Just put a £20 bet on for Trump to win

PokerGuy

Lifer
Jul 2, 2005
13,650
201
101
Should have given me that cash instead.... that's a waste. The outcome was predetermined, and he was not going to win no matter what.
 

Timorous

Golden Member
Oct 27, 2008
1,727
3,152
136
I matched bet it as 888sports and betfair were offering 4/1 odds for Hillary to win. Whoever wins I get £60
 
Feb 4, 2009
34,703
15,951
136
They gave you pretty shitty odds (payout), twenty down should get you 160 back that's even giving the odds maker a decent payout.
 

RichUK

Lifer
Feb 14, 2005
10,334
677
126
They gave you pretty shitty odds (payout), twenty down should get you 160 back that's even giving the odds maker a decent payout.

Yeah a friend had better odds online. I just picked this up on the way back from work as a bit of fun.
 

brycejones

Lifer
Oct 18, 2005
26,700
25,034
136
Should have given me that cash instead.... that's a waste. The outcome was predetermined, and he was not going to win no matter what.

You're trying for full on dumb ass today aren't you?

As to the OP you probably just flushed 20 pounds.
 

kstu

Golden Member
Feb 23, 2004
1,544
31
91
The odds are moving and not in your favor. Either you threw away £20 (likely) or you could have won much more. Either way, nicely done!
 

sdifox

No Lifer
Sep 30, 2005
96,212
15,787
126
Do you have to pay tax on the winnings?

I am still shaking my head.
 

Timorous

Golden Member
Oct 27, 2008
1,727
3,152
136
Do you have to pay tax on the winnings?

I am still shaking my head.

Not in the UK

HMRC logic is that if they tax gambling winnings that means gambling losses can be deducted and since more people lose than they win it would be a net loss. They just tax the bookies on their profits.
 

sdifox

No Lifer
Sep 30, 2005
96,212
15,787
126
Not in the UK

HMRC logic is that if they tax gambling winnings that means gambling losses can be deducted and since more people lose than they win it would be a net loss. They just tax the bookies on their profits.

That was what I figured bu wasn't sure. Thanks.
 
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