Certainly a desperate move to give a 50%discount on something that has not has that sort of margin does that means the prize is also reduced by 50%?Customers today were coming in store enquiring about this. When I explained that they are not buying a actual ticket but placing a bet with a bookmaker who has a insurance policy in case they win the operator would have to make a claim on the policy to get paid. The common reply was forget it sounds dodgy to them.
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Allan Wickham
Colin, bookies don’t work on margins, they work on odds. Your customers are right, it’s dodgy.
Certainly a desperate move to give a 50%discount on something that has not has that sort of margin does that means the prize is also reduced by 50%?Customers today were coming in store enquiring about this. When I explained that they are not buying a actual ticket but placing a bet with a bookmaker who has a insurance policy in case they win the operator would have to make a claim on the policy to get paid. The common reply was forget it sounds dodgy to them.
1 likes
Colin, bookies don’t work on margins, they work on odds. Your customers are right, it’s dodgy.
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