aug-2017
Raghu ji,
compromise of Interest of the establishment/last rites to the tote,both can in no way shut down BTC,Joggers can always use the tracks to remain healthy.
Regards

Raghavan said ...

02-Aug-2017
@PraveenS,

No the main topic has not been side tracked. The lead post says even for 6/1 or 11/2 horses, the dividend is just 34/36 at btc tote. And, it is only bookies who quote odds.

Agree with you on the other observations.

The btc is showing courage and determination in this regard so far. The punters even earlier to 1st July were talking about their displeasure in not having the option of betting with bookies. Now, with gst, even those who were loyal to the tote have stated migrating to the pro bookie group.

The day, these people give me a convincing reason why I should not oppose the re entry of bookies, I will surely say good bye to the tote and start chanting "jai ho bookies".

tell your horse and bet amount in advance. For one month. (till Aug 31st). Say 100 bets. (less than 100 bets, still better). Per horse 2000.

So tell me what would have been your total receipts if you had your 2 lakh bet with the bookies and what actually you got from the tote.

To be specific, even now I am not opposing the re entry of bookies. I know my support or opposition has zero consideration. I have no veto in this regard.

But, really find it strange that so many pro-bookie posts appear in this site. They have cheated the club and the Government, looted you all for years together and yet we are hearing only praises towards them. All because of that 10%. If bookies say 32% tax, then forget about all these noise about the nice and noble bookies. There will not be even whisper about the good qualities of bookies.

Praveens said ...

01-Aug-2017
I think the topic has been diverted from GST to starting the bookies. I just want to ask the punters who are supporting bookies have they made any money in racing as a punter when bookies were operating I think these people are fooling themselves that they are loosing because they are playing in tote. With 28% GST bookies will have a big cheating margin.

First the Turf club should make it clear from the Govt whether 28% GST is on turnover or commission. The punters are getting less dividends because Race clubs are cutting more than 30% on turnover.

Raghavan said ...

01-Aug-2017
@ Santosh kumar vk,

Right. Raghavan & the like minded persons who still have a strong dislike to the bookies are endangered species now. People are terribly disappointed at the tote payout. Their grievance has some justification. They are big bettors. My conservative assessment is their bet amount in one day is much higher than what small timers like me bet in one month.

So, let these big bettors form an association and request the management to readmit the bookies. For, us the existing arrangement is more than satisfactory. One assurance from our side: if these worthies are really serious and present a well reasoned demand for bringing back the bookies, we certainly will not weaken their cause by giving a petition totally opposing any such move. So, you are assured of a free run in your proactive approach to bring back the bookies.

But, one thing; however big bettor you are, for btc management you are only a customer. The administration can think of customer friendly measures only after ensuring that the interest of the establishment is not totally compromised.

The low payout is concern only to those bettors who go for win/place in big volume. And, this betting business is such that you have to physically move to other betting center. Proxy betting (asking your friend at HYD or Chennai) to bet as per your instructions is totally stupid move. I take it that you are all smart enough and well aware as to why I consider proxy betting is a stupid move.

Well. It is the administrative policy of the btc to run the club without bookies. There can be review of that policy only if the management is totally satisfied that business at tote does not suffer beyond repair.

@SSPP,

I think i have written with clarity. Fail to see what 'mischievous' clause you noticed. I repeat what I said: "go for bets like trinella/foreecast or go to the neighbor States to bet in big volume". Of course, it is totally superfluous to give such suggestions. People are moving in droves to neighbor States. Highlighting the ground reality hardly comes under the definition of "mischevous".

And, my favorite pallavi & anu-pallavi. If the bookies are allowed to function and strict vigilance is maintained to ensure that they do not take half tax bets, then entire class of punters who are now stridently roaring like tigers for bookies return will be the first to acknowledge that there is not much difference between the tote payout and bookies odds.

"No room for sympathy once you are inside the race course. First preferece should be to bet only at the ring (bookies)".

