Mathis lost his father a former heavyweight contender in September
Mathis lost his father, a former heavyweight contender, in September. “Knowing he had faith in me is an inspiration,” Mathis added.Trouble is that in boxing, as in most things, talent usually asserts itself. Nobody, probably not even Mathis himself, believes Tyson is in peril of again being temporarily separated from his senses. So where is the 25-year-old from Grand Rapids, Michigan, going? “I want to get to Mike in the later rounds,” he said.Mathis looks determined but slightly uncertain. “That’s boxing for you,” Mathis could be heard saying this week.
Then there is motivation. Nobody ever got laid out by coincidence, but in the circumstances Mathis finds it comforting His first name, for example. The only blemish on Tyson’s ring record, a sensational defeat in Tokyo six years ago, was put there by James “Buster” Douglas as a 42-1 underdog.
When confronted with the widespread notion that he is not expected to provide Mike Tyson with more than just a few minutes of amusement at the Spectrum in Philadelphia on Saturday night, Buster Mathis Jnr draws attention to coincidence. The layers seems to be supported in this view by the Levy Board, which supervises the collection and distribution of the Levy, but Ricketts is expected to tell a racing industry forum today that, except for a little tinkering with the early-season evening programme, the 1996 fixture list will go ahead as planned.. Since the Levy is payable on turnover rather than a punter’s actual “spend”, any cut in deductions should provide a little extra money for racing.The bookmakers may have won the battle of the one per cent, but another issue has apparently been resolved less successfully for the layers. Tracks, by contrast, cannot get enough of these fixtures which, particularly in high summer, all but guarantee huge attendances. The increasing practice of tracks seeking to move fixtures from afternoons to evenings or Sundays has prompted complaints from bookies that turnover was being hit. The 1996 fixture list, criticised by bookies for being “punter-unfriendly”, seems unlikely to be subject to any major changes.Off-course bookies do not much care for evening or Sunday meetings, which attract few backers into shops.
Average punters can expect a return of around 80 per cent on their overall betting, but since winnings are usually recycled, it will require several bets in order to actually lose – or in the bookies’ telling phrase, “bet to extinction” – any given sum.Thus the betting to extinction of pounds 10 may generate, say, pounds 45 of actual turnover, but a reduction in the betting tax, giving the punter a little extra to play with, might then be expected to generate perhaps pounds 47 worth of turnover. This, however, is to misunderstand the difference between betting and turnover. The arithmetic is complicated and the exact figure will depend on such factors as how many punters pay their tax up front, but racing will surely demand a reasonable share.Some punters see little reason why a small cut in betting deductions – tax on a pounds 10 bet will now be 90p instead of pounds 1 – should stimulate betting turnover significantly. All that now remains to be haggled over is a sum estimated at between pounds 5m and pounds 8m, which should be available even after the cut to a nine per cent deduction has been implemented. The turf’s administrators, led by Ricketts, the chief executive of the British Horseracing Board, swiftly let it be known that they anticipated a direct increase in prize money, paid for by higher Levy payments which bookies collect from punters.
The bookies, however, argued that a cut in deductions would stimulate turnover to the benefit of all sectors of the industry, and their view seems, crucially, to have been supported by the government. The cut in betting duty announced in last month’s budget is now expected to be passed on to punters via a reduction in betting “tax” from 10 to nine per cent, a significant success both for those who place bets and those who lay them.

September 6, 2010 in General
September 6, 2010 in General
September 6, 2010 in General
September 6, 2010 in General
September 6, 2010 in General