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I've started a few threads bagging this lot, now it's official.......I must confess I had a really good thing going arbing on the Kiwi gallops till they shut me down 
no wonder liquidity on NZ, especiallyt trotting is non existent now
on the bright side I get to sleep in a lot more now.........
'Arbitraging' bets banned
The TAB has admitted for the first time they are banning what they believe to be professional punters from betting fixed odds with them.
But they are adamant that won't affect normal punters, even those who regularly win betting on fixed odds.
The Herald has learned TAB bookies were recently told to cull fixed odds punters who they suspected were using their service for professional or semi-professional arbitrage.
While few New Zealand punters understand that concept or have even heard of it, it is simply punters taking odds with the New Zealand TAB and then off-laying them at a lesser dividend on a betting exchange, like Betfair.
For example, the New Zealand TAB may have the Reds at $4 playing the Crusaders because of parochial local money but there may be punters on exchanges overseas willing to back them at $3.75.
Professional punters will take the $4 with the TAB for the Reds, then let another punter back the Reds at $3.75 and can't lose because even if the Reds do the second person covers their bet, and if the Reds win they pocket the difference in profit.
Arbitrage is common in bigger and more sophisticated betting markets than New Zealand and many professional punters have computer programmes, called robots, loaded to seek out just such anomalies.
These are the punters the TAB is looking to stop betting fixed odds with them, says the face of bookmaking Mark Stafford.
"Yes, we have been told to explain to some of these people that we will no longer take fixed odds bets from them but we are talking about a very small number," said Stafford.
The Herald understands through other sources there could be fewer than 20 punters affected.
"Basically, these are professional punters, often using robot programmes, and we are not going to let them use us for arbitrage, simple as that.
"It has been going on for a while and it is not fair to us or the regular punter who simply wants to back their opinion against ours."
While the idea of the national betting agency with the slogan "You knows the odds, now beat them" shutting some punters out will cop plenty of criticism, the practice of banning punters is commonplace with most overseas bookmaking firms.
There are countless punter horror stories of corporate bookmakers banning punters after just one or two successful bets, but it is rare for a major TAB, although most restrict the bet size of regular, large winning punters.
But Stafford says winning punters who the TAB do not suspect of using their odds for arbitrage will still be able to get on, although some of the bets are restricted in how much they are allowed to win.
"We have one gallops punter who basically wins every week with us but we think he is doing his own form and not laying off our odds overseas so he is allowed on," said Stafford.
"He is restricted to how much his bets are allowed to win, because we are, after all, a business, but he is fine with that.
"I know some people might paint this in a bad light but professional punters tend to understand this is standard practice around the world.
"But this isn't going to be a factor for anybody who isn't gambling right at that professional level."
Stafford says while one punter who was banned from fixed odds betting had his TAB account closed for all betting, that was re-opened.
"We won't be stopping anybody from betting on the tote with us, this will simply be for fixed odds and only if we are confident they are arbitraging."
Because New Zealand racing pools don't generally create a lot of liquidity on exchanges like Betfair, the main target for professionals would be major sports like soccer, rugby, cricket and Australian racing.
no wonder liquidity on NZ, especiallyt trotting is non existent now
on the bright side I get to sleep in a lot more now.........
'Arbitraging' bets banned
The TAB has admitted for the first time they are banning what they believe to be professional punters from betting fixed odds with them.
But they are adamant that won't affect normal punters, even those who regularly win betting on fixed odds.
The Herald has learned TAB bookies were recently told to cull fixed odds punters who they suspected were using their service for professional or semi-professional arbitrage.
While few New Zealand punters understand that concept or have even heard of it, it is simply punters taking odds with the New Zealand TAB and then off-laying them at a lesser dividend on a betting exchange, like Betfair.
For example, the New Zealand TAB may have the Reds at $4 playing the Crusaders because of parochial local money but there may be punters on exchanges overseas willing to back them at $3.75.
Professional punters will take the $4 with the TAB for the Reds, then let another punter back the Reds at $3.75 and can't lose because even if the Reds do the second person covers their bet, and if the Reds win they pocket the difference in profit.
Arbitrage is common in bigger and more sophisticated betting markets than New Zealand and many professional punters have computer programmes, called robots, loaded to seek out just such anomalies.
