Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > General Topics
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 21st August 2014, 07:13 AM
PaulD01 PaulD01 is offline
Member
 
Join Date: Mar 2013
Posts: 333
Default

Quote:
Originally Posted by Pat123
Fortunately every bookmaker regardless of where they are licensed have to comply with the min bet rules - this according to Richard Irvine who was involved with the consultation process.


Hi Pat123

Yes I am aware of Richards involvement and views as we have provided some assistance to him in his campaign. The issue is that whilst Racing NSW might say that all bookmakers are compelled to comply with the new rules there is to my understanding currently no legal way of ensuring that they do. That is the problem.
__________________
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/
Reply With Quote
  #2  
Old 21st August 2014, 08:27 AM
stugots stugots is offline
Banned
 
Join Date: Jan 1970
Posts: 868
Default

Well assuming that a bookmaker must be licensed by RNSW to operate on NSW races, then surely RNSW will be within their rights to suspend said licence until a bookmaker complies with the new regs.

Bookmaker licensing in New South Wales is the responsibility of the relevant controlling bodies of racing. However, bookmakers may obtain authorities for approved events betting, telephone and electronic betting from the Minister for Gaming and Racing under the Racing Administration Act 1998.


Bookmaker Electronic (Internet) Betting and Approved Premises Betting - Racing NSW policy information

Updated March 2011
Electronic Betting

Bookmakers wishing to conduct electronic betting and obtain Internet access to view prices, transact bets or make bet backs on thoroughbred, harness, greyhound races or approved betting events with licensed wagering operators while fielding at a racecourse or approved betting premise must make application to Racing NSW.

A bookmaker must also apply to the Office of Liquor, Gaming and Racing (OLGR) for an Electronic Betting Authority and/or Betting Back Approval.
If an Electronic Betting Authority is approved by the Minister and an Authorisation is permitted by Racing NSW, bookmakers may view prices, transact bets or bet backs with licensed wagering operators via the Internet utilising an OLGR approved betting system when it is lawful to operate as a bookmaker.

Such approvals are restricted to Bookmakers use on a racecourse, an authorized betting office, betting auditorium or an approved betting premise and are subject to the Rules of Racing (including LR 97A), the Racing NSW Bookmaker Telephone, Electronic Betting and Approved Premises or Authorised Betting Office Standard Conditions and any policies or directions of Racing NSW or conditions of approval of OLGR.
To view Bookmakers Betting Limits please click here

The NSW Bookmaker Electronic Betting Conditions, as approved by the Minister for Gaming and Racing, are issued by OLGR to those bookmakers who have been issued with the relevant Internet Betting Authority. See also section 16 of the Racing Administration Act 1998.


http://www.racingnsw.com.au/default...kmakers-betting
Reply With Quote
  #3  
Old 21st August 2014, 01:29 PM
FredTheMug FredTheMug is offline
Member
 
Join Date: May 2013
Posts: 91
Default

Quote:
Originally Posted by PaulD01
Hi Pat123
The issue is that whilst Racing NSW might say that all bookmakers are compelled to comply with the new rules there is to my understanding currently no legal way of ensuring that they do.

So what compels a bookie to pay the race field fees?

According to the Racing Administration Act 1998, Racing NSW has the right to cancel approval to use the race field data, so while they might not be able to prosecute they could shut them down on those races.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 10:11 PM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655