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Bit Of A Yarn

Chief Stipe

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Chief Stipe last won the day on January 8

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  1. Ok. Never bothered to look at it before. Just started get ads for some reason. So what would stop the TAB getting a MGA license? Is the Government not going to allow ENTAIN to bid for a license?
  2. But don't existing NZ Casino's have online apps already?
  3. I'm not sure. I wish I had screen shot the advert. Can't find it again. But it was a casino slots app with a TAB logo. Got a feeling it was a scam using the TAB logo.
  4. I thought the NZ TAB weren't going to get a NZ online Casino license? I saw and advert for their Casino App today.
  5. That's not correct. Not half. The new organisation TABNZ with the approval of Government sold the sole license to operate wagering on racing and sports to ENTAIN. I've given up trying to explain that Fixed Odds increased turnover does not equal increased profit. For example if you were able to increase your turnover would you do so at a loss? You'd give up punting first or your family would seek help for you.
  6. I don't know how many times I need to explain this to you. Yes under the Tote system the odds are always in the TAB's favour as they clip the ticket of every bet at a fixed rate. BUT with Fixed Odds they are just another punter in the market and theoretically they could lose money on every race if they didn't set their prices right. Yes they price the market in their favour but that doesn't guarantee they won't make a loss.
  7. You assume that the jobs were real jobs. Cost efficiency only benefits the Industry. A shame this Government hasn't taken a bigger knife to slash the 15,000 extra Government employees employed under the last Government. The old TAB was run like a Government Agency and selling to ENTAIN was probably the only way to break that culture.
  8. In most jurisdictions that I know of it is legislated. Very few agencies if any will not have some limits. Bookies are not in the game to go broke.
  9. Increasing Turnover on Fixed Odds is not the answer. Increasing margin and profit is. What you are asking is for ENTAIN to increase Turnover by taking bigger bets at better odds but at the sure risk of losing money. How does Harness Racing win then?
  10. Please don't encourage him Murray at this time of the moon cycle.
  11. Who is the dominant one of the four? Self-interest drives most decision making and most of the time that is in the interests of all. Sometimes it isn't.
  12. Bullshit. You are winding me up. What do descrbie as "laying in"? Did the inside horse run out and take CBL's line or not?
  13. So in your opinion should have a Jockey have been questioned or was blaming the affected horse sufficienr?
  14. @curious Stewards vision is up. Now tell me what you think and if it is different to the Stewards view.
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