http://www.racingnsw.com.au/default...isplay&id=15874

Thursday, 12 June 2014

Racing NSW Board Acts To Give Punters A Fair Go
The Board of Racing NSW has resolved to introduce a condition which requires wagering operators to take bets from all customers to ensure a fairer deal for punters. All wagering operators will be required to stand to lose a minimum amount on any single fixed odds wager on NSW Thoroughbred races.
The minimum bet condition will be implemented following extensive consultation with wagering operators.
Racing NSW Chief Executive, Mr V’landys, said today:
“There have been frequent and persistent complaints by punters about wagering operators refusing to take their bets, particularly in circumstances where those punters have been successful.
“Accordingly, the Board of Racing NSW has decided to make it a condition of its Race Fields Information Use approvals that all wagering operators are required to stand to lose a minimum amount on any single fixed odds wager on NSW Thoroughbred races.
“Racing NSW believes there is a current imbalance in favour of wagering operators at the expense of punters and this needed to be rectified.”