These are the punters the TAB is looking to stop betting fixed odds with them, says the face of bookmaking Mark Stafford.
"Yes, we have been told to explain to some of these people that we will no longer take fixed odds bets from them but we are talking about a very small number," said Stafford.
The Herald understands through other sources there could be fewer than 20 punters affected.
"Basically, these are professional punters, often using robot programmes, and we are not going to let them use us for arbitrage, simple as that.
"It has been going on for a while and it is not fair to us or the regular punter who simply wants to back their opinion against ours."
While the idea of the national betting agency with the slogan "You knows the odds, now beat them" shutting some punters out will cop plenty of criticism, the practice of banning punters is commonplace with most overseas bookmaking firms.
There are countless punter horror stories of corporate bookmakers banning punters after just one or two successful bets, but it is rare for a major TAB, although most restrict the bet size of regular, large winning punters.
But Stafford says winning punters who the TAB do not suspect of using their odds for arbitrage will still be able to get on, although some of the bets are restricted in how much they are allowed to win.
"We have one gallops punter who basically wins every week with us but we think he is doing his own form and not laying off our odds overseas so he is allowed on," said Stafford.
"He is restricted to how much his bets are allowed to win, because we are, after all, a business, but he is fine with that.
"I know some people might paint this in a bad light but professional punters tend to understand this is standard practice around the world.
"But this isn't going to be a factor for anybody who isn't gambling right at that professional level."
Stafford says while one punter who was banned from fixed odds betting had his TAB account closed for all betting, that was re-opened.
"We won't be stopping anybody from betting on the tote with us, this will simply be for fixed odds and only if we are confident they are arbitraging."
Because New Zealand racing pools don't generally create a lot of liquidity on exchanges like Betfair, the main target for professionals would be major sports like soccer, rugby, cricket and Australian racing.
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That's fair enough too. I was banned from Aldi the other day because I bought cheaper bread than Coles.
it's a restraint of trade IMO.....how ya supposed to make a living with a very limited skill set
last race in Auckland $43.20 matched......to say Kiwi trot punters have failed to embrace Betfair is an understatement!
The way the NZ TAB has referred to "professional punters" suggests they are a lower species than regular punters.
When you consider there are some TABs who encourage professional punters to bet with them with generous rebates, you have to think there are two classes of professional punters, good and bad.
When you consider there are some TABs who encourage professional punters to bet with them with generous rebates, you have to think there are two classes of professional punters, good and bad.
Why do these people hate arbitrage punters so much? People buy cans of coke from Woolies for 50c and sell them in their shops for $2.50. Woolies doesn't care.
agree trotlover.....they don't like arbers because they don't do form or have an opinion = SAYS WHO???
because you arb you're going to be in front with bookies?????
when you're arbing you don't want them to win too often because you will be barred for having a winning account
they're cutting off their nose to spite their face
I know I've posted this before but I used to put all kinds of bets on the NZ TAB and turn over quite a bit with them
my current balance is $0 and they can get stuffed.....it's their loss
you get stung by the bank in currency conversion fees and they take an age to transfer the $$$ to your bank any way
dumb arse kiwi's
because you arb you're going to be in front with bookies?????
when you're arbing you don't want them to win too often because you will be barred for having a winning account
they're cutting off their nose to spite their face
I know I've posted this before but I used to put all kinds of bets on the NZ TAB and turn over quite a bit with them
my current balance is $0 and they can get stuffed.....it's their loss
you get stung by the bank in currency conversion fees and they take an age to transfer the $$$ to your bank any way
dumb arse kiwi's
"many professional punters have computer programmes, called robots, loaded to seek out just such anomalies"
I think you'll find they're called BOTS Mick Gurkin and as far as I know there are no bots that will put fixed odds bets on with the NZ TAB
I think you'll find they're called BOTS Mick Gurkin and as far as I know there are no bots that will put fixed odds bets on with the NZ TAB
Yes but why do they refuse bets from arbitrage punters? Surley if their % is correct they will still make a profit. What an arbitrage punter subsequently bets on is none of their business?
