20th August 2014, 09:58 PM
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Member
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Join Date: Mar 2013
Posts: 333
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Quote:
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Originally Posted by Pat123
Does anyone know whether the min bet rule applies only to over-the-phone fixed odds bets, or is it internet betting (if currently offered by the bookmaker) too?
Thanks.
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Hi Pat123
Not sure on that one. One concern that I do have, that I have been advised of by senior management of a leading corporate is that the accounts are likely to be reopened but that they (this particular group) do not intend to comply with the new Racing NSW mandate. They are of the opinion that:
1. There are no legislative requirements for them to do so given that they are not licensed by Racing NSW; and
2. There are no clear penalties in place for any breach.
So in essence whilst it may be Racing NSW objective to force corporate bookmakers to comply in respect of NSW racing from September 1, there is simply no effective means to compel them to do so. I hope that I am proven wrong.
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Regards
Paul Daily - Ratings2Win Pty Ltd (Director)
R2W Axis - Axis is Australia's leading horse racing software and database; with sophisticated form analysis tools and accurate performance ratings that include Hong Kong.
http://www.ratings2win.com.au/
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