Seems to me TAB does not care as much about the Tote as it does Fixed.
Total take out in the Win pool now about 18% after rounding etc,
Q and E moved to 20% with the merging of the WA pools....
Seems short sighted to me... looks like a spiral to the bottom
1) punters abandon the tote for fixed
2) tote gets smaller
3) Fixed gets restricted
4) Tote Pools too small to bet into (see Tatts aka the kiddie tote)
JFC I wonder who the premium punters are now? Most premium punters I know are ex premium - like myself. A well connected big punter told me "I really don't think there are any premium punters getting rebates for their tote turnover like the old days"
With commission rooms at racetracks are nonexistent now any premiums are doing it remotely - but I do not think there are that many left.
I know of several who have moved to fixed - and do well, but it is labour intensive.
Z of course has $ in the game but he bets through Isle of Man.
So I wonder where the rebates are going off your figures?