Brodie

Mikey, lol Entain/TAB treat everyone fairly! 😂 😂

Brodie has a big gambling problem Chief! They won’t let him on for much. With the $5k minimum fixed win now change of tactics 😂

TAB, chucking money at a losing cause is always going to end in tears HRNZ need to stop the folly that putting on races with big stakes is going to work! They race the wrong way around for a start, they have not got the interest in the harness racing for a variety of reasons. HRNZ in my humble opinion have not got the right people making the right decisions unfortunately. Anyone know what has happened to the Committee or was that just wind?

Not so much of the “very old” thankyou!

Chief, you know as well as I do that harness racing is not paying its way! All the Entain money is doing is giving a very false impression of the true state of play! Frankly it is a poor indictment on the once great industry and to be having the financial lifeline that was the Entain money, used the way it is just shows why the harness industry got it self in decline! Anyway We cant worry about the inevitable and just have to wait and see how long it can continue once the money has run out!

Chief, they are blowing money left right and centre from stakes, bonuses, and other poorly thought out implementations! They are losing any opportunity to increase turnover and get new participants into harness racing. They restrict punters that win and lose by adopting amounts that are pathetically low. They put up odds as they think they should be at and then decide that no we don’t want punters wagering on them! It is biting them in the proverbial!

They lose the promotion of racing by losing those that are the bigger punters. No one races a horse for the stake money as an investment. The returns are just not there nowadays that is why syndicates are increasing in numbers. Turnover increase and profit would be greater if they actually like Bookies should. Put up the odds. Take the wager and make the profit from the increased turnover. When they take a wager and slash the fixed odds all they are doing is restricting turnover greatly as they don’t get anyone wagering on that horse again in sufficient amounts. Hugely detrimental to the industry as serious punters are lost from punting and racing horses.

Tote pools are just not worth the effort for any serious punter that wants to win! Industry is in serious trouble with the risk averse policy that the TAB Bookies have adopted. Just not going to work but then again it is all about toiled to them rather than turnover and profit. Unfortunately their policy has a bigger negative flow on for attracting any new owners and punters to harness racing. Gammalite keeps saying that it is wealthy men subsidising harness racing in several states in Oz. There is no one in NZ that is stupid enough to fund TAB shortfall so if they don’t change their policy then things will be dire.

One of the TAB’s in Oz?

Without knowing the full details of the deal, It would appear that Entain will do quite nicely out of it! 900million is a drop in the bucket for a big gambling outfit and they were given a 25 years term which would be unheard of in any commercial business deal! Who is to say that once the 5 years is up they dont flog it off to another gambling agency for a massive profit as we are not privy to any real details. Still maintain that we wouldve been far better to have done a deal with someone other than a sports and gambling outfit as racing is not their thing.

The deal with Entain shoudve been negotiated by people who knew what they were doing for the future success of racing in NZ! We do not know the full details of the deal but by going on what is currently happening you just could not have any faith that they had too many clues! The 900million couldve and shouldve been invested in assets that gave a good return year in and year out for racing to continue to be current and exist! Blowing it on wasteful spending is just repugnant and is being done by people on big salaries at the expense of the ones paying for their expertise! $900m invested at 10%, and that is easily achieveable would return the industry $90million each and every year less some tax and still have the $900m!! Just absolute lunacy what they are doing for this once great industry in NZ. Anyone know what has happened to the Committee?

K all good for gallops then! Harness wont have enough the way they are going! Yes they are doing plenty wrong Chief, no business acumen coming out of HRNZ, All good if people think they are doing the right things to get harness through the next decade. Chief, would you be wanting them to be investing your hard earned for you? Not sure exactly how much of the $900m is going to harness but sure isnt being used wisely knowing that it js not a bottomless pit! Anyone know what has happened to the Committee?

Chief, still not sure why they need this fund when Brad Steele stated that everything was going well with the harness industry, on Trackside a few weeks ago? Was this not the truth coming from Brad Steele? Personally can not understand how HRNZ the controlling body for harness racing in NZ is being allowed to stuff the industry with its financial mismanagement of the funds being received from Entain and the betting public? If anyone believes that what HRNZ is doing currently makes any sense, then Brodie says they have absolutely no business acumen! You can not run any business the way they are and expect to succeed, end of story! Anyone know where the Committee has got to?

