Monday, 31 December 2012

No Bradford's gambler's aren't spending £400 million


They really aren't.

So the gamblers are putting " estimated £392,690,480" into fixed odds gaming machines. However, only £12 million is going to the bookies. That's about 3% of that amount which means that the remaining £380 million is paid out in winnings. Which represents about £25 per Bradfordian.

When will journalists learn maths?


1 comment:

SadButMadLad said...

The figures don't pass the sniff test for me. £392m from 371 machines. Just over £1m/machine/year. That's a lot of money going into the machines, even if a lot is coming out too.