£48m more than she was paid in 2017 and in 2017 she earned £217m
Earned? No one earns that much. She's a bookie, they take money from idiots. Any other walk of life would call it stealing.
Never mentioned by the hectoring press nor the jealous chatters but on a salary package of £220M she'd have paid just shy of £99M in income tax plus £444k NI and the employer wears another £30M of NI on top. £130M to the treasury, in one year - how many lifetimes would all the snipes have to work to equal that? Perspective anybody?
Compare and contrast those figures for Denise Coates with the Champagne socialists who tell us how to live our lives and their offshore accounts and trusts etc.
£48m more than she was paid in 2017 and in 2017 she earned £217m
Earned? No one earns that much. She's a bookie, they take money from idiots. Any other walk of life would call it stealing.
Never mentioned by the hectoring press nor the jealous chatters but on a salary package of £220M she'd have paid just shy of £99M in income tax plus £444k NI and the employer wears another £30M of NI on top. £130M to the treasury, in one year - how many lifetimes would all the snipes have to work to equal that? Perspective anybody?
Did she... You have access to he finances.... More like she paid herself a salary of 10 k a year and gave herself a whopping dividend.... Oh how the other half live... Glad i dont associate with them...
Just been asked on question time... Clearly the best minds in the country about to discuss (actually, the first guy being very complimentary, says she's a superb example of a business person)
£48m more than she was paid in 2017 and in 2017 she earned £217m
Earned? No one earns that much. She's a bookie, they take money from idiots. Any other walk of life would call it stealing.
Never mentioned by the hectoring press nor the jealous chatters but on a salary package of £220M she'd have paid just shy of £99M in income tax plus £444k NI and the employer wears another £30M of NI on top. £130M to the treasury, in one year - how many lifetimes would all the snipes have to work to equal that? Perspective anybody?
Did she... You have access to he finances.... More like she paid herself a salary of 10 k a year and gave herself a whopping dividend.... Oh how the other half live... Glad i dont associate with them...</blockquote
Daughters boyfriend has worked for Bet 365 for a few months at their head office. He told me all about the inside running of the company. Was very interesting as im someone that only ever bets in the office lottery syndicate. Anyway he says they are a good employer. He's 21 and started on £25k rising to £28k after 12 months completed. Good money in the Stoke area. He says the head office is a great place to work. Good canteen and friendly staff environment.
£48m more than she was paid in 2017 and in 2017 she earned £217m
Earned? No one earns that much. She's a bookie, they take money from idiots. Any other walk of life would call it stealing.
Never mentioned by the hectoring press nor the jealous chatters but on a salary package of £220M she'd have paid just shy of £99M in income tax plus £444k NI and the employer wears another £30M of NI on top. £130M to the treasury, in one year - how many lifetimes would all the snipes have to work to equal that? Perspective anybody?
Did she... You have access to he finances.... More like she paid herself a salary of 10 k a year and gave herself a whopping dividend.... Oh how the other half live... Glad i dont associate with them...
I do have access to her finances - you're wrong, as usual.
Daughters boyfriend has worked for Bet 365 for a few months at their head office. He told me all about the inside running of the company. Was very interesting as im someone that only ever bets in the office lottery syndicate. Anyway he says they are a good employer. He's 21 and started on £25k rising to £28k after 12 months completed. Good money in the Stoke area. He says the head office is a great place to work. Good canteen and friendly staff environment.
That’s not a lot different to a grad in the city, very good money I would think in Stoke.
@Chippycafc why the gripe, even before @bobmunro replied its clear from press reports or the report and accounts that she draws a massive salary and pays a huge amount of tax. Whatever you may think about gambling shes clearly a very clever lady who has more than contributed to society both financially and otherwise. Dont believe the rhetoric that all rich/very wealthy business people are somehow fiddling society, in my experience that’s the exception rather than the rule. Definitely barking up the wrong tree with this lady.
£48m more than she was paid in 2017 and in 2017 she earned £217m
Earned? No one earns that much. She's a bookie, they take money from idiots. Any other walk of life would call it stealing.
Never mentioned by the hectoring press nor the jealous chatters but on a salary package of £220M she'd have paid just shy of £99M in income tax plus £444k NI and the employer wears another £30M of NI on top. £130M to the treasury, in one year - how many lifetimes would all the snipes have to work to equal that? Perspective anybody?
