TAB Bet Deposit Match?

[Newmarket]

Well, 

Anyone still getting these offers? Since I can’t use Aussie accounts, these offeres have stopped, used to get a few of them. Was always gonna happen, still not betting with them. 

[Chief Stipe]

4 hours ago, Newmarket said:

Well, 

Anyone still getting these offers? Since I can’t use Aussie accounts, these offeres have stopped, used to get a few of them. Was always gonna happen, still not betting with them. 

Friends of mine have been getting them still.  Not sure why you need frequent "buy a loaf of bread and get one free" offers to bet.  

[Muzza]

12 minutes ago, Chief Stipe said:

Friends of mine have been getting them still.  Not sure why you need frequent "buy a loaf of bread and get one free" offers to bet.  

What do you not understand in that??? 

[Nowornever]

If you have money in your account you are likely not going to get many deposit matches. If your account is empty after a period of time they will encourage you to top it up and use it again by giving you a deposit match.

Don't make any money with the bonus cash though they will restrict your account pretty quick and stop giving you free money if you turn a profit too often with their free money.

[curious]

4 minutes ago, Nowornever said:

If you have money in your account you are likely not going to get many deposit matches. If your account is empty after a period of time they will encourage you to top it up and use it again by giving you a deposit match.

Don't make any money with the bonus cash though they will restrict your account pretty quick and stop giving you free money if you turn a profit too often with their free money.

Seems like a sensible strategy for that business.

[Chief Stipe]

19 minutes ago, Muzza said:

What do you not understand in that??? 

All of it.  Why give free bread to those that can afford it.

[Chief Stipe]

11 minutes ago, Nowornever said:

If you have money in your account you are likely not going to get many deposit matches. If your account is empty after a period of time they will encourage you to top it up and use it again by giving you a deposit match.

Don't make any money with the bonus cash though they will restrict your account pretty quick and stop giving you free money if you turn a profit too often with their free money.

Fair enough.

[Shab]

12 hours ago, Newmarket said:

still not betting with them.

Same and don't intend to start. Their odds are just rubbish.

[Rangatira]

20 hours ago, Chief Stipe said:

Friends of mine have been getting them still.  Not sure why you need frequent "buy a loaf of bread and get one free" offers to bet.  

I am no longer eligible for them having made a pig of myself thereby enabling myself to be firmly in "the black"

Edited yesterday at 01:19 AM by Rangatira

[Chief Stipe]

18 minutes ago, Rangatira said:

I am no longer eligible for them having made a pig of myself thereby enabling myself to be firmly in "the black"

The way I see it the only reason some punters want multiple agency options is so they can shop around for the best free lunch.

You cant sell butter as a loss leader forever unless they are gouging you somewhere else.

[Rangatira]

Just now, Chief Stipe said:

The way I see it the only reason some punters want multiple agency options is so they can shop around for the best free lunch.

You cant sell butter as a loss leader forever unless they are gouging you somewhere else.

Great while it lasted.

Costing me an arm and a leg ringing 0900 SLEEPERS every race for tips.

[Newmarket]

On 15/07/2025 at 4:57 PM, Chief Stipe said:

Friends of mine have been getting them still.  Not sure why you need frequent "buy a loaf of bread and get one free" offers to bet.  

Once again, shows you have no idea about how overseas gambling agencies compete against each other. 
 

No competition, no offers needed is there. It’s like 1990 again. 
Maybe as you don’t gamble stuff all, never had an overseas account, and have limited knowledge of gambling…. just don’t comment…. Have a slice of your loaf for breakfast 

[Newmarket]

On 15/07/2025 at 5:11 PM, Muzza said:

What do you not understand in that??? 

Not worth replying, Chief thinks it’s not worthwhile for agencies to compete, makes no difference apparently 

[Newmarket]

Oh well, feel better this morning, got the bread and butter….sadly TAB & Chief are missing out on the milk…..

TAB are so stupid, this is what they should have done/ not done  once punters were restricted from overseas betting. 
 

1, Should have more promotions, more bet deposit options. This was their one chance for punters to say TAB are looking after them same as Aussie operators. But no they decrease bigtime, many complaining about decrease on social media with poor odds, promos etc. Many punters like myself, stopped betting in protest. 
 

2, The amount of advertising bragging that NZs can no longer bet in Aus? That just pisses punters off.

3, Trying to get new account holders? Get real, most aus account holders will already have TAB account, and the match deposit is pathetic. 
 

Somebody must have early TAB figures, hope they slide bigtime.

 

[Chief Stipe]

15 minutes ago, Newmarket said:

Once again, shows you have no idea about how overseas gambling agencies compete against each other. 
 

No competition, no offers needed is there. It’s like 1990 again. 
Maybe as you don’t gamble stuff all, never had an overseas account, and have limited knowledge of gambling…. just don’t comment…. Have a slice of your loaf for breakfast 

I doubt you've ever had a horse running around for shyte stakes.

