Chief Stipe Posted May 30, 2021 Share Posted May 30, 2021 Betting Win for punters with change to minimum bet rules Racing Queensland CEO Brendan Parnell. Photo: John Gass/ AAP By Trenton Akers06:07pm • 30 May 2021 0 Comments Punters can expect “real markets” from the time they open with Queensland set to be the first state to force corporate bookmakers to adhere to minimum limits from the time markets open across all three codes. The Courier-Mail can reveal Racing Queensland has written to wagering service providers informing them of changes to the general conditions of the racing product – which is currently due to expire on June 30. While the limits remain unchanged, corporate bookmakers will be required to bet punters to lose $2000 on all metropolitan thoroughbred races and $1000 on non-metropolitan racing from the time markets go up from July 1. The rules will also apply to harness and greyhound races with bookmakers forced to bet to lose $500. Currently, minimum bet limits only come into play at 9am race day. “From the moment operators release the final field markets, punters will be able to access the minimum bet limits,” Racing Queensland CEO Brendan Parnell said. “This includes win and place options for all three codes. “The introduction of minimum bet limits were warmly received by punters in Queensland and we anticipate that they will welcome the opportunity to access them from the moment the markets open.” Racing Queensland CEO Brendan Parnell at the Gold Coast Turf Club racetrack. Picture: Glenn Hampson The rules will not apply to all-in or futures markets. Currently it is common practice for corporate bookmakers to offer racing markets three days out from the races. After undergoing significant consultation on the issue, Racing Queensland says it does not expect corporate bookmakers to put Queensland markets up slower than they currently are. TopSport’s Tristan Merlehan applauded the move, saying he believes it will improve turnover on Queensland racing. “It has been a blight on the industry where a certain set of customers weren’t able to have a bet until 9am on race day,” he said. “It is discriminatory to them that there are markets up and it’s not a true reflection of the market price. “Previously, you would have some places where the prices weren’t available to the general public and it would distort the market – horses would firm considerably when really nothing had been placed on them. “Now when it happens, it can be a true reflection of the confidence in the marketplace because it could be anyone putting those bets on. “It gives a bigger trading window where the dynamic aspect of the marketplace is open for a lot longer which I think is going to have a really positive impact on turnover which we know drives race fields.” Victoria is currently trialling a similar proposal for thoroughbred racing, but is due to expire on December 31.BettingQLD 2 Quote Link to comment Share on other sites More sharing options...
Brodie Posted May 30, 2021 Share Posted May 30, 2021 “ Discriminatory” Exactly! Punters being treated not equally!! Chief, very interesting, wonder if NZ follows? Probably not as they do not understand what they are doing to the general wellbeing of racing in NZ, Hopefully they will see the error of their ways and their flawed business practice that is costing them big turnover!, Being restricted often to less than the cost of a couple of beers, you should be able to appreciate what some of the restricted punters in NZ have to endure! 1 Quote Link to comment Share on other sites More sharing options...
JJ Flash Posted May 30, 2021 Share Posted May 30, 2021 That option has been available in NSW for quite some time. Obviously 2k not enough for the Broadster 2 Quote Link to comment Share on other sites More sharing options...
paleface adios Posted May 30, 2021 Share Posted May 30, 2021 2 minutes ago, JJ Flash said: That option has been available in NSW for quite some time. Obviously 2k not enough for the Broadster nothing better than betting on mile racing at menangle 1 1 Quote Link to comment Share on other sites More sharing options...
JJ Flash Posted May 31, 2021 Share Posted May 31, 2021 (edited) 13 minutes ago, paleface adios said: nothing better than betting on mile racing at menangle Yes ,Form stacks up nicely and you know they have to accept your bets up to the set level. Shame AS not operating out of there, it would be heaven for Gamma and i 😊 Edited May 31, 2021 by JJ Flash 2 Quote Link to comment Share on other sites More sharing options...
Rangatira Posted May 31, 2021 Share Posted May 31, 2021 20 minutes ago, JJ Flash said: That option has been available in NSW for quite some time. Obviously 2k not enough for the Broadster even though its not about the money 1 Quote Link to comment Share on other sites More sharing options...
Brodie Posted May 31, 2021 Share Posted May 31, 2021 1 hour ago, JJ Flash said: That option has been available in NSW for quite some time. Obviously 2k not enough for the Broadster Actually 2k is not really enough however they are not offering $2k on NZ harness JJ! Looks like $500 on harness! Quote Link to comment Share on other sites More sharing options...
Brodie Posted May 31, 2021 Share Posted May 31, 2021 1 hour ago, Rangatira said: even though its not about the money It is more about the challenge Ranga, however why would I do the homework for next to nothing??? Quote Link to comment Share on other sites More sharing options...
JJ Flash Posted May 31, 2021 Share Posted May 31, 2021 2 hours ago, Rangatira said: even though its not about the money For peeps with an IQ above 10 it is😃 Quote Link to comment Share on other sites More sharing options...