Now, that option is not at all there. The only option is 'tote'. (OR at best the illegal bookies). So,if you enter the race course with full knowledge that there are only tote and no bookies, what locus standi you have to harp on non availability of bookies?

It is not binding on the part of btc to indulge in appeasement of big punters by inviting the bookies. They know, once they yield to their demand they can simultaneously perform the last rites to the tote!

Santosh Kumar Vk said ...

01-Aug-2017
S S P P,
One thing is clear,
As long as racegoers like Mr Raghavan exist,BTC's Lifeline -The Tote will never shut down.

Smart-still-poor-punter said ...

01-Aug-2017
I understand that gone are the days of glory at BTC which now seems be one of the hopeless racecourses in India when it comes to betting on Tote. Such a "tote only" trend should not be allowed to continue for long, and for the good of the course's survival itself.

One thing is clear : everyone - right from owners to trainers and jockeys to punters - comes to racecourse only to earn. Maybe, the mode of making it could be different. But there is no room for sympathy once you step into the course. For instance, there is no need to worry about the 'totewallas' (i.e., who rely only on Tote). The first preference should always be to bet in the ring with the bookies.

If you ask a seasoned race-goer to 'adopt' to the current changes and play trinella and exacta, it's highly mischievous. Travelling to the nearest racecourse is certainly a better suggestion. Everything is done to earn, mind it.

Something has to be done on a warfooting to bring back the bookies and allow the earlier gala trend to prevail inside the BTC. Even now I am told that a sizeable racing population has been migrating to other racecourses during weekends. If this is allowed to continue, the officials alone may have to cut the tickets in the Tote very soon.

Let wise sense prevail on the powers-that-be!

Raghavan said ...

31-Jul-2017
@ anoasku,

"BTC should think about some alternative". What is that other 'alternative' you are having in mind? Obvious. You desire that bookies should be recalled. They were shunted out about 8 months back. Their repeated attempts restart their business was met with highest resistance. Some of them migrated to Mysore. There also after a brief tenure were granted pink slips.

Now you desire that btc management should swallow the pride, send an SOS and welcome them back with poorna kumbh, aarthi! Right. It is for Chairman and other decision making authorities to take a fair decision after applying the mind on all aspects.

Now, this much everyone knows. Sales on win/shp/place has gone down alarmingly. The club that was distributing over 80 lakhs on just win pool (after retaining the commission + taxes) is now not having turnover of even 80 lakhs on all the four pools (win, shp, place, thp). The only pools that are showing consistent turn over is trinella, forecast & exacta.

Suppose, the club, by keeping in mind the punters like you decides to readmit the bookies. You (say 15k strong group) will be happy.

But, the other side! Take it from me. Even 100/200 bettors will desert the tote and migrate to the bookies. Tote sales will not be even 10 lakhs. Wherefrom the club gets revenue to run the establishment? Bookies give a pittance extra towards stall fees, take bets at 10%, cheat the club, cheat the Government, pay a small haftha to all the vigilance/accounts officers and go home with gunny bag loads of our cash.

If the turnover is as robust as it was before June 30th, then there is a chance of your wish getting translated to reality.

600 counters; around 800 tote clerks. The club can terminate their services just by sending an sms.

Please do not get ideas that I am standing between you and management, If the bookies' license are renewed, then my best wishes to you all. But, extremely a far fetched expectation.

Now, what option you have got. Quit. Easy to say. Totally unrealistic and impractical. Next option. Stop betting on win/place. For place, you will get place dividend around 20 only on horses that are quoted 10/1 or more. Favorite, 2nd fav, 3rd fav the payout hardly touches 15/-. Win dividends are still horrible. If you are betting on a routine basis 10,000, the dividend you collect at btc tote for win could be less than 40, whereas punters at MUM, HYD etc can count 60 to 70k. (5/1 or 6/1 horses).

