In this Discussion
- Chariotsonfire June 2019
- curmudgeon June 2019
- Markovina June 2019
- Ridersonthestorm33 June 2019
- savethegame June 2019
Who's Online
0 Members & 10 Non Members
WA Trot Quaddie Jackpots - Where Do They Go ?
Harness & Greyhounds
Ridersonthestorm33
10,809 posts
Once again from the previous Friday evening a 3.5k Jackpot from Gloucester Park has dissapeared into the abyss. Whether it be $5 or 20k, money mostly invested by WA punter's goes "missing".
On asking at the WA tab ( again ) told by them " Tabcorp over east control these Jackpots". Enquire with them...okey doke..onto Tabcorp...their reply.."um we allocate the jackpot's as we see fit".
They never see fit to add to another WA trot meeting within the week ? What a rort it is.
Money lost mostly by WA punters on Quaddies should be given the opportunity to recoup there investments asap and the money shouldn't be allocated down the track to who knows where.
Transparency please Tabcorp.
On asking at the WA tab ( again ) told by them " Tabcorp over east control these Jackpots". Enquire with them...okey doke..onto Tabcorp...their reply.."um we allocate the jackpot's as we see fit".
They never see fit to add to another WA trot meeting within the week ? What a rort it is.
Money lost mostly by WA punters on Quaddies should be given the opportunity to recoup there investments asap and the money shouldn't be allocated down the track to who knows where.
Transparency please Tabcorp.
+1 -1
curmudgeon, Gilgamesh likes this post.
Comments
Their reason not to pay out ?... "A system glitch". Please.
$2100 - not even half a drop of water in the biggest ocean in the world.
Bet put on - bet accepted - pay out.
Fortunately Herald Sun taking up the punter's complaint and also he's taking further steps to recoup his rightful collect.
As far as $2100 is concerned they'd spend more on 10 seconds of advertising.
VillageKid, curmudgeon likes this post.
The previous Sat again all 20k pools and about 3-4 races - around the 26k mark . Ditto the previous week - and as everyone knows if theres a jackpot - one race no one won it - the next race there was 149k in the pool
You contrast that to GP on Frid night - average 1st pool 10k - one race 40k - because there was a jackpot the previous race - and the last race only had 4k in the pool
Do the WA Trotting association look at doing these things - basically it costs you nothing - you double your pool size from 10k to 20k - and the 25% take out covers the $2500 jackpot your putting in per race . But most importantly you have got the possibility of growing turnover - because your attracting punters- possibly new punters to a bet type
Ritzy marketing and flash food doesnt increase turnover - Punters love jackpots - instead of spending or blowing money - 2 back to back $1mil interdominions - this is where they should put their valuable money
Turnover is everything - and right at the present time WA Harness racing is going no where turnover wise
Offthebit, Gilgamesh, savethegame likes this post.
20% Quaddie, Trifecta, Double, Exacta.
17.5% Quinella.
25% Favourite Numbers.
All dividends including win and place rounded down to the nearest ten cents 8-|
After rake taken - horse showing $1.89 - payout $1.80
All unclaimed money goes into government coffers. One government promised to look into this ( if elected ) hahaha no change, what a surprise.
Affects all divies, but mostly backing odds on fave's for the win or odds on a place on the tote.
$300 @ 1.79 = $537 - rounded up = $540.
However dividend paid is $1.70
Punter return $300 @ $1.70 = $510.
Punter ripoff on $300 bet = $27.
Rounding down - what a rort!
By rounding down - takeout rate is increased substantially - is it any wonder strong tab punter's have left the tote behind to go to Betfair in droves ?
They are not fools - and the new punter coming through - he is more odds savvy than ever.
Wake up Tabcorp.
Punter's money - return to punter's direct.
Even more importantly - check your tickets!
There are surprises out there.
V75 - attracting big betting syndicates with there algorithm's and rebates...( it is a 35% takeout rate).
If that's the punter they want to attract - good luck to them.
Good write ups on the V75 on the net...official Swedish government enquiries..page after page..makes good reading.
Of course take out rates don't matter though.
The delicate balance between return to the industry and return to the punter is on a knifes edge.
When betting on events litterally 7 days a week - under 2 minutes on average between races - from 7a.m in the morning until around 3 a.m - that's 20 hours a day...no excuse for high takeout rates and rounding down dividends.
If you want punter's reinvesting on wall to wall racing - drop takeout rates, industry wins - punter wins.
Don't be part of the problem...be part of the solution....
National Tote Pool - Win Place Takeout 10%.
All novelty bet's - 15%.
No rounding down of dividends.
Return all unclaimed dividends back to the punter in form of jackpots.
Utopia.
Can anybody answer unequivocally where that 3.5k Jackpot component of the Gloucester Park Quaddie has gone ?
Ridersonthestorm33 likes this post.
As far as know not one winning ticket in WA on the big V65 - and not talking the minor division dividends which just like in lotto pay sweet nothing.
WA Tab dropped it or Sweden dropped us - either way good decision.
In relation to co-mingling - something baffles - with the daily exchange rate continually being different from one moment to the next - how the heck does it work ?
Good article on one country and its co-mingling - they forgot to exchange to the right currency rate or something like that and cost them a fortune.
If the exchange rate differs by the hour - how does co-mingling work ? Just curious on that one.
JayJay, VillageKid likes this post.