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Being The Bookie

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    #32
    charlesanto
    Registered Users Posts: 714 ✭✭✭charlesanto


    Guaranteed to make money....

    Check out the bookie value in "to qualify for final" in the laurels Click Me !!


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    #33
    Howjoe1
    Closed Accounts Posts: 2,666 ✭✭✭Howjoe1


    kryogen wrote: »
    thanks mate, ill let you lads know if anything happens with this

    its a business avenue we plan to go down even if we dont get this particular one

    still need to figure out so much stuff about it, lots of work to do before monday :) gotta convince the guy to give us the place over a well established huge bookmaker chain lol

    Dying to know if you went ahead. Expecting to open shop in 2 months and a bit nervous now.


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    #34
    kryogen
    Closed Accounts Posts: 25,953 ✭✭✭✭kryogen


    Howjoe1 wrote: »
    Dying to know if you went ahead. Expecting to open shop in 2 months and a bit nervous now.


    tied up in red tape at the moment mate, a certain citys council is objecting and blocking the change of use license right now, i dont think it will be a huge problem but its a bit of an un needed headache tbh

    how did you go about getting a change of use license if you dont mind me asking? if you needed one of course :)


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    #35
    Howjoe1
    Closed Accounts Posts: 2,666 ✭✭✭Howjoe1


    kryogen wrote: »
    tied up in red tape at the moment mate, a certain citys council is objecting and blocking the change of use license right now, i dont think it will be a huge problem but its a bit of an un needed headache tbh

    how did you go about getting a change of use license if you dont mind me asking? if you needed one of course :)

    Through planning application with local County Council. It's all taken ages, what with getting architect to get off his arse and submit application. Decision due this week so hopefully it gets approved. You then have to wait 4 weeks for potential objectors and a further two weeks before trading. It can get frustrating.


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    #36
    redarmyblues
    Registered Users Posts: 972 ✭✭✭redarmyblues


    My sober advice is not to do it at the moment. You cannot give small shops away n the present climate. Check out the october edition of the trade mag, Betting Business on page 10 "Irish betting market suffers from oversupply". Brief synopsis 400 shops opened last year, 1554 up from 909 in 2002, shop for every 2728 people compared to 7058 in UK,margins lower than UK, and no FOBt,s. add 2% tax and the fact you will be holding an asset you cannot sell in the current climate.

    A word on margins you might get a gross win as small as 7%. Take out 2% tax and you will need to turnover 2m a year to break even. It is a pig of a way to make a living.


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    #37
    redarmyblues
    Registered Users Posts: 972 ✭✭✭redarmyblues


    one more thing, if you do decide to go ahead, do not touch I repeat do not touch the Abeta bet capture system.


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    #38
    Howjoe1
    Closed Accounts Posts: 2,666 ✭✭✭Howjoe1


    redarmyblues wrote: »
    one more thing, if you do decide to go ahead, do not touch I repeat do not touch the Abeta bet capture system.

    Thanks for that. Arkle Epos system seems very expensive in the long run with high monthly charges. Any recommendations?


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    #39
    jellybaby21
    Registered Users Posts: 535 ✭✭✭jellybaby21


    try alpha-meric it is used by alot of independants celtic included.


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    #40
    Browney7
    Registered Users Posts: 3,100 ✭✭✭Browney7


    Ya most of the independents use the Alphameric system. I work weekends in an independent Bookmakers and its a fine system to use. A bit more labour intensive on the staff though compared to epos;)

    Powers are trying to kill the market and force the independents out of business imo. Look at all the promotions they run Last man Standing and Guaranteed early morning prices and things like that.

    Too many offices in the country in my opinion


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