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1st February 2005, 04:00 PM
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Member
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Join Date: Jan 1970
Posts: 243
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Quote:
Originally Posted by Mr. Logic
With your first method just level staking $200 would turn over $20,000 per month and give you $3,600 tax free per month. Even with just another $200 on your other 15 bets per month you'd get another $1200 tax free. That makes $4,800 per month tax free. I guess you must be a full time professional living of the punt. Good on you, Filante.
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Filante, you misunderstood me. I just assumed you would have to be a professional with results like those. I also assumed your bets would be higher than the amounts I gave above. That was just for illustration purposes. I can't imagine too many social punters who if they could obtain your results would keep it as just a hobby. Then at least admit that you have been seriously tempted to go professional.
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