So, try shp/thp. But forget about the earlier glorious days of BTC. Very rarely the dividend on shp/thp crosses 100. (I am speaking about the situation after July 1).

Forecast, trinella & exact still have some potency & force. Try forecast bets for an outlay of 1k or below. Say, 5,2-5,2,3 forecast 25 tickets. Cost of this combination is 1000. Believe me, whenever you have the right numbers for f/c, you will have good plus compared to your bet volume. Medium and big bettors (2000 to 10000 or more) have to readjust their mindset to the no bookie environment.

If the above suggestion is totally unacceptable to you, then the only option, an extremely tiresome one, is travel to HYD or Chennai.

Svkraju said ...

31-Jul-2017
@ DEAR FRIENDS

YES IT IS TRUE AND AT THE SAME TIME YOUR HORSE IS AVAILABLE AT 15 RS AND SUDDENLY REDUCED TO 5RS OR ABOVE IS A COMMON THING FOR HYD. PUNTERS.


NOTHING TO DO WITH IT FROM SO MANY YEARS ,MAY BE NEW TO SOMEBODY BUT NOT FOR HYD . PUNTERS.

Stop Fooling Punter said ...

31-Jul-2017
p g Has made some very serious allegations against a race club.
We need some one from HRC to please clarify this.
It is clear as day that none of the clubs implemented GST from 01 July.
Now the effects are showing.
HRC also seems to have woken up on GST on mobile charges. Who is going to pay tax on the days already gone and mobile coupons cut.

Racing is going from bad to worst.

P G said ...

31-Jul-2017
The tote computers are manipulated, no doubt about it. Many have been saying so since the last one year.

It is rumoured that at Hyderabad, there are three computers, all working at the same time.

First computer is used to fool the public with false favorites and odds, for about 5 minutes.

Second computer slowly brings the realty, but with irregular odds, till the last minute.

The third computer, is the main one, being handled like a mechanical one with the real odds, and will come on the screen at race time, with very low odds. This third computer is locally called the " THE SETTING COMPUTER ".
Just like how the auto rikhshaw computerised meter's reading is false. It is said that the third computer is handled/changed by authorities themselves

Even after the race is over, and sometimes at prize-distribution time, the odds are changed, always on the lower side.

One has lost faith in these so called computers.

Mad Max said ...

31-Jul-2017
@ Hi Guys,
It looks like the GST rates on various pools published on May 1st was applicable for only two days. The way dividends decreased on Win, place and other pools shows BTC is deducting 28% GST + 12% their Commission, a total of 40% from Win and Place Pools. 6/1 horses with bookies are paid 2-1/2 to 3/1 on tote. 10/1 horses are paid 4/1 or maximum 5/1 on tote. The way tote is behaving nowadays, something dubious is happening. Last week I noticed a horse was available on place Rs 14 till passing the winning post, was actually paid Rs.12/- Never in the history of the tote, gone down two points on fancied runners. The authorities should conduct a serious check on tote server and see whether any hidden betting machines are connected to the tote server. First and Second week of July the dividends declared were reasonable enough to keep the punters happy. Now it has worsened like a nightmare, I am compel to say RWITC tote is now better than BTC.

Reconnect321 said ...

31-Jul-2017
Shaps - You are spot-on. I stopped betting well before GST came into force. I am happy now that I did it long ago. Bangalore Races are Fool's paradise. As you said, only addicts will throng the tote windows. Made-up races, miserly returns, unhygienic atmosphere, lousy food are good enough reasons to quit racing. Personally saving a lot of money and time.

Shaps said ...

31-Jul-2017
Many punters have stopped playing at tote. One does not get anything for win or even place, only our own money is at risk. If we win, we get peanut's, and if we loose, it's difficult to recover the loss. It's only the addicted and poor punters who still crowd the tote windows. Previous tote playing punters are now found playing with the bookies ( legal & illegal ).

Keep few Godrej locks ready for all clubs.