Flexibetting

[Percentum]

Has anyone done any research into the impact of flexibetting on NSW trifecta dividends (i.e. a comparative shop with the same at TABCORP)?
I believe that it would have affected dividends and thus negated any research done prior to its introduction. Especially affected, I believe, would be the 'thumping' dividend which appeared every now and then.
I'd done a little bit of a comparison and TABCORP divs. were better than those in NSW.
There was a 'blip' several weeks ago when the last race in Brisbane paid $88 000 in NSW and only $22 000 on TABCORP. The reverse had been the trend in the short term workout I'd done (Epsom $22K TABCORP $12K NSW , a Brisbane race paid $15K TABCORP and only $3K NSW).
Let me know if you're interested in sharing the workload to do an in depth comparison.
The divs. are available on the net and I still believe that the trifecta offers the best chance of finishing ahead.
To me the concept of flexibetting is a bit like socializing (in the political sense) gambling. We can now all afford to take multiple combinations but the dividends will be shithouse. Still, we won't be losing that much.
Wondeful eh? Inclusive and all those other feelgood buzzwords. I'd better go and take my medication.

[Percentum]

I've decided to do my TAB comparison month by month and will post the results as I do them.
My comparison is of TAB dividends TABCORP vs NSW TAB since the introduction of flexibetting.
Flexibetting began on Newmarket Handicap Day of 2001. I randomly chose May as the first month of my investigation. The meetings I have chosen are the four main ones every Saturday i.e. Sydney, Melbourne, Brisbane and Adelaide. I will collate and talk about trends later but only enter raw data. (I do have a day job you know.)

May 2001
5th NSW TAB returns $66 more than TABCORP
12th TABCORP returns $1397 more
19th TABCORP returns $1377 more
26th TABCORP returns $1884 more
In summary:
TABCORP returned $4592 more in May 2001

[Mr. Logic]

Maybe you should have a look at articles in Punt to Win on this site at around the time flexi betting started.

[Percentum]

Continuing my comparison of NSW vs TABCORP dividends on trifectas since the advent of flexibetting, here are comparative figures for March. They commence on March 10th as this was the first day of flexibetting.
March 10
TABCORP dividends better by $2562
March 17
TABCORP dividends better by $7317
March 24
TABCORP dividends better by $651
March 31
NSW better by $1181
Summary for March:
TABCORP dividends better by $9349
Will do April next and thence in order.

[Percentum]

Continuing my comparison of NSW vs TABCORP dividends on trifectas since the advent of flexibetting, here are comparative figures for March. They commence on March 10th as this was the first day of flexibetting.
March 10
TABCORP dividends better by $2562
March 17
TABCORP dividends better by $7317
March 24
TABCORP dividends better by $651
March 31
NSW better by $1181
Summary for March:
TABCORP dividends better by $9349
Will do April next and thence in order.
In the 2 months surveyed since flexibetting began TABCORP trifecta dividends are $13 941 in advance of those in NSW.

[Percentum]

Following are comparisons NSW TAB vs TABCORP trifecta dividends since the introduction of flexibetting in NSW.
April 7th
NSW divs better by $4 289
April 14th
TABCORP divs better by $20 198
April 21st
TABCORP divs better by $876
April 28th
TABCORP divs better by $1 496
Summary
TABCORP divs better by $18 281 in April
Summary for the 3 months (Mar, Apr, May)
TABCORP dividends better by $32 222

[Percentum]

June 2001 comparison of trifecta divs.
June 2
NSW TAB pays better by $2 538
June 9
TABCORP pays better by $1 126
June 16
TABCORP pays better by $7 147
June 23
TABCORP pays better by $3 957
June 30
TABCORP pays better by $4 127
Summary
TABCORP trifectas in the 4 major Saturday meetings paid $13 819 more than NSW TAB.
Progressive since flexibetting began:
TABCORP divs $46 041 more than NSW TAB divs

[Percentum]

July 2001 comparison
July 7
NSW better by $1264
July 14
NSW better by $870
July 21
TABCORP better by $367
July 28
TABCORP better by $2755

Month's Summary
TABCORP better by $988
Overall (Mar 10 to July 28)
TABCORP divs exceed NSW by $47029

[The Catparrot]

How about maybe saving some time. Rather than looking at the Dividends a year ago start with them now and work back.
There is no disputing that when flexi betting came in the NSW dividends were shocking. But are they so bad now?

[Percentum]

Comparison Aug & Sept
Aug 4 TABCORP by $1473
Aug 11 TABCORP by $1719
Aug 18 NSW by $745
Aug 25 TABCORP by $521
Sept 1 TABCORP by $1527
Sept 8 NSW by $324
Sept 15 NSW by $293
Sept 22 TABCORP by $515
Sept 29 TABCORP by $11 172
Aug - Sept TABCORP by $15 565
Overall since Mar 10 $62 594

I think it's interesting to note that TABCORP divs have consistently topped NSW on 75% of Saturdays.
Your question will be answered in the next week or so, Catbird.
The several methods I operated before flexibetting were based on long term research. I believe that this research is now not relevant with the advent of flexibetting but want to check this out as comprehensively as I can.

[Percentum]

More of the same but less so.
Oct 6 TABCORP by $2120
Oct 13 TABCORP by $3182
Oct 20 NSW by $3741
Oct 27 NSW by $739
Oct summary TABCORP by $822
Since flexibetting: TABCORP by $63416
TABCORP divs better 8 months out of 8 so far.

[Percentum]

November Stats
3rd TABCORP by $964
10th NSW by $2854
17th NSW by $692
24th NSW by $333
Month=NSW by $2915
Mar 10 to Nov 24 TABCORP by $60 501

A bit of a turnaround the last 2 months.
Anybody know why? Was there a hike in government % on TABCORP?
Will see if turnaround continues.

[The Catparrot]

A bit of a turnaround the last 2 months.
Anybody know why? Was there a hike in government % on TABCORP?
Will see if turnaround continues.


There is a turnaround. Initially with flexi betting many punters on the NSW tote overbet by taking too many combinations. They thought they were given this huge bonus!!!!!!!
They got the bigger payouts but outlayed a comparative fortune to collect.

Punters finally worked out that they were still losing with more collects because the collects were much smaller compared to their outlays.

As a result less combinations are being taken by punters using flexi betting so the dividends increase for the normal harder to get trifectas.

[Percentum]

Stats for December
1st NSW by $2643
8th NSW by $65 668 (not a typing error)!!
15th TABCORP by $ 2 261
22nd TABCORP by $4064
29th TABCORP by $681
Summary NSW better by $63 566
January 2002
5th NSW by $978
12th TABCORP by $10 389
19th TABCORP by $3911
26th TABCORP by $3747
Summary
TABCORP better by $17 069

Overall: TABCORP better by $14 004.
This, despite an abberation with the whopping div. in December of 2001.
Without this TABCORP divs would be running at approx $80 000 better or $7000 + a month.
This imbalance was redressed with a similar unrepresentative result at a Ballarat Saturday meeting around Dec/Jan where the last race paid $75 000 on TABCORP and $22 000
in NSW (don't know date but wouldn't be hard to check as all info. available on the net).
Anyway, draw your own conclusions and make your own decisions.

Good luck.