PeterLambFan Posted 23 hours ago Posted 23 hours ago 5 minutes ago, hesi said: I think there are many different ways that someone new can be introduced to racing. You have mentioned 2 but there are many more Spending 6 hours meeting characters at a local tab outlet, such as Hastings TAB on a Saturday afternoon? 1 Quote
hesi Posted 23 hours ago Posted 23 hours ago I think it is still within the psyche of many NZ'ers including the new generations to have a bet. The focus being more on sports though The challenge being to get the crossover. Research has shown there are many reasons why potential punters do not trust the racing industry, but an advantage is, a race is all over in 5 minutes Quote
curious Posted 22 hours ago Posted 22 hours ago 24 minutes ago, hesi said: Research has shown there are many reasons why potential punters do not trust the racing industry, but an advantage is, a race is all over in 5 minutes Why is that an advantage? Quote
hesi Posted 22 hours ago Posted 22 hours ago Figure it out for yourself, it is very straightforward Quote
Special Agent Posted 21 hours ago Posted 21 hours ago 1 hour ago, curious said: Why is that an advantage? The world is certainly full of bods with an extremely short attention span. I think one of the worst jobs would be a teacher dealing with that crap. 1 Quote
Chief Stipe Posted 21 hours ago Author Posted 21 hours ago 1 hour ago, curious said: Why is that an advantage? Most punters that you make your money out of are not as disciplined as you are hence you make money out of them. They bet on all three race codes one after the other. Quote
curious Posted 20 hours ago Posted 20 hours ago 39 minutes ago, Chief Stipe said: Most punters that you make your money out of are not as disciplined as you are hence you make money out of them. They bet on all three race codes one after the other. Why is sports betting growing and not racing then? Quote
Murray Fish Posted 20 hours ago Posted 20 hours ago 2 minutes ago, curious said: Why is sports betting growing and not racing then? One reality of that, as we become more 'Americanized', in what we watch, as in MLB NFL NBL NHL. "Internationalized' as in all the different World Cups!!! etc etc,,, I know that personally if I was 'needing' to punt for a living! 1000% I would stay away from 'racing'. That has shown in my betting for over 5 years now! Specializing on MLB, for two reasons! I enjoy watching it! And as a punter I can access the quality info that I need so easily! Of course, having said the above, I also would be seriously focusing on options for betting elsewhere! Feck the current monopoly I say! 1 Quote
Chief Stipe Posted 18 hours ago Author Posted 18 hours ago 2 hours ago, Murray Fish said: Of course, having said the above, I also would be seriously focusing on options for betting elsewhere! Feck the current monopoly I say! Why? How does the monopoly affect you? In saying that your post also denies there is a monopoly. Quote
PeterLambFan Posted 18 hours ago Posted 18 hours ago 4 minutes ago, Chief Stipe said: Why? How does the monopoly affect you? In saying that your post also denies there is a monopoly. I think everyone knows that there are other options if you can be bothered or a bit more savvy but for your average punter it’s a monopoly. Quote
Chief Stipe Posted 17 hours ago Author Posted 17 hours ago 18 minutes ago, PeterLambFan said: I think everyone knows that there are other options if you can be bothered or a bit more savvy but for your average punter it’s a monopoly. Your average punter doesn't care. Quote
curious Posted 17 hours ago Posted 17 hours ago 7 minutes ago, Chief Stipe said: Your average punter doesn't care. How do you guys define an average punter then? Is that based on spend? Quote
Chief Stipe Posted 17 hours ago Author Posted 17 hours ago 32 minutes ago, curious said: How do you guys define an average punter then? Is that based on spend? Median or average spend? Quote
PeterLambFan Posted 17 hours ago Posted 17 hours ago 53 minutes ago, Chief Stipe said: Your average punter doesn't care. When were you appointed spokesperson for the average punters association? If they don’t care why were they betting offshore in the first place? 1 Quote
curious Posted 16 hours ago Posted 16 hours ago 16 minutes ago, Chief Stipe said: Median or average spend? I don't really know what you mean which is why I asked. Quote
Chief Stipe Posted 16 hours ago Author Posted 16 hours ago 16 minutes ago, PeterLambFan said: When were you appointed spokesperson for the average punters association? I'm not but I guess you consider yourself to be an average punter. Why? 17 minutes ago, PeterLambFan said: If they don’t care why were they betting offshore in the first place Who were the average punters betting offshore? Quote
PeterLambFan Posted 16 hours ago Posted 16 hours ago 37 minutes ago, Chief Stipe said: I'm not but I guess you consider yourself to be an average punter. Why? I don’t consider myself to be any particular type of punter. 38 minutes ago, Chief Stipe said: Who were the average punters betting offshore? Walk into any bar or sports club before the ban and see what people in them were using to bet. 1 Quote
hesi Posted 14 hours ago Posted 14 hours ago 3 hours ago, Chief Stipe said: Your average punter doesn't care. Agree, nor would they understand the concept of value, they would lose overall but be happy to get a collect. Put a figure on it, say 95%. The point is, lots of new punters are getting to know that the TAB exists because of sports, simply because there are many more followers of sport in NZ than racing. This must bring more exposure to racing and the point I was making in that the young want instant gratification, which racing offers with a race and potential collect over in 5-10 min Quote
curious Posted 10 hours ago Posted 10 hours ago 4 hours ago, hesi said: This must bring more exposure to racing and the point I was making in that the young want instant gratification, which racing offers with a race and potential collect over in 5-10 min Not sure I fully agree with that. Of the younger people I was around on Saturday, more were watching and betting on the cricket than the racing. That's a 5 day game. Also one of younger people's complaints that I've heard is that racing is boring because it only lasts a few minutes then you have to wait half an hour for the next one. I heard another similar complaint from a group of corporate professionals that had their Xmas function at the races on Friday, even though they were well entertained with food and drink in between races. Quote
hesi Posted 3 hours ago Posted 3 hours ago Anyway, we don't really know. What we do know, is that a lot more people are using the 2 TAB apps to bet on sports. It is good exposure that racing has to try and find a way of leveraging into Quote
curious Posted 3 hours ago Posted 3 hours ago 26 minutes ago, hesi said: Anyway, we don't really know. What we do know, is that a lot more people are using the 2 TAB apps to bet on sports. It is good exposure that racing has to try and find a way of leveraging into Well racing already gets 80% of the revenue from sports betting doesn't it? Quote
curious Posted 3 hours ago Posted 3 hours ago 6 minutes ago, hesi said: How long before sports want more? They want more now. Quote
curious Posted 2 hours ago Posted 2 hours ago 11 minutes ago, curious said: They want more now. And should get it in my view. Especially now that sports seems to be driving TAB revenue growth with racing making little contribution. Racing's claim to the lions share is really only historic, though Winnie is protecting it. Quote
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