Did she... You have access to he finances.... More like she paid herself a salary of 10 k a year and gave herself a whopping dividend.... Oh how the other half live... Glad i dont associate with them...
I do have access to her finances - you're wrong, as usual.
Even IF she did pay herself big dividends to pay 38% rather than 45%. Be mad at the system/government mate, not the person following the laws.
Their 4,232 non-director employees were paid an average of approx. £70k pa but it includes the wages of the Stoke City players/coaches who were in the Premier League during the period of the accounts (which would have made up the bulk of the £82m in wages/salaries paid to the ~300 staff employed by the football club per the direct Stoke City accounts to 31 May 2018).
However even stripping out the football club element you are still left with approx. 3,900 staff earning approx. £62k pa on average - whilst this obviously masks inevitably enormous disparities between the highest/lowest paid, as others have mentioned it's still relatively lucrative work in an otherwise relatively poor town (though plenty work elsewhere too eg Gibraltar, and will be higher paid on average).
Daughters boyfriend has worked for Bet 365 for a few months at their head office. He told me all about the inside running of the company. Was very interesting as im someone that only ever bets in the office lottery syndicate. Anyway he says they are a good employer. He's 21 and started on £25k rising to £28k after 12 months completed. Good money in the Stoke area. He says the head office is a great place to work. Good canteen and friendly staff environment.
That does seem good money for the area. What does he do, vaguely to not give him away, i dont want to get him trouble with any watching HR directors!
Daughters boyfriend has worked for Bet 365 for a few months at their head office. He told me all about the inside running of the company. Was very interesting as im someone that only ever bets in the office lottery syndicate. Anyway he says they are a good employer. He's 21 and started on £25k rising to £28k after 12 months completed. Good money in the Stoke area. He says the head office is a great place to work. Good canteen and friendly staff environment.
That does seem good money for the area. What does he do, vaguely to not give him away, i dont want to get him trouble with any watching HR directors!
Daughters boyfriend has worked for Bet 365 for a few months at their head office. He told me all about the inside running of the company. Was very interesting as im someone that only ever bets in the office lottery syndicate. Anyway he says they are a good employer. He's 21 and started on £25k rising to £28k after 12 months completed. Good money in the Stoke area. He says the head office is a great place to work. Good canteen and friendly staff environment.
That does seem good money for the area. What does he do, vaguely to not give him away, i dont want to get him trouble with any watching HR directors!
Fast food companies prey on fat people Alcohol companies lure in piss heads Tobacco companies entice smokers Retail companies attract shopaholics
If people can’t control their urges with a pound note around a legitimate business then that’s their problem not the person selling the product.
Of course I understand the point and obviously people do not have to give their money over, but I don't agree they are the same. Shopaholics have something to show for their money, even if their spending becomes uncontrollable and stupid. It's also a lot harder to ruin your live financially in the same way with fast food, tobacco and alcohol. Admittedly, it can still happen via other methods too, especially health.
With gambling, you can lose thousands in minutes. I agree with BR7 above, it has to be regulated. I used to be a match bettor and I was limited very swiftly by Bet365 and other bookmakers. They are quick to ban the winners and encourage the losers. They should also shoulder more responsibility regarding problem gamblers. Bookmakers could make money without destroying lives. The fact is they are making millions because thousands out there are betting their livelihoods away. I bet there's a shed load of people on here who regularly lose £5/10 a week.
I just personally find it difficult to praise a woman who makes her money from others downfall. I am not blaming her for these losses, but she certainly doesn't want them to stop does she.
I just personally find it difficult to praise a woman who makes her money from others downfall. I am not blaming her for these losses, but she certainly doesn't want them to stop does she.
Wait, doesn't the company make money on each side of the bet? I don't think those who lose a bet lose against the "house" (Bet365), right? For every loser, someone else wins? Your post makes it sound like Vegas, where you DO bet against the casino.
£48m more than she was paid in 2017 and in 2017 she earned £217m
Earned? No one earns that much. She's a bookie, they take money from idiots. Any other walk of life would call it stealing.
Never mentioned by the hectoring press nor the jealous chatters but on a salary package of £220M she'd have paid just shy of £99M in income tax plus £444k NI and the employer wears another £30M of NI on top. £130M to the treasury, in one year - how many lifetimes would all the snipes have to work to equal that? Perspective anybody?
