14th April 2012, 06:25 PM
|
|
Member
|
|
Join Date: Jan 1970
Posts: 4,417
|
|
Quote:
|
Originally Posted by UselessBettor
In the end the educated punter loses out unless we move our money off shore into the UK market.
That revenue which would have gone to the racing industry in NSW and VIC is now lost.
|
That is exactly what I'll do.
I'm not desperate to find an Australian betting medium and in fact would deliberately avoid any exchange set up here by the TAB on principle and liquidity. Plus there would be additional setup costs etc for me and it's too complicated as I'm basically an automated layer.
They are forgetting that Betfair makes a significant contribution to Australian racing as it is without a turnover tax and that contribution will be lost.
The Australia racing industry can ill afford to lose money for the sake of "we want more". |