Quote Originally Posted by Arfur Europe View Post
It always makes me wonder how much tax the country has lost since the Government of the time caved into the gambling lobby and shelved the old 10% betting tax.

Older posters will remember there was a seperate gamble with this - you either paid it upfront on the stake, or risk it coming off the potential winnings.
I think it's more likely that these companies can now make a fortune - basically TV advertising has made it appear that having a flutter on a sports event is now as much an element of watching sport as buying a ticket.