I suspected most of that payout would be dividends so no NI but just seen others' comments about that so I'm happy to be proved wrong.
I just personally find it difficult to praise a woman who makes her money from others downfall. I am not blaming her for these losses, but she certainly doesn't want them to stop does she.
Wait, doesn't the company make money on each side of the bet? I don't think those who lose a bet lose against the "house" (Bet365), right? For every loser, someone else wins? Your post makes it sound like Vegas, where you DO bet against the casino.
What you on about, of course they lose again the house.
Daughters boyfriend has worked for Bet 365 for a few months at their head office. He told me all about the inside running of the company. Was very interesting as im someone that only ever bets in the office lottery syndicate. Anyway he says they are a good employer. He's 21 and started on £25k rising to £28k after 12 months completed. Good money in the Stoke area. He says the head office is a great place to work. Good canteen and friendly staff environment.
That does seem good money for the area. What does he do, vaguely to not give him away, i dont want to get him trouble with any watching HR directors!
I just personally find it difficult to praise a woman who makes her money from others downfall. I am not blaming her for these losses, but she certainly doesn't want them to stop does she.
Wait, doesn't the company make money on each side of the bet? I don't think those who lose a bet lose against the "house" (Bet365), right? For every loser, someone else wins? Your post makes it sound like Vegas, where you DO bet against the casino.
You may be thinking of betting exchanges like Betfair that generate revenues from taking a % of all winnings.
The sum of the implied probabilities on every event will include a profit margin of at least 5-10% with a traditional bookie.
In a three horse race where each is perceived to have an equal chance of winning, they’ll be priced at say 7/4 not 2/1.
Since they close the accounts of anyone smarter than they are at assessing the initial probabilities, the chances of coming out ahead are de minimis and ultimately zero the more often you face the above embedded margins.
Also worth noting that the reason they encourage football punters to try accumulators is that the impact of those margins is compounded by each additional selection.
If I win I will be happy, if I lose it's only £5 which I'm lucky enough to be able to afford.
I wouldn't enjoy betting more, say £100, as while I could afford that the regret of the opportunity cost lost (what else I could have spent it on) is more than the thrill of the "will I win or not?".
That's me. Others will laugh at a £5 bet "wimp" bet. Fine, it's your money so spend it as you wish within the law.
Others can't stop and will bet to win money (in the long term impossible) or prefer the high stakes, high thrills of betting enough to give losing some risk. That way leads to chasing your loses, financial problems and addiction imho.
Bookies will encourage you to bet. Betting is now easier than ever and I do think there is an implied element of "you can't lose, you can check out, you can get a free bet, etc etc when all betting with bookies results in the punter losing money.
All that is personal choice so if you don't like it don't bet with Bet365 or at all. But don't blame the bookie who you willingly hand your money to.
If I win I will be happy, if I lose it's only £5 which I'm lucky enough to be able to afford.
I wouldn't enjoy betting more, say £100, as while I could afford that the regret of the opportunity cost lost (what else I could have spent it on) is more than the thrill of the "will I win or not?".
That's me. Others will laugh at a £5 bet "wimp" bet. Fine, it's your money so spend it as you wish within the law.
Others can't stop and will bet to win money (in the long term impossible) or prefer the high stakes, high thrills of betting enough to give losing some risk. That way leads to chasing your loses, financial problems and addiction imho.
Bookies will encourage you to bet. Betting is now easier than ever and I do think there is an implied element of "you can't lose, you can check out, you can get a free bet, etc etc when all betting with bookies results in the punter losing money.
All that is personal choice so if you don't like it don't bet with Bet365 or at all. But don't blame the bookie who you willingly hand your money to.
That's the perfect summary really. Unfortunately thousands out there can't only bet what they can afford to lose. This is not the bookies fault, despite actively encouraging it. Nobody is putting a gun to their head and telling them to gamble I'm sure.
Personally I think the Law should change. The maximum bet law on FOBT that was passed should also be used online. Let's be honest, not many people are gambling sensibly when playing £100 hands on Blackjack or Roulette. There may be responsible gambling week but we all know bookies are doing that half-arsed.
Not going to keep posting on here, it's fairly obvious as I stated before I have a biased view for personal reasons. Just my opinion that something should be done.