You are moaning now about your lack of choice but offer no alternatives for how NZ Racing can get fair value for the product it sells.

[Chief Stipe]

16 minutes ago, Newmarket said:

Not worth replying, Chief thinks it’s not worthwhile for agencies to compete, makes no difference apparently 

Do they really compete though?  The only example I've seen online of so called competition is where someone compared a betting exchange with TABNZ.  Hardly a true comparison.

As I've said before the only difference I see is in opening markets for a short period (not all agencies provide them at the same time), differences in promotions (free bets) and individual bet variations that may only last for very short periods of time.  With the latter unless you are doing that programmatically then I can't see the value of sitting there waiting for a momentary positive difference in odds.  Let alone managing a dozen betting accounts. Although I guess you bet mainly on Sports.

At the end of the day, putting to one side the sporadic free bet offers, isn't it the market that decides the price?  I guess you wouldn't be happy reverting back to the Tote only option for race bets?

[Chief Stipe]

16 minutes ago, Newmarket said:

Somebody must have early TAB figures, hope they slide bigtime.

Just because you are not getting your freebies?

[Newmarket]

59 minutes ago, Chief Stipe said:

Just because you are not getting your freebies?

1 hour ago, Chief Stipe said:

I doubt you've ever had a horse running around for shyte stakes.

You are moaning now about your lack of choice but offer no alternatives for how NZ Racing can get fair value for the product it sells.

That’s just my issue, NZ racing want their share, even though I mainly bet on Aus racing and overseas sports? 
Betcha on a Friday night usually give me 2nd and 3rd back, so I will usually bet then, if they don’t might only have one or 2 bets, they know that if they offer its more likely I bet into or over nights sports. 

[Chief Stipe]

18 minutes ago, Newmarket said:

That’s just my issue, NZ racing want their share, even though I mainly bet on Aus racing and overseas sports? 

You can still bet on those options however you are now constrained to one operator.  Unfortunately for better or worse NZ is still highly regulated in some industry's.  Gambling and Wagering being just one of them.

Personally I think ENTAIN's taking over of the insolvent NZTAB has been a big plus.  The online access has improved immeasurably with both the website and the app.  Even the new betting pods at outlets are a huge step up from the old ones.  

ENTAIN will have the knife out on costs and may even use the NZ market as test bed for new innovation.  I only see positives.  Yes I would like to see more competition but there is enough of that for the discretionary gambling dollar as it is with Casinos, Pokies and Lotto.

I doubt the plethora of online bookie options in Australia will last forever and there will be a shakeout eventually.  TABCORP have been lucky to avoid where TABNZ was heading - insolvency.  The latest year being the first since splitting off the Lottery business that it has achieved a result aligned to its budget.  Even then over the last three years it has lost $1 billion in writeoffs and bottom line losses.  Hundreds of jobs have been cut.  ENTAIN (Ladbrokes) have hammered them in the OZ market.  TABCORP shares 66 cents - ENTAIN $12.64.

Yes the landscape has changed due to regulation which has taken away your options BUT I don't see anyone offering ways of protecting the NZ revenue for use by NZ stakeholders be it Racing or Sports organisations.  Perhaps we may see another entrant in the market once ENTAIN have finished rescuing the NZTAB!!!!

[Newmarket]

Betcha app been down most of afternoon…. 

[curious]

6 hours ago, Chief Stipe said:

  Perhaps we may see another entrant in the market once ENTAIN have finished rescuing the NZTAB!!!!

They are already there I think and/or knocking on the door- crypto betting sites. Might already be 2-3% of the market. Perhaps more. Will certainly get a boost from the new legislation here.

Edited 2 hours ago by curious

[Chief Stipe]

2 hours ago, Newmarket said:

Betcha app been down most of afternoon…. 

I thought you didn't bet with Betcha?  Was up on my app.  

[Chief Stipe]

38 minutes ago, curious said:

They are already there I think and/or knocking on the door- crypto betting sites. Might already be 2-3% of the market. Perhaps more. Will certainly get a boost from the new legislation here.

Really?  Are you serious?  How is a crypto betting site going to help NZ racing?  

[curious]

1 hour ago, Chief Stipe said:

Really?  Are you serious?  How is a crypto betting site going to help NZ racing?  

It's definitely not as far as I can see, but their use by NZ punters will no doubt increase given their lower margins and availability of peer-to-peer betting now that those options have been removed for NZ punters, unless the NZTAB offers competitive products. Or that they can find some way to regulate them under the current legislation.

Edited 29 minutes ago by curious

[Chief Stipe]

2 minutes ago, curious said:

It's definitely not as far as I can see, but their use by NZ punters will no doubt increase given their lower margins and availability of peer-to-peer betting now that those options have been removed for NZ punters, unless the NZTAB offers competitive products.

Competitive with what?  Peer to peer betting is just a Tote.