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Tatts/UBET Related Issues and Discussion - Racing Talk - Racehorse TALK

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Offline Jims Punting

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O.P. « 2016-Jan-06, 07:52 PM »
With the change for the TATTS brand to UBET there is going to be some pain.
And there are going to be some questions.

Today ... 6th January 2016 ... Robbie Cooke fired the first salvo - see post 1 below

Can Tatts win this? They reckon they are "taking on" the other corporates ... this we need to see!

Will there be gains for the punter ... or will it be frosting and window dressing?

Offline Jims Punting

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« 2016-Jan-06, 07:52 PM Reply #1 »
Looks like Tatts are beginning their move publicly now to get the industry on side.



Further news in the email: Tatts are asking the industry to support them because they give back more to the industry per $100 wagered than "a corporate bookmaker."
Maybe I don't use the same definition of "corporate bookmaker" as Ubet does ... thought Tatts/Ubet was a corporate bm too  :what:

Here are the facts…

For each $100 wagered with UBET,
the racing industry in Queensland
receives between $5 and $6.50.

However, the same $100 wagered
with any other bookmaker only returns
between $1.50 and $3.50.


When competitive I do choose Tatts (Ubet) ... but they need to get their exotics house in order.
Still ... nice to see them giving back the rounding windfalls a bit, by putting on this $1.5M jackpot pool at Australia's most important race meeting  :thumbsup:


Offline ratsack

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« 2016-Jan-06, 08:20 PM Reply #2 »
ya can copy or quote from other threads    :shrug:

i guess    emthup

Offline Jims Punting

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« 2016-Jan-07, 12:16 AM Reply #3 »
Sent Tatts an email last year asking how they intended to "take on the corporates" - their words - in 2016.

Some of the issues I raised had to do with rounding.

A dividend of $1.99 gets paid as $1.90 which is a 4.5% cut to the consumer.
A dividend of $1.19 gets paid as $1.10 which is a 7.5%+ cut, and
A dividend of $1.09 gets paid as $1.00 - an 8.25% cut.

Coming on top of other pool taxes and rakes, I think that is a little rough, to understate it.

The corporates pay their fixed quotes to the cent - no rounding ... no worries. $3.67 remains exactly that.
BUT ... they pay their best tote (if SP is higher) based on the final dividend declared by Tatts and the others (NSW/SuperTAB etc)
And some of their exotics (Quadrellas etc) they pay Tatts, or Middle Tote + 5%.

How is Tatts going to overcome that? Silence - they can not.

I am sure Mr Cooke is well aware of these issues and is working to overcome them.
But short of offering a product that the parasitical corpoarates can not match, one would assume their hands are tied.

Offline Jims Punting

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« 2016-Jan-07, 12:57 AM Reply #4 »
Tatts all-up betting needs a good shake-down.
Goodness only knows what the end-product will be like once the Tatts site is inoperative.

Whatever did we do before bet365 came along  :what:

Offline Jims Punting

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« 2016-Jan-07, 01:07 AM Reply #5 »
Robbie Cooke may prefer that we forget about this story:

https://www.punters.com.au/news/Tattsbet-rebrands-as-UBET-_136583/


Offline fours

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« 2016-Jan-07, 01:28 AM Reply #6 »
Hmmm,

Why not put ALL of their hold on with the corps at the last micro second and get their money back and the extra. The extra might go close to covering other expenses they have BUT would hurt the corps more...

Fours

Offline Ascot

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« 2016-Jan-07, 06:41 AM Reply #7 »
Because the Corporates won't hold the bet.  They only bet long term with accounts that show a loss for the punter.......they let you win, but you are expected to lose it back.  Even the small bettor.

Offline Jims Punting

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« 2016-Jan-07, 07:10 AM Reply #8 »
Agree Ascot.

The punting experience should be one that makes the punter feel good while he is getting fleeced.
But any fleecing is up to the punter - not the corporates - they don't twist your arm to make you bet.

I'm hoping that Tatts really has consulted widely enough to "get it" that here in the deep north we do NOT want to have change just for the sake of it.
The mess created by TABCORP in the deep south when they "upgraded" their websites was not too well received by the rank and file.
I still don't understand why they changed something that was working ok. There should be a lesson there  :bulb:

From what I've seen of it, the only thing I like so far about the UBET site is the addition of live racing.
Looks and feels too simialr to the TAB site(s). Not good for me, and maybe others are not too comfortable with it - don't know.
I reckon the people at Tatts are savvy enough to realise that punters do not like being moved from their comfort zone too much.

