For the Harness Naysayers: ENTAINS Online NGR up 18% in NZ

[Chief Stipe]

 

 

[the galah]

 

The people you  appear to like calling the entain nah sayers,are the ones who have consistently said entains going to focus on increasing their profits from sports betting and to do that, obviously it should go without saying ,they would have to grow the revenue.

so what you posted really does nothing whatsoever to discredit anything anyone has said about entains intentions or performance. In fact the contary is more applicable..

also,whats the breakdown % for sports and racing. And when it comes to harness racing,they have held many more meetinghs. Thats an obvious factor if their % went up..

and another obvious factor.

We know betting agencies  revenue is impacted negatively or positively,depending on whether favorites are winning any sporting contest. Just as their racing revenue can be effected by the same thing.i.e. more favorites winning or losing in say the nba ,nrl.anything with an n in it,means more or less revenue.

And of course it depends what happened the year before,when you compare a  year with the previous.

anyways, i think it really would  need further analysis as to the actual impact on nz harness racing,which is what we comment on when it comes to entain.

[Chief Stipe]

16 minutes ago, the galah said:

 

The people you  appear to like calling the entain nah sayers,are the ones who have consistently said entains going to focus on increasing their profits from sports betting and to do that, obviously it should go without saying ,they would have to grow the revenue.

so what you posted really does nothing whatsoever to discredit anything anyone has said about entains intentions or performance. In fact the contary is more applicable..

also,whats the breakdown % for sports and racing. And when it comes to harness racing,they have held many more meetinghs. Thats an obvious factor if their % went up..

and another obvious factor.

We know betting agencies  revenue is impacted negatively or positively,depending on whether favorites are winning any sporting contest. Just as their racing revenue can be effected by the same thing.i.e. more favorites winning or losing in say the nba ,nrl.anything with an n in it,means more or less revenue.

And of course it depends what happened the year before,when you compare a  year with the previous.

anyways, i think it really would  need further analysis as to the actual impact on nz harness racing,which is what we comment on when it comes to entain.

At least revenue is on the up not down as many of you downers have been saying.

If Harness is down on revenue then who whose fault is that?  Not ENTAIN'S.

PLUS there is another $100m in the pot due to the legislation passing.  Now you should direct your attention to happens to that lump sum.  Stakes or invest?

[Gammalite]

12 minutes ago, the galah said:

The people you  appear to like calling the entain nah sayers,are the ones who have consistently said entains going to focus on increasing their profits from sports betting

About to happen .

The European Football season is about to kick off and generates them Hundreds of millions. Even kiwis will be betting on it from the other side of the planet.

300 of the 440 Top flight teams are partnered with a Betting company for sponsorship already.

145 Teams with a Gambling LOGO on the front of their shirts. that the Betting companies pay Tens of millions for. 

14 of the 41 Top Soccer Leagues in Europe rely on a betting sponsor for the Championship Title 

In the English EPL Premier League 11 of the Clubs have a Betting Company LOGO next to their famous club symbols on the front of their shirts. and ALL 20 clubs have a Betting Brand Partner.

World giant Club Liverpool are partnered to LADBROKES . the sponsor of QLD harness lol. (an Entain Company) 

The money they make , with the whole world interested is just staggering. The revenue is a pyramid of money. 

From Next Weekend these Betting Companies WIll Be Smiling like the Irish , raking in unbelievable money amounts

 

 

[mikeynz]

2 hours ago, Gammalite said:

About to happen .

The European Football season is about to kick off and generates them Hundreds of millions. Even kiwis will be betting on it from the other side of the planet.

300 of the 440 Top flight teams are partnered with a Betting company for sponsorship already.

145 Teams with a Gambling LOGO on the front of their shirts. that the Betting companies pay Tens of millions for. 

14 of the 41 Top Soccer Leagues in Europe rely on a betting sponsor for the Championship Title 

In the English EPL Premier League 11 of the Clubs have a Betting Company LOGO next to their famous club symbols on the front of their shirts. and ALL 20 clubs have a Betting Brand Partner.

