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Racing NSW Board Acts To Give Punters A Fair Go
Racing NSW Board Acts To Give Punters A Fair Go
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Too early for any of that, and I would be more inclined to get people together to discuss with one of them doing any press or whatever. I have no desire to be "discovered" and have fame and glory thrown at me, pretty happy to just cruise along where I am.
 They are trying it on, as we knew they would. If RacingNSW don't do anything, then there is not really any point taking it further, and if they do, there also isn't a need. It at least needs to run its course a little before anything needs to be done. All we should really concentrate on for now, is making sure we fill out the complaints form and make ourselves available for any enquiries against them. |
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http://www.australiancompetitionlaw.org/law/pricediscrimination.html
Dawson Review chapter 4 (Trade Practices Act Review - reported 2003) The Committee observed that: "....Price discrimination may be anti-competitive or pro-competitive. Price discrimination will be anti-competitive when it is used to create a barrier to entry to the market or to force competitors from the market. On the other hand, price cutting, even if it is in favour of a large buyer and hence discriminatory, may be more pro-competitive than anti-competitive. It may engender competition from rival suppliers or in the market generally. As the Swanson Committee observed in 1976, it is price flexibility which is at the heart of competitive behaviour and a general prohibition against price discrimination would substantially limit price flexibility." Based on the above, under s 46 if a company (or group of companies) has substantial market power then they can offer a customer either their market price or a price better than their market price (discounted price) They cannot offer a customer a worse price than their market price Most of the corporate bookies would have substantial market power. You group all the companies together if they are related (so Ladbrokes or Will Hill you add all their companies market power together to determine if they have substantial market power) This is the general consumer law But in any case, Racing NSW has already stated that the bookie is supposed to offer you the market price to win 1K or 2K under the new licence terms. There are to be no tiered customers getting worse than the bookie's market price |
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Not that I want to help, but eventually they will work out that all they have to do is drop their prices by 50%, then offer their preferred customers a discounted rate, or in essence a better price.
Would be exactly the same result as now, except they would do it in reverse to achieve most likely a lawful rort. |
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Does this only apply to Australian residents?
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I believe it applies to any customer betting with a licensed bookmaker legally offering NSW racing. Not sure why it would only be Aus customers?
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It what I was told when I complained at being allowed less than £10 on a selection at Canterbury with a leading online firm.
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Which firm? No need for secrets here. Details.
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BJT
CentreBet, SportingBet and Tom Waterhouse which are all controlled by William Hill are running the two tier Betting Boards. A horse is 11.00 before you login, and after you login that horse is now 9.00. In other words, it cost you $100 to back that horse to win $1000 before you login. but after you login it cost you $125 to back that horse to win $1000. In other words, Myer is displaying a price of $100 for a dress in the shop window. After you enter the Myer store, the price for the same dress is now $125. I have already made a written complaint to the ACCC about this. |
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b365: Hello, welcome to bet365 live chat. How may I help you? Please include your four-digit security number if you want to talk about something specific to your account.
xxx: Hi I am trying to bet on race 7 Canterbury in NSW and I clicked bet max and it said the max I could bet is £10. b365: It appears that due to a trading decision, this is the maximum that you will be able to place on this race. xxx: What about the Racing NSW legislation that come in on September 1st 2014? b365: One moment please. b365: I will be right with you. b365: I have looked into this for you and this ruling only applies to customers residing in Australia. xxx: Are you 100% sure that this is the case? b365: Yes, I have looked into this for you. xxx: My understanding from their website is that applies to everyone betting using their race field. b365: I have looked into this and had it double checked and the ruling only applies to customers who reside in Australia due to their legislation. xxx: Thank you. Could you point me to a link where its says this only applies to Australian residents. b365: One moment please. b365: I'm sorry for the delay. I’ll be right with you. b365: I will be right with you. b365: I am speaking to the relevant department for you now. Please allow me 2-3 minutes. xxx: ok b365: In order to discuss this further, we will require that you call our customer services team on 08000 288 365. xxx: Who would I ask to speak to? b365: You can speak to any advisor in regards to this xxx. xxx: Could you just clarify with me that the new rules do not apply to non-Australian residents and that the max I can bet on NSW metro racing is £10? b365: The information I have is that it only applies to Australian residents however we would like to discuss this further with you over the telephone. xxx: I will check this with racing NSW. b365: Would you like to discuss this further via the telephone? xxx: If you are correct it appears there is a loophole in the may they issue approval holder status that they need to be made aware of. xxx: If its ok with you I would rather you emailed me a copy of this conversation. Telephone is not good for me as I cannot keep records. b365: Of course, I will email you this transcript. b365: I can arrange a callback for you if you wish? xxx: It also appears that bet365 have made its decision that this only applies to Australian residents. xxx: Thanks but no need at the moment. I need to check with NSW racing first. b365: No problem. b365: Is there anything else I can help you with today? xxx: no thank you b365: Thank you for contacting bet365 Live Chat today. xxx: thank you for your help. |
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lol, pretty much the same thing. Put their foot in it, then revert to phone so it isn't in writing.
http://www.racingnsw.com.au/site/_content/document/00001223-source.pdf Says nothing anywhere about where the customer is, resides, has been. Go through the process and fill out the complaint form. Little bit of a mission, but as signed documents, at least they are getting real complaints. |
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I have emailed NSW racing asking if it only applies to Australian residents. If they reply that it does not I will get back to the bookmaker and let them know the regulations.
