Skip to main content

Tabcorp take naming rights for the 'Bool carnival but Grafton gets shafted


Warrnambool has to be one of the best racing carnivals (festivals for UK punters) in the world. About three hours south-west of Melbourne, the city of about 30,000 people more than doubles in size for three days of racing. It's also Australia's best mix of jumps and flat racing with the Grand Annual Steeplechase and the Galleywood Hurdle providing the spectacle with the Wangoom Handicap (feature sprint) and the Warrnambool Cup the flat features.

May Racing carnival cashed-up

As the battle for sponsors gets tougher in the current economic climate, betting firms have been stepping in since the archaic and restrictive sponsorship laws were rescinded. This time it is Tabcorp and Luxbet putting their name up in lights.

Meanwhile in NSW, the Grafton carnival. another great country race week, is missing a sponsor for the Ramornie Handicap. But no bookmaker can step in because of a trade restrictive agreement between Racing NSW and Tabcorp.

CRJC facing Ramornie crisis

Let's see if Tabcorp steps in to bail them out since all of their competitors are locked out...

Comments

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...

Gimcrack Stakes preview

The final day of the Ebor Festival has a great spread of races, and just one of them could be described as having a clear-cut favourite. A solid reward for anyone who can find a winner.

The 2yo feature of the day is the Gimcrack Stakes, and saddling up again for the preview is Darren Goodbody, @DarrenPGoodbody. You can read more of his work here.

----------------------

Irish Thoroughbred Marketing Gimcrack Stakes
Group 2, 6f, 2yo C&G
£220,000
1510 local 0010 AEST


What a week it has been on the Knavesmire, some impressive juveniles to keep on the note book especially Tasleet of William Haggas's and Wesley Ward's Acapulco who impressed me taking on older horses, but even though with the 29lb allowance he could not over come proven Group 3 winning sprinter Mecca's Angel.

Mark Johnston has not improved on his six percent average here at York and I have reservations that it is going to improve with Buratino or Ode the Evening. The Listed Woodcote Stakes and Group 3 Coven…

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…