@time_taken_up@PUNTERIQ@snowyclark@Racing Punters foot the bill. At least try and hold some integrity, accountability and protection from your corp sponsors to your racing customers. Without the punters the clubs don't exist. Seems the tail is wagging the dog.
@PUNTERIQ@snowyclark@Racing Always bewildered me why the same corporates who ban/restrict and limit us punters, are then welcomed with open arms to sponsor race clubs etc. Why doesn't the industry make them accountable for their customers and if corps don't play fair they can't be sponsors?
@SmokinJo21 Forceful and deliberate action through the shoulder charge motion. If this isn't a send off offence and an example of what the game is trying to protect with players welfare then what is? The shoulder charge action is what caused and created the head clash a probable consequence
@russelljm88@AussieBenC They offer all these incentives and money back returns but don't dare win utilising them or you get banned. It's actually their way of identifying a smart punter and separating the wheat from the chaff
@mgranig@AussieBenC I'm happy if they want to make different MBL amounts for All in markets compared to markets offered after acceptances. Should be easy to do.
@FindingTheta@AussieBenC Volume is low because prices are ridiculous. Make them all in markets, bigger prices as a result and they will get more volume.
@PUNTERIQ@puntingbattler The saying reverts to backing winners. Your example says they are backing 60% losers. If I only bet winners I dont go broke. Unrealistic yes. So profit comes from strike rate, dividends and Staking.
@J_Walter23@tabcomau Great post. Are the TAB also able to copyright their Tote dividends so other corporates can't use them as a product so if you want tote divs including exotics you have to bet into the tote pools itself ?
SERIOUS question for @tabcomau
The National Tote launch is apparently imminent, but merging three pools into one without changing the fundamental economics is just rearranging the deckchairs. If the product remains high-takeout and low-value, you are just building a bigger target for the Corporates.
The Reality: Fixed odds markets are sitting at 120%+. Betfair is being taxed into a corner. Punters are crying out for a fair place to bet, yet the Tote remains an afterthought due to 14.25% to 25% takeout rates.
The 10% Solution
Why isn't the National Tote launching with a legislated 10% flat takeout?
Instant Dominance: A 10% Tote becomes the best value product in the Australian betting marketplace. Liquidity returns because the "churn" actually allows punters to survive.
Corporates thrive by offering "Tote+" because your takeout is so high. At 10%, they cannot afford to top-dress your price without bleeding out. You reclaim your own product as the premium benchmark.
The Generational Cliff
The Hard Truth is that Younger punters aren't "loyal." They hunt for best prices, speed, and options. TAB is currently surviving on a "rusted-on" demographic that is aging out of the market. If the National Tote launches with the same old 14% to 25% handicap, it is DOA for anyone under 40.
A 10% takeout isn't a "loss," it is an invitation. 10% of a massive, thriving pool beats 15% of a ghost town every day of the week. This is the only way to attract a new generation that currently sees the Tote as a dinosaur with no value proposition.
The Final Boss
End the Rebate Shadow-Economy: Stop subsidising a few select "whales" with back-room deals. Transparency creates trust, and trust creates liquidity.
Where is the lobbying? To get to 10% the TAB needs to stop being a passive tax collector and start being an advocate for the product. They should be petitioning State Governments to overhaul the legislative takeout structures that are currently choking the life out of the Tote.
The argument to Treasurers is simple: You are taxing a dying pool. Total tax revenue is on a slide to zero. 10% of a massive, thriving, high-turnover National Tote provides more for the industry and the state than 15% of a product that younger generations refuse to touch.
Is the National Tote a survival strategy, or a managed decline for the benefit of Corporate Bookmakers? If you just merge three weak pools into one, you aren't solving the problem, you are just making the exit more visible.
Be bold. Drop the rate. Reclaim the market. ๐๐จ
#NationalTote #Wagering #Punting #TheGreatGame #TAB
@AiPunting@boostar83 Why are people using "bowlers"? Because bookies won't take decent bets so people have to use other accounts to get the same amount on. If bookies put up a price then let's have really decent MBL.
@tabcomau@tabcomau@tabcomaumedia The scratching of Aeliana has reduced the queen Elizabeth stakes to field of 7 but the TAB information indicates that the tote placings will still pay 3 ToTe place dividends is that correct?