I dont get what $10m is going to be used for? Entain are chucking in 900m over 5 years so 90 times the $10m? Surely it would make more sense to actually treat the $900m with better respect and not run the industry into the ground in the first place? Strange way of thinking from those that are supposedly in charge?

Entain bought the NZ TAB so they could get the profits from Gambling Online and Sports betting! They have no interest in racing in NZ at all. Maybe that is why Dean Shannon got the DCM? You may think they were here to help out racing in NZ, I wouldnt be betting on that at any odds and time will in my humble opinion will give us the answer. They started out ok but have gradually shown their colours! If they actually did care about racing they wouldve challenged HRNZ as to the way they were spending the dollars granted by Entain so far! Anyway time will certainly tell.

Lol the Ozzies are damned good at using the persuader more than the Kiwis!

The truth of the matter is we do not know what is in the agreement between the NZ TAB and Entain! The TAB went on this nationwide PR exercise saying how things are now rosey for racing in NZ with Entain on board! Hopefully it is, but from where I am currently sitting I believe that it is not looking at all flash for harness racing in the next 5 years! HRNZ have put a band aid on a festering sore and then come out with BS about how things are going? At the end of the day most if us know why Entain bought into the TAB and some not all will have their eyes opened big time in under 3 years if not before! Foes anyone know shat has happened to the COMMITTEE that was meant to be happening ?

Fair enough but we sill pay in the next 2 to 3 years! Sports and online gambling is where it is at, and they know it! Wasting the $ like a kid in a lollipop shop from our leadership is actually a kick in the guts to our once great harness industry, Chief!

Wouldnt think Addington would close? They will be making good money from the businesses out the back, that should keep them afloat! It is the wasteful expenditure of HRNZ that is a major concern to anyone with sny business acumen! Unfortunately it certainly appears that currently it is sadly lacking at HRNZ and I challenge anyone to post on here the financial business successes that gives us confidence in them? Banking institutions do not count as anyone can run a Bank, no necessary skills required!

Gamma, the thing is, it is totally different in the case of the Entain money! Entain have not promised the $900m to support or sponsor racing in NZ! It was purely the carrot that was dangled by them to enable them to get access to the profits from online gambling and sports betting for 25 years! The TAB and McAnulty were sucked into it hook line and sinker, and we will pay unfortunately. Do you really believe that Entain really gives a rats about racing in NZ. You mention about Entain saying how much spent each year, well it shouldve been negotiated far better by the NZ TAB! Entain knew what they were doing, they are a ruthless gambling business just like the other ones around the world. They are no ones mate and we will be seeing this, it is about making a good return for its shareholders, so they take no prisoners.

Agree to disagree Gamma! Lol They are only able to put up the current stake money due to Entain and that is going to stop! Personally do not think they have administered harness racing at all well, but at the end of the day hopefully you are right and more than happy to be proven wrong in 2 years. To my mind They should have slowly implemented stake rises this way all the money would not have been blown . Anyway good that we can have a healthy debate about things. What would be good is if Mathew Peden or Brad Steele who represent HRNZ would come on BOAY and reassure us all that things are going along nicely!

Cambridge cancellation due to shortage of numbers. Harness need to realise that until HRNZ realise that they need to be running harness racing as a business things are going to continue to falter! Brad Steele stating on Trackside a few weeks ago that things are going well just shows us all just how poorly they are performing. The only reason things have held up is due to the constant stream of money that was promised racing and this is going to end. Racing for $8k is probably what a lot of the meetings will be once Entain pot of gold comes to an end. reality is that HRNZ have acted very irresponsibly with the money they have been given

Serious punters dont bet into tote pools, fixed odds if they are still allowed to wager what they want? The TAB doesnt want all punters, only ones that are wagering every race and the ones that are going to lose mostly! Flawed business plan as it has a big flow on effect that is damaging the industry.

KFC not good for the cholesterol nowadays. Want to keep the body as a temple!

Desert Dancer was having its first start but in my opinion Midnight Diamond hadnt shown much in a very long time with Robbie Holmes! Whatever Ross Houghton has done has improved it a lot!