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

Topic Details

Back to lists

Sad Btc After Gst

By Ravi | 28-Aug-2017

We are a group of 15-20 people (some are retired and some young blood) regular in BTC from last 15-20 years.
I am a regular punter of BTC from last 25 years.

One thing that still unites us is racing.

However after GST, we all among our discussion admitted that no punter can make money or atleast recover a loss in the current situation. With BTC being the worst hit. Also due to illegal practices of the club and GST effect. When a money fav wins u make peanuts.
And flukes wins few connections make money.
No STD rates are given to any horse like before. Where a 10 to 1 horse playing 1000 rupees used to make my day or two.
Illegal bookies, Dummy chairman. No Legal Bookies.Made up races. Give and take policy of owners and trainers

Slowly all of us(15-20 people) gave up racing in last few days. I tried till last sunday and realised that i should also give up.

Here i go bye bye BTC.

Punters can make money only when there is no GST tax deductions (Let it be a unfair race or fair race).

Appeal to others: Its not fair racing that keeps you going always but fair money too

Sooner u realise better for u

Making some money on a day due to ur skills/luck is not racing.

Making some money on a day due to ur skills/luck but u should get your share and GST does not give you that currently atleast in BTC.
In the long run u cannot survive.

Post Your reply

7 Replies

H R Pai said ...

30-Aug-2017
No point blaming GST as jackpot with more than 40% tax and additional personal income tax is still working out for punters as genuine dividends are shown unlike foxing place dividends by new software!!??.

Cannavarro said ...

30-Aug-2017
In the name of new software place dividenda are intentionally shown low amounts even for rank outsider.A recent Rs2000 fluke winner was showing Rs25 for place whereas old software would have shown 250 to 300 for place.After the race dividend is increased from Rs25 to Rs85 by the new software which much less than what old software would have paid. How the difference amount is tapped and where it is going is everyone's doubt. The new software for place is well designed for daylight robbery!!.Better not to play place to avoid the trap!!

Saggittarian said ...

29-Aug-2017
The place dividends at BTC is perhaps due to introduction of THP and
administration does not want to go back and reverse their decision.

Buddy said ...

29-Aug-2017
The only bets to do to succeed in racing is win/place or lay bets other bets please avoid -when the tote payouts for win/place is not Fair STOP betting on tote - Let the tote come back to 'Fair odds' until then quit Races!

Messiaha said ...

28-Aug-2017
Hi , yes completely agree BTC tote as been a disaster. Like Mad max suggested playing SHP and THP is the only option and pray your horse does not win nor finish Out of place.It's very difficult bcoz you need to place 2 bets for one horse and if your bet does not pass you'll never recover.
Have heard rumours of bookies starting their operations in mysore race club from Wednesday can anyone confirm if you folks have any information regarding the same. Thanks

Professor said ...

28-Aug-2017
blame the GST not the club..
This Club gave when it got the money coming in .When the tree no more bears fruits what can the poor tree do..
This Govt has done no study in race economics..
Why call something like racing a sin and impose sin tax?

Mad Max said ...

28-Aug-2017
@ Hi Guys,

Dont bet WIN or PLACE on TOTE.
So many fancied horses finish Second and Third in races. Even if you like a horse to finish in place money, play SHP or THP or both. Always SHP and THP dividends are above 30, so even if you play 10+10 = 20 on both, you will gain. Play Pools like JP, Exacta, Trinella etc.

This is an advise to make money with patience.
AVOID WIN AND PLACE BETTING ON TOTE COMPLETELY.