How much is your annual turnover?

If what I’ve read online today is correct, someone or something will be telling me what I can and can’t afford to bet. Sadly, if this is the case, I suspect the whole industry will be doomed.

There is far too much money made from just football and racing bets alone for this to be taken seriously though? Pretty sure the gambling industry is quite valuable to the general economy of this country.

I may have read this wrong though, I’m not sharpest knife in the set when it comes to stuff like that.
 
In a 12 month period during 2009/10-I had a betting volume of €1.2 million on betfair.Betting volume is the total of how much you win or lose -the turnover figure would be significantly higher.Turnover is meaningless in terms of gambling-profit and loss are the only things that matter.
 
1.2 million? Jesus Christ :lol:

Just on 365, in the last 12 month, I’ve gambled stakes valuing 32k, showing a profit of just £700. Hoping the next 12 month will be somewhat lower stakes and higher profit as I’ve cut out the ridiculous jackpot multis I usually go for.

Guessing the other books I use won’t be to dissimilar. Skybet one i suspect will be ran at a loss as I use that for football bets, and I can’t land an acca to save my life. Stake £25 you get a £5 free bet though which Ive used for anti post Cheltenham bets this year.
 
Across my accounts in the last 12 months, I’m showing a profit of just under three-grand, with a little over a grand in play ante-post.

Considering I hit £2500 in one F1 bet in the summer, it hardly seems worth the fu*cking effort.
 
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Grasshopper said:
Across my accounts in the last 12 months, I’m showing a profit of just under three-grand, with a little over a grand in play ante-post.

Considering I hit £2500 in one F1 bet in the summer, it hardly seems worth the fu*cking effort.
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Same. I try keep the bets I do on my Mac. I haemorrhage money doing trebles and 4 folds. Had I backed them in singles I’d be far better off.
I’ve built up a decent pot on the Exchange, started laying more horses than I usually would. Usually gives me heart palpitations though.
 
A £20 voucher from W Hills usually lasts me a year or two and that’s with having a multitude of bets most days. I won’t make the bookies poor but neither will I make myself rich. But I do enjoy it!
 
Slim said:
It's just recycling money. You can turnover 1m a year with a 20k tank.
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Absolutely you can depending on how you are betting...I was doing dutching trebles for a while. If the first Dutch won the lot goes on to the next Duth and then the next

Sp 50 quid can become 200 very easily.....But on normal singles you need to be some sort of nut job to be gambling 1million in a year....
 
If you were given €5000 to play poker with for the year a turnover of a million wouldn’t be unrealistic.Only the p&l figure matters.
 
LUKE said:
If you were given €5000 to play poker with for the year a turnover of a million wouldn’t be unrealistic.Only the p&l figure matters.
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Not a great analogy. Mosgt people wouldn't last long with the 5k.
 
Blackjack would be a better analogy.

Palazzo 2011 I changed up an initial $200 and turned over in excess of $100k in one night, playing $400 hands for a good portion of it after a nice opening couple of hours, before walking away with a nice but ultimately disappointing $5k profit.

It wasn’t without a few nervy moments, e.g. when you’ve split Aces three times and another one comes forcing you into a $2k hand.
 
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I don't think you need an anology. A punter with £100 to bet on a Saturday could turnover £1k quite easily. It was why bookmaker concessions like BOG and money back started. To increase 'the churn'.
 
This thread got me thinking about P&L, so I picked an account at random (Hills) to check my lifetime P&L.

It transpires that since 6th December 2008, I am the princely sum of £173.44 down on that account, and therefore losing at a rate of a little over a £1 per month, over that 12 year period.

Strange thing is - I actually feel OK about it! :lol:
 
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Grasshopper said:
This thread got me thinking about P&L, so I picked an account at random (Hills) to check my lifetime P&L.

It transpires that since 6th December 2008, I am the princely sum of £173.44 down on that account, and therefore losing at a rate of a little over a £1 per month, over that 12 year period.

Strange thing is - I actually feel OK about it! :lol:
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And so you should. You spent far more in a half hour in Newcastle on entertainment...
 
The statute of limitations on Newcastle expired with the Fighting Fifth last weekend.

Which means it is now reset, of course. :lol:
 
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