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  #1  
Old 7th February 2002, 07:12 PM
Mark Mark is offline
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Didn't take long did it?
He just can't help himself.
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  #2  
Old 7th February 2002, 07:59 PM
Mr. Logic Mr. Logic is offline
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For possible legal reasons I will make my comments general. They do not refer to any bookmaker in particular.
I do not believe it is illegal for a bookmaker to give odds of 1000/1 about an even money favourite to anyone the bookie wishes to.
But it is a breach of a bookmaker's licence to record such a bet if the bet has not actually been made.
It seems obvious that if a bookmaker does make such bets, then the bookmaker expects to claim the losses on tax.
However there is also anti tax avoidance legislation. If the Tax Department becomes aware of such actions by any bookmaker it may be in a position to disallow the claimed losses.
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  #3  
Old 10th February 2002, 01:44 PM
mahogany mahogany is offline
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i'm a robbie waterhouse fan - the sydney ring needs him. but man, was he stupid!

barely 6 months back after a 20 year ban, and he pulls this stunt....
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