Australian Racing Fact Book 2012... - Racing Talk - Racehorse TALK harm-plan harm-plan

Racehorse TALK



Australian Racing Fact Book 2012... - Racing Talk - Racehorse TALK

Author Topic: Australian Racing Fact Book 2012...  (Read 5699 times)

0 Members and 1 Guest are viewing this topic.

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
O.P. « 2013-Jan-09, 09:18 AM »
Just out!

http://www.australianracingboard.com.au/factbook

I'm bookmarking this so next year the comments can stay on the same thread.

Nothing quite like curling up to what might turn out to contain well-disguised fiction.

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2013-Jan-09, 12:28 PM Reply #1 »
Extra!
Extra!
Extra!

About stuff lagging over 6 months behind the reporting period!

Evidently that's still too rapid for TattsBet!

Onto Turnover, which by now all here should know is next to useless.

Consider Tote Thoroughbed:

WA $million 920 => 973

All others who bothered reporting:

Down!

No prize for guessing which on-shore Tote is offering the biggest kickbacks.

However, contact WA, and I believe you will find they will decline to offer little ole' you kickbacks!

For now my lips are sealed as to how backdoor kickbacks are available there to others.

Offline JWesleyHarding

  • Group 1
  • User 231
  • Posts: 20991
« 2013-Jan-10, 12:13 PM Reply #2 »
Table 73

NSW Bookmakers Total Off Course 7.41 is incorrect.




Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2013-Jan-11, 06:54 AM Reply #3 »
Consider:

Trifecta/Other

15% NSW
17% Vic
34% WA

Remember that Vic and WA are in Supertab so Trifecta dividends should be nearly always identical.

So why is the WA Trifecta Turnover Rate double that of Vic!

If the answer is not kicking and screaming back at you then maybe you should check my previous posts in this thread.

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2015-Jan-05, 12:18 PM Reply #4 »
Latest one came out early December.

One striking key figure is Totes versus Corporates Turnover.

Counting Tabcorp, Tatts Fixed Odds as Corporates we have:

7,005 Totes
8,581 Corporates!

It's the 1st time Corporates have merited a line of their own.

So it's not clear whether this is the 1st time Corporates have prevailed.

But it's a massive indictment of V'landys and his ilk.

http://www.australianracingboard.com.au/fact_book.aspx

Offline PoisonPen7

  • Group 1
  • User 55
  • Posts: 22963
« 2015-Jan-05, 02:27 PM Reply #5 »
But it's a massive indictment of V'landys and his ilk.

Why?

Didn't V'Landys foresee the growth in Corporates and that is why he pressed for Racefields legislation?

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2015-Jan-06, 07:10 AM Reply #6 »
Why?

Didn't V'Landys foresee the growth in Corporates and that is why he pressed for Racefields legislation?
Foresee!

It's hard to imagine anyone with less foresight than V'landys.

He shoots from the hip, and excluding his cronies, he picks fights with everybody. Particularly Industry partners.

And his biggest attacks have been the extremely public ones against Punters, whom he thinks will be none the wiser.

Rake Hikes are bad enough.

But Kickbacks shaft Punters further.

And so does the clandestine Isle of Man which allows undesirables special privileges like invisible bets.

Not to mention these insane minimum bet obligations for Corporates, which might benefit Fletcher and his pals, but shaft over 99% of Punters.

But the Fact Book shows Punters voting with their feet.


Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2015-Jan-14, 08:11 AM Reply #7 »
Perhaps the most striking revelation come from the data on Page 65.

We see that TAB Turnover has dropped from its peak for a 2nd time.

It's now back below 2009 levels!

But remove the still growing Fixed and the remainder Totes look extremely sick.

It looks like Totes are about to die.

And this should be sooner rather than later, because the more Turnover drops the less attractive the Pools get.

The perps only have themselves to blame.

And nothing will stop this decay.

You would think that sooner or later someone will take advantage of this decay and start up a rival low Rake Tote.

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2015-Feb-06, 11:46 AM Reply #8 »
Now that PP7 has proclaimed his devotion to facts and figures, let's look at TABLE 83 of the Fact Book.

Even a simple eye ball should reveal a startling anomaly.

Why is NSW the sole column where Trifecta turnover falls below that for Place!

Crunch the numbers to reveal that NSW has a Trifecta shortfall of over 30%. Or a vacuum in excess of $200 million!

Imagine that massive loss in Revenue.

No prize for guessing who's responsible for this fiasco.

Has V'landys ever identified or addressed this problem? Is he even aware of this?

