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Bit Of A Yarn

Minimum bet policy expanded in Australia for Victoria markets


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Brodie lets hope this policy gets some momentum for New Zealand as well.

Entain get your act together and do the same or better for NZ Punters.

From today, all approved off-course Australian wagering service providers will have a broader range of requirements when offering Victorian harness racing markets.

Having previously been required to stand to lose $1000 on Victorian metropolitan meetings win bets and $500 on Victorian country meetings win bets, the policy has been beefed up to include further requirements for wagering service providers.

They are:

  • $2000 win and $800 place minimum bet limits for all Group 1 races
  • $1000 win and $400 place minimum bet limits for metropolitan races
  • $500 wins and $200 place minimum bet limits for non-metropolitan races

Harness Racing Victoria Chief Commercial Officer Glenn Lee said HRV wanted to ensure punters were given “a fair go”.

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Posted (edited)
46 minutes ago, Nowornever said:

Brodie lets hope this policy gets some momentum for New Zealand as well.

Entain get your act together and do the same or better for NZ Punters.

From today, all approved off-course Australian wagering service providers will have a broader range of requirements when offering Victorian harness racing markets.

Having previously been required to stand to lose $1000 on Victorian metropolitan meetings win bets and $500 on Victorian country meetings win bets, the policy has been beefed up to include further requirements for wagering service providers.

They are:

  • $2000 win and $800 place minimum bet limits for all Group 1 races
  • $1000 win and $400 place minimum bet limits for metropolitan races
  • $500 wins and $200 place minimum bet limits for non-metropolitan races

Harness Racing Victoria Chief Commercial Officer Glenn Lee said HRV wanted to ensure punters were given “a fair go”.

They are still very very  low amounts arent they?

$200 place minimum bet limit  for a meeting away from Addington is hardly life changing!

Edited by Brodie
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35 minutes ago, Brodie said:

They are still very very  low amounts arent they?

$200 place minimum bet limit  for a meeting away from Addington is hardly life changing!

Would be enough for you to clear $5k a country meeting.

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I read that and thought it meant the minimum amount a punter had to bet.

It would actually be interesting to compare the average bet back in about 1980 with the average bet today.

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4 hours ago, Brodie said:

They are still very very  low amounts arent they?

$200 place minimum bet limit  for a meeting away from Addington is hardly life changing!

Well its more than I can get on at the moment.

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