try a new record, idiot

Same fool, same tired argument.

Robert Nason, the muppet who can't handle the concept of competition, is at it again...

Bookies bleed the bush

What he conveniently fails to mention is the sponsorship now open to corporate bookies (at least in Victoria because NSW still has legislation or a contract banning it) which doesn't count in the funding pot, and the fact that these corporate bookies are actually some of the biggest customers of the TABs! If you simply cut off the corporates, it will not mean all the money goes straight across to the tote pool directly. Competition builds interest in the sport. Australia will never be a monopoly like Hong Kong. A better analogy would be New Zealand where prizemoney is pitiful and any decent horse or jockey moves to Australia. High takeouts means punters lose money quicker. If you bleed the punters dry, then they can't bet next week or next month. And that has to be worrying during a worldwide recession.

When is someone going to hold this muppet accountable for his habitually-flawed rants? This is the same fool who wanted to cancel the spring carnival so that Betfair couldn't make every race corrupt, wanted to ban UK horses because Betfair is licensed over here, he introduced the Duet bet type because his 50c punter mother liked it, and slammed me personally in the papers because I dared to say that Australia has way too much lower-class racing. Exactly which business school did he get his qualifications from? A packet of Kellogg's Corn Flakes??

Comments

It's all gone Pete Tong at Betfair!

The Christmas Hurdle from Leopardstown, a good Grade 2 race during the holiday period. But now it will go into history as the race which brought Betfair down. Over £21m at odds of 29 available on Voler La Vedette in-running - that's a potential liability of over £500m. You might think that's a bit suspicious, something's fishy, especially with the horse starting at a Betfair SP of 2.96. Well, this wasn't a horse being stopped by a jockey either - the bloody horse won! Look at what was matched at 29. Split that in half and multiply by 28 for the actual liability for the layer(s). (Matched amounts always shown as double the backers' stake, never counts the layers' risk). There's no way a Betfair client would have £600m+ in their account. Maybe £20 or even £50m from the massive syndicates who regard(ed) Betfair as safer than any bank, but not £600m. So the error has to be something technical. However, rumour has it, a helpdesk reply (not gospel, natur

Betdaq.... sold...... FOR HOW MUCH???

So as rumoured for a while, Ladbrokes have finally acquired the lemon, sorry, purple-coloured betting exchange, Betdaq. For a mind-boggling €30m as 'initial consideration'. That's an even more ridiculous price than Fernando Torres for £50m, or any English player Liverpool have purchased in recent seasons! As I've written previously there are no logical business reasons for this acquisition. from Nov 29, 2012 The Racing Post reported this week that Ladbrokes are nearing a decision to acquire Betdaq. This baffles me, it really does. Betdaq are a complete and utter lemon. Their only rival in the market has kicked so many own goals over the years with the premium charge, followed by an increase in the premium charge, cost of API and data use, customer service standards which have fallen faster than Facebook share value, site crashes and various other faults. So many pissed off Betfair customers, yet Betdaq are still tailed off with a lap to go. Around the world, Betfair

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...

Sport is made for betting

Search This Blog