Buddy,

1000/- will be the charge in closed door racing.  Well.  Let them charge 1000/- per day or 1000/- per race or even 10,000/- per day.  That is absolutely the prerogative of the Turf club/s.  People who can afford that much sum will visit the race course.  Others?  They will remain in the comfort of their house and will be able to view the result/s after the races are over.  Absolutely no complaints.  

I am confdent of one thing.  I will not bet one phootee kowdee with private bookies or licensed bookies or illegal bookies.  I will bet with tote if permitted by the club or watch race videos after the races are over. 

Raghu- private bookies wont care about online betting nor will the big punters -Small punters will be ousted because if they cannot see live races the charm of betting will be gone - 1000 bucks per meeting will be the charge in closed door racing - not affordable to small bettors plus low odds comparatively - no charm if they cannot watch live racing.

Buddy,

Today i the 80th day without betting.  If bookies do not take our bets, we don't care two hoots.

But, I am surprised at your clairvoyance.  Small punters will have to quit.  O K.  We will quit with pleasure this online business/betting.  We have tote!

But, let me state what I feel.  Bookies wll not be able to run online business.  The 33% tax will be enforced.  And a punter who bets 30k in one day (may be just 2 races or 3 races) will have to cough up 10k as tax.  He will not be able to bet.  He will have to quit.  

BTC bookies were caught by commercial tax officers.  I do not know the status of the case. But bookies were not visible  in the ring thereafter. 

You can cheat the club and Government for 10 years and still buy freedom.   By throwing some saliva ridden bones to the authorities.  But, there comes one no non sense officer to screw the bookie.  Now the bookies are running from pillar to post!

There is some veracity in what Mr,Ayyarnet has made in his observation.regarding banks scrutinizing on line punters transactions.i need more clarity in this regard.

One thing is for sure closed door racing means live viewing -paddock condition ,viewing all that will have to be paid for - atleast 1000 bucks per meeting.,

Small bettors won't be able to afford that -  Small bettors will have to quit -unless they just bet and take the result after the race is over.

Buddy,

Take it easy.  Online betting by parents will not lead to young children starting betting.

The present day children are not like us (punters).  They are much more intelligent than us.  You may fault them for being addicts to mobile phones.  I do not know what they browse in mobile phones/computers.  But, I can certainly say that they do not browse indiarace, racingpulse etc.

And another thing.  If they are destined to become race punters, then they will become race punters with or without our mobile phone!

Regarding bookies:  you feel it may take six months for online betting to start.  I feel that online betting will not be a reality for another 4/5 years.  But, whenever it comes, all bets will be subjected to 33% tax.  And,with such high tax, punters will soon learn that on line betting is not at all viable.  You see, for 30k bet in one day, they  have to cough up 10k.

Bookies may not like tote bettors.  Right.  In that case who will bet with them online? 

There are many horsetalk members who are going ga ga about online betting assuming that half tax betting is available for onlne betting also.   Bookies must accept 300/500 bets from tote players!  OR close the shop!

Online betting will be a success because betting volume for exotic pools would increase manifold 

New punters (young)would not mind investung 100or200rs because of high returns

Online betting odds VS on phone betting - Even if online starts say in six months time they wont be able to compete with private bookies - so only very small bettors will bet the kind private bookies don't want .....school kids will find a way to bet by operating with an adult or adults account -  dangerous ,not suitable for India's public.

Unfortunately,  time is not on the side of the Clubs. Some other Clubs abroad hit the ground running,  as they already were into online betting. BTC has taken first tentative steps but don't expect things to happen in a hurry. 

The Clubs are greedy and lack foresight. Even a progressive Club like BTC did not play it's cards well,  when the entire betting tax administration was in its own hands. It reduced betting tax only on Win,  SHP and place. All other pools including the Jackpot and relatively recent Exacta carried betting tax of 40 % .BTC played a cleaver trick on the Punters because only Win and Place pools came in direct comparison with odds offered by Bookies and looked better. This advantage was lost when GST came in to operation and the Club started crying foul. 

At one point of time the Club wielded considerable influence at Government level when  they had backing of VM,  MAM and popular cine stars.  But the club made no moves for starting online betting even though it is the World wide trend. 

Now attempts are being made in scratch. Why the government will give permission and reduce GST in a hurry?  Also,  the matter is beyond the scope of the State government and the Central government does not understand racing. The Turf Authorities have many a times demonstrated that they are incapable of taking up a issue in a United fashion. 

It is a given that online betting will not succeed with high taxes! 

Hi

Good news

Anyways who wants visit da race course with this COVID shit in the air.

Tada

The Joker 

Friends:

It is Ok in principle. But in India lot of cumbersome procedure will be involved like Registration and KYC  Pan card etc., As a result every transaction will be recorded.If you are a businessman next time when you ask any credit to your Bankers after reviewing your transaction he will have second though to sanction any advance to you. It is not like Race course tote that you pay and receive your winning amount after the Race is over.

In the light of above lines most of the s4asoned punter will prefer AT HOME or ON PHONE BETTING with Bookmaker rather than ON LINE BETTING !!

This is my personal opinion.

Regards

Ayyarnet

I don think,online betting is legal in india..clubs needs special permission from goverments.