I agree, if they concentrated on getting their odds right in the first place then the arbs that appear should still work in their favour in the long run. But some of their so called arbs are in fact actually just blatantly bad odds setting on their behalf.
eg on the AFL this season they've offered odds on the total points. Bet365, centrebet, sportsbet etc might bring the line in from 185.5 to 165.5 if there's rain around, but NZ TAB don't move their line, they'll leave it at 185.5. I'd see the value and hit it. Sometimes I'd put over $5,000 on before they'd move the line. Most of the time they'd eventually bring the line in, but sometimes they wouldn't even bother at all. I'm not an arber, I'm definately not a professional punter and I sure as **** don't run any robots. Surely if they're so worried about so called arbers then they should put more effort into setting the odds than that?
This has occurred in numerous other markets aswell, but I've noticed they've tightened up their AFL markets considerably in the last 2 weeks.
eg on the AFL this season they've offered odds on the total points. Bet365, centrebet, sportsbet etc might bring the line in from 185.5 to 165.5 if there's rain around, but NZ TAB don't move their line, they'll leave it at 185.5. I'd see the value and hit it. Sometimes I'd put over $5,000 on before they'd move the line. Most of the time they'd eventually bring the line in, but sometimes they wouldn't even bother at all. I'm not an arber, I'm definately not a professional punter and I sure as **** don't run any robots. Surely if they're so worried about so called arbers then they should put more effort into setting the odds than that?
This has occurred in numerous other markets aswell, but I've noticed they've tightened up their AFL markets considerably in the last 2 weeks.
Just an excuse for them to ban winning punters, they don't care if they are arber's or not!..........................oh, and by the way they cant control the arbs by setting their odds better or more form work because they simply don't have any control over how the other 3000 bookies setting their odds. All betting outlets now think that the way to win is just ban every one than has a credit winning balance with them over a period of time. thus making the word BOOKMAKER a redundant word in the new age of gambling
I concur log smoker.....it's all about banning winners
this is the sheer stupidity of it......I was arbing with them for nearly a year mainly on the kiwi gallops
most of the horses I was arbing on would lose = they make money obviously
they were more than happy to take my bets to a liability of up to $5K......everyone's happy, I'm making money and they're making money
then disaster struck and I had 4-6 weeks where too many won
I'll bet they had no idea I was arbing because it went on for so long......to them I became a "winner" = GAME OVER
it's just moronic that they would have someone arbing and losing with them and ban them
what business turns away profitable customers?????
I'm embarrassed I was born in NZ thanks to these braindead pretenders
this is the sheer stupidity of it......I was arbing with them for nearly a year mainly on the kiwi gallops
most of the horses I was arbing on would lose = they make money obviously
they were more than happy to take my bets to a liability of up to $5K......everyone's happy, I'm making money and they're making money
then disaster struck and I had 4-6 weeks where too many won
I'll bet they had no idea I was arbing because it went on for so long......to them I became a "winner" = GAME OVER
it's just moronic that they would have someone arbing and losing with them and ban them
what business turns away profitable customers?????
I'm embarrassed I was born in NZ thanks to these braindead pretenders
and often I wouldn't be arbing, I'd actually be backing something because they would be so slow reacting to something shortening everywhere else
bunch of amateur halfwits with NFI trying to ban anyone who is too sharp for them (which isn't hard!!)
bunch of amateur halfwits with NFI trying to ban anyone who is too sharp for them (which isn't hard!!)
this pretty much sums up the situation with betting agencies in general.....winning is not "normal"......all they want is those having a flutter and a few beers and donating money to them.....
The TAB has admitted for the first time they are banning what they believe to be professional punters from betting fixed odds with them.
But they are adamant that won't affect normal punters, even those who regularly win betting on fixed odds.
The TAB has admitted for the first time they are banning what they believe to be professional punters from betting fixed odds with them.
But they are adamant that won't affect normal punters, even those who regularly win betting on fixed odds.
it was hardly by choice loggie although I can think of a lot worse places to be born
at least you can actually catch a plane to Australia, not some leaky boat thank god
at least you can actually catch a plane to Australia, not some leaky boat thank god
VK you're wrong, they can't possibly make a profit in the long run taking arb bets as it's their odds that are wrong, you even admit this. Your bets will eventually be a guaranteed profit and you know it. Sadly their solution is to ban arb bets instead of pricing markets more accurately.
