13th November 2002, 09:11 AM
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Member
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Join Date: Jan 1970
Location: Canberra
Posts: 730
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osulldj,
There is probably one other reason for a lot of people and that is the TAB seems "safer" because you can go to the local branch and withdraw your winnings (if you have any!) in cash and you know the TAB will always be there. I think a lot of people still view bookmakers as "a bit dodgy" or are concerned they may lose their money. Of course with the legislation that governs the bookmakers, particularly online ones, this is not an issue these days. It's probably a bit like when the home loan industry was deregulated - lots of people still got their loan from the bank even though they were charging a lot more in interest than the new lenders simply because they were unsure about the alternatives.
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