@ SSPP

      Thank you Sir... Thank you for your reply... With regards... Siva Ramakrishna.

@ Sivaramakrishnan

     I can easily understand your concern about punters paying taxes through their nose and, in addition to that, going home empty handed and with big holes in their pockets on most of the days. 

     Anywhere in the world, taxes are levied for gambling if it's official. You know lottery tickets that win prizes also come with a huge tax (35%). Even if you win a sports gift in cash, you are liable to pay tax. 

    In horse racing, taxes were negligible earlier. However, today the story has changed completely and threatens to kill the sport as such. It's the introduction of GST that has been the cause for great concern. While I am a strong supporter of GST in general, it ought to have been applied with better care in racing where the returns are even otherwise negligible and quite inconsistent.

     Here, the fun is even if you lose you pay tax? This doesn't happen in any other category that assures profit. Even in stock market, you are liable to account only if you hold them in your name, isn't it?

     We must blame the authorities of all the race courses in India for not presenting a joint memorandum to the Centre seeking for a revision of GST in horse racing. but who bothers? The 'big' names are happy as long as there is a mad rush in the race course and as long as they cling to their positions.

     The uniform tax system that exists now in all race courses (as I am given to understand as I quit racing in 2014) is 25% towards GST and 5% for Club. That makes a whopping 33% of the money that you invest, even without knowing whether you will get the returns or not?

     As I know, very little could be done in this regard now. 

     Here, I would like to refer to Mr Raghavan's frequent and fervent appeals to shun bookies and turn to tote so that India can also raise to the standards of several other countries where tote rules the roost in betting. I wish to recall those days when I used to play only in tote in most of the race courses that I visit in India (except in Chennai because sometimes you get nothing appreciable in tote even if you play a 100/1 bet?). You can be rest assured about a healthy 'bet and take' trend in totes everywhere.

     Those days can certainly be revived if only the race authorities show the grit and determination. I think Madras Race Club is improving at a rapid pace after Mr M A M Muthiah has taken over as Chairman. If Chennai can do that, why not centres like Bangaluru and Mumbai? BAN BOOKIES FOR A YEAR AND TRY BETTINGS IN A FAIR MANNER ON TOTE. You will see what good it can do to the fortunes of a majority of punters.

     Thank you

This trainer had Sun Kingdom and got trounced by Moonlight Romance. Salazar was also playing second fiddle because of owner's other horses with other stables. It got a chance and won the S I Derby at Chennai. The connections used the horse for getting good odds for other horses like Big Sur (winner). Even in this win there was a help from the jockey of Tassavur who rides most of the horses for this connections. I feel Sandesh never rode Tassavur properly. This horse and several other horses were sold to this connections who are so far not seen in any presentation ceremonies. 
Do they exist?

Poor punters are nothing to do with this article, desert god minced it nicely.

talk about punters related topics, not as owners spoon.

This is the first time that 50% of races won by Bengaluru based horses.- Good acivement

As far as I know the club deducts GST (28%) and club commission 5%, totally (33%)  and we are loosing ?0.33 on ?1.

If place a bet in FIXED odds you will know the truth. (This fecility available in Mubai and Begaluru. I do not know about other centers)

@ SSPP

Respected Sir,

Kindly clarify a small question Sir... It is not at all related to the above topic... It is about the distribution of dividends....

Long back... nearly 3 years back, I met an old man who came from Hyderabad to Rajahmundry on an occasion and came to off-tote centre... In the middle of the races I met him and asked you are not a local person... where you came from?... He said...I am from Hyderabad... In the conversation he said..."We the punters are very big fools...Do you know how much the club deducting in on every 1 rupee punting?... I replied "I don't know Sir"... He smiled and said... in every 1 rupee they are deducting 52 paisa and showing 48 paisa on the board... So whenever you are punting you are loosing 52 paisa before the race... The club people are distributing only 48 paisa to the winners... its true...He completed the conversation, and advised "If you are well off and need this entertainment it's o.k.... or else avoid this"... Don't believe that you are going to earn in racing...He left after races...

Sir, being an experienced punter You know the complete details... Is it true... Kindly answer... 

With regards... Siva Ramakrishna...Rajahmundry...Andhra Pradesh...