5th June 2006, 02:37 PM
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Member
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Join Date: Jan 1970
Posts: 578
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Quote:
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Originally Posted by Stix
I read with interest the machinations going on with the suitors of UNITAB and the rumblings with the merger of pools with STAB....I have a couple of questions, I was hoping someone could answer:
What does that mean to the average punter?
1. i.e. bigger pool = bigger dividend? and is the same true for exotics?
2. would it be reasonable to assume that fixed price and "best" price facilities will also adjust accordingly?
3. will the merged pools dicourage "sting" betting (Like the Greyhound sting a little while back)?
4. Would the takeout be expected to fall?
Thanks In Advance
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1: This is a fallacy - the dividends will not be bigger, they could be more stable though. Given that those exotics that have a Flexi bet option, they could be even smaller as the Flexi becomes more popular & more punters get to have a slice of the payout cake.
2: Not sure what you exactly mean but if we have a national pool then the only tote price will also be the 'best (tote) price" - not sure how the corporate bookies will handle this but they will probably offer tote price plus.
3: Even with merged pools, many of the greyhound pools will be on the small size so don't really see it discouraging punters like Eddie Heyson (the greyhound sting man).
4: More likely the takeouts will go up rather than down - with no competition in the tote markets & state governments that have budget shortfalls (like NSW), why would they go down? The NSW government have already stated that they want Tabcorp to underwrite any shortfalls in the state revenue should the government permit co-pooling of the Vic & NSW pools. Tabcorp also put it to the NSW government a few months ago that they wanted the overall takeout raised from 16% to 16.5%.
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