Betfair Australia http://www.thecouriermail.news.com.au/common/story_page/0,5936,17352074%255E1702,00.html is to be licensed within weeks following the passing of the legislation in the
Tasmanian Upper House last week. The Tasmanian Premier said he expected a number
of operators to apply for a license. We understand TABCORP, one of the organizations
that lobbied the hardest against betting exchanges, will be one of them. It
remains to be seen if that eventuates but if it does, it shows the hypocrisy
that runs deep in the establishment in Australia. One thing is for sure, betting
exchanges are here to stay.
The interesting thing is that we dont expect an explosion of betting
exchange action. The fact is that Betfair has been operating on Australian races
legally in all states except NSW and WA for the past few years and the majority
of NSW and WA punters have been using them anyway. What will change is that
Betfair will now advertise extensively although some States, in violation of
the constitution, have made it illegal for interstate bookmakers and betting
organizations to advertise in their State. If Betfair, for example, sponsors
the Tasmanian cricket team, can you see the NSW Government insisting that they
not have the Betfair logo on their shirts when they play at the SCG? Wont
happen will it? It really is time for the various Racing bodies and State Governments
to wake up and start looking after the punters because what they dont
realize is that the key to making money in any business, and Racing is the biggest
business, is to do the right thing by the players.
Recently, we presented a number of Seminars in Brisbane and Melbourne (and
last Autumn in Sydney and Adelaide) on Professional Staking and Money Management.
The focus at these seminars was on the discipline and psychology of operating
your punting in a business like manner and this applies no matter how large
or small your average bet is. WE admit to being a little bit amazed at how many
of our clients had made minor mistakes in operating some of our Staking software
plans, and mostly to their detriment. Any advice on these and all of our products,
is available freely and we were surprised with comments like we didnt
want to take up your time, you must be very busy. Well its
true that we are busy and we like to be. We like to be busy helping our clients
to get it right.
AUSTOTE were surprised to find that as far as
the Victorian Government is concerned they are not allowed to bet on Victorian
races or is it that they are not allowed to use the Victorian fields. Either
way clients of Austote were equally amazed to find that December the 1sts Cranbourne
meeting was listed as abandoned. IAS which is the
67% owner of Austote has an agreement with Racing Victoria to use their fields
for betting. Victoria is leading the way arent they? We have Skychannel
not allowed to show Victorian or Sydney Metropolitan races and now Interstate
operators NOT ALLOWED to use their race fields. The sheer stupidity of it all
astounds me. When will the punters of this country get a fair go?