Hi all
If the announcement is that the ARB dont wish to allow a license to an exchange in Australia,Im not happy about it but i will cop it.

I dont see how they can force banks to not allow their customers to spend their own money where they like. Im sure banks dont tell TABs who can and cannot bet with them.

I personally dont use Betfair on Australian Racing but would like to. If Im going to bet I will bet where I can get the most for my dollar, so I only use it for overseas racing of a night and I dont see why I should be stopped because the TABs and Bookies fear competition will eat into their inflated margins.

The TABs have used all types of garbage in their arguments but what about the **************** comparison. Are the TABS willing to pay product fees to all the sporting bodies that their Sportstab bets on, I doubt it They would owe some money if they did, to all the sports across Europe and America that they happily take bets on.

The other is that they dont want us betting overseas as it doesnt bring money here yet if you go to their open an account page, they will take customers from all but 3 countries. Very hypocritical.

I think we should be allowed to bet on overseas horse racing and sports at the very least,as the Tab pays nothing to these bodies. I am making reasonable amounts from doing this and wont be happy if this is taken from me, basically our freedom of choice is being taken away because a private company fears competition. Who do we talk to in regard sto these issues as it seems there is no real voice of the Punter being heard.

One other thing, wouldnt making it illegal to bet with an exchange have to be argued in parliament first, I hope you cant just create a law.

[ This Message was edited by: BF on 2003-06-29 17:17 ]

[ This Message was edited by: BF on 2003-06-29 17:18 ]