Anyway, the only reason I can imagine for this are the pathetic Field Sizes for NSW Metro Races.

Curiously enough, while PP7 reassures us how great these Field Sizes are, his idol Messara sees this as a big problem.

No surprise that his solution is from Cloud Cuckoo Land, essentially having us sacrifice essential social services so as to feather his burgeoning nest.

Funnily enough, after less than an hour, a schmuck like me can find zero cost solutions to the problem.


http://www.dailytelegraph.com.au/sport/superracing/at-the-track-john-messaras-plan-to-get-bigger-fields-in-nsw/story-fni2gg7e-1227203530046




Offline Authorized

  • Group 1
  • User 18
  • Posts: 31341
« 2015-Feb-06, 11:59 AM Reply #9 »

OPEN LETTER TO BERNARD SAUNDRY, CEO OF RACING VICTORIA

Hi Bernard,

I was heartened to hear you recently on RSN Radio say that Racing Victoria will consider Minimum Bet Laws for corporate bookmakers in May when you renew your race fields legislation.

It’s so important that RVL introduce and legislate Minimum Bet Limits and ban account closures.

It’s incongruous that ingenuity and a pursuit of excellence is nurtured and sort as a priority in every aspect of racing except punting.  The highly sophisticated industry that RVL is pushing towards must consider and protect punters into the future.

Fixed odds wagering is booming and is heading towards – in-terms of revenue for the industry – becoming an equal funding contributor as tote betting. Tabcorp just released half yearly results where fixed odds revenues were up 33%. Fixed odds revenues are up because that’s how punters want to bet these days – in particular the next generation of punters that RVL has been vocal about attracting. I’m part of that next generation; we’re smart and we have an abundance of information and computers available to us that previous generations didn’t. And that’s given so many more punters the opportunity to win on the punt – which is a great thing. But there’s no point to this “digital revolution” and initiatives like your own racing.com, if punters can’t at least potentially monetise this wealth of info.

I heard you on radio this morning talk in particular about RVL trying to attract 18-25 year olds as a priority. You went on to affectionately label them as “the next generation of race goers and my children” and how important it is that they learn about racing and engage with it. If RVL don’t act against the current corporate bookmaker climate, “your children” will be engaging with a gambling market that is a one-sided massacre akin to poker machines. Strong but realistic language.

The entire industry, from the Australian Racing Board to media commentators, right through to the tens of thousands of industry participants are tired of corporate bookmakers rapacious conduct, because Australian racing is based on integrity and fair go for all. 

On-course betting rings have always been regulated and fair, which is why we have the strongest marketplace in the world. RVL should act for no other reason than to impose the same regulations that they have placed on on-course bookies for all of time. You would no doubt have had meetings with the Australian Bookmakers Association, who have waged a long, patient and considered campaign to level the playing field for the hundreds of on-course bookies they represent, who face the most headwinds of all wagering operators.

The marketplace has improved slightly in the last year. And some corporates have listened to the industry and are now running equitable, fair and profitable businesses. And there has been a minute minority of corporates who have always run fair businesses. But there is still a number of large foreign corporates who believe their bookmaker’s license is an entitlement, and they shouldn’t be saddled with the competitive forces that every other business in Australia faces. A bookmakers license is the privilege of framing a market with the percentage in your favour, and going about laying every runner to make your margin. This seems to have been forgotten.

I acknowledge that the fractured state of national racing administration has made this issue a complicated one. But you have the resources to to act and I guarantee it will be to racing’s betterment. You will face push-back from disgruntled corporates who may argue that the new tax regimes have made it too hard for them to service “low-margin clients”. But that’s simply because they misread and over invested in the Australian marketplace. That’s not RVL’s problem, and it’s not the punter’s problem.

This issue will never go away. If you don’t act the industry will continue to be deprecated as people like me speak out against it. I don’t wish to be an antagonist, I just love racing and want a fair go.

There’s two types of punters in Australia; those who win and those who aspire to win. If RVL don’t act for all punters in May you will be telling winning punters to invest elsewhere, and aspiring winning punters that they are welcome so long as they lose. What happens when the aspiring winning punters realise that they’re just fodder?

You run the strongest racing jurisdiction in the world. All punters love racing in Victoria and want to support and engage with it – but Racing Victoria need to support us.

Regards,

Richard Irvine


Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2015-Feb-06, 12:23 PM Reply #10 »
Why on earth pollute the Fact Book thread with deranged fiction from a stooge acting for the Fletcher Benevolent Society or whatever.

