Question being asked BOAY punters!

[Brodie]

How many punters are  getting a lot less $ on at agencies and PUB TAB’s on FIXED ODDS than they were?

Personally know how damn frustrating it is when the Bookies only allow not large amounts on,  then slash the odds several times, making it look like all this money has come for a horse.

It actually beggars belief that they are the only legal betting agency in NZ for horse racing, and yet they are not willing to take the punters on for any reasonable amount!!!

Question needs to be asked why they are not prepared to have the Punters Promise limits for all bets and just not WIN BETS fixed odds?

TAB/ ENTAIN are not trying to increase turnover on harness racing, and yet the CEO Brad Steele of HRNZ says nothing???

is this one of the reasons Dean Shannon was moved on from ENTAIN as he did not agree with what they were doing to harness racing in NZ?

Personally don’t think they have got many that actually have business sense and the ones that have, have been moved on as they didnt like how Entain was operating!

Is anyone allowed by the TAB Bookies to wager reasonable amounts????

 

[Spatchcock]

15 hours ago, Brodie said:

 

Question needs to be asked why they are not prepared to have the Punters Promise limits for all bets and just not WIN BETS fixed odds?

 

 

... because it was by decree of the Racing Minister??

[the galah]

27 minutes ago, Spatchcock said:

... because it was by decree of the Racing Minister??

so we can't thank entain for the punters promise either,just macanulty

Edited 8 hours ago by the galah

[Chief Stipe]

16 hours ago, Brodie said:

TAB/ ENTAIN are not trying to increase turnover on harness racing

Increasing Turnover on Fixed Odds is not the answer.  Increasing margin and profit is.  What you are asking is for ENTAIN to increase Turnover by taking bigger bets at better odds but at the sure risk of losing money.  How does Harness Racing win then?

[Chief Stipe]

15 minutes ago, the galah said:

so we can't thank entain for the punters promise either,just macanulty

In most jurisdictions that I know of it is legislated.  Very few agencies if any will not have some limits.  Bookies are not in the game to go broke.

[Brodie]

27 minutes ago, Chief Stipe said:

Increasing Turnover on Fixed Odds is not the answer.  Increasing margin and profit is.  What you are asking is for ENTAIN to increase Turnover by taking bigger bets at better odds but at the sure risk of losing money.  How does Harness Racing win then?

Chief, personally think the way they are operating their business is poor!

They must be haemorrhaging big time losing potential income by their restrictions and odds slashing.

At the end of the day the odds are always in their favour so why dont they operate that way?

[Spatchcock]

1 hour ago, the galah said:

so we can't thank entain for the punters promise either,just macanulty

correct

[Brodie]

Entain would be happy if they just had the sports and online gambling that is what they wanted all along.

Low cost and big reward, and that is what they will be aiming for in a couple of years!

TAB and McAnulty were wrong in going with Entain for the betterment of racing!

Anyone know how many are still employed at Petone or is everything being done from Oz?

Are there many Bookies remaining or is it being done by computers??

[the galah]

5 hours ago, Chief Stipe said:

Increasing Turnover on Fixed Odds is not the answer.  Increasing margin and profit is.  What you are asking is for ENTAIN to increase Turnover by taking bigger bets at better odds but at the sure risk of losing money.  How does Harness Racing win then?

so the tab restricts taking bets from known winning punters.

But they take the same bet from everyone else.

so its the person making the bet who is targeted,not the actual bet.

i understand why you may think that is best practice,i may not agree with it,but i understand it.

but,your comments linking that to greater tab profit,well its not as simple as that.

if profit is the priority like you say it should be,then you need to have more flexible thinking.

because as i have pointed out many times,the tab may reduce the losses on the ff by restricting winning ff punters,but if those same punters use those profts generated to invest on tote pools, then by resticting the ff profits,you most likely will impact their spending on the tote pools.Its just the way it works.

i've given specific examples several times in the past to explain how it can actually play out.

For some reason people will still always argue its black and white,in other words restricting winning ff punters leads to greater tab profit,when clearly that isn't always the case. And thats also without even factoring in winning ff punters  using some of their profits to participatie in other areas of the industry like ownership,breeding, sponsorship.

 

Edited 3 hours ago by the galah

[PeterLambFan]

3 hours ago, Brodie said:

 

Anyone know how many are still employed at Petone or is everything being done from Oz?

Are there many Bookies remaining or is it being done by computers??

No one is at Petone from my understanding. 
 

 

[Brodie]

1 hour ago, PeterLambFan said:

No one is at Petone from my understanding. 
 

 

So selling out to Entain  has cost a lot of New Zealanders their jobs!

They were meant to be guaranteed employment with the TAB  for I believe 2 years minimum, but we know they started getting rid of staff pretty early on!

Anyway they will not need many staff in NZ once the guaranteed funding to racing stops, all be done out of Oz!

[PeterLambFan]

36 minutes ago, Brodie said:

So selling out to Entain  has cost a lot of New Zealanders their jobs!

They were meant to be guaranteed employment with the TAB  for I believe 2 years minimum, but we know they started getting rid of staff pretty early on!

Anyway they will not need many staff in NZ once the guaranteed funding to racing stops, all be done out of Oz!

They just don’t have any staff at Petone anymore I believe. They are based in Wellington CBD now. 

[Brodie]

10 minutes ago, PeterLambFan said:

They just don’t have any staff at Petone anymore I believe. They are based in Wellington CBD now. 

Interesting!

Does anyone know where the Bookies that set the odds are based or is it set by computers from Oz and algorithms do the rest?

[PeterLambFan]

38 minutes ago, Brodie said:

Interesting!

Does anyone know where the Bookies that set the odds are based or is it set by computers from Oz and algorithms do the rest?

There are some in Wellington as far as I am aware.