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By Nowornever · Posted
No winning punters are getting any decent sized bets on. Put as much on as you like if you are considered no threat to their bottom line. -
If you want to dig out my and others' social media posts from the beginning of this century warning of the impending disaster the detailed financial figures are there. -
Sorry, I don't have time to do that in any great detail. If you want it, you'll have to do it yourself but here's a quick AI summary of the timeline and deterioration with centralisation and bulk funding. Summary ✔️ Pre‑1951: Clubs ran racing and funded themselves from on‑course wagering. ✔️ 1951–2003 (TAB era): Nationalised wagering grew, funding increasingly centralised. ✔️ 2003: NZ Racing Board created — full centralised funding and governance model began.
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By Chief Stipe · Posted
I gather you and @curious don't understand track funding Both of you are so wrong it is laughable. @curious show us all in financial numbers when Racing paid its way. -
By Chief Stipe · Posted
You miss the point as always. If you win backing winners on NZ races (a remote possibility) with overseas book makers then your conscious will force you to put some of your winnings back into NZ Racing.
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