World giant Club Liverpool are partnered to LADBROKES . the sponsor of QLD harness lol. (an Entain Company) 

The money they make , with the whole world interested is just staggering. The revenue is a pyramid of money. 

From Next Weekend these Betting Companies WIll Be Smiling like the Irish , raking in unbelievable money amounts

 

 

I still believe to maximise potential income/profit from sports then they need to upgrade the in play platform, and maybe they will in time, if so the sooner the better, I have no issues with Entain, I just hope they can up their game, they are a large unit, probably NZ is a very small market for them but as it's the only outlet we have in NZ it's important its up to same standard that others have access too.

[Gammalite]

45 minutes ago, mikeynz said:

I still believe to maximise potential income/profit from sports then they need to upgrade the in play platform,

I have Sportsbet where if you're betting while a match is In-play , you have to Ring in to the Bookie phone centre. 

This makes sense , as otherwise people would be going over the top in a short space of time if thinking they are on a winner. Alas Most are on a loser and legislation and limits stop people from 'Losing the House ' while drunk or thinking that large bets are easy or whatever.  trying to win fast. they get themselves blocked real quick. 

One winning scenario was a Pundit had turned his $1500 footy Bet into $3000. so promptly deposited another $2000 and launched into the very next match with a $5000 bet. which won . He collected $7500 . tried to launch a third time but was timed/maxed out and maximum next bet of only $2 was allowed  😂 . 

the system cap didn't stop him from winning $4000 but prevented him from losing it and much more, when people think they're on a Hot Streak and just don't stop.  The double or nothing punters sure to attract a block. 

[mikeynz]

24 minutes ago, Gammalite said:

I have Sportsbet where if you're betting while a match is In-play , you have to Ring in to the Bookie phone centre. 

This makes sense , as otherwise people would be going over the top in a short space of time if thinking they are on a winner. Alas Most are on a loser and legislation and limits stop people from 'Losing the House ' while drunk or thinking that large bets are easy or whatever.  trying to win fast. they get themselves blocked real quick. 

One winning scenario was a Pundit had turned his $1500 footy Bet into $3000. so promptly deposited another $2000 and launched into the very next match with a $5000 bet. which won . He collected $7500 . tried to launch a third time but was timed/maxed out and maximum next bet of only $2 was allowed  😂 . 

the system cap didn't stop him from winning $4000 but prevented him from losing it and much more, when people think they're on a Hot Streak and just don't stop.  The double or nothing punters sure to attract a block. 

I've never been in a casino, never played the pokies but have played the online casino, I was like a magician for a while, I could make money dissappear in no time, that was on 365, I told them I wanted a break, they closed my account permanently, hated at time but not bothered now, occasionally i play a few slots on one sight Betway, if it runs dry then that's it, only a few bucks involved, most of the time it's their money, but I did like their in play platform but it's gone now, hopefully Betway get a licence to operate in NZ.

Gambling can be a incedeous habit sometimes, I run hot and cold, have a burst then nothing for a while, when it comes to the races I only bet win and place, I simply can't be bothered studying form, multiple runners etc etc, my attention span ain't what it was.

They go on about large punters, but there are probably only a few who bet large amounts, remember the guy who put 300000 plus on the ABs not to win the world cup, then when they played aussie in final a bet of 400000 was placed before natch same guy more than likely so he did win a small amount but also risked losing a heap had aussie won, probably the sort of punter who probably only bothered once in a while, large punters  only bet on select events, fun punters  take a lot of bets like every eace but smaller, everyone's different, as long as Entain treat everyone fairly that's all that's important.

[Brodie]

16 minutes ago, mikeynz said:

I've never been in a casino, never played the pokies but have played the online casino, I was like a magician for a while, I could make money dissappear in no time, that was on 365, I told them I wanted a break, they closed my account permanently, hated at time but not bothered now, occasionally i play a few slots on one sight Betway, if it runs dry then that's it, only a few bucks involved, most of the time it's their money, but I did like their in play platform but it's gone now, hopefully Betway get a licence to operate in NZ.

Gambling can be a incedeous habit sometimes, I run hot and cold, have a burst then nothing for a while, when it comes to the races I only bet win and place, I simply can't be bothered studying form, multiple runners etc etc, my attention span ain't what it was.

