Always back the horse named self-interest, son. It'll be the only one trying
We discussed the head to head betting rules of different bookmakers in an earlier article, but the real big question is this. Is head to head betting on Victorian races actually legal? The types of bets that can be placed on Victorian races are prescribed in the Club Bookmakers License Rules and in the Standard […]
We’ve noticed a number of people posting on social media recently their complains about having placed a ‘winning’ Head to Head bet on a horse race and not being paid. In each case the horse they backed finished well back in the field but beat the horse that they had backed it to beat home. […]
One of the great problems with corporate bookmaker licensing around Australia is that the bookies are allowed by the regulators to apply their own unique scale of deductions in the cases of a late scratching/s. This is unnecessary and unfair to punters – there should be a single national scale of deductions that is mandatory […]
Some recent carry on by heavyweight corporate bookmaker Sportsbet are a reminder to punters that you can’t put blind trust in your bookie, and that you always need to know the rules of the market that you are betting into to. The travails of a reader of ours who we will call Percy Punter to […]
Take a look at these crazy wild market fluctuations for the Eureka on Neds. Have you ever seen anything like it in your life? Miki To Success $4.80 out to $34.00. It has now in the past ten minutes firmed back in to $5.50. Bay Of Biscay $3.90 out to $9.00. Now $4.20. Sea The […]
Tabcorp shareholders are praising Gillon McLachlan and declaring him King after the release of its full financial year results sent the company’s share price rocketing to a 22 month high after closing the day at 88c, up from 37c a year ago. King Gil has seemingly miraculously turned a $1 360 million ($1.36 billion) loss […]
The battle for PointsBet has heated up over the past week, with offers and counter-offers flying left, right and centre. Japanese raider MIXI is offering $1.25 a share in PointsBet, paid in cash. Betr is offering the equivalent of somewhere between $1.30 and $1.40 (depending on the measure used), all of it paid in Betr […]
Story by The Guardian Australia A man who “binge gambled” $40,000 in an 11-hour session was awarded VIP status by the bookmaker BlueBet (now part of Betr) and assigned a dedicated personal manager who encouraged him to keep betting and took a cut of his losses. A regulator has found it wasn’t until the man […]
Story by guest columnist The Broker From the sidelines, it’s hard not to notice the explosion of bookmaker brands in the Australian market. By a rough count, there are now well over 130 licensed operators – a bewildering mix of corporates, boutique start-ups, and rebadged clones. On the surface, this might look like healthy competition. In […]
Story by guest columnist The Broker Racing’s Broken Model: Why VBA, ABA, NT and NSW Bookmakers Are Draining Industry Funds The backflip by Harness Racing SA (HRSA) on its $2,000 annual levy for bookmakers may have seemed like a small win for wagering operators. In truth, it exposed a much bigger flaw in Australian racing: […]
