Horse Racing Tips & Discussion

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Re: Horse Racing Tips & Discussion

Postby Booney » Mon Nov 11, 2019 8:21 am

Australian betting could be set for its biggest shake-up this century, with Tabcorp planning to finally have a National tote pool as early as the end of 2020.

Racing authorities are looking to address the leakage of turnover from racing to sport and a more competitive tote product is seen as one of the answers to the problem.

Tabcorp chief executive David Attenborough has previously said “a national tote pool .... means better depth and less volatility [pools]”.

The belief is one tote pool would give a bigger and more viable pool to bet into as more punters complain of being restricted by bookmakers.

It would also give smaller country racing meetings, trots and greyhounds a sustainable option for punters to drive turnover.

Tote or pari-mutuel betting gives the biggest returns to the racing industry, with Victoria taking more than 9c for every dollar placed on the tote, while NSW is returned around the 7 per cent mark.

Tabcorp officials are currently briefing racing regulators about the positive effect merging the three totes would have on arresting the slide in turnover and possibility growing tote betting again.

Racing NSW and Racing Victoria hold the key to establishment of national pool, given they oversee the biggest betting states. Both states will review the spring results before making plans for the future.

The main obstacles to one National tote pool are rules and technology to combine the three different pools. The integration technology is being developed to be available early next year.

The next step will be to get Queensland to align its bet types with those available in the other states.

The results of betting turnover during the spring carnival show a significant downturn, which has been put down to higher racefields fees and the introduction of the point-of-consumption tax.

The new taxes and fees have made pari-mutuel betting a more competitive offering for the first time this century, with its takeout of around 15 per cent.

Tabcorp controls three separate tote operations in Australia. NSW has its own tote pool, while Victoria takes in bets from Western Australia and ACT and the Queensland pool, which is combined with South Australia, Tasmania and the Northern Territory.

The rise of corporate bookmakers has led punters to prefer fixed-odds wagering or the best tote product that the on-line operators offer. Another appeal of a national tote pool is that it would take away one of the bookmakers' major products.

The migration of punters to the fixed-odds products has seen the tote pools turnover in free fall at more than five percent year on, year on and as the pools are getting small the rate of decline accelerates.

The key to tote pool is liquidity, the bigger the pool the more confidence there is to bet into them without effecting the final price. It is seen a critical that the pools merge to give them strength again.
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Re: Horse Racing Tips & Discussion

Postby Oaksnaf » Tue Nov 12, 2019 1:17 pm

Yes to National Pools.
On the wagering side of things I also find the problem is that they are giving punters too many options to encourage them to bet.

I would remove: Duets/Early Quaddie/Running Double.
And supply the punters who bet tote with more information on the WIN pool which we want to encourage. Like $$ spent on each runner. Make it looks more attractive. I mean we know how much is spent on each runner on tote after takeout anyway, but even if they start to apply some figures on fixed odds WIN wagering.

They need to focus on the main wagering options rather than splintering off.

Of course no matter what TAB does, the punters won't punt if the industry continually comes under attack from animal cruelty and ethics which are gaining more momentum in todays society.
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Re: Horse Racing Tips & Discussion

Postby OnSong » Tue Nov 12, 2019 1:43 pm

Oaksnaf wrote:Yes to National Pools.
On the wagering side of things I also find the problem is that they are giving punters too many options to encourage them to bet.

I would remove: Duets/Early Quaddie/Running Double.
And supply the punters who bet tote with more information on the WIN pool which we want to encourage. Like $$ spent on each runner. Make it looks more attractive. I mean we know how much is spent on each runner on tote after takeout anyway, but even if they start to apply some figures on fixed odds WIN wagering.

They need to focus on the main wagering options rather than splintering off.

Of course no matter what TAB does, the punters won't punt if the industry continually comes under attack from animal cruelty and ethics which are gaining more momentum in todays society.

Keep Odds N Evens, though, right? :D
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Re: Horse Racing Tips & Discussion

Postby Oaksnaf » Tue Nov 12, 2019 2:12 pm

Haha, I can't keep up with all the options. Just wipe half of them.
Keep Win/Place/Quin/Exacta/Tri/F4 DAily Double/Quaddie. Do we need anything else really?
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Re: Horse Racing Tips & Discussion

Postby mighty_tiger_79 » Tue Nov 12, 2019 2:23 pm

Surely the Any2 stays!