They go on about large punters, but there are probably only a few who bet large amounts, remember the guy who put 300000 plus on the ABs not to win the world cup, then when they played aussie in final a bet of 400000 was placed before natch same guy more than likely so he did win a small amount but also risked losing a heap had aussie won, probably the sort of punter who probably only bothered once in a while, large punters  only bet on select events, fun punters  take a lot of bets like every eace but smaller, everyone's different, as long as Entain treat everyone fairly that's all that's important.

Mikey, lol Entain/TAB treat everyone fairly! 😂 😂 

[Chief Stipe]

9 hours ago, mikeynz said:

I still believe to maximise potential income/profit from sports then they need to upgrade the in play platform, and maybe they will in time, if so the sooner the better, I have no issues with Entain, I just hope they can up their game, they are a large unit, probably NZ is a very small market for them but as it's the only outlet we have in NZ it's important its up to same standard that others have access too.

Don't forget that they are already miles ahead of the previous mob that ran the TABNZ into insolvency.

The new retail pods are light years ahead of the old ones.

[Gammalite]

10 hours ago, mikeynz said:

Gambling can be a incedeous habit sometimes, I run hot and cold, have a burst then nothing for a while, when it comes to the races I only bet win and place, I simply can't be bothered studying form, multiple runners etc etc, my attention span ain't what it was.

They go on about large punters, but there are probably only a few who bet large amounts, remember the guy who put 300000 plus on the ABs not to win the world cup, then when they played aussie in final a bet of 400000 was placed before natch same guy more than likely so he did win a small amount but also risked losing a heap had aussie won, probably the sort of punter who probably only bothered once in a while, large punters  only bet on select events

you'll be fine Mikey. You always talk like you know what you're doing , and that it is gambling for fun and not a living. Also your knowledge of the harness horsemen and that is very good so you can't go far wrong anyway.

Kerry Packer was a very wealthy businessman in Australia and ran Channel Nine and Considated Press. and used to show off trying to pop a million on a horse in races with his bookies. Had a Million on Jezabeel from NZ winning the Cup a bit over 20 years ago , with QLD Muncie riding her. He used to go to Las Vegas Casinos and be a High Roller quite often as just couldn't stop himself from the habit . All through the 90's he made it his mission to visit establishments around the world to bet the largest amounts he could . 

BOAY Brodie always wanting to be the NZ 'Packer'on the national stage,  but promptly got barred . The TAB trenchcoat he wears not meeting the dress standards required 🤣😎😋.

Here's a Snippet of Mr Packer. his Son James can't live up to these exploits.

  Tales of the punt

Kerry Packer’s gambling quickly became the stuff of legend. There was a time when many considered him the biggest bettor in the world – a time when Asian high rollers, Middle Eastern oil sheikhs and the Sultan of Brunei were terrorising casinos across the globe.

Packer had both huge wins and huge losses, but he was feared by the world’s biggest gambling houses as they knew he had the bankroll to simply keep betting. And keep betting Packer would – he hated to lose.

It was reported in 1987 that Packer had a private room at The Ritz in London, where he’d spent hours – or perhaps days – playing two tables of blackjack at once at £10,000 per hand. He got on a losing streak early but kept on calling for more chips. Eventually, he was writing £1 million cheques to keep the game going, and by the end of the session was down £8 million.

But Packer’s losing streak didn’t last forever. A tale emerged of him taking on another, smaller London club weeks later. After a relatively short session, Packer walked away with nearly £7 million. The club shut its doors soon after and many industry observers blamed Packer's massive win.

Exclusive London club Crockford's, having just been taken over by new ownership in 1994, was another of the lucky ones. Packer visited them and reportedly lost US $7 million in one sitting.

Regular Vegas visitor

Packer was also a regular at casinos on the other side of the Atlantic. His "fly in, fly out" missions, which saw him gamble almost nonstop for a few days, would set Las Vegas abuzz. Casinos knew they had the chance to win big... but also knew the huge damage that the big Aussie could wreak with a successful trip.

One notable session saw both Packer and the MGM Grand break even, but with an unfortunate piece of timing for the casino that left them with some explaining to do.

