TAB Bet Deposit Match?

[curious]

2 minutes ago, Chief Stipe said:

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

What? Tote betting is not peer to peer. Odds are not fixed and you don’t bet against other specific individuals — you bet into the overall market.

[Chief Stipe]

Just now, curious said:

What? Tote betting is not peer to peer. Odds are not fixed and you don’t bet against other specific individuals — you bet into the overall market.

Ok.  So the biggest issue is that Betfair operating out of Northern Territory offers the best odds decided by those playing in the market?  Do you want your mudders running around for kumaras?

[curious]

1 minute ago, Chief Stipe said:

Ok.  So the biggest issue is that Betfair operating out of Northern Territory offers the best odds decided by those playing in the market?  Do you want your mudders running around for kumaras?

It appears that is likely what will happen, helped along by this anti-competitive legislation, if stakes are dependent on betting revenue to any great extent. and it won't just be the mudders.

[curious]

The DIA themselves recognised this as a risk in considering the options in their RIS.

Even with a monopoly there will be people who choose to gamble outside of New Zealand via a VPN, or with less scrupulous offshore operators which continue to offer black market sports and racing betting to New Zealanders.

[Chief Stipe]

8 minutes ago, curious said:

It appears that is likely what will happen, helped along by this anti-competitive legislation, if stakes are dependent on betting revenue to any great extent. and it won't just be the mudders.

You reckon?  What odds are you offering?

[Newmarket]

14 hours ago, Chief Stipe said:

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

You should read my many posts….

[Newmarket]

15 hours 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.

How do I find them, asking for a friend 🫣

[curious]

10 minutes ago, Newmarket said:

How do I find them, asking for a friend 🫣

https://www.bitcoin.com/gambling/betting/

[Chief Stipe]

1 hour ago, curious said:

https://www.bitcoin.com/gambling/betting/

I'm starting to come to the conclusion you are Anti-NZ Racing.  Why promote avenues for taking revenue away from NZ Racing?  

You no doubt believe you have seen the best of NZ Racing and now that you are retiring from it you want to absolve your conscious.

[curious]

36 minutes ago, Chief Stipe said:

I'm starting to come to the conclusion you are Anti-NZ Racing.  Why promote avenues for taking revenue away from NZ Racing?  

You no doubt believe you have seen the best of NZ Racing and now that you are retiring from it you want to absolve your conscious.

Nope. Couldn't be more wrong. I think my involvement and commentary in the last 25 years is to the contrary. 

On this, I simply believe that the online monopoly legislation is a bad move for NZ racing. It will simply drive more NZ punters away from betting on it. It's anti-competitive and is and will make betting with NZTAB less and less attractive to punters, particularly the younger generation of sports betting ones who are the ones primarily engaging with the likes of the crypto operators.

Back to the headpost, you will note that some of these operators offer 100% matching for deposits up to 5k, for example.

I should note that the DIA are doing their best to shut them out. The likes of Betfair, Stake, SpinBet, Gamdom, Roobet, BetVictor, Rizk, and 20Bet appear to have already withdrawn in attempted compliance but I'm not sure how effective that will be. NZTAB don't even offer a crypto deposit option at this stage.

Hopefully, I'm wrong and the predicted recovery of $100m GBR will transpire.

 

 

[Newmarket]

11 hours ago, curious said:

https://www.bitcoin.com/gambling/betting/

Thanks, gonna Look into it

[Newmarket]

9 hours ago, Chief Stipe said:

I'm starting to come to the conclusion you are Anti-NZ Racing.  Why promote avenues for taking revenue away from NZ Racing?  

You no doubt believe you have seen the best of NZ Racing and now that you are retiring from it you want to absolve your conscious.

Well…. how’s this. I’m sick of NZ racing wanting to be propped up while I’m having a bet tonight on the AFL & NRL…. and to make matters worse, odds are less than Aus operators. Funny thou, so many dreamers reckoned NZ racing would survive without gambling 🤣🤣🤣

[curious]

2 minutes ago, Newmarket said:

 Funny thou, so many dreamers reckoned NZ racing would survive without gambling 🤣🤣🤣

It's on track to having to.

