[Australian Fixed Odds for Races Tomorrow]

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…

[Australian Fixed Odds for Races Tomorrow]

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!

[TAB what is the big announcement coming???]

10 hours ago, Alf Riston said:

It's all getting too confusing for this wee brain, but if 500 million is spent with online Casinos, that leaves 150 million 'racing related' spend going offshore. Whilst it's a significant sum, on a percentage basis of Total racing turnover, when broken down into what will actually benefit racing directly, I would hardly think it's a lifesaving amount.

I probably should throw in a few 'stakeholders' and 'underpins' to make my point seem more important .....   

I'm not against Geo-blocking as such (it won't affect me at all), I just think it's a soft kill being oversold by the TAB corporates.

Also, a fair amount of talk about putting money back into 'responsible betting activities', or however it termed. Putting gaming machines in TAB's is ANTI responsible and that just smacks of 'feel good speak' to cover 'the job' those machines are doing.

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]

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.

1. 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.

[KM COMP sat 26th Jan]

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!

[Magic Millions Comp Saturday 12th Jan Entries Thread.]

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!

[Fantastic Fiji Group One Superstar of Spring Comp - Round 7 - Sat Oct 20- entries here]

Caulfield R8 - 18, 3, 9

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 18 - Sat Oct 20]

1. Rotorua R5 - 12

2. Caulfield R3 - 8

3. Ashburton R7 - 8

4. Rotorua R7 - 8

5. Caulfield R5 - 8

6. Caulfield R6 - 12

7. Caulfield R7 - 7

8. Randwick R7 - 6

9. Caulfield R8 - 3

10. Caulfield R9 - 8

11. Caulfield R10 - 2

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 16 - Sat Oct 13]

1. Caulfield R3 - 9

2. Matamata R6 -  2

3. Caulfield R4 - 4

4. Caulfield R5 - 4

5. Hawera R8 - 7

6. Caulfield R6 - 9

7. Randwick R6 - 2

8. Caulfield R7 - 6

9. Randwick R7 - 12

10. Caulfield R8 - 11

11. Randwick R8 - 7

12. Caulfield R9 - 7

13. Caulfield R10 - 12

[Fantastic Fiji Group One Superstar of Spring Comp - Round 6 - Sat Oct 13- entries here]

1. Caulfield R6 - 5, 1, 11

2. Caulfield R7 - 5, 11, 12

3. Randwick R7 - 10, 4, 12

4. Caulfield R8 - 1, 2, 11

5. Caulfield R9 - 2, 15, 8

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 12 SUNDAY SEP 23]

1. Pukekohe R7  - 4

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 11 - Sat Sep 22]

1. Hastings R5 - 4

2. Rosehill R3 - 1

3. Rosehill R4 - 9

4. Riccarton R9 -  5

5. Hastings R8 - 2

6. Rosehill R5 - 7

7. Rosehill R6 - 10

8. Rosehill R7 - 4

9. Caulfield R7 - 10

10. Caulfield R8 - 12

11. Caulfield R9 - 2

[Fantastic Fiji Group One Superstar of Spring Comp - Round 3 Saturday Sep 22- entries here]

1. Hastings R8 - 4.28pm - 1, 2, 11

2. Rosehill R7 - 5.50pm - 4, 5, 11

3. Caulfield R8 - 6.50pm - 7, 12, 16

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 10 - Sat Sep 15]

1. Awapuni R7 - 8

2. Randwick R4 - 7

3. Ruakaka R7 - 8

4. Randwick R5 - 10

5. Flemington R5 - 7

6. Randwick R6 - 2

7. Flemington R6 - 8

8. Randwick R7 - 8

9. Flemington R7 - 10

10. Randwick R8 - 12

11. Flemington R8 - 6

[Fantastic Fiji Group One Superstar of Spring Comp - Round 2 Saturday Sep 15 - entries here]

1. Randwick R6 - 1,4,6

2. Flemington R7 - 9,10,11

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 9 - Fri Sep 14]

1. Newcastle R5 # 8

2. Newcastle R6 # 12

3. Newcastle R7 # 1

4. Newcastle R8 # 10

Thanks

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 8 - Sun Sep 9]

1. Te Aroha R4 - 9

2. Te Aroha R7 - 3

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 7 - Sat Sep 8]

1. Wanganui R4 - 12

2. Rosehill R4 - 6

3. Wanganui R7 - 7

4. Rosehill R5 - 8

5. Moonee Valley R5 - 7

6. Rosehill R6 - 3

7. Rosehill R7 - 6

8. Moonee Valley R8 - 10

Thanks!

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 6 Sat Sep 1]

1. Hastings R5 - 10

2. Hastings R7 - 17

3. Randwick R5 - 1

4. Randwick R6 - 1

5. Caulfield R6 - 8

6. Randwick R7 - 15

7. Caulfield R7 - 3

8. Randwick R8 - 7

9. Caulfield R8 - 7

10. Caulfield R9 - 5

Thanks

[Fantastic Fiji Group One Superstar of Spring Comp Round 1 Sat Sep 1 entries thread]

1. Hastings R7 - 4, 16, 17

2. Caulfield R7 - 1, 3, 4

Many thanks for the comp!

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 5 Sat Aug 25]

1. Te Aroha R7 - 5

2. Rosehill R5 - 8

3. Rosehill R6 - 8

4. Rosehill R7 - 8

Thanks

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 4 Sat Aug 18]

1. Te Rapa R6 #6

2. Randwick R4 #3

3. Randwick R5 #7

4. Caulfield R5 #6

5. Randwick R6 #10

6. Caulfield R6 #10

7. Randwick R7 #7

8. Caulfield R7 #2

9. Randwick R8 #1

10. Morphettville R7 #1

Thanks

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 3 Sat Aug 11]

Riccarton R6 # 7

Flemington R7 # 7

Thanks

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread Round 2 Wed Aug 8]

R8: #2

Thanks

[Spring Stakes Supremo Comp ($1000 prizemoney) entry thread]

Riccarton R8: #18

 

Randwick R7: #2

 

Thanks for the comp!