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Btc’s Success Is A Positive Step Forward For Indian Racing

By S C Sharma | 04-Jul-2020

     In continuation to my post dated 3rd July and after official confirmation by BTC of getting on-line betting permission from the state govt of Karnataka more details appeared and highlighted in various media reports and websites and expressing happiness over the developments.  RWITC chairman Z S Poonawalla said ( as quoted by times of India ) -- BTC's good fortune. I will also help RWITC to get permission that much faster. All in all it is a positive step forward for Indian racing. 
    D Vinod  Shivappa the chairman, BTC said to the media - It is a milestone for us. This has given us a lot of breathing space. That's huge relief for us. It opens up a whole new avenue and we are at the forefront of it. Senior steward of BTC Hari Moham Naidu stated --The app will be ready in another two months. Once it is ready BTC will resume races without spectators but with online betting. With online betting, a racing enthusiast sitting anywhere can place bets on races we conduct . BTC will develop a mobile application where punters can place bets on races and receive dividends through a digital wallet. 

Now BTC's lead will help other race clubs of the country to proceed fast at their end. Online betting system is already in existence and successful  at many countries outside India  and proved helpful in generating effortless revenues. This type of bettings will improve transparency, eliminating bookmakers and illegal bets on the sidelines- a problem the race clubs has handled without much success so far.
 

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25 Replies

Buddy said ...

08-Jul-2020

First of all you did not answer my question where did you pay tax from card gambling - Second,you are twisting what I said 'Said sometimes even the card player is taken in to the station' said sometimes - as with me it has not happened - even in the social clubs there are levels - the grade 1- will never allow the punter to be taken in- they will pay off on the spot -its the lower level [tote] where you hang around.

Raghavan said ...

08-Jul-2020

Prajwal,

"My ideology will do no good to the industry"!

Well said sir,  Then, at least quote one or two members who are interacting in this site as to whose ideology will do good to the industry.

You see, I have strong reservation about the bookies who took bets at 10%.  There are many who get irritated at what I say and are asking me to tone down my rhetoric against bookies.  But, no one, in my memory or knowledge invoked the term "ideology"!  And, I do not know in what context you used that term.  Hence, I request you to name one or two examples of horsetalk members who are doing yeomen service to the ideology of the industry.

Bookies are the greatest enemies to the sports.  And my ideology, (if I can use that word) is directed against them.  Punters are asking me to ignore those action of the bookies for obvious reasons.  However, I am in this mode for more than 8 years.  I do not know in what way the industry has suffered.  But, I know, the punters have suffered maximum.

 

Raghavan said ...

08-Jul-2020

Buddy,

I have already stated that it shall be my last post.  Well.  Seems you are not at all satisfied.  

Anyway, one thing I agree 100%.  According to me, there are no winners in race betting.  Not even Brahma, Vishnu.  Perhaps when I say his Rajinder Krishna may be laughing in heaven.  So also, 100s of men who have won big amounts in jackpot, exacta etc.

In the same manner,  according to Buddy, every cards player must have been arrested, fined, jailed.  He believes so because the police have raided small social clubs which he visits and has been arrested, fined or jailed.  Such people will always believe that other cards player/s also have suffered the same fate. 

Well. No body can drill something called common sense, in people who claim that the rabbit they caught had only three legs.

So, Mr Buddy must have been arrested several times when he visited the clubs & he believes that I am also arrested/jailed.  Well.  He is fully at liberty to believe whatever he wants.

 

Prajwal said ...

07-Jul-2020

Raghavan,

First of all please stop your hatred for the sport your ideology will do no good for this industry. 

Buddy said ...

07-Jul-2020

Can one file incometax saying I won in card gambling will it be accepted -it will go under money laundering - can you say you lost in card gambling -it will go under evading tax- so which country did you pay tax from card gambling mr tote.

Buddy said ...

07-Jul-2020

Raghu the tote - you don't have to be 'member' of small time time socail clubs just tag along with a player you know and start playing - done that many times before I got married and stopped playing cards after that .

The big posh clubs - CCI /NSCI etc over there you have to be a member or a member has to sign you in cannot even enter the club otherwise -over there no kitty is taken its played with tokens ,cash exchanged later - no card player or owner[small or big] has ever payed tax for making money -everyone here will know that-your kitty game was from small social clubs - 

let me quote you 'card games is legal and and tax is promptly collected from the winners,,they call it kitty'- wow  KITTY is what small clubs take per game -NO TAX IS PAID BY CARD GAMBLERS/OWNERS- never happened in the history of card gambling.-let others decide who is right.

Raghavan said ...

