Challenge to Bookies - Advertisers

Who will be brave enough to price up Captains Lover and National Colour -looking for the double

alcaponee i advise you to open either a betfair account or one with ladbrokes if you want to back our horses campaigning overseas ...the prices the bookies in sa offer on our horses overseas will be way inferior to those 2 firms

You should get 70/1, they are quoted at 7/1 and 8/1.

Is that not illegal? I thought that there was legislation in place to prevent us from playing overseas.

sure someone overseas with a paypal account can place bets for you

Alcaponee, just open an account with Victor Chandler or Ladbrokes. Governments have got more serious things to scam then a punter betting on UK racing.

No thanks. I prefer to wait and see who's brave enough in SA - Dont punt big enough to start converting rands to pounds.

Thanks for the advise though.

Maybe our local bookie on the south coast will take the bet.

Mori - we can bet on UK racing but it has to be done in SA

Seems as if SA Bookies offering 9/2 Captains Lover - www.hollywoodbets.net/

Hello All,

I've made this comment before and I'll repeat it here for those who might have forgotten or not seen it:

All taxpayers in good standing with SARS ( hence the need to apply for a directive ) are permitted a once-off offshore allowance for investment of R2 million. A married couple would, therefore, effectively have access to a R4 million allowance

There is nothing to stop the taxpayer depositing this amount into, say, a UK bank and thereafter transferring a portion ( or all of it ) into a Betfair account.

An earlier writer has indicated that the authorities have more pressing issues to pursue than chasing after Betfair punters. He is probably correct although I am sure the local racing authorities ( particularly those with tote interests ) would love to shaft you with SARS/Exchange Control if they could! They are probably only circumspect about doing so because they would probably be attacking their own owner and punter base.

Many punters have already used their credit cards to make deposits into Betfair. Providing this is done with restraint you will probably get away with it although you ARE breaking the law. There are a number of urban legends circulating regarding action that has been taken against users of this method. What probably has not been spelled out is that the 'offenders' probably abused the system and shipped out too much money or ( this being the more likely scenario ) could not settle their credit cards - prompting action from the bank which eventually spilled over to foreign exchange.