World tote pool.

[mikeynz]

Were our lot included in the World tote pool on the Cox Plate ?

That $1.90 paid out on the winner, great.

 

[Shab]

I think all from valley were world pool. It's just another way of screwing more out of the punters.

[curious]

4 hours ago, Shab said:

I think all from valley were world pool. It's just another way of screwing more out of the punters.

How is it "screwing more" out of punters?

 

[Shab]

17 hours ago, curious said:

How is it "screwing more" out of punters?

 

Increased takeout of 17.5% is screwing more out of the punters 

[curious]

40 minutes ago, Shab said:

Increased takeout of 17.5% is screwing more out of the punters 

Fair enough, though you do have the fixed odds alternative.

[Chief Stipe]

36 minutes ago, Shab said:

Increased takeout of 17.5% is screwing more out of the punters 

Very good point.  At the end of the day is the difference better or worse between a solely local tote and or local fixed odds vs Hong Kong pool?

 

 

 

[curious]

12 minutes ago, Chief Stipe said:

Very good point.  At the end of the day is the difference better or worse between a solely local tote and or local fixed odds vs Hong Kong pool?

The big plus is the liquidity and punters have the choice to decide if the marginally lower price is satisfactory or not and therefore whether they choose to bet. I doubt NZTAB would do it if they didn't think it increased revenue overall. They commingle with TABCORP where the reverse is the case.

[Shab]

1 hour ago, curious said:

Fair enough, though you do have the fixed odds alternative.

Thanks. You get that from Mick Guerin or Winston Peters?