tabcorp

On the 17th January 2014, the NSW Racing Minister approved a rule change, that allowed TABCORP to ban anyone they wish from Fixed Odds on horses, trots or greyhounds.

In correspondence with Troy Grant (Racing Minister), I have found him to be pro TABCORP, and anti PUNTER.

most likely they've been getting stitched up on the Fixed Odds for a while as their markets are ridiculously open at certain points (not all thru their betting of course) and they must have no real functional "get-out plan" to offset their liabilities to a satisfactory level

as such anyone winning is likely now to be thought of as a potential bowler for the (original) stitch up teams (no jockeys in there of course ) and as such they have to ban them as they don't know whether they are independent players or not

BUT the reason a "money printing machine" ... like a totalisator ... would ever think to risk their capital on such a dangerous arena as "predicting" fixed odds before the event shows the problems besetting the industry from the Corps  ...  so tote based CEO bonuses & share dividends (to attract more suckers to buy into their newly public listed businesses) has left them with no alternative I guess but to mix it with the big boys

its a sickness that has pervaded financial institutions since the 80's ... and shows no signs of abating imo

the totes lost clients to the corps fixed odds game I guess and stupidly thought they could woo them back with their own version of fixed odds offerings

the Totes would have been better off like Mark R & Tom W etc and just sold their totes to the irish .. and let it all descend into nothingness quicker

   nice work if they did VLTU

Lankan moneypit

trouble is .. everyone else backing on the tote the same horse patterns as the stitch up guys are backing will get caught in the same net I imagine ... and a/c closed

I still can't understand why on course bookies don't see this opening ... phone bets (of unlimited amounts) by bookies would change the industry again perhaps .. unless the bookies these days DON'T gamble any more ... on course money used to be ... EXTREME

no

cheers OzR

to their advantage I guess

It is false economy for bookmakers to ban punters, the punter just gets a new account, collects the deposit bonuses, takes advantage of all the Promotions, carries on as usual.

Hamish RNSW won a court case that went all the way to the High Court

they established that they "OWN" the publication of the Race Fields .. which they charge out a fee for corps, Bf & others based on identified turnover (which cruelled BF whose legal eagles were unable to establish to the sitting judges agreement that it was unfair to BF who are not a turnover based operation like the Corps but a winning commission based operation .. the legal eagles case when read was so poor I believe they did an injustice to the BF case but hey I am not legally trained so what do I know)

the new legislation from RNSW now has corps betting to faxed minimum limit as well which was probably a brilliant intervention by the PVL crew however the PVL crew failed to halt the continual banning of anyone who might win a series of bets at the dollar limits imposed)

Australian horse punting is in a mess from those running the races and those trying to get a serious bet set

if they legalised the SP again ... then a whole new world of pain would befall the Corps

and if on course bookies could run a web based operation similar to the corps .. then again the corps would be in a whole new world of pain

so who really runs what a punter can do anymore .. I have no clear idea .. its a shambles imo

When  I spoke to TABCORP they accused me of using a bot  untrue

... well that's a bizarre they gave you Hamish for sure

... and is there anything in their P&C that states a customer cannot use a bot or automated product to facilitate the placing of a bet anyway regardless of your own situation ?

Can't be, because Dynamic Odds can't offer a betting facility without the willing participation from Tabcorp in the first place.
Dynamic Odds, which in its most basic form, is simply an odds comparison tool with the facility to bet to your account without the need to login to their website.
At its most extreme, it can be a highly sophisticated automated bet program.

The mere fact that it has Excel functionality enables this, and the fact that Tabcorp approves of this program, would override any terms and conditions, which I don't believe exist.


The most basic line in any bookmakers terms and conditions, or at least one of them, is "As a customer you take responsibility for any bet placed in your account, and any such bet shall be deemed to have been made by you" or words to that effect.

Reality is, Tabs have little batch programs to help people automate putting their bets on to increase the volumes of their turnover.  So "using a bot" is really a crock of ****.  IMO

9. If Tabcorp has formed the reasonable belief that a transaction (including an electronic transaction) on your TAB account has occurred by way of an automated, and/or computerised, system (except for an approved automated, and/or computerised, system), Tabcorp may, at its sole discretion do any or all of the following:


a. restrict the operation of your TAB account, including restrictions on your ability to use one or more specific Channels or your access to certain products;

b. suspend or close your TAB account;

c. decide to cancel any such bet and refund the bet to your TAB account; and/or

d. if appropriate, disclose details of the transaction, the TAB account and the TAB account holder to regulators or government agencies, including law enforcement agencies.

If Tabcorp has formed the reasonable belief the you have automated DynamicOdds, then Tabcorp may

a. restrict the operation of your TAB account, including restrictions on your ability to use one or more specific Channels or your access to certain products;

b. suspend or close your TAB account;

c. decide to cancel any such bet and refund the bet to your TAB account; and/or

d. if appropriate, disclose details of the transaction, the TAB account and the TAB account holder to regulators or government agencies, including law enforcement agencies.

TABCORP have been using this REASONABLE BELIEF rule for a long time now, to drive the faster and smarter punter off the internet.

If other words, TABCORP can do whatever they like without any proof.

In my opinion, Troy Grant (NSW Racing Minister) and Martin Pakula (VIC Racing Minister) are just pawns of TABCORP, because they approve of TABCORP "losers only policy".

to drive the faster and smarter punter off the internet.


.. that seems more likely screening winners yes

but cant happen on the pari-mutuel side just the fixed odds side .. because their market odds are not pure (well not as pure as the smarties)

now the totes wouldn't be self funnelling any of their fixed odds holdings back into the pari-mutuel side to take advantage would they ?   (many times I see the tote price fluctuate wildly about 100 metres AFTER the start of the race .. where they explain it away by saying just a final database update lol)

Simply having an online account means you have placed the bet by way of a computerised system..

yes banned for arbing, can only get on by calling, closed out of all online activity including access to SKY racing
all rewards points and gold status lost, no right of reply

When I made a complaint to RacingNSW against TABCORP about the Minimum Bet Rule, TABCORP immediately took away internet access to my account out of pure spite.

The same thing happened to many of my punting buddies. Spiteful bastards.