translation:
'if we can't back the horse we have layed with you to either cover or make a profit you'l be banned'
Open another account - Problem solved
'if we can't back the horse we have layed with you to either cover or make a profit you'l be banned'
Open another account - Problem solved
Charkitz I get what you are saying but I don't bet on sport only racing and pacing.....I would say in my case it's not a question of their odds being "right or wrong", the only thing that mattered was if I could lay something under the odds they were offering.....on the vast majority of NZ races they were the only agency offering fixed odds.....obviously you are going to make a profit if the horse wins or loses.....ideally enough lose that you don't get banned.....I was just unlucky that too many won all of a sudden.....if odds/probability are "right or wrong" is a gray area IMO.....yes their odds maybe be considered "wrong" if they are better than other agencies betting on the same event.....when betting on Australian races they are often slow to react to one that shortens elsewhere which becomes a "value bet" not an arb......I bet with a Scatter Gun, arb, trade, back or lay....all depends what opportunities arise.....that's the beauty of Betfair = you just never know what odds people are going to give or take
You're right in saying they're slow when odds shorten at other bookies, it happens with sports too, sometimes the so called arb will sit there for hours. The part I can't understand is why they can't price their markets more diligently, surely they'd only need to employ 1 or 2 extra people to keep an eye on this.
The once mighty Tabcorp are heading in the same direction......
Perhaps any TAB or BOOKIE setting odds for fixed betting should declare how much they will stand a horse, dog, or any sporting event before the markets go up (as the on-course bookies have to).
So if I like one at Belmont, Flemington etc, I know that with TAB FIXED ODDS I can bet on my fancy to win say $8,000.00, at any odds (an even $8,000 or $1,000 at odds of $9) knowing that I will get set.
If I fancy one at Wentworth Park I should be able to get set to win say $3,000.00, or $4,000.00 at Melton.
Then alter the maximum for the Provincial and Country meets accordingly.
Let the punters on and what they (TAB or BOOKIE) do after that is their business. I have heard of BOOKIES barring punters for not paying, but to bar them for being clever at what they do is boardering on criminal. Very much one way traffic with some of these TAB's (pretend bookies).
It mentions that they aren't barring these punters from pari-mutual beeting, only fixed-odds. How brave of them knowing that almost 20% in win and place bets is kept to pay their business overheads and over payed CEO's.
The TAB has always wanted to try their hand at Bookmaking and had they stood alongside and worked next to some of the TRUE BOOKIES of the past, they would have lasted only a handfull of meetings. Their attitude towards customers at times is nothing less than ferral.
So if I like one at Belmont, Flemington etc, I know that with TAB FIXED ODDS I can bet on my fancy to win say $8,000.00, at any odds (an even $8,000 or $1,000 at odds of $9) knowing that I will get set.
If I fancy one at Wentworth Park I should be able to get set to win say $3,000.00, or $4,000.00 at Melton.
Then alter the maximum for the Provincial and Country meets accordingly.
Let the punters on and what they (TAB or BOOKIE) do after that is their business. I have heard of BOOKIES barring punters for not paying, but to bar them for being clever at what they do is boardering on criminal. Very much one way traffic with some of these TAB's (pretend bookies).
It mentions that they aren't barring these punters from pari-mutual beeting, only fixed-odds. How brave of them knowing that almost 20% in win and place bets is kept to pay their business overheads and over payed CEO's.
The TAB has always wanted to try their hand at Bookmaking and had they stood alongside and worked next to some of the TRUE BOOKIES of the past, they would have lasted only a handfull of meetings. Their attitude towards customers at times is nothing less than ferral.
What happens if u just put it on at the shop, not on your account?
a lot of whinging going on here.
I guarantee you the betting landscape is a lot better now than it was 10 years ago.
I guarantee you the betting landscape is a lot better now than it was 10 years ago.
10 years ago the golden age of Betfair kicked off where you could trade to your hearts content......deal with less bots.........newbies to fleece.......bet in play on anything with IP hiding software.......no need to arb.......hardly needed any money in any other accounts.......no worries about getting chopped back our banned by pretend bookies........what a fantastic ride it was till it all went pear shaped with the PC, an explosion in smarter bots, more "smarties" etc.......it's much harder and a tedious chore trying to make money here now.......I'd turn the clock back 10 years in a heart beat
I agree with those sentiments. Also Tab pools were much bigger, especially for trifectas and quinellas.
The biggest blow for me, was Paddy Power's buyout of Mark Read's IAS.
