TAB take out rates.

[Dockers 200]

Just wondering where I can find what percentage TAB takes out of each pool or any of you good people know. Just cant find it anyway. 

[100 1 1,386]

They hide them because they are too embarrassed to reveal them.

Down the bottom of the betting rules...sorry didn't format correctly

The Payout Rounding is down to the amount stated in the table. BET TYPE BETTING UNIT DIVIDEND UNIT STATUTORY DEDUCTION DIVIDEND, REFUND, RETURN ROUNDING PAYOUT ROUNDING % BETTING ? MINIMUM UNIT Win $1 $1 15.50% Nearest 10c Nearest 10c NO $1 Place $1 $1 15.50% Nearest 10c Nearest 10c NO $1 Quinella $1 $1 21.00% Nearest 10c Nearest 10c NO $1 Trifecta $1 $1 25.00% Nearest 10c Nearest 10c YES % First4 $1 $1 25.00% Nearest 10c Nearest 10c YES % Double $1 $1 25.00% Nearest 10c Nearest 10c NO $1 Double with concession $1 $1 25.00% Nearest 10c Nearest 10c NO $1 Treble $1 $1 25.00% Nearest 10c Nearest 10c YES % Quaddie $1 $1 26.00% Nearest 10c Nearest 10c YES % Pick 6 50c 50c 27.00% Nearest 10c Nearest 10c YES % Pick 6 with concession 50c 50c 26.00% Nearest 10c Nearest 10c YES % Place 6 $1 $1 27.00% Nearest 10c Nearest 10c YES % Sixpack 50c 50c 26.00% Nearest 10c Nearest 10c YES % Sixpack with concession 50c 50c 26.00% Nearest 10c Nearest 10c YES % TAB National Syndicate $1 $1 0.00% Nearest 10c Nearest 10c NO $1 Triple Trio with concession $1 $1 28.00% Nearest 10c Nearest 10c YES % Pick the Score $1 $1 25.00% Nearest 10c Nearest 10c NO $1 Pools $1 $1 32.50% Nearest 10c Nearest 10c NO 10c Pools with concession $1 $1 32.50% Nearest 10c Nearest 10c NO 10c Percentage betting minimum is the greater of $1, or 5c for each of the unique bet combinations purchase

 

[rdytdy 5,341]

 

As at 1 June 2016 it was (and I think it is still the same now):

 

Table 1 – NZRB Bet Types 
DOMESTIC NZ RACES - ALL CODES   BET TYPE NZRB TOR  Win  15.50% Place  15.50% Quinella 21.00% Trifecta 25.00% First4 25.00% Double  25.00% Double with concession 25.00% Treble 25.00% Quaddie 26.00% Pick 6 27.00% Pick 6 with concession 26.00% Place 6 27.00% Triple Trio with concession 28.00% Pick the Score 25.00% Pools 32.50% Pools with concession 32.50% 

 

[Dockers 200]

Cheers. Had no idea they were that big. 

[Baz (NZ) 1,722]

10 minutes ago, Dockers said:

Cheers. Had no idea they were that big. 

And they can still go broke!

[Patiti 274]

The problem is the profits, if any, on the fixed odds betting and the betting margins.

[Stables 577]

We asked for bookies and now they might be the ruin of racing

[Tauhei Notts 1,412]

I note that in rugby union, pick the score has a 32.5%  deduction.  I see on rugby union fixed odds bets that the book is set to a 5% deduction.  I think Pick The Score is a great competition but with that horrendous take out; it is not on.  What a pity those with the supposed intellectual grunt at the TAB destroyed Pick The Score betting.

I thought that quinella pools had a 16.5% takeout, so I surprised to see it is 21%.  I've seen a pub bookie pay out tote plus 10% on quinellas.  Silly me!!! The bastard could pay out tote odds plus 25% on quinellas and still have a margin.  Dumb me thought the parasite was being generous.  Not so.

[Houlahan's Dream 535]

Incredible that their % are so high but they are on the skids. Age old rule applies I suppose: it's not what you earn, its what you spend. 

[Huey 2,037]

1 hour ago, Houlahan's Dream said:

Incredible that their % are so high but they are on the skids. Age old rule applies I suppose: it's not what you earn, its what you spend. 

Not only that it obviously has an effect on turnover, i.e returns are less therefore stifles punting