NOTHING SPECIAL ABOUT LUXBET -- MY ACCOUNT WILL BE CLOSED
It is timely to question my continued support for Luxbet -- my experience is that there is little in it for punters betting close to the jump, and my understanding is that Tabcorp is creaming off funds that would otherwise be used (albeit mainly misused) to fund unwanted racing.
I bet to win (on Luxbet) only when I believe it is a 'good bet': my experience is that the bets on offer at Luxbet are confusing as to the best bet. My experience, yesterday, with 3 separate bets of equal value (on Danleigh), suggests little dividend difference in the options offered and little difference also in the dividend paid between the 3 options (averaging about $8.30) and as compared with the TAB dividends paid in NSW and Vic (+ 5%) and Unitab (nil).
An additional 5% from Luxbet is significant but the question is whether betting with Tom Waterhouse would be a better bet -- but he may not value taking my small bets unless his facility is a 'costless' addition to an automated website operation.
There is another factor in play here -- people concerned for 'fairness' in their dealings will often take a lower dividend (pay a higher price) if a supposed competitor is simply taking from one (the industry) to give to another -- the erstwhile TAB punter.
Luxbet has not met my expectations: I will talk to them about the best Luxbet option (perhaps betting early -- tipping them off?) and reconsider my relationship with them.
To this end I would appreciate advice, please, based on the experience of punters placing small bets with other internet operators.