cheesebeast
16-04-2005, 19:59
Hi.
I am an Australian punter who is interested in Japanese racing. I was hoping someone might be able to explain how the betting deductions work in Japan. It looks like a 20% deduction for win and place bets and a 25% deduction for other bets. A friend told me that there is also a tax on winning bets which is applied to account holders. Could someone please clarify this for me?
Thanks
Jim Tyrrell
I am an Australian punter who is interested in Japanese racing. I was hoping someone might be able to explain how the betting deductions work in Japan. It looks like a 20% deduction for win and place bets and a 25% deduction for other bets. A friend told me that there is also a tax on winning bets which is applied to account holders. Could someone please clarify this for me?
Thanks
Jim Tyrrell