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Vaughan's Substack

Vaughan Lewis

My personal Substack

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Substack
PricingOnly free issuesPublishesWeekly
Issues19Foundeda year agoLast Issue10 days ago
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Latest Issues

Nobody Makes a Book Any More

The response to my last piece, The Price of the Free Bet, was more generous than I expected, and more interesting. Some of the best replies came from people who disagreed with me, and one question kept coming back in different forms. As one...

10 days ago
11

The Price of the Free Bet

Earlier this year a punter in Massachusetts received a letter from DraftKings. The state now requires operators to tell customers when their accounts have been limited, so DraftKings did. It did not accuse him of fraud, bonus abuse or break...

17 days ago
12
4

Where the machine money goes: a blueprint for racing after the Budget

In the Racing Post this week I argued that a rise in Machine Games Duty would land on the betting shop rather than the arcade, and that racing would end up paying the bill. The political motivation for the rise is not hard to find. “Andy ha...

a month ago
4
1

Why Racing Needs Bookies

There is a story that has settled into British racing’s account of itself, and it goes roughly like this. Horse racing is a magnet. It has the history, the terrestrial coverage, the Saturday afternoons and the festivals that persuade people...

2 months ago
11
9

The Shops That Paid For Everything

I made the short version of this argument in EGR last week. This is the analysis underneath it, and it rests on three ideas:

  • Betting shops are fixed-cost businesses, not simply places that take bets.

  • Online taxes close shops throu...

3 months ago
8

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  • Vaughan Lewis

    Gambling policy. Horse racing. Occasional free tips that are worth every penny

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