The biggest blow for me, was Paddy Power's buyout of Mark Read's IAS.
Was betting fixed and pari-mutuel with them. Mainly fixed. They closed the account. Don't want pari-mutuel
business? Some smart operators in NZ.
business? Some smart operators in NZ.
Seems the NZ TAB's restriction/rejection of bets doesn't just apply to online accounts anymore. I've been getting on for large amounts at TAB outlets this year up until recently. Now all my bets automatically get referred to a trader and either get severely restricted or rejected altogether. Only a matter of time before Oz TAB follows suit and starts restricting and rejecting bets at TAB outlets too...
I'm guessing the fact that I place large bets on the same markets week in week out is a bit of a giveaway, especially on a sport that isn't very popular here.
Don't think they know who is placing the bets as such, but it wouldn't be that difficult for them to identify which outlets are taking the bets and restrict bets at those outlets only.
The way things are headed within two years nobody will be able to place a bet at TAB without either having to produce id or using a TAB card that identifies who's placing the bet. Winners won't be able to place a bet with anyone period. Not for a worthwhile amount anyway.
When Betfair introduced pc I like many others thought they were shooting themselves in the foot long term. But a few years down the track winners will only be able to punt at betfair, so it'll be either except 20,40,60 whatever % pc or give it up.
Even pinny will limit punters eventually, in the last month they've made changes to rollover rules and withdrawal fees etc to make life difficult for arbers etc, but soon enough they'll restrict the accounts of winners too.
Don't think they know who is placing the bets as such, but it wouldn't be that difficult for them to identify which outlets are taking the bets and restrict bets at those outlets only.
The way things are headed within two years nobody will be able to place a bet at TAB without either having to produce id or using a TAB card that identifies who's placing the bet. Winners won't be able to place a bet with anyone period. Not for a worthwhile amount anyway.
When Betfair introduced pc I like many others thought they were shooting themselves in the foot long term. But a few years down the track winners will only be able to punt at betfair, so it'll be either except 20,40,60 whatever % pc or give it up.
Even pinny will limit punters eventually, in the last month they've made changes to rollover rules and withdrawal fees etc to make life difficult for arbers etc, but soon enough they'll restrict the accounts of winners too.
And the silly thing is I don't even make money on the punt, but a few bets here and there sure as hell makes sport a bit more exciting to watch. And betting in small amounts doesn't cut it for me, I need to feel the win the loss.
In fact I'd hate to know how much money I've lost to the bookies over the years, would be even more if I wasn't always making sure I get the best price.
It just so happens I've been on an amazing run at NZ TAB recently and there response is to not let me on.
In fact I'd hate to know how much money I've lost to the bookies over the years, would be even more if I wasn't always making sure I get the best price.
It just so happens I've been on an amazing run at NZ TAB recently and there response is to not let me on.
So much for NZ TAB's motto of 'we set the odds, you beat them'. Lol
yeah a bit pessimistic mate.
TABS have total retail exclusivity, they aren't going to go to exorbitant lengths to inhibit the tiny amount of punters who might make some $s for the many who lose - the swings are small and their roundabouts are massive
They already have input exposure limits on all fixed odds betting so the punter who has a market edge is never going to take them for that much anyway
TABS have total retail exclusivity, they aren't going to go to exorbitant lengths to inhibit the tiny amount of punters who might make some $s for the many who lose - the swings are small and their roundabouts are massive
They already have input exposure limits on all fixed odds betting so the punter who has a market edge is never going to take them for that much anyway
Blooodey oath I'm pessimistic, it **** me! It may not be happening in Oz yet but I'm telling ya it's happening at New Zealand outlets now and it will eventually happen at Oz TAB outlets too. It's called greed
Has anyone thought about going to the ACCC and complaining about Tabcorp advertising a product (Fixed Odds) at an advertised price, and then refusing to sell that product (Fixed odds) at the advertised price.
As a general rule, suppliers have the right to choose who they wish to deal with and there are many reasons why a supplier may refuse to supply goods or services.
Bricklayer - A bookmaker's displayed price is like an invitation to treat in contract law, ie it is not an offer. You then offer the bet. If they accept your offer you have a contract, but they are not bound by law to accept your offer.
