Skip to main content

Betfair and Sportingbet take on NSW government

About time too. The ridiculous protectionist advertising laws in NSW are being taken to task in the Federal Court. Read the story here from the Virtual Formguide.

What's the betting on NSW getting embarrassed like the WA Govt just a few months ago??
Labels:

Comments

  1. Sportingbet are a terrible company who deserve no day in court for anything anyone else does.

    Rather sadly, Betfair don't have many marketing scruples are going the same way when it comes to treating all punters fairly without waffling on about advantage players having the audacity to beat the house.

    ReplyDelete

  2. The legislation is unconstitutional, and the govt have relied on Australian bookmakers being too small to contest it in a Federal Court. This case, as a sequel to the Betfair v WA case, has the potential to change the landscape of Australian wagering forever, and for the good of punters.

    ReplyDelete

  3. I guess it takes firms with deep pockets to better things for the punter somewhat, admittedly in the pursuit of more profits for deep pockets.

    I just have a bit of a problem being grateful, when these big firms are allegedly (imo) ripping off the little guy.

    ReplyDelete

Post a Comment

Thanks for your comments, but if you're a spammer, you've just wasted your time - it won't get posted.

Popular posts from this blog

lay the field - my favourite racing strategy

Dabbling with laying the field in-running at various prices today, not just one price, but several in the same race. Got several matched in the previous race at Brighton, then this race came along at Nottingham. Such a long straight at Nottingham makes punters often over-react and think the finish line is closer than it actually is. As you can see by the number of bets matched, there was plenty of volatility in this in-play market. It's rare you'll get a complete wipe-out with one horse getting matched at all levels, but it can happen, so don't give yourself too much risk...
32 comments
Read more

Melbourne Cup preview

I was going to pen a lengthy analytical preview for the Race That Stops The Nation but that was rendered futile when I got the email notification for this magnificent piece of work - Andrew Hawkins' Complete Guide to the 2017 Melbourne Cup. For all the background, all the detail, video links, back stories (read the one about Tiberian especially), go there, you won't find a better analysis anywhere.

So instead I'll keep it short and sharp, which based on the lack of sleep I've had in the past week, can only be a good thing!

EMIRATES MELBOURNE CUP
AU$6 million
Group 1 Handicap, 3200m
Flemington
1500 local, 0400 GMT

1. HARTNELL - third last year when looked poised to win at top of straight. Has been 'running more like a two-miler' this prep according to trainer, but hasn't run beyond 2000m either. History isn't kind to horses coming back a second time to win (actually it's his third attempt) especially high in the weights. No.

2. ALMANDIN - defending champ an…
Post a Comment
Read more

Racing has a Ponzi scheme - and the fallout will be enormous

When the term 'Ponzi scheme' is mentioned these days, the names Bernard Madoff and Allen Stanford instantly spring to mind. The pair of them ran multi-billion dollar frauds (US$60bn and $8bn respectively) that destroyed the lives of thousands of investors who had put their life savings into a 'wonderful' investment strategy. How so many people were sucked into the scheme is baffling to those on the outside. The lifestyle, the sales pitch, the success stories of the early investors - I suppose it all adds up.

So where does this link to racing you ask? A prominent Australian 'racing identity' this week has been reported to have lost access to a bank account with punters' club funds of $194m in it. Firstly - is there a worse term for anyone to be labelled with that 'racing identity'? It ALWAYS ends up meaning shonky crook! Secondly - who the hell has a punters' club with an active bankroll in the tens of millions? It simply can't be done.

The…
10 comments
Read more