07-Jul-2020

Buddy,

So, one lie leads to another.  O K.  No point in arguing with a person having jaundiced vision about the registered clubs.  You are entitled to your opinion based on your experience; and I speak from my experience.

So for the last time.....

You say you are also a member of small social clubs/big clubs.  And you say at small social clubs, the police raid is too frequent there.  I do know about those clubs since I do not visit such clubs..  However you seem to be a frequent visitor there.  So, how many times you ended in lock up?

I pay kitty.  So, your argue that I play at small clubs.  Such self serving arguments, make me laugh.  In big clubs, there may be stakes like Rs. 8000 book, or Rs. 80,000 book.  But, small stakes, as low as 16/- book or 160/- book are also played in those big clubs.  And there will be counters for Re.1/- Rs.10/-, Rs. 100/ , Rs. 1000, Rs. 5000 or more.  It is really stupid to state that members hoodwink the authorities by stating that they play with counters and not cash

Kitty, sheet charges, pack charges etc are the common terminologies there.

"Big clubs do not take any kitty from the players.  Only small clubs take. kitty from the players"   Such statements make me laugh.  Card collection is an important revenue items at all clubs and such collections are proportionate to the stakes. 

In any case, I am happy that you ran out of arguments regarding the day light fraud of the bookies, and desperately trying to pin me on my card play.

And  you say there are clubs that do not insist on card collections or kitty collections or pack charges or sheet charges, I have not visited such clubs.  Perhaps such clubs exist in heavens or netherworld.

 

Buddy said ...

07-Jul-2020

Mr tote - you spoke about 'kitty' being taken -now that is done in small social clubs where police has cracked down - the big cubs like NSCI and others DON'T take any kitty from the game - so you said kitty means you play at small social clubs. one lie leads to another.

Buddy said ...

07-Jul-2020

I have played at small social clubs and big clubs like -NSCI mumbai -which is the biggest den for race settlement every monday - plus I am a member of some very big clubs - which has affliations with clubs like CCI mumbai .I have seen it all - you are still on the tote  never played at 10% -40yrs record.holder.

Buddy said ...

07-Jul-2020

Liten toteman - i am a member os such clubs so I know how it works there too - the small social clubsare raided and closed now -the big one like bowring/bangalore club /nsci /cci mumbai /residency pune - they are allowed to play with counters ,no cash transaction license has been given to them because they have other sporting activities -  

The main thing is money transactions are done and not a single rupeee tax is paid by anyone -In the hisory of all card players no one has ever paid cash -illegal gambling unaccounted money - people/players know.

Raghavan said ...

06-Jul-2020

Buddy,

Malleswaram Association, Bowring Institute, Bangalore city institute.

Some of the registered clubs that are at Bangalore.  Of course there are many more.   They run bar, cards game, swimming, basket ball, table tennis  and many other sports activity.    

Surprised that you do not know about them.  O K.  At least do not make a fool of yourself.  Seems you have visited only those clubs which are not licensed.  How many times you ended in lock up?

Buddy said ...

06-Jul-2020

raghu red hot lie on your post - I know about card clubs .

Regeistered card club run under the guise of entertainment[no cash ] but in reality they take cash give counters 1]kitty is collected every game which goes to the owner/club[2] cops are given some amount every month to not raid them[3] no owner or punter ever ever pays tax over here its unaccounted money [3]sometimes during raids even the punter gets taken to the station4]card gambling with money was always illegal now fro a long time time there has been a clampdown.. stop being a hypocrite.

N Shrikant said ...

06-Jul-2020

With 28% GST? Punters can not make much profit. It's just   like hobby . 

2. Illegal betting will get reduce.

3. There may be  some restriction on betting,which directly help the punters,  not to lose more money through illegal betting.( No credit) .

Raghavan said ...

06-Jul-2020

Buddy,

"Bookies do not entertain your level of betting".  

From 1991 or 1992, I am betting at tote.  If bookies do not entertain my level of betting, then absolutely no problem.  

"Your anger against bookies is out of frustration because of the low odds that I get".

A funny assessment.   There is no question of any kind of anger because of odds.   The only thing that I am against is their accepting bets at 10%.  And, I am saying this for more than 8 years.

For your information, totes were paying at par, many times higher and many times lower than what bookies were paying.  However, after July 2017, the equation moved favoring bookies.  But, there are several instances  where tote beats bookies fair and square post July 2017 also.  

For eg, Jack Flash & Antarctica.  On 26/2/2020 at Mumbai.  At IVB on BTC tote, they paid 829 & 281 respectively.  A 300/- (three hundred rupees) roll would have fetched 6.9 lakhs.

So stop worrying about what bookies entertain or not entertain.  Do not do any chamchagiri to the bookies.  

