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Tom's Tipping Service - Racing Talk - Racehorse TALK

Author Topic: Tom's Tipping Service  (Read 2190 times)

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Online jfc

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« 2019-Oct-26, 04:02 PM Reply #25 »
How come Tom is the only one with Turnover data?

Caulfield Cup day turnover suffered a significant hit last Saturday, dropping 24.6 per cent from $127.7 million in 2018 to $96.3 million, continuing a decline in turnover across the spring.

https://www.theage.com.au/sport/racing/credit-bans-taxes-to-blame-for-poor-turnover-waterhouse-20191024-p533yi.html

Online PoisonPen7

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« 2019-Oct-27, 12:35 PM Reply #26 »
How come Tom is the only one with Turnover data?

Caulfield Cup day turnover suffered a significant hit last Saturday, dropping 24.6 per cent from $127.7 million in 2018 to $96.3 million, continuing a decline in turnover across the spring.

https://www.theage.com.au/sport/racing/credit-bans-taxes-to-blame-for-poor-turnover-waterhouse-20191024-p533yi.html

Interesting comments from Waterhouse:

Instead, Waterhouse says additional taxes on bookmakers are having the greatest effect, as was the credit ban, which was introduced 18 months ago.

"We're getting into a fair way since the credit ban has been put in place, so you're seeing the impact of high roller turnover being significantly reduced," he said.

"On a Saturday, if you're having a good day or a bad day you might turn over a lot of money, but if you've got to deposit the day before, it's hard to deposit half a million dollars to bet up through the day."

Waterhouse agreed with Racing Victoria that increased taxes meant bookmakers were offering worse odds, something he believed could see punters turn to other sports.

"It was only four or five years ago that top fluc (fluctuation) would average in Sydney 105 per cent, now the top fluc is 116 per cent. It's a big difference in percentage," he said.

"I know the highest grossed sport with waging operators is basketball, NBA, and they have all that vision that's free and they have no tax on that product.

"A punter can turn over their money a lot more times because they've only got a couple of per cent against them but in racing, you've got 120 per cent against you most of the time now.


The golden days of bookie competition are well and truly over.

The takeout for racing wagering is way too high - unless of course you are getting rebates.

But the state governments like to view gambling in the same way as smoking i.e. vermin filth so we will tax them what we like. I reckon it will get worse in the long run.

Online jfc

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« 2019-Nov-01, 01:54 PM Reply #27 »
Apparently Tabcorp can't handle alternate facts.


Online Arsenal

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« 2019-Nov-01, 02:25 PM Reply #28 »
Tom was turfed when he didn't deliver what he was invited to do....serves him right.

Giddy Up :beer:

Online wily ole dog

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« 2019-Nov-01, 02:36 PM Reply #29 »
Very funny listening

Online JWesleyHarding

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« 2019-Nov-01, 03:20 PM Reply #30 »
Tom was turfed when he didn't deliver what he was invited to do....serves him right.


He also had a right to ask why (and comment on) the decision to pull the previous arrangement.

Offline sobig

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« 2019-Nov-01, 03:37 PM Reply #31 »
He has been told it was an error made by a producer.

Regardless of whether that was correct or not he was not going to get anywhere and had been asked not to comment further.

Online JWesleyHarding

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« 2019-Nov-01, 04:08 PM Reply #32 »
No, he obviously wasn't satisfied with whatever excuse was made "junior "employee blah blah blah.

The question he obviously wants answered, as we should, is.
 
 "What strings did the TAB pull to have that previous arrangement changed?"

Online Arsenal

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« 2019-Nov-01, 06:15 PM Reply #33 »
No, he obviously wasn't satisfied with whatever excuse was made "junior "employee blah blah blah.

The question he obviously wants answered, as we should, is.
 
 "What strings did the TAB pull to have that previous arrangement changed?"
Who cares  :beer:

Online jfc

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« 2019-Nov-03, 09:20 AM Reply #34 »
Plenty of emotive twitterbator ingrates after yesterday's dud free tip - Rosehill 1 #4 Faretti.

But his free tips have 4 from 9.

With proportional betting:

Tom +32.97%
BSP 21.49%


Online jfc

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« 2019-Nov-05, 04:26 AM Reply #35 »
Not clowning nor spruiking, for a change.

Interesting tips, plus industry overview.



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