It was the evening of March 31st, 1992 when Packer hit the tables at the Grand. By midnight he had won some US$9 million. By dawn, he'd lost it again. The problem for the casino was that at midnight on March 31st, the quarterly reporting period was closed off. The $9 million Packer had taken out was a 50% hole in the casino's quarterly profit. It looked ugly, even if they had won it back by daybreak!

He'd return to the MGM Grand in 1994 and produce one of the most successful gambling stays ever recorded. Packer started winning, and the stakes started rising. Soon he was playing up to seven hands of blackjack at once. Believing that Packer's winning streak would soon end, the casino lifted their high-roller limits and allowed him to play $500,000 per hand.

It wasn't a good move.

The winning streak continued and included an astounding $20 million win in just 40 minutes. Packer is said to have finished up US$26 million in front after a couple of days. Rumour has it he left a $1 million tip to be split among the dealers.

Stories of Packer’s generous tipping are legendary. One story goes that upon chatting with a croupier and learning she was deeply in debt and about to lose her home, Packer promptly wrote her a cheque for $150,000 to clear her mortgage. On another occasion, after a particularly successful casino visit, Packer is said to have given the keys to his new Mercedes to a valet – and told him to keep the car.

Eventually, the MGM Grand had enough. One unfortunate executive was given the terrifying task of informing the volcanic Packer - in person - that he was barred from playing at the casino.

While Packer voiced his displeasure, the manager returned somewhat relieved at the relatively gentle reaction he'd received. He may have even got a small smile from Packer... he saw the banning order as a win.

Unfortunately for the MGM Grand, they picked a bad time to stop taking Packer's action. No longer welcome there, he turned his attention to the Bellagio. In one three-day trip a few years later, Packer blew US$20 million on baccarat.

And he'd top that figure on a later trip. Packer was in Las Vegas on September 11th, 2001, and was left stranded when all air traffic was grounded. So he kept playing baccarat... and lost a total of US$29 million before leaving town.

[Chief Stipe]

 

 

[the galah]

actually didn't mean to post anything . Thought i was goggling the book ,the gambling man. I once had it but lost it somewhere in my travels. Its a wonder its was never made into an aussie tv series. It was a great read. gammalites post made me think of that book the gambling man,all about a period of time in australia involving the likes of the fine cotton scandel and a top aussie bank executive and all the other goings on around life and gambling at the time.g some big aussie bank persoexecuui sthe a.

Edited 2 hours ago by the galah

[the galah]

32 minutes ago, the galah said:

actually didn't mean to post anything . Thought i was goggling the book ,the gambling man. I once had it but lost it somewhere in my travels. Its a wonder its was never made into an aussie tv series. It was a great read. gammalites post made me think of that book the gambling man,all about a period of time in australia involving the likes of the fine cotton scandel and a top aussie bank executive and all the other goings on around life and gambling at the time.g some big aussie bank persoexecuui sthe a.

now i've actually posted about it,even if by mistake, i googled it and it was "the gambling man by kevin perkins.apparently he spent 22 years researching it before he completed writing it then another 10 years being sued for defamation before it was made available for publication.

lots of stories in their,all supposed to be factual,that people didn't want being published.

it was sort of based around bill waterhouse and his gambling dynasty.

to quote the promo " it exposes the intrigue,treachory andskullduggery ivolved in the upper echelons of gambling,polished crooks in high places,mind blowing betting duels,the truth behind the fine cotton ring-in scandel and other fascinating stories". 

ive never been much of a reader myself,but that book would label the best book i have read. And it was all supposed to be true.based on fact. I remember the story about the head of one of australias biggest banks and how that all ended. That was a story and a half in how it ended and how close he came to the possibilty of it never being uncovered..

it was sort of a bit like that aussie series underbelly. Underbelly was about kings cross,the criminal underworld and police corruption during the late 1980's early 1990's. The book the gambling man had all that,bit with so so much more.

The gambling man would have made a fantastic tv series. Maybe they didn' make it because they were afraid of all the litigation the the author had to go through.

 

Edited 1 hour ago by the galah