RaceCafe..#1...Tipsters Thread.... Share Your Fancies For Fun...Lets See Who The Best Tipsters Here Are.
lecithin
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Everything posted by lecithin
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This post seems to have woken them up and they are opening them now - still too late and not sure why the Helpdesk couldn’t have passed on the message when I called them earlier…
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Wanted to have a couple of bets on races tomorrow in Australia and none of the meetings have fixed odds open with the TAB. Called the helpdesk and was told there is nothing they can do - I asked them to email the bookies and they wouldn't. This lack of service and unhelpful behavior needs to be recorded so when they try and convince the Government to bring in geo-blocking there is evidence that they do not provide an adequate service so punters are forced to rely on overseas bookies. If geo-blocking was implemented it wouldn't be long and we'd be back to the days where fixed odds opened 20 minutes before the race!
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TAB what is the big announcement coming???
lecithin replied to scooby3051's topic in Thoroughbred Cafe
Exactly right and also of the $150M racing related offshore turnover a high percentage would be sharp/price sensitive punters that are taking offshore prices because they are better value than the TAB's odds, so it's incorrect to assume geo-blocking would result in this $150M all just being bet via the TAB. I'd be surprised if one third came back to the TAB, so maybe $50M which might result in $5M extra profit, but that needs to be offset against the race field fees that the $150M is already generating, so the benefits would seem to be marginal at best. -
DEAN MCKENZIE RITA QUESTIONS AND ANSWERS
lecithin replied to scooby3051's topic in Thoroughbred Cafe
Clearly something needs to be done to increase turnover and revenue. One way to increase turnover would be to require the TAB to accept bets from all customers to lose say $3,000 per bet (similar to Australian minimum bet rules). I appreciate that increased turnover doesn't guarantee increased revenue, but my understanding from the Australian states where minimum bet rules have been introduced, is that it has increased revenue to the industry. Furthermore, most restricted punters have had these restrictions in place from when the old TAB platform was in operation. The main reason given in the past for most restrictions was that punters were able to beat the TAB when fixed odds prices changed, due to the TAB having to manually set odds. The new TAB fixed odds platform has eliminated this issue so there should be no reason for many of the restrictions. So my question is - why don't you require the TAB to accept fixed odds bets from all customers to lose $3,000 per bet to see if this would have a beneficial impact on revenue? This could be implemented over night and monitored closely to see what impact it had on turnover (which would certainly increase) but more importantly revenue. Leicthin The TAB’s approach is in line with standard bookmaking practices and RITA does impose betting restrictions on a small number of customers, whilst we don't have a minimum ‘bet to lose amount’, by international standards are limits are generous, particularly on race day. -
Race 1 5:19 pm 3 Race 2 5.55pm 4 Q:2 Race 3 6.33pm 1 Race 4 7.13pm 2 Race 5 7.48pm 17 BB Thanks for the comp!
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Magic Millions Comp Saturday 12th Jan Entries Thread.
lecithin replied to scooby3051's topic in Thoroughbred Cafe
Race 1 2.40 pm Race 1 Gold Coast #12 Race 2 3.15pm Race 2 Gold Coast #11 Race 3 3.42pm Race 6 Trentham #1 Race 4 3.50pm Race 3 Gold Coast #7 Race 5 4.17pm Race 7 Trentham #1 Race 6 4.25pm Race 4 Gold Coast #4 Race 7 4.52pm Race 8 Trentham #2 Race 8 5.00pm Race 5 Gold Coast #3 Race 9 5.35pm Race 6 Gold Coast #1 BB Race 10 6.15pm Race 7 Gold Coast #8 Race 11 7.00pm Race 8 Gold Coast #4 Race 12 Race 9 Gold Coast #5 Thanks for the comp! -
Spring Stakes Supremo Comp ($1000 prizemoney) entry thread
lecithin replied to Peter Jenkins's topic in Thoroughbred Cafe
Riccarton R8: #18 Randwick R7: #2 Thanks for the comp!