TAB accepts $40k bet on Telfer horse?

[PeterLambFan]

13 hours ago, Brodie said:

So the TAB is prepared to take a liability of $100k on one horse and yet stop other punters from being able to wager on other horses?

Totally flawed business plan and is backfiring on them.

Time the Committee came out with what they have been discussing or has it not met as yet??

I got sent a text about boosted odds for the horse in question. So I am wondering if it was a number of bets totally roughly $100,000 rather than one large bet of $100,000. 

[Gammalite]

4 hours ago, Brodie said:

Gamma, does seem a bit hard to believe some of these big bets that they say with just how risk averse they are to other punters.

They restrict some punters bets to netting $200 or $300 and yet they try to suggest that they are taking these large bets from others?

Brodie , you often talk like you don't know how casino's and Bookies trade with their clients ??

Of course they take Large Bets . From their KNOWN customers. 

Customers that support them with fairly regular bets ,(so the house has a chance to make money too) often get rewards with special leeway. Casino's even have rooms for their favourite customers, set -up with their favourite things. It's a case of looking after the folk who might chip in a million each visit when feeling Desparate lol. 

You've seen it in NZ heaps of times with the 'BOYS Get PAID' syndicates.  at the horses. They get bets on that others can't , because they're INTO ENtertainment as Well . for their customers. Everyone wins with a bit of Fun , even if some of the bets are losing. doesn't matter to BGP, as 'the House' needs to win too sometimes. 

Brodster, You Only want to take their Money. Not interested in the entertainment or fun factor . Not connected to any of the runners. nothing.  So you are NOT a favoured customer old mate (sadly) Maybe you should change your ways ? and become a 'favoured customer' ? Instead of an old age Grizzley lol 😁  Start up your own Boys Get Paid. and advance yourself in retirement to 'the Brodster Gets Paid '.😅🤣

COMPUTER safeguards are in place for Bookmaker Telephone/on-line Customers. If they Win Big TWICE in a row , then a limit is placed for a certain timeframe and amount thereafter. Sometimes it's a VERY small one i'm told . There are plenty of safeguards in place , that usually work to STOP the punter LOSING BIG amounts. which is more often the case than WINNING Big amounts. 

So LIMITS/and or Restrictions are an excellent thing whether be 'daily' or by 'amount spent' for Single entities , to save the customer thousands on occasion when they are 'Desparate' . (Desparate has quite a few Meanings as far as betting goes,  so you just have to work that out for yourselves 😋🤣)

 

[Rangatira]

54 minutes ago, Gammalite said:

Brodster, You Only want to take their Money.

But doesn't need it.