Brodie Posted May 9, 2022 Share Posted May 9, 2022 Just read an article on HRNZ that says they have employed Ollie Partridge to look at how to improve the GROSS BETTING REVENUE for harness racing! What a brilliant idea, finally they want to increase the GROSS BETTING REVENUE which overall will increase the NETT BETTING REVENUE! WHO WOULD HAVE THOUGHT? I have an idea that HRNZ could possibly put to the NZ TAB! I wonder if the NZ TAB let the punters bet on harness racing rather than stopping punters, whether this could possibly increase turnover????? The fact is that the NZ TAB didnt think that their gross yield on harness racing was high enough so they set out to improve the gross yield!! How would we get gross yield up the Suits who are paid big money thought! If we restrict certain punters to pathetic amounts and bring in the AML rule so we can control who bets with us, then the yield will increase!!!! So with this the gross yield did increase, however the amount of REVENUE they could get drops, but hey what a grest job we have done!! The TAB business plan is TOTALLY FLAWED and they should be increasing turnover. What they are doing is detrimental to harness racing by driving punters away from betting on harness racing! You only need to look at how many people you now see oncourse and betting on harness at the TAB outlets. Reality should have hit them by now they are flogging a dead horse with their current pathetic policies! Harness racing is stuffed totally unless they entice punters back in good numbers, and by trying to control punters by restricting punters to amounts not worth collecting is detrimental to running a prospering business! They will say they are doing harness racing a favour by increasing yield, but they would be far more successful if they increased turnover and increased oncourse participation! Makes too much sense, so hard to see them doing anything different as they are only concerned about GROSS YIELD rather than NETT PROFIT!!!! Quote Link to comment Share on other sites More sharing options...
Nowornever Posted May 9, 2022 Share Posted May 9, 2022 14 hours ago, Brodie said: Just read an article on HRNZ that says they have employed Ollie Partridge to look at how to improve the GROSS BETTING REVENUE for harness racing! What a brilliant idea, finally they want to increase the GROSS BETTING REVENUE which overall will increase the NETT BETTING REVENUE! WHO WOULD HAVE THOUGHT? I have an idea that HRNZ could possibly put to the NZ TAB! I wonder if the NZ TAB let the punters bet on harness racing rather than stopping punters, whether this could possibly increase turnover????? The fact is that the NZ TAB didnt think that their gross yield on harness racing was high enough so they set out to improve the gross yield!! How would we get gross yield up the Suits who are paid big money thought! If we restrict certain punters to pathetic amounts and bring in the AML rule so we can control who bets with us, then the yield will increase!!!! So with this the gross yield did increase, however the amount of REVENUE they could get drops, but hey what a grest job we have done!! The TAB business plan is TOTALLY FLAWED and they should be increasing turnover. What they are doing is detrimental to harness racing by driving punters away from betting on harness racing! You only need to look at how many people you now see oncourse and betting on harness at the TAB outlets. Reality should have hit them by now they are flogging a dead horse with their current pathetic policies! Harness racing is stuffed totally unless they entice punters back in good numbers, and by trying to control punters by restricting punters to amounts not worth collecting is detrimental to running a prospering business! They will say they are doing harness racing a favour by increasing yield, but they would be far more successful if they increased turnover and increased oncourse participation! Makes too much sense, so hard to see them doing anything different as they are only concerned about GROSS YIELD rather than NETT PROFIT!!!! Too late to fix it as unfortunately they have already driven too many punters away who will never come back. 3 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.