There are at least two areas (understatement) that the TABs are in need of immediate and urgent reform:

1. Bet and account transparency

2. The cost to bet

With respect to the former I (and other Forumites) have offerred living examples of, lets say, peculiar TAB investment patterns. These patterns have an undoubted corollary with race results. "Prescribed Persons" (Trainers, jockeys, stewards etc etc) are prohibited from placing wagers on the outcome of races for many a good reason that needs no re-statement here.

For as long it is permissable for an adult person to anonymously place cash wagers with the TABs it will remain impossible for Racing Authorities (stewards) to effectively police and prevent "Prescribed Persons" making illicit TAB investments. It remains an imperative for the TABs (and on-course bookies) to adopt highly transparent audit trails so as to maintain (restore) integrity in day-to-day Racing that will bear Public scrutiny.

As a first step the TABs could do far worse than look to the Betfair audit trail model. A number of highly visible advertisements (propaganda) are currently airing within the media imputing that the integrity of Racing is threatened by Betting Exchanges. That some of these commercials feature a parade of "Prescribed Persons" leaves me in head shaking disbelief.

........to be continued