The Ones making the decisions arent really that business savvy!
The tote turnover figures are grossly inflated due to all of this bonus bets and bonus cash otherwise the tote pools are shockingly lower than years ago.
Of course there is more punters that bet final fields nowadays but these final field turnover numbers are significantly lower than they could be.
The way the Bookies operate is very amateurish with restrictions, non allowance of punters on options and low amounts accepted on early wagering, as well as odds being slashed far too much.
They do not want to increase turnover at all despite what they state or they would not be operating the way they do!!
I don't think so. Not in well regulated markets like Polymarket. I don't really see the difference. If Entain have found 200 operators still taking racing and sports bets from NZ resident customers, then there are obviously considerable compliance challenges with the legislation that we have here too.
You only read the bits that you agree with. How do you offer better odds when your margins are tighter than the free loading competitors?
People are punting on the product YOU provide at YOUR cost through bookies that contribute nothing to the stakes you are racing for. But then I guess racing horses is just a hobby for you.