If there is truly a will to "take on" the (other) corporates then we have every reason to be excited about what is being planned at THQ.

I wish they would stop referring to their opposition as "the corporates" though ... as if Tatts is not.
Tatts will refuse a bet at fixed odds too if a punter has a strong track record of wins.

These people do not exist to make YOU rich  :bulb:

Having said that, as a partner with RQ now, the symbiosis exists to maximise cash flow, and that can only be achieved if punters patronise their product.

Offline Spudda028

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« 2016-Jan-07, 07:59 AM Reply #9 »
JP they have a long long way to go before they get competitive with corporates. Still can't take s multi race place parlay with Ubet on your computer or mobile- have to go into a Ubet shop. They only had fixed markets up for sat's MM mid morning in Monday. Often their fixed odds are uncompetitive .

 In short a considerable boost in infrastructure & man power is required from them to even be considered as competitive
« Last Edit: 2016-Jan-07, 08:53 AM by Spudda028 »

Offline Jims Punting

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« 2016-Jan-07, 09:41 AM Reply #10 »
Spudda - I often wonder why people like us can see these things, but the company can not.

Who is managing the shop? I reckon Tatts only have the contract by default.

They should have been far more proactive a lot earlier.
I reckon the advent of the corporate "bookmaker" (misnomer if ever there was one) slipped under their guard   :thumbsd:
They will find it very difficult to win back clientele now ... I for one won't give up Bet365 until bet365 gives me up   :lol:

You are so spot on regarding the all-up situation.
Why anyone uses them apart from having a race-to-race double ot treble when the total (final) odds are better than bet365, escapes me.
Most multi punters would probably select at multiple meetings to make their book.

But they say they are "taking them on" this year, so let's see what they mean by that.
I suspect it is just sabre rattling and rhetoric. One can only hope there is substance to the chatter.

Offline Spudda028

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« 2016-Jan-08, 06:11 AM Reply #11 »
Still a lot of work to do . On the mobile app this morning there is no fixed odds market up under the Sat racing thread for any Gold Coast race ??? But if you go into fixed price racing & are prepared to scroll down 16 races including the Melb Cup which is no 1 on list - plus Wellington & Akl cups ten other race meetings you eventually get to the Gold Coast which has a fixed odds market
#amateurhour #takingthemonwhatajoke
#lotstolearnrookies

Offline specialweek

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« 2016-Jan-11, 09:24 AM Reply #12 »
According to website Rob McIntosh calling Benalla.

Offline Jims Punting

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« 2016-Jan-11, 09:43 AM Reply #13 »
On Saturday Ubet was giving money back for win bets that ran 2nd or 3rd at GCTC.
This was only for bets placed using the Ubet app.

Does anyone know if that was for all races at GC ... or selected ones.
Just going through history and noted that Three Sheets ran 2nd.
Was on for the win @ $4 but no refund of the stake.

Not a big stake but ...  :what:

Offline Jims Punting

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« 2016-Feb-02, 03:00 PM Reply #14 »
UBET
SKY RACING
ONLINE TELECAST

As a valued customer, we wanted to advise you that due to contractual rights expiring, unfortunately,
live Sky Racing Vision will no longer be available through the UBET website or the UBET App, from midnight of Wednesday 3 February.

We understand this is disappointing and apologise sincerely for any inconvenience this may cause.
However, you can still catch all of the latest market updates and live racing coverage through
RadioTAB, available online,
through the UBET App and networked through 91 transmitters located in
Queensland, South Australia, the Northern Territory and Tasmania.

The UBET Team

Offline Spudda028

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« 2016-Feb-02, 06:35 PM Reply #15 »
So this is how they fire a shot in taking on the corporates huh?  total disregard for the punters... good step in the wrong direction you knobs , get back to the negotiating table.

 I 'll say we'll have it back within a week

Offline PoisonPen7

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« 2016-Feb-03, 12:53 AM Reply #16 »
So this is how they fire a shot in taking on the corporates huh?  total disregard for the punters... good step in the wrong direction you knobs , get back to the negotiating table.

 I 'll say we'll have it back within a week

Yes. More pain for punters. I used to regularly use the UBET racing coverage.

