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I don't think anyone is duping me gamma. i'm of the understanding that when bookies suffer big losses on runners on the ff book ,e.g.moonlite blood ,that means they will most likely have suffered a loss on that race.And if you have a run of well backed ff favorites winning at a meeting,that means the bookies will not be generating much of a profit,if any on the races where well backed favorites win. so theoretically,hrnz may have put on a race meeting,pay out x amount in stakes,expecting to receive x amount of funding from the tab for that meeting,but end up getting next to nothing,because of how the profit/loss ff betting turned out,no matter what the turnover figure. Of course i realise the bookies will turn a profit in the end,but that profit varies and that impacts the amount hrnz receive from the tab for funding. Thats how i understand ff betting/funding from, works. -
By Murray Fish · Posted
it starts at the 26.50 mark -
By Nowornever · Posted
Big businesses prioritize the interest of shareholders unfortunately and that revolves around maximizing profit. Banks are a prime example. They could choose to not make as much money as they do, but instead choose to screw over customers in the pursuit of more profits. -
They are too obsessed with the damn yield! Do the successful big retail business worry about yield as much as turnover? They want turnover snd that is what drives successful business, you get people coming to your business and you make profit! Without enough people coming to your business then you wont make profit! Many of the successful businesses have loss leaders but that is why they get people to their business as they make money on all the other bits! Just as the TAB should be acting! Continue to drive punters away and u have no business, end of story -
By Wandering Eyes · Posted
Emerging filly Levakia (NZ) (Proisir) has given Curraghmore further cause for celebration. The Ken and Bev Kelso-trained three-year-old struck for the second time from a handful of starts when she won the Winter Championship Final (1600m) at Ruakaka last Saturday. The Proisir filly’s success followed the good time enjoyed by Curraghmore at New Zealand Bloodstock’s National Weanling Sale at Karaka. They ended the auction as the leading vendor by aggregate with eight youngsters sold for $465,000 and a top price of $120,000 for a colt by Sword Of State who was knocked down to Kaha Nui Farm. He is a half-brother to the Gr.3 Easter Cup (2000m) winner Torranzino. Levakia was bred by Gordon Cunningham’s Waikato operation and sold to Ancroft Stud for $105,000 at New Zealand Bloodstock’s National Online Yearling Sale. “She was a filly that we always liked, she was a progressive type but didn’t have the maturity to be a January sales yearling,” Cunningham said. “She was a filly that had plenty of quality but needed that extra time. “She has obviously showed good ability from the get-go for her owners, they have been very patient and all going well she will continue to reward them in the next 12 months and more.” Levakia is out of the unraced Rip Van Winkle mare Rose’s Girl, who produced a colt by Sword Of State last season. “I’ve got a big opinion of him and he’ll either go to Karaka in January or the breeze-up sale,” Cunningham said. “The mare is back in foal to Proisir on the strength of the promise that Levakia showed. “We bred Rose’s Girl and she’s from the one of the very best Waikato Stud families. “Levakia is a little bit distant from the real depth in the pedigree and hopefully she can put this branch of the family back on the map.” It features the Australasian and European Group One winner and late sire Starcraft (NZ) (Soviet Star), whose half-sister Forum Floozie was a stakes winner and finished runner-up in an edition of the Gr.1 Coolmore Classic (1500m). Their dam Flying Floozie was a three-time New Zealand Broodmare of the Year while this season’s Gr.2 Waikato Guineas (2000m) and Gr.3 Wellington Stakes (1600m) winner Tuxedo (NZ) (Tivaci) is also a family member. View the full article
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