I think this is confusing for some people. I am not certain what effect false advertising regulations have on this, but I doubt a bookmaker can be cornered under these sort of regulations because it is understood by all the bookmakers' prices are dynamic depending on all sorts of changing factors.
I think this is confusing for some people. I am not certain what effect false advertising regulations have on this, but I doubt a bookmaker can be cornered under these sort of regulations because it is understood by all the bookmakers' prices are dynamic depending on all sorts of changing factors.
My point is that Tabcorp is refusing to sell say a $200 bet at 5.00 to the person at the front of the queue, but will then sell that $200 at 5.00 to the next person in the queue.
I can see why you would look at it that way Bricky.
I think the more correct legal way to look at it is the TAB reject the offer of a bet from one person and then accept a similar offer from another person.
If you were selling a property, and you were asking $500k, and one person offered you $500k and you rejected the offer and another person comes along and offers you $500k on exactly the same terms, and you accept the second offer, will the law hold you to the accepting the first offer?
The answer is no.
Where I think punters have the law more on their side than some realise is that if the bookmaker does accept your bet, regardless of whether the bookmaker feels they have made an error in price or the bet can be voided based on some term or condition buried on their website, you should have an enforceable contract out of which the bookmaker cannot wriggle.
I think the more correct legal way to look at it is the TAB reject the offer of a bet from one person and then accept a similar offer from another person.
If you were selling a property, and you were asking $500k, and one person offered you $500k and you rejected the offer and another person comes along and offers you $500k on exactly the same terms, and you accept the second offer, will the law hold you to the accepting the first offer?
The answer is no.
Where I think punters have the law more on their side than some realise is that if the bookmaker does accept your bet, regardless of whether the bookmaker feels they have made an error in price or the bet can be voided based on some term or condition buried on their website, you should have an enforceable contract out of which the bookmaker cannot wriggle.
If they atleast had the balls to do their own form instead of just following what price the Oz TAB has then you could perhaps have a little sympathy for them. But as it is they're just getting greedier and greedier, much like the corps in Oz.
Eg, earlier this season TAB NZ introduced live head to head betting on AFL matches. The first game they did, Brisbane v Richmond, if Brisbane scored a goal Richmonds odds would come in and Brisbanes odds would go out. If Richmond scored a goal Brisbanes odds would come in and Richmonds odds would go out. THEY DIDN'T EVEN KNOW WHICH TEAM WAS WHICH!! FFS. Then after 30 seconds or so after each goal the odds would correct themselves and replicate exactly what Centrebet had.
So they're introducing markets on sports that they know sfa about and if somebody hits a line that they've got wrong, instead of employing someone who knows what they're doing they ban the customer lol. Greed greed greed
Eg, earlier this season TAB NZ introduced live head to head betting on AFL matches. The first game they did, Brisbane v Richmond, if Brisbane scored a goal Richmonds odds would come in and Brisbanes odds would go out. If Richmond scored a goal Brisbanes odds would come in and Richmonds odds would go out. THEY DIDN'T EVEN KNOW WHICH TEAM WAS WHICH!! FFS. Then after 30 seconds or so after each goal the odds would correct themselves and replicate exactly what Centrebet had.
So they're introducing markets on sports that they know sfa about and if somebody hits a line that they've got wrong, instead of employing someone who knows what they're doing they ban the customer lol. Greed greed greed
THEY DIDN'T EVEN KNOW WHICH TEAM WAS WHICH!!
That sounds like one of those once in a lifetime windows of opportunity.
Unfortunately you'd get your account closed if you took advantage of it. Fancy that. Banned for having "inside information" on which team was which
That sounds like one of those once in a lifetime windows of opportunity.
Unfortunately you'd get your account closed if you took advantage of it. Fancy that. Banned for having "inside information" on which team was which
Lol Phil
Yes anyone with an unrestricted account could have made thousands. It would have been worth getting banned just for that one game. At one stage early in the 3rd quarter when Brisbane kicked a crucial goal they went out to $15 at NZ TAB, whilst they were $4 to lay at betfair...
Opportunities have dried up lately though, it seems they've since done their homework on the colours each team wears
Yes anyone with an unrestricted account could have made thousands. It would have been worth getting banned just for that one game. At one stage early in the 3rd quarter when Brisbane kicked a crucial goal they went out to $15 at NZ TAB, whilst they were $4 to lay at betfair...