[Newmarket]

On 18/07/2025 at 6:42 PM, curious said:

It's on track to having to.

I’d love to see it….. 

[Newmarket]

Oh dear…. 
TAB are scraping the barrel now, this is there big deal breaker of the day, a $26 shot in a 14 nag field….wont entice me, that’s pathetic. So 6th week  not betting with TAB , balance ZERO..

Worth noting, Betcha have plenty 2nd & 3rd back deals today, first 4 races Addington, Oamaru & Dogs….as well as extras to use on other races with 4 or more races, then a few offers on sport. 
 

So what am I missing here, 6 months ago I would bet with TAB, Betcha and Sportsbet….. now SB gone, what was the point of Betcha coming to market? They were supposed to target sports punters, but really they offer more on racing than TAB, so punters switch but there is no point increase in betting😁😁😁

OMG, what were the goons expecting at TAB, just reduce promos and watch NZ punters flock back🫣

[Newmarket]

Here’s TAB promo, I assume everyone received it

[Chief Stipe]

On 18/07/2025 at 6:39 PM, Newmarket said:

I’m sick of NZ racing wanting to be propped up while I’m having a bet tonight on the AFL & NRL

How is NZ Racing being "propped up"?  The question is are they being paid fairly for the product they provide for punters?

As for the NRL - Rugby League is clipping the ticket on TAB transactions in NZ through various avenues.  Are they being "propped up to"?

If there was no racing and no sport what would you bet on?  Pokies and Casinos?  Who benefits from them?  

[PeterLambFan]

1 hour ago, Newmarket said:

Here’s TAB promo, I assume everyone received it

I got that and wondered why they wasted there time sending that out. 

[Newmarket]

1 hour ago, PeterLambFan said:

I got that and wondered why they wasted there time sending that out. 

Yeah, desperate stuff

[Nowornever]

These idiots are even quoting Betcha exotic dividends when reviewing races.

Were raving about the first four Betcha dividend of $3501 in race five at Oamaru when the TAB tote dividend for the same thing was $4824.

For exotics bets BETCHA IS SHIT COMPARED TO TOTE !!!!!

Edited 4 hours ago by Nowornever

[Newmarket]

2 hours ago, Chief Stipe said:

How is NZ Racing being "propped up"?  The question is are they being paid fairly for the product they provide for punters?

As for the NRL - Rugby League is clipping the ticket on TAB transactions in NZ through various avenues.  Are they being "propped up to"?

If there was no racing and no sport what would you bet on?  Pokies and Casinos?  Who benefits from them?  

Well, the NZ product, you know the gallops that get abandoned every 2nd day, the 2nd tier horses, the dodgy riding in the Sth island, dodgy tracks etc….lets be honest, NZ punters punt more on Aus racing than NZ racing, so that shows how crap it is. 
 

American Football…. Tab reap the dough off that sport, and I’m sure the sport receives money from Tab in NZ 🤣

As for me punting, I still bet on harness, I don’t mind both meetings on a Friday night, but if betcha stops giving promos, I will cease that. 
I’ve started taking lotto again on a weds/ Sat, at least I know some of the money goes back to the community for decent people, or clubs that help kids etc…. rather do that than spend my dough at NZ Tab, so they can fix tracks and increase stake money, so that the rich pricks that own and race nags, get more cream

[Newmarket]

4 minutes ago, Nowornever said:

These idiots are even quoting Betcha exotic dividends when reviewing races.

Were raving about the first four Betcha dividend of $3501 in race five at Oamaru when the TAB tote dividend for the same thing was $4824.

For exotics bets BETCHA IS SHIT COMPARED TO TOTE !!!!!

Yeah, you are right. Unless fixed odds drift out, TAB normally pays better. 
 

One good thing about Betcha, Tab is the blended option, at least it lets you pick own races for multiple horses ion multiple races, escpecially if you have a couple you think are at overs 

[Nowornever]

Hang on Betcha Ben is saying a horse is paying $27 and is a 185K liability.

The odds have hardly changed and I am calling bullshit on that one as well... That is not how market operate. If there really was a 185K liability the price would be sub $2.00 unless they are laying it liability off on other markets!