Denise Coates is up there with JK Rowling as a great British success story. She did have the safety net of a multi millionaire Father BUT her insight into the betting markets all over the world and the gaps in on line betting gave her the opportunity to put her university degree to good use and became the most powerful business woman in England. Punters putting their 1 winning betting slip on line and not their myriad of losing slips are adding to the illusion of easy money to be made. Drink is enjoyable for many, but a killer drug to others. If you don't have discipline you can screw your life up by drink, drugs or gambling.
Denise Coates is not going to cut her nose off to spite her face, regulations on the proliferation of gambling advertising needs to be done ASAP because some folk are losing their jobs, families and houses over what should be a bit of fun.
Comments
Do as I say not as I do.
@Chippycafc why the gripe, even before @bobmunro replied its clear from press reports or the report and accounts that she draws a massive salary and pays a huge amount of tax. Whatever you may think about gambling shes clearly a very clever lady who has more than contributed to society both financially and otherwise. Dont believe the rhetoric that all rich/very wealthy business people are somehow fiddling society, in my experience that’s the exception rather than the rule. Definitely barking up the wrong tree with this lady.
However even stripping out the football club element you are still left with approx. 3,900 staff earning approx. £62k pa on average - whilst this obviously masks inevitably enormous disparities between the highest/lowest paid, as others have mentioned it's still relatively lucrative work in an otherwise relatively poor town (though plenty work elsewhere too eg Gibraltar, and will be higher paid on average).
With gambling, you can lose thousands in minutes. I agree with BR7 above, it has to be regulated. I used to be a match bettor and I was limited very swiftly by Bet365 and other bookmakers. They are quick to ban the winners and encourage the losers. They should also shoulder more responsibility regarding problem gamblers. Bookmakers could make money without destroying lives. The fact is they are making millions because thousands out there are betting their livelihoods away. I bet there's a shed load of people on here who regularly lose £5/10 a week.
I just personally find it difficult to praise a woman who makes her money from others downfall. I am not blaming her for these losses, but she certainly doesn't want them to stop does she.
The sum of the implied probabilities on every event will include a profit margin of at least 5-10% with a traditional bookie.
In a three horse race where each is perceived to have an equal chance of winning, they’ll be priced at say 7/4 not 2/1.
Since they close the accounts of anyone smarter than they are at assessing the initial probabilities, the chances of coming out ahead are de minimis and ultimately zero the more often you face the above embedded margins.
Also worth noting that the reason they encourage football punters to try accumulators is that the impact of those margins is compounded by each additional selection.
If I win I will be happy, if I lose it's only £5 which I'm lucky enough to be able to afford.
I wouldn't enjoy betting more, say £100, as while I could afford that the regret of the opportunity cost lost (what else I could have spent it on) is more than the thrill of the "will I win or not?".
That's me. Others will laugh at a £5 bet "wimp" bet. Fine, it's your money so spend it as you wish within the law.
Others can't stop and will bet to win money (in the long term impossible) or prefer the high stakes, high thrills of betting enough to give losing some risk. That way leads to chasing your loses, financial problems and addiction imho.
Bookies will encourage you to bet. Betting is now easier than ever and I do think there is an implied element of "you can't lose, you can check out, you can get a free bet, etc etc when all betting with bookies results in the punter losing money.
All that is personal choice so if you don't like it don't bet with Bet365 or at all. But don't blame the bookie who you willingly hand your money to.
Personally I think the Law should change. The maximum bet law on FOBT that was passed should also be used online. Let's be honest, not many people are gambling sensibly when playing £100 hands on Blackjack or Roulette. There may be responsible gambling week but we all know bookies are doing that half-arsed.
Not going to keep posting on here, it's fairly obvious as I stated before I have a biased view for personal reasons. Just my opinion that something should be done.
She did have the safety net of a multi millionaire Father BUT her insight into the betting markets all over the world and the gaps in on line betting gave her the opportunity to put her university degree to good use and became the most powerful business woman in England.
Punters putting their 1 winning betting slip on line and not their myriad of losing slips are adding to the illusion of easy money to be made.
Drink is enjoyable for many, but a killer drug to others. If you don't have discipline you can screw your life up by drink, drugs or gambling.
Denise Coates is not going to cut her nose off to spite her face, regulations on the proliferation of gambling advertising needs to be done ASAP because some folk are losing their jobs, families and houses over what should be a bit of fun.
They didn’t like the style of my betting so reduced my stakes to pennies .
If I get a Saturday morning boost it is a 50p maximum bet whatever the price!