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By Nowornever · Posted
Yes they want more turnover but if that turnover comes at the expense of a lower yield then no they do not want that. If the TAB turns over $1 billion at a 20% yield, its gross profit is $200 million. Now remove restrictions. Turnover lifts to $1.4 billion, but with smarter money in play the yield drops to 13%. That produces a gross profit of $182 million. So despite an extra $400 million in turnover, the TAB actually makes around $18 million less. That’s why TAB operators obsess over yield, not just turnover and why lifting restrictions isn’t automatically the answer to lifting turnover. -
Gamma, forums are for discussion and to be fair the ones you mentioned are far from perfect! Every comment from Brodie is made with the sole purpose of improving harness racing so that it can continue in the future! I do not believe that we should be accepting of mediocrity if racing is to continue! -
The point I was making was that in the past we have seen a lot of stake money put up, and the usual line you see on social media is, they could have put up half that amount and still got the same field. Well this time, I don't think that applies. Good money attracting good fields. The only exception being the Railway, where the first 5 from the Telegraph are absent, which is disappointing -
I doubt the amount of rain forecast will have much effect on that track, certainly no worse than a slow 5 or 6. -
The biggest thing the TAB is doing wrong if they are looking at increasing turnover is RESTRICTING THE AMOUNT THAT PUNTERS ARE ABLE TO WAGER!!!!!!!K TAB, if you want better turnover, ALLOW PUNTERS TO WAGER!!! Geez, it is such a stupid policy they operate under. Someone has a bet that I do not consider large and they slash the crap out of the fixed odd so that no one else bets on it? They just do not seem to have the business smarts! It is going to get worse for them unless they have someone who knows how to operate a successful business!
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