At a guess I'd say this has more to do with the proposed merger of the Tatts and TABCorp wagering (which a lot of us think is inevitable) than it does with corporates.

One side trying to lessen the negotiating position of the other  :chin:

If you install the Racing NSW App on your iPhone or Smartphone you can watch most Qld racing via the Sky Thoroughbred Central portal for free.

If you browse to the Racing NSW web site via your iPhone, iPad, Smartphone or tablet, and you have a Google Chromecast dongle installed in a spare HDMI slot on your TV (dongle costs about $40-$50) you can cast it on to the big screen. Once again, free. Excellent quality.

Offline Arsenal

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« 2016-Feb-03, 07:57 AM Reply #17 »
CM story today in place of SKY racing no longer available on UBET app and website the UBET brains trust is thinking of going with Racing.Com which only cover Victorian horse racing......this won't help anyone...Racing.Com is available already you don't need UBET to get it  home viewers aren't affected if they have FOX ..otherwise tune in to the radio....like in the olden days.

Giddy Up :beer:

Offline Spudda028

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« 2016-Feb-03, 08:06 AM Reply #18 »
On the same day that they announce the loss of vision from Sky on the app they upgrade my rewards account to the next level....... coincidence perhaps? I have hardly bet with them lately

Offline vadim

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« 2016-Feb-03, 09:11 AM Reply #19 »
Ascot will be on here shortly reinforcing the notion that UBET is to increase their turnover by 6% this year. It is correct because there has been a statement made to the ASX.

  :lol:

Offline PoisonPen7

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« 2016-Feb-27, 07:37 AM Reply #20 »
Can someone tell me why the Terms and Conditions of today's Caulfield promotion explicitly states "Not Allowed in NSW".

I cannot buy that this is a government restriction because they are offering the same promotion to NSW residents on the Liverpool City Cup, and there are many cash back promotions available to NSW residents with Corporate bookmakers today. William Hill are offering NSW residents cash back on the first three races at Caulfield if their horse finishes in the first half of the field!!

I'd be wanting to get a satisfactory response otherwise I'll conclude this is some sort of petty "state thing" at which point NSW punters - Australia's largest state betting market - would be best advised to give UBET a big miss.

EDIT: I've sent them an email and will post the response here.
« Last Edit: 2016-Feb-27, 07:40 AM by PoisonPen7 »

Offline Beachy

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« 2016-Mar-01, 08:28 PM Reply #21 »
My understanding is that it is a government thing - mainly surrounding the advertising of the promotion. If the promotion is advertised anywhere other than the Ubet/Tattsbet website, then account holders in NSW are excluded.

In the example you outlined, they widely advertised the money back offer on all the Caulfield races, hence NSW customers being excluded. Whereas the Liverpool City Cup offer was only advertised on their sites hence NSW customers being eligible for that offer.

Something like that anyway  emthup

Offline Spudda028

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« 2016-Apr-08, 12:57 PM Reply #22 »
thought it a little odd that Ubet only had three meetings up on the site for Sat, main racing day of the week. Rang to enquire as I wanted to get on something down the coast. Turns put they have no space available thanks to the load on from today.

well as it turns out they are betting on 15 overseas meetings today / tonight!! Several with just two races , some with three and four races only - nice to know where their priorities are.

But don't forget according to execs they are ready to take on the big boys in the market........ #Joke # amateurs #giveitarest

Offline PoisonPen7

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« 2016-Apr-30, 10:37 AM Reply #23 »
As posted by Arsenal on the NSW/Vic TAB thread:

UBET’s fixed odds freeze targets professionals but angers racegoers

PUNTERS are crying foul, while wagering provider UBET claims it is merely trying to meet its obligations to the industry and shareholders in the wake of a fixed odds row that has erupted.

Punters have complained in recent times that UBET has switched off its fixed odds product in certain venues.

The situation occurred at the Albion Park harness meeting on Friday, where fixed odds on all races was unavailable to patrons for a number of hours.


http://www.news.com.au/sport/superracing/qld-racing/ubets-fixed-odds-freeze-targets-professionals-but-angers-racegoers/news-story/5c856e5731e585e76f01c0a9fa4f21c0

Offline Spudda028

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« 2016-May-01, 10:27 AM Reply #24 »
For the record I have almost stopped betting fixed with Ubet - they are very very conservative with their pricing may jump late but very ordinary early on when they finally put up their markets


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