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Author Topic: State of the bookmaking industry  (Read 8993 times)
outragous76
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« Reply #45 on: May 04, 2013, 11:00:25 AM »

You need to consider that bookies can take poor quality property stock in bad areas for tiny rents! This makes their model work much better in difficult times.
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« Reply #46 on: May 04, 2013, 11:39:33 AM »

Watford: 3 new shops opened in recent weeks. Two either very close or actually next door to existing betting shops. Scary to think how much machines must be pulling in for this to work.
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« Reply #47 on: May 04, 2013, 12:13:08 PM »

At Genting Sheffield last night, was sharing a table with snooker celebs Hendry and Willie Thorne.
i remarked that a fellow snooker pro has been barred from a Paddy Power shop for winning too much. Willie was soon in full flow and said he'd tried to have a 1000/1200 on a horse at Kempton in Corals.
they offered him 100/120 and the rest at SP
Most of you may know that Willie has lost 000's punting in his time,if you're take someone on it would surely be him. If i was trading for Corals and the shop came thro for PTL on that bet it would be yes please, and would he like some more. (it won at 5/6 btw,but thats been results orientated)
They seem to treat everyone as a "sharp mind" whereas when i had a betting shop they were all mugs til they had won 2/3k off me,then its either give them the red card or use them as a mark and punt them yourself. Twenty years ago i used to stand horses for probably 25% of my bankroll most days of the week,but i knew he was a massive losing punter so i opened my shoulders and took him on. Not good for the stress levels and probably the reason my hair left me but sure was an adrenaline rush and i did come out on the right side of the battles.
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redarmi
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« Reply #48 on: May 04, 2013, 12:41:44 PM »

If Corals are knocking back Willie Thorne to lose a grand at 5/6 then the game is well and truly done.  they honestly might as well shut their doors.
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« Reply #49 on: May 04, 2013, 01:55:07 PM »

 Click to see full-size image.


from

http://simple-living-in-suffolk.co.uk/2012/07/ladbrokes-double-vision-more-betting-capacity-needed-for-the-recession/
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kinboshi
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« Reply #50 on: May 04, 2013, 02:31:11 PM »


Wow.
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Eso Kral
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« Reply #51 on: May 04, 2013, 02:39:09 PM »

You can never be too carefull crossing the road!!
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« Reply #52 on: May 04, 2013, 02:44:22 PM »


Reckon they funded that 2nd shop out of ice-cream money on Walsall to go up/down/middle.
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Eso Kral
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« Reply #53 on: May 04, 2013, 02:47:36 PM »


Reckon they funded that 2nd shop out of ice-cream money on Walsall to go up/down/middle.
No but VC probs have upgraded their presence  Sad
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gouty
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« Reply #54 on: May 04, 2013, 04:51:21 PM »

You need to consider that bookies can take poor quality property stock in bad areas for tiny rents! This makes their model work much better in difficult times.
What some may class as a bad area actually can have very high rents. The rateable value of my premises is half that of my last shop yet the rent is double. Footfall is key.
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« Reply #55 on: May 08, 2013, 10:26:14 PM »

http://www.independent.co.uk/voices/comment/why-do-we-prop-up-an-industry-destroying-lives-across-britain-8606217.html
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kinboshi
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« Reply #56 on: May 08, 2013, 10:36:10 PM »


Good article imo.
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AndrewT
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« Reply #57 on: May 08, 2013, 10:43:32 PM »

Watford: 3 new shops opened in recent weeks. Two either very close or actually next door to existing betting shops. Scary to think how much machines must be pulling in for this to work.

Last year, each machines in Ladbrokes averaged £946 a week (each shop can have 4) - £41.5m in total for the year.
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kinboshi
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« Reply #58 on: May 08, 2013, 10:45:28 PM »

Watford: 3 new shops opened in recent weeks. Two either very close or actually next door to existing betting shops. Scary to think how much machines must be pulling in for this to work.

Last year, each machines in Ladbrokes averaged £946 a week (each shop can have 4) - £41.5m in total for the year.

I'm pretty sure that will totally eclipse what they're getting in terms of poker revenue!
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« Reply #59 on: May 08, 2013, 10:47:26 PM »

First time I went to Vegas there were a few Ladbrokes shirted people on the same plane. Do they still have a poker room?
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