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Re: Horse Racing Tips & Discussion

Postby Lightning McQueen » Tue Nov 12, 2019 2:34 pm

mighty_tiger_79 wrote:Surely the Any2 stays!

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Old fella at the pub swears by these.
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Re: Horse Racing Tips & Discussion

Postby Booney » Thu Nov 14, 2019 3:48 pm

Lightning McQueen wrote:
mighty_tiger_79 wrote:Surely the Any2 stays!

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Old fella at the pub swears by these.


Don't mind an Any 2 myself. One of the top 2 or 3 on the tote and a $12-15 shot that's got a good draw.
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Re: Horse Racing Tips & Discussion

Postby Brodlach » Sat Nov 16, 2019 9:19 am

You backing up on Sound today @Spargo?
July 11th 2012....
Brodlach wrote:Rory Laird might end up the best IMO, he is an absolute jet. He has been in great form at the Bloods
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Re: Horse Racing Tips & Discussion

Postby Spargo » Sat Nov 16, 2019 9:57 am

Brodlach wrote:You backing up on Sound today @Spargo?

Should go well but it’s bloody short.
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Re: Horse Racing Tips & Discussion

Postby Brodlach » Sat Nov 16, 2019 10:08 am

Spargo wrote:
Brodlach wrote:You backing up on Sound today @Spargo?

Should go well but it’s bloody short.

Wasn’t far behind the winner in the Cup only 4 lengths
July 11th 2012....
Brodlach wrote:Rory Laird might end up the best IMO, he is an absolute jet. He has been in great form at the Bloods
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Re: Horse Racing Tips & Discussion

Postby Spargo » Fri Nov 22, 2019 9:36 am

Legendary bookmaker Bill Waterhouse has passed away.
He was 97.
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Re: Horse Racing Tips & Discussion

Postby helicopterking » Mon Nov 25, 2019 11:18 am

My horses getting around today
Ballina
R1#6
R4#11

Both good EW chances
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Re: Horse Racing Tips & Discussion

Postby Brodlach » Mon Nov 25, 2019 1:23 pm

1 winner, 1 to go!
July 11th 2012....
Brodlach wrote:Rory Laird might end up the best IMO, he is an absolute jet. He has been in great form at the Bloods
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Re: Horse Racing Tips & Discussion

Postby helicopterking » Mon Nov 25, 2019 6:54 pm

You Little Rippa.
The Forum might have its new headline act.
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Re: Horse Racing Tips & Discussion

Postby Brodlach » Fri Nov 29, 2019 4:56 pm

LHM $18 @Lightning McQueen
July 11th 2012....
Brodlach wrote:Rory Laird might end up the best IMO, he is an absolute jet. He has been in great form at the Bloods
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Re: Horse Racing Tips & Discussion

Postby mal » Fri Nov 29, 2019 8:05 pm

30/11
Morphettville R4-7 DOUBLE BLUE
Wont be hard finding this one in the run
Jockey Todd Parnells colours look a bit like a Sturt SANFL Guernsey with stars in the front chest area
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Re: Horse Racing Tips & Discussion

Postby Spargo » Fri Nov 29, 2019 8:15 pm

mal wrote:30/11
Morphettville R4-7 DOUBLE BLUE
Wont be hard finding this one in the run
Jockey Todd Parnells colours look a bit like a Sturt SANFL Guernsey with stars in the front chest area

No doubt it’ll be a front runner...
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Re: Horse Racing Tips & Discussion

Postby Lightning McQueen » Sat Nov 30, 2019 10:20 am

Brodlach wrote:LHM $18 @Lightning McQueen

Yeah, I’ll have a dabble each way and exotics, hard to gauge first up, his brothers and sisters have excelled as 4 year olds, hopefully he follows suit.
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Re: Horse Racing Tips & Discussion

Postby Lightning McQueen » Sat Nov 30, 2019 10:31 am

In to 13’s now @Brodlach
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Re: Horse Racing Tips & Discussion

Postby mighty_tiger_79 » Sat Nov 30, 2019 3:04 pm

Spargo wrote:
mal wrote:30/11
Morphettville R4-7 DOUBLE BLUE
Wont be hard finding this one in the run
Jockey Todd Parnells colours look a bit like a Sturt SANFL Guernsey with stars in the front chest area

No doubt it’ll be a front runner...
Its a shame it ran 2nd.

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