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Carried Over Pools At Hyderabad

By Raghavan | 28-Jan-2018
Today, at BNG the following carried over amounts of 22/1/18 were added.

jackpot, treble, trinella

But there were carried over amounts as listed below on 21/1/18. This c/o amount has not been added on 22nd. And, it has not been added today also.

2 trebles 2882 & 1672
1 trinella 27O97
and 1 jackpot 61532.

The BTC citing GST collected huge amount as tax during July, August and January. But remitted only a small fraction of it to the Government. Technically, that amount belongs to the punters. But, the amount has not been remitted to Government nor it has been refunded to the punters. It could have added to the win/shp/place pools at 1 lakh per race till the amount is adjusted so that punters who are getting very low dividend could have gone home satisfied.

But, the excess recovered not refunded. I do not think we can do anything about that. But, as if rubbing salt to the wound, the BTC is swallowing the carried over amounts also.
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2 Replies

Raghavan said ...

28-Jan-2018
Godzilla jee,

I am not talking about refunds. What I say is the amount collected from punters towards GST has not been remitted to Government fully. A small fraction is remitted and btc has retained the balance. And that is quite a big sum.

The clarification that the 28% is applicable on value of bet and not on club charges is effective from 25th of this month. So, whole of July & August and from 6th January to 24th January is punters money and that can be returned to punters by adding to win/shp/place 1 lakh each till the entire amount is adjusted.

Godzilla said ...

28-Jan-2018
raghavan

What is the refund you are writing about to punters ? How does it arise ? Can you throw more light ?