Thread: TAB Dividends
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Old 18th November 2003, 04:10 PM
Imagele Imagele is offline
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Join Date: Jan 1970
Location: Tasmania
Posts: 383
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Hi Folks
Haven't posted for a while but got a bee in my bonnet again after listening to the sport 927 race caller waxing lyrical about the dividend for the quadrella at Moe.
He declared it was a boomer of a dividend,$196,000.
Strange thing is there was only $122,000 in the pool before the TAB took their 20%.
This DECEPTION has been going on for years whereby there is only 1 live 50 cent unit and the TAB declares the dividend for a $1-00 investment meaning that they declare double that which is actually paid out.
If this is not false advertising (if you could call it that) then I've never heard it.
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