Yep, for that small inconsequential period. I thought the TAB was a going concern. And over a year, if you keep taking more from other punters, you seem to think they'll just continue fronting up with the money.
That's naive. The annual report will tell you it doesn't happen.
Next you'll be telling me that if I bet $10 million on the tote this year, the TAB gross profit is going to go up by $1.5 million, even if I turned that $10 million into $10.5 million.
Now that is funny.
By the way, when I said you were wrong, that was in regard to saying that taking 15% of a pool is the same as saying that you have contributed 15% to the TAB revenue from your bet. It isn't a confidence thing. It's a fact. That is not correct. If you can't understand the difference, there is little point having further discussion on it.
If you are right, please show me where it states the TAB is deducting the takeout from my bet.