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Hypocrisy on betting exchanges
A letter to OZmium's Director of Racing Services
from a grass roots punter.
Hi Neil.
I'm writing in regards to the Betting Exchange situation.
I've seen some garbage in the paper recently but
on Friday in The Daily Telegraph Business section
there was a story about Tab Limited. Peter Kadar from
the Tab was saying how the "parasites" (betting exchanges)
were taking from the industry but putting nothing
back into it. It was regarding a product fee for the
racing product.
The question I would like to ask him is, "How
much does theTAB hold on the following events; PGA
Tour, Euro PGA, NBA, NHL, MLB, English Premier League,
The 4 or 5 European Soccer Leagues, Soccer World Cup,
EUFA Champions League, Ladies and Mens Tennis, Cricket,
Local and Recent World Cup, NRL, AFL, Formula 1 and
any big overseas horse race that the TAB takes bets
on?"
I would then like to know if the TAB pays a product
fee to the owners or organisations that run these
competitions. If not, it is a fairly hypocritical
statement he has made.
I can live with the ban on NSW residents not betting
at the exchange on Australian Racing, I abide by that
rule even though I would like it dropped. What I don't
like is that faced with competition, they want to
bar Australian residents from using these options
for sports.
I personally use it for English horse racing and
have just started to get to the stage where it is
like a second job for me income wise. I can spend
the night at home with my family while working (and
it is work as I trade for 3-4 hours a night, as opposed
to just having a bet for fun) on the exchange.
I dont see how the TAB has the right to stop me
from doing this. The TAB should improve their products
if they are worried. How people keep going to the
TAB and betting on the handicap markets @ $1.85 amazes
me.
What do you think the chances are of the exchanges
being barred? Hopefully there are people putting up
a fight on their behalf as all I seem to be seeing
is negative stories. It seems incredible to me that
they are trying to take freedom of choice off us.
I hope I haven't wasted too much of your time with
this rant, but it is really starting to bug me.
Thanks,
Stephen Bozac.
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