The last thing on earth these perps want is a fair go for all.


Offline PoisonPen7

  • Group 1
  • User 55
  • Posts: 22963
« 2015-Feb-06, 02:09 PM Reply #11 »
Why on earth pollute the Fact Book thread with deranged fiction from a stooge acting for the Fletcher Benevolent Society or whatever.

The last thing on earth these perps want is a fair go for all.


I think Dick makes some valid points....

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2015-Feb-06, 03:52 PM Reply #12 »
I think Dick makes some valid points....
Dick is not only a Dick, but a stooge.

If not for Fletcher, then for some other Hot Shot trying to stitch the caper up.

To the detriment of all other Punters that are not in that cosy cronies' corner.

Dick's prose is a pallid imitation of the mindless propaganda one would expect at a Nuremberg Rally.

But you've uncovered some valid points?

Feel free to clue the rest of us in on those.




Offline PoisonPen7

  • Group 1
  • User 55
  • Posts: 22963
« 2015-Feb-08, 12:09 PM Reply #13 »
"It’s incongruous that ingenuity and a pursuit of excellence is nurtured and sort as a priority in every aspect of racing except punting."

I wonder if Dick uses a grammar check. He probably does, and that probably got through.

The publisher hasn't read it otherwise they would put a (sic) there.

Publishers never proof read anything these days.

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2015-Dec-15, 05:16 AM Reply #14 »
No Fact Book for 2015!

Maybe Tabcorp is the spanner in the works, given that it appears to have lost all its results?

http://racingaustralia.horse/Aboutus/FactBook.aspx

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2016-Jan-05, 08:21 AM Reply #15 »
Wow!

An update!

Instead of being released 4 months late in November, now it's aiming for over 6 months late!

http://racingaustralia.horse/Aboutus/FactBook.aspx

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2016-Jan-19, 11:09 AM Reply #16 »
Well sink me!

It's finally out!

Haven't figured how to read it yet.

So here's your chance to again get one up on me.

http://publishingservices.risa.com.au/otherpublications/Factbook%202014-2015/Factbook2014-2015/#62-63

Offline tontonan

  • Group 2
  • User 106
  • Posts: 3484
« 2016-Jan-19, 11:26 AM Reply #17 »
I always enjoy the Factbook but I can't say I am sold on the 'flipping book' format.   

I have a big widescreen monitor and even so the pages are basically unreadable unless I zoom in.  This suggests to me that the 'flipping book' is designed to be browsed rather than actually read. 

It is a good format for a supermarket catalog but not so good for reading detailed tables of figures.

Still, it is a great resource of facts and figures and free as the breeze.

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2016-Jan-20, 10:16 AM Reply #18 »
Turnover is quite a flaky number, given the Kickbacks around.

But Sports Turnover is now higher than Totes on Racing.

6,802 Sports
6,751 Tote - Racing

Historical Tote Turnover is not provided directly.

But it can be found by subtracting Fixed from TAB.

Whereupon we find it peaked in 2009, and has been decaying 6% on average yearly.

6,751 2015
9,729 2009

It's now a question of when Totes collapse.

Wonder how the boni of the genii who brought this about are going?

Offline SCOTRIK

  • Open
  • User 354
  • Posts: 191
« 2016-Jan-20, 03:22 PM Reply #19 »
Some strange numbers he

Did turnover on "Harness and Greyhound Racing" really increase from $5.474 billion in 2013/14 to $12.976 billion in 2014/15? (page 65)

Was in the 5 to 6 billion range in the previous 5 years.

Is there some bizarre reason for this or are they just not checking to see whether the numbers make sense before publishing them?

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2016-Jan-20, 03:41 PM Reply #20 »
Some figures are clearly junk.

It's just so easy to run simple automated checks to spot them.

Woeful effort for something that takes so long to get out.

Online jfc

  • Group 1
  • User 723
  • Posts: 7359
« 2020-Dec-16, 02:18 PM Reply #21 »
Latest Fact Book has now been out for a number of weeks.

Turnover down, obviously impacted by COVID, but some trends can still be discerned.

Win turnover continues to drop - obviously due to competition from Fixed.

Win share (of Total) continues to drop.

Trifecta turnover is also dropping.

But Trifecta share continues to climb.

WA Trifecta turnover dropping.

WA Trifecta share climbing!

Remember that Trifecta share through the Isle of Man has been growing remarkably.

Rising Manx money preying on falling mug money suggests something's got to give!




BACK TO ALL TOPICS
Sitemap