Also High Gst would not give any uppar hand to clubs(bookies will get all cream)talk with goverments,offer them fix money(more than pervious year gst collection,so govt would happy to give all permmisions,& clubs can charges  10% commision..as increse in revenue,helps to increse in commmision amount  so fix amount easily cover up &clubs also get good profits..every punters like to bet at 10%& there will no risk like playing money with private bookies ,so ppls need trust& legal channel Also Tote has many pools,so punters even reduces risk & play lesser amount.. I think 95% punters like to bet with trust channal..private always risky &,illlegal..(there is no responsbility with amount)

These are advantages for clubs

Good ting ..bt one big doubt..online betting is only good for youngsters and who use android cell phones. wat abt small punters ..which thy used to paly in tote..thy dnt kew abt online..betting..punters frm 40 and above(nt all) hw thy will go through online..thy dnt knew abt digital..tings hw thy will ply nwadays technology is forwarded good bt think for old punters thy wnt see frm mobile thy directly go through pink paper books to read info abt race card...plz tink in all ways of punters and go through online...gst 10% is ok rather than tat no one will go through online

Prakash K N & others,

BTC has asked the Government, the permission for online betting.  It will start online betting if & when the Government gives the necessary permission.  Turfnews has only stated what has appeared in media.  

So,  I feel it is bit hasty on your part to react with enthusiasm about such move.

Will the Government will give permission to bet online on races?

To answer that question, we should see the track record of  Karnataka Government.  The Karnataka Government earlier banned the lotteries and such ban was upheld by the Court.  The Government was getting good revenue from the lotteries.  Even then, arguing that lotteries have ruined many families, the Government banned the lotteries.  (I think Sri H D Kumaraswamy was the Chief Minister at that time).  For Government, revenue is important.  But, it is ready to forefeit revenue from races, lotteries.  Do not harp on Supreme Court Ruling to argue that horse race is skill game.  If any public spirited person files PLI now, the SC may quash its own ruling!

Of late, I am seeing in this site, spate of letters that point out the huge revenue that Government will definitely get if online betting is introduced.  I do not know statistics.  But feel that the revenue that Government was getting from lotteries was several times higher than the revenue from race betting. Government considers the race betting as sin.

Now, liquor consumption is also sin!  But, the Government allows that.  So why not race betting?

There is limit to liquor consumption.  Suppose you had three lakh rupees in your pocket and you enter a bar.  How much can you drink?  One quarter, One half or One full?  The cost may be around 5000/-..  Whereas no such limits are there for race betting.  You may lose three lakhs and even much more! (There is ATM machine inside the race course).

The second question is whether Karnataka Government is competent to give permission?  

Once onlne betting is introduced, then people from length and breadth of India can bet.  People from Orissa, Madhyapradesh, Kerala and many other states also can bet.  So, I think only Central Government can give approval.  Anyway this aspet is only my thinkng.  Some legal experts in the Horsetalk may throw light on this aspect.

Now, think of a scenario, where the Government gives permission for onlne betting.  Suppose you bet 1000/-.  the  GST 28% & Club commission will be deducted and balance amount only will be treated as your bet!  I do not think, punters will bet enthusiastically by paying nearly 33% tax.  For all punters the bookie is Vishnu, Ishwara!.  

I am not neither welcoming nor opposing onlne betting. I only ask punters to wait.  As on date betting on races through computer or mobile is illegal.  That is all. .  

It's really happy to hear that BTC is going to start online bettings. people are eagerly awaiting for it. All the very best to entire BTC team for their grand efforts. 

Good luck team btc

You can definitely achive it at the earliest

Hope for the best

Good decision by BTC....they have chosen the right path to run the business...Let's wait for further information.

The on line betting will succeed only if GST is reduced to around 15%. The Government is not going to loose anything because the volumes will go up. If tax rate is not reduced illegal bookmakers will thrive.

But what about 28%gst..punters will not come to on BTC App..for betting.They move to private bookies,then purpose of making online betting for revenue itself end

I think all clubs needs to give fix amount formula to govts ,so club can operate on 10% commision.this will help for promoting tote betting..

& also punters wants clean races,make tough,compitative race card,may charge us for login into app..all we would like to pay..

But the horse should win on merit.some loss,some will win,its part of game..let horse run on merit,punish those who are culprits & make this sports as a game of skill

I think online betting will not survive in a country like India where most of the betting is done illegally

When the central government stopped notes of various denominations it was then made mandatory that allbets with bookmakers should be done by plastic money

What happened?????

Today mostly the betting with bookmakers is done illegally

Congratulations on being bold and bullish to make the first move. That's the kind of leadership our racing industry needs.

This news is really a breath taking for all the punters of India hope BTC  starts their summer season as soon as possible... Congratulating all the stewards,, chairperson of BTC  for this grand effort to restart racing in India after the pandemic... Although it's not an easy call but we all hope BTC to commence racing from July... 

Good move. May help in the long run also

Good News for all Race lovers. Bangalore Turf Club stepping into Next Generation. It's highly appreciated. My best wishes for the efforts by Chairman, Stewards and their team. Hope soon I can sit at home leisurely and play, bet, and earn money.

Hello folks,

Well thought of move by team Btc. Good to see them take the initiative for early resumption of racing with maximum security ( health-wise ).
With Bangalore escaping the coronavirus pandemic, as compared to Mumbai, Delhi and Pune, we are certainly better placed for an early resumption.
The think-tank of team Btc ought to be complimented for taking the initiative.
Awaiting further details.

regds,
Cruise

Sir....it's a good idea as far as this pendamic is concerned....online betting is not new....punters in India got good membership with many online betting site's like bet365 etc....but as far as Indian center's like Bangalore...hyderabad or Kolkata are concerned will they able to cover the expenses and will they educate the punters about the same is my doubt.....but if this idea works then punters will benefit as they will bet from anywhere and if this continues even at certain point of time the turf clubs will also in good earnings....to my knowledge now it's the right time to make everything regarding racing online.....