Quote from source:
When it comes to the internet, racing in Australia is still in the troglodyte age. Why aren't there numerous live, online bookmaker betting sites? Sites where the prices on offer are at least on a par with what is happening in the bookmakers' betting on course.

This paragraph from punting newsletter asks a question.

The particular sentence in question is:

"Sites where the prices on offer are at least on a par with what is happening in the bookmakers' betting on course"


I ask a technical question, where is the connection beteween bookmaker oncourse and online bookmaker? How would it finaly come to a point where communication is met between the oncourse $ and the online $?

Is this a fair or naive question?

puntz wrote:
Quote from source:

This paragraph from punting newsletter asks a question.

The particular sentence in question is:

"Sites where the prices on offer are at least on a par with what is happening in the bookmakers' betting on course"

--------------------------

Maybe the wording could have been better.

However there is little point having live online betting on R3 after R2 has finished if say the Sydney bookies are betting to 110% and the internet site is betting to 130%.

Puntz,

I think you were asking whether it would be technically possible for on-course bookmakers to be offering the same prices on-line at the same time?

Technically it is certainly possible - it would not be hard at all to connect the bookmakers at the racecourse (certainly at the metropolitan venues) to the internet and their computers could then offer the same prices online as they are putting on their boards. All you really need to do is have a high-speed connection to the course and then set up a wireless network that all the bookies could hook in to. Then it is just a matter of providing the necessary software.

If you lookie at the bookies.com.au site they have a number of "traditional" bookies offering prices on-line. Not sure whether the prices available on-line are the same as on course though.

Of course there may be licencing or legal issues that need to be addressed and I am not an expert on these.

Hi BC,

Totally illegal in NSW, Bookies odds on course cannot be broadcast in any way.

Don't know about about other states but I wouldnt think so because if you listen to Mr Carr NSW is the premier state?????????????

Cheers

why is it illegal?

Dunno Umrum I guess we'll have to ask Mr Carr

The reason online bookmakers do not have the on course markets for there online horse racing service is because it is illegal to copy these prices and place them on the internet. There are a few bookies that have prices that are similar but no bookie in Australia from my understanding is allowed to put the on course prices on the net

So there we have it, typical 3rd party intervention,
The Gov. as usual.

Doesn't surprise me that it is illegal in NSW - very simple reason for that - protecting the TAB monopoly. Be interested if anyone knows the situation in other states? I am guessing it is legal in WA as that is where the bookies.com.au site is based.

why is it illegal?

Didn't this come into place many years ago to try to combat the illegal SP bookie?