 

Raghavan said ...

05-Jul-2020

Buddy,

Card games at registered club is legal, and tax was also promptly collected from the winners.  (They call it kitty).

Perhaps you do not know about the registered clubs.

You are a punter primarily doing business with bookies.  You have said your average bet was 70k.  I have seen your tips.  You have confessed that you lost all your cash balance.  Quite natural.   If your betting is at the same level of intelligence as you tip, there can be only loss, loss.  But in bargain you got lot of mental  happiness.  Perhaps, you are aiming to get still more mental happiness.  The bookies will definitely grant your request.  Only thing is you should not carry forward your liabilities.  Of course, upto one lakh they will permit you to keep in arrears.  Certainly they are the most generous lot in the racing world.  I am told that they have granted mental happiness to a large section of punters.

You are not friend of bookies? Or that of punters?  Very good.  Of course, if you are not friend of punters, that will in no way harm you.  But, be careful about the bookies.  They may stop granting you mental happiness.

Buddy said ...

05-Jul-2020

Tote Man,

I am talking based on facts -demand for better odds will make punters go to the bookies -demand & supply - bookies don't entertain your level of betting so its only tote for you -  your anger against bookies is out of frustration because you get Low odds ...comparitively .I dont care about bookies or punters ...only odds matter -lay bets matter-money settlement once a week -non race day matters.

Buddy said ...

05-Jul-2020

Mr tote - you give a damm right - that's all you have damm/dime - who cares -you a regular card gambler never paid tax on the days you on nor did the owner who made a living -look I care a damm for the bookies and for you.

Raghavan said ...

05-Jul-2020

Buddy,

Will the move be a success?  That time only can tell.  Even I am also having some reservations.  But, that is a common thing in any thing that is new.

The Government has given approval.  I welcome that.  Let there be 100 deficiencies there.  We will put up with that.  

Your pet friends, that is bookies, are fully at liberty to indulge in whatever clownish act they can think of.  Let them for the time being run their business from their residence.  We do not give a damn.

Racing is now conducted without spectators at Hong kong, England etc.  Well, let that be a reality in India too.  If punters consider it not viable or if the turf club consider it an expensive let them subsequently stop that.  No problem.  

Please stop shedding tears in favor of bookies.  They have cheated the punters, Government, and the club with impunity for so many years. 

And, what is your objection.  Low dividends for online bettors?  

"Aadu ninaigirathe enru onai kanneer vadithadam!"

A wolf was shedding tears in favor of a lamb that was drenching in rain.  You are not a tote punter.  Leave us to our fate.  We have received smaller dividend  for several years.  And we will continue.  

You are welcome to do that job at which you are well experienced.  Be an Adviser the bookies.

Buddy said ...

05-Jul-2020

The pay-offs online will be like the tote- tax on tax -on-line nothing to be excited about a stronger demon will be in place - there will no difference to the bookies they will enjoy the benefit - big punters will only deal with them for obvious reasons - tote punters on-line.

 

Dancing Dynamite said ...

04-Jul-2020

Govt. Says online betting within the rules.  And rules don't allow.  Nowhere it is said that rules will be amended.  Case closed

King Of Good Times said ...

04-Jul-2020

Just imagine do you think bookies are  good Samaritans that if races are on go, they keep calm and enjoy the races by seating at home. When good olden times a small hike in gst made them to loot money by luring punters with half tax, and as a result clubs lost most of there revenues drastically. if races started with online betting no one can stop them without any taxes they will  accept  bets by  keeping agents and so many ways to manipulate the bets. So it is good but not a correct decision. May be iam wrong in my view but not in my thoughts.

Phantom said ...

04-Jul-2020

Self control is paramount. Illegal bookies should be thrown out. Gambling is universal. . In India Mahabharata started with  gambling. Cheating was the theme. Gambling is fine as long fair play is maintained only online betting will get rid of corruption. People opposing corruption  not acceptable.

Buddy said ...

04-Jul-2020

One might its legal so its not a vice - alcohol is banned in certain states - racing I believe used to happen in some other states before it was banned - pan masala legal now banned - lotterry [not sure] has opposition .....just imagine this......too dangerous ......not in the best interest of future generation.

Mon said ...

04-Jul-2020

Boss permission is granted to BTC for online

But still I tell you with out punters racing want be excited no totes no stake money for Club's government loss BTC work men salary who is going to pay and staff working in the BTC what about that so best start racing with spectators.

Buddy said ...

04-Jul-2020

Great -  vice being promoted - no help from govt if you come on the road -  no money in bank next sell the house -  young people of our country won't be able to handle -nor will the grown-ups....bold bad move. should be condemned