Opportunities have dried up lately though, it seems they've since done their homework on the colours each team wears
Wont affect me with my $5 and the odd $10 splurge. But really if someone buys something like a bet and sells it for more, cant see a problem. Thats good business.
http://www.stuff.co.nz/national/10416886/Punter-fumes-at-TAB-muzzle
This article re NZ TAB banning punters has attracted a lot of interest in Kiwiland... There's a lot of outrage over here in the general public re this practice, whereas in Oz it just seems to be accepted...
This article re NZ TAB banning punters has attracted a lot of interest in Kiwiland... There's a lot of outrage over here in the general public re this practice, whereas in Oz it just seems to be accepted...
Yes it took a high profile punter for the paper to write a story on it. But it's becoming common knowledge over that the NZ TAB won't have a bar of you if you have a clue.
There's also an interesting discussion on it here...
http://www.racechat.co.nz/horse/showthread.php?67689-More-Good-press-for-the-TAB
There's also an interesting discussion on it here...
http://www.racechat.co.nz/horse/showthread.php?67689-More-Good-press-for-the-TAB
Aug 29, 2014 -- 7:16AM, Charkitz wrote:
http://www.stuff.co.nz/national/10416886/Punter-fumes-at-TAB-muzzleThis article re NZ TAB banning punters has attracted a lot of interest in Kiwiland... There's a lot of outrage over here in the general public re this practice, whereas in Oz it just seems to be accepted...
probably fair to say that a lot of the comments from ppl about the restrictions is from ppl who dont know how some of these sites work..........the nz tab aint alone in this practice,i think the restrictions were just for fixed odds racing, nothing else.
No they're for fixed odds sports aswell.
They don't know anything about any sports so instead of doing their own work and framing their own markets they find it easier to ban/restrict punters. If they need to copy odds from the Oz corps to frame a market, which they do, then they shouldn't be offering those markets in the first place
They don't know anything about any sports so instead of doing their own work and framing their own markets they find it easier to ban/restrict punters. If they need to copy odds from the Oz corps to frame a market, which they do, then they shouldn't be offering those markets in the first place
one thing the tab does offer are big pick6 , or quaddies or triple trio, now i may be mistaken but i dont think a lot of other places do this , i may be wrong , correct me if i am wrong.
but i would say that the betting options for some soccer matches offering just win draw or lose is a bit thin to be honest.
apparently an 80yo Greyhound punter turned $5.0 into $110K on an eight leg multi.....well done grandpa if it's true
personally from my own experience I find it very hard to believe the way they w@nk on about taking $10K plus bets
or having such a big liability as they only welcome mugs and fools with that much cash aint gunna be flush for long
pic.twitter.com/7KVXtcNeQP
personally from my own experience I find it very hard to believe the way they w@nk on about taking $10K plus bets
or having such a big liability as they only welcome mugs and fools with that much cash aint gunna be flush for long
pic.twitter.com/7KVXtcNeQP
Mike they offer soccer markets from all over the world, Costa Rica, Bolivia, Guatemala, wherever...
But like most other sports they know nothing about them so just copy the odds from Centrebet or Bet365. Albeit at much lower odds, if Bet365 offer $2.7 for team A and $1.50 form team B, NZ TAB will offer $2.50 for team A and $1.40 for team B lol
And be very careful betting live with NZ TAB. They mostly wait 20 seconds or more before deciding whether to accept your bet. If you place a bet on team A and team A scores whilst the bet is processing the bet will be rejected. If team B scores whilst the bet is processing your bet will be accepted instantly!
Back when I was able to bet with them I once had a bet that took them over a minute to process, they eventually accepted it once the other team scored. DOG ACT
But like most other sports they know nothing about them so just copy the odds from Centrebet or Bet365. Albeit at much lower odds, if Bet365 offer $2.7 for team A and $1.50 form team B, NZ TAB will offer $2.50 for team A and $1.40 for team B lol
And be very careful betting live with NZ TAB. They mostly wait 20 seconds or more before deciding whether to accept your bet. If you place a bet on team A and team A scores whilst the bet is processing the bet will be rejected. If team B scores whilst the bet is processing your bet will be accepted instantly!
Back when I was able to bet with them I once had a bet that took them over a minute to process, they eventually accepted it once the other team scored. DOG ACT
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