Brodie Posted May 31, 2021 Share Posted May 31, 2021 3 hours ago, JJ Flash said: For peeps with an IQ above 10 it is😃 Jj, just shows you then, that you can be very successful in life with a very low IQ doesnt it? You clearly have a very high IQ, but very unsuccessful in life! Thems the breaks! 1 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted May 31, 2021 Author Share Posted May 31, 2021 18 hours ago, Brodie said: “ Discriminatory” Exactly! Punters being treated not equally!! Chief, very interesting, wonder if NZ follows? Probably not as they do not understand what they are doing to the general wellbeing of racing in NZ, Hopefully they will see the error of their ways and their flawed business practice that is costing them big turnover!, Being restricted often to less than the cost of a couple of beers, you should be able to appreciate what some of the restricted punters in NZ have to endure! Ask @JJ Flash if it is going to happen in New Zealand. He says he has all the inside TAB NZ info! 1 1 Quote Link to comment Share on other sites More sharing options...
paleface adios Posted May 31, 2021 Share Posted May 31, 2021 51 minutes ago, Chief Stipe said: Ask @JJ Flash if it is going to happen in New Zealand. He says he has all the inside TAB NZ info! how can we ask jj when he has no pm 1 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted May 31, 2021 Author Share Posted May 31, 2021 1 minute ago, paleface adios said: how can we ask jj when he has no pm Ummmm maybe ask him in a post on a thread under a topic? Quote Link to comment Share on other sites More sharing options...
paleface adios Posted May 31, 2021 Share Posted May 31, 2021 1 minute ago, Chief Stipe said: Ummmm maybe ask him in a post on a thread under a topic? ok might do that . I here your good piano player Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted May 31, 2021 Author Share Posted May 31, 2021 1 minute ago, paleface adios said: ok might do that . I here your good piano player I hear you aren't too bad hunting Captain Cookers. 1 Quote Link to comment Share on other sites More sharing options...
JJ Flash Posted May 31, 2021 Share Posted May 31, 2021 13 hours ago, Brodie said: You clearly have a very high IQ, but very unsuccessful in life! Your arrogance enhances your stupidity on this matter as you have no idea who i am or my life credentials. For one , i do not use forums to tell people how intelligent and well off i am I can see why Ranga likes to take pot shots and you and right on que the Chief joins with you- .Next it will be Noodlums so you can play happy trios Quote Link to comment Share on other sites More sharing options...
JJ Flash Posted May 31, 2021 Share Posted May 31, 2021 (edited) 13 hours ago, Chief Stipe said: He says he has all the inside TAB NZ info! I have said no such thing so that's a plain lie and you know it. From time to time after LISTENING to those who are given TAB info, most of which is in the public domain, I may post on here about it. You should try it sometime- listening that is Edited May 31, 2021 by JJ Flash 1 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted May 31, 2021 Author Share Posted May 31, 2021 16 minutes ago, JJ Flash said: I have said no such thing so that's a plain lie and you know it. From time to time after LISTENING to those who are given TAB info, most of which is in the public domain, I may post on here about it. You should try it sometime- listening that is Do you really want me to quote the posts where you infer you have "inside info", are "in the know" or this beauty "I know the salary but can't say until it is public knowledge". I guess your latest admission that you don't know and basically make it up is closer to the truth. Quote Link to comment Share on other sites More sharing options...
Brodie Posted May 31, 2021 Share Posted May 31, 2021 1 hour ago, JJ Flash said: Your arrogance enhances your stupidity on this matter as you have no idea who i am or my life credentials. For one , i do not use forums to tell people how intelligent and well off i am I can see why Ranga likes to take pot shots and you and right on que the Chief joins with you- .Next it will be Noodlums so you can play happy trios FFS, JJ, it was YOU that firstly inferred that the Brodster has an IQ of under 10! So I am more than happy to respond to your theory! I do not need any support from anyone but we can all see that you need reassurance. not playing silly games as it is hard work being successful with such a low IQ! Quote Link to comment Share on other sites More sharing options...
JJ Flash Posted May 31, 2021 Share Posted May 31, 2021 1 hour ago, Chief Stipe said: Do you really want me to quote the posts where you infer you have "inside info", are "in the know" o Please do- i'm sure it will be a sanitized version which suits this current bullshit of yours on this topic. As for CEO salary i pm'd Brodie with it at the time rather than go public as i was told in confidence- he will concur. Tell me i'm wrong about that FYG it came from another source of mine who is associated with TAB , i'm not Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted May 31, 2021 Author Share Posted May 31, 2021 3 minutes ago, JJ Flash said: Tell me i'm wrong about that FYG it came from another source of mine who is associated with TAB , i'm not So you are confirming what I posted here: 15 hours ago, Chief Stipe said: Ask @JJ Flash if it is going to happen in New Zealand. He says he has all the inside TAB NZ info! Quote Link to comment Share on other sites More sharing options...
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