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Wouldn't hold your breath. They will be busy going through complaints. Ring them and ask them to point you to the part that states that, and put in an official complaint.
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them, being bet365
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I have been speaking to George Khoury at Tabcorp today. He informs me that Tabcorp is complying with the new Minimum Bet Rule intoduced from 1st September 2014.
He also informs me that Tabcorp may refuse to accept any fixed price racing bet on New South Wales racing at its sole discretion and without stating reasons. I also basically get the same response from the Tabcorp owned LuxBet. It is blatantly obvious that Tabcorp and LuxBet are just playing for time. BetStar, Ladbrokes and Bookmaker are also just playing for time by asking its customers to re-submit their Identification Documentation. I have been banned from Fixed Odds at SportsBet, BetEzy and Bet365 for a long time. The have now fully complied with the Minimum Bet Rule on my account, enforcing my opinion that this law is enforseable. |
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so bet365 are offering you normal odds and letting you on?
Actually got a phone call from RacingNSW about 20 minutes ago. Whilst I won't go into details about the call, I can say that there appears to be lots of information for them to sift through, and they are actually sifting through it. |
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this is why racing NT dropped the minimum bet rule.......................to much work sifting thru the complaints, unless NSW fine all proven offenders to finance the complaint dept.
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Further update. UNIBET have just closed my account without notice. Unsure why (their wording of their reason) yet but be interesting to find out.
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But the new rules will not apply to cash bets placed in NSW TAB retail outlets because RacingNSW claims there are difficulties associated with the monitoring and processing of the transactions.
Under the terms of the minimum bet guidelines, wagering operators will not be able to close a punter’s betting account, refuse to accept a new account or restrict a punter to avoid complying with the new rules. http://www.heraldsun.com.au/sport/superracing/racingnsw-set-new-minimum-bet-guidelines-for-corporate-bookmakers-from-september-1/story-fnibcaa0-1226997815856 |
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Stupid forum, I meant....you are lucky, most people had their accounts closed by Unibet on Sunday so at least you got a few days out of them
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Update from Racing NSW:
The Standard Conditions which includes Clause 5.7 applies to Australian Wagering Operators who are Approved to Use of NSW Thoroughbred Race Field Information. If you are placing a bet with a licenced Australian Wagering Operator who is Approved by Racing NSW (http://www.racingnsw.com.au/site/_content/document/00001226-source.pdf) the Clause does apply regardless of the client’s location. You will need to clarify if your account is opened with Hillside (Australia New Media) Pty Ltd T/A Bet365. |
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lol not really. I was actually going through emails to find my details for them as I haven't been able to bet with them anyway. Was going to log in and take all my money out, and found an email from yesterday requesting my bank details to do just that as my account had been closed.. So now I have to put in a complaint against them if they can't prove why I was banned...
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Trouble is only Australian residents can open accounts with bet365 Australia.
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That shouldn't really matter
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I notice there's a note at top of Centrebets home page that says... Note: Prices are indicative only until login and may change before the bet is accepted
Never noticed it before, I assume it first appeared on September 1st |
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I doubt indicative pricing is legal
http://www.accc.gov.au/business/pricing/displaying-prices Prices displayed by a business must be clear, accurate and not misleading to consumers. You should always display the total price of a product or service |
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Anyone heard back from RacingNSW recently?
I heard back on day one but no answer to my follow up question of does this rule apply to bookmakers where they have a UK and Australian license but UK customers have to use the domestic website. Maybe RacingNSW is no longer operating? |
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I would imagine they are well up against it with a flood of emails and complaints to get through.
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Maybe RacingNSW is no longer operating?
They're all busy.... building an Ark  |
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Got a reply. Hopefully they will fill in the loophole....
Dear Mr Frog, Thank you for your advice. At present the Minimum Bet Limits are only applicable to Licensed Australian Wagering Operators under the Standard Conditions attached to the Australian Wagering Operators approval to use NSW Thoroughbred Race Fields. Racing NSW will be reviewing its position in respect to Minimum Bet Limits for overseas wagering operators who use NSW Thoroughbred Race Fields. ............... Are Australian punters now getting on no problem with the European owned Australian licensed firms?? |
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well come on boys, WHATS THE GO HERE, are you getting set on NSW racing or not????????????????????????????????????????????????????????????????
some input please!! |
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Maybe read ^^^^^?
Will Hill have a client based price to limit the want to get on with them. B365 appear to be playing the game, and the TABs. Unibet are cancelling accounts. Haven't bothered checking anybody else yet. |
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Surprised there is so little comment on this.
If this was the UK bookies having to lay to lose £1400 or £700 the industry would be revolutionised. |
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Frog
The vast majority of winning punters on this forum bet on Harness Racing, not Thoroughbred Racing. |
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And the vast majority of pigs fly backwards.
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I'm talking punters, not traders or arbers.
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Based on what figures?
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And either way, it bares no significance on anything being said.
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Given there's hardly anyone posting here anymore, you could probably count on one hand the amount of people on this forum it effects.
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