Business of Betting Podcast cover image

E37 - Bookmaking and Betting Professionally

Business of Betting Podcast

00:00

The Effects of the Cash Transaction Report on Racing Profits

In time I became more of a punting bookmaker. There's no point in me having something at three to one when they might put up five or six to one and I'd be happy to take that price off of them. So you said you would lose over time going up first is that just because the market is probably better than one bookmaker's opinion even if yours was a damn good opinion? And that's right that's right you can sort of only you know the early punters you know there are some losing early punters but a lot of them did quite well out of it of course yeah. General Turnover I think at my peak in 1989 maybe my annual turnover was

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app