Hi All.


Picked this up on another site.
For some reason some of the letters,
Are missing in some words.

Good Afternoon Gary,

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HAS THIS HAPPENED TO YOU??

04/14/2012 05:24:33PM	Session Started with Agent (Tom)
04/14/2012 05:24:33PM	System: "Welcome to Live Help, my name is Tom."
04/14/2012 05:24:33PM	Client:"Tried to place best ****** bet "not on this account" Tried to take Trifecta. Same deal. Tried to take a Quaddie same answer. No problem taking fixed prices though. What's the problem???"
04/14/2012 05:25:04PM	Client: "Yes please explain. Is there a technical problem?"
04/14/2012 05:26:54PM	Agent (Tom): "Sorry for the delay. I'm checking your account now. one moment"
04/14/2012 05:29:32PM	Agent (Tom): "Ok, thanks for waiting. Unfortunately management has placed restrictions on your account. You will no longer be able to place Multiple bets, exotic racing bets and Top Fluctuation bets on your account with us."

We believe that many of our clients are encountering similar problems and there is a reason for it. Two reasons actually, one is the closing down of the Tas Tote wholesale business where many corporates laid off their business and the other is the success of the Race Fields levy which effectively reduces the margins the corporates can make. They have two options. The first is to simply increase their margins by offering lower prices but the market is very competitive. The other choice is to clear their books of winning punters or as above remove the options that have been winning options for individual punters.

The client referred to above has been previously banned by Centrebet from taking certain of their products and on Saturday by two of the major players and finally, the greatest insult, was refused access to the fixed od*s markets by Victorian Tab.

There has also been some conjecture that Betfair may be forced out of the Australian Racing Market.

So what does that leave? It is more than likely we will see offshore operators in action again. These offshore operators simply won’t be paying any levies and probably, depending on their location, little tax and this will enable them to service the market.

Overall, I have no doubt that turnover on Racing will drop, leaving the authorities with a net loss on their revenue compared to now.

HOW DOES THIS AFFECT YOU?

First of all, the average punter, will not be greatly affected. If your outlays are $10, $20, $50 or even $100 at a time and if you take exotic flexis you will find it harder to come out in front but you will continue to have access to all. The 1.5% race fields levy will go mainly to the owners of expensive race horses and keep the sale prices up for the major breeders. The battlers in those industries will remain the battlers and the crumbs offered to such participants as Victorian Table hands will never make up for them not getting a fair wage in the first place.

For those who punt professionally, the task will be harder. Many will seek to place their investments through the accounts of trusted friends. Just be aware that your IP address, the place you send your selections through is what is important.

Cheers.
Garyf