The Open bet - help required

Teamwild


I can tell you though that uk racing would b on its arse were it not fkr the sheik and coolmore.....bookmakers exist

French racing thriving.....no bookmakers and properly run industry


Seems a simple solution to me

easy Wrote:

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> Teamwild
>
>
> I can tell you though that uk racing would b on
> its arse were it not fkr the sheik and
> coolmore.....bookmakers exist
>
> French racing thriving.....no bookmakers and
> properly run industry
>
>
> Seems a simple solution to me

Licenced bookies in France since 2010

ok but i bet you they not taking the open bet.....anyways this whole thing is a mute discussion.....bookies will always be around in sa LONG after racing has died.


BUT if you want to dream a bit go to this website and see what it could be like without bookmakers

japanracing.jp/en/jpn-racing/guide/index.html

Wow, have a look at there customer service section, the clubs are in charge of entertainment and some even offer free transportation to and from the track. Even the destination (racetracks) look appealing, then go look at the off course betting facilities, first class!!! ... Now go compared what the Japanese offer there patrons to what Phumelela offer, NO COMPARISON!!! ...

It is because of extremely bad customer service from the tote that the punter asked the openbet bookie to assist him and not vice versa. The tote outlet had a life before the open bet but it was not even a microcosm of the eutopia painted in Japan. I do not believe in the open bet but what other option is there for the punter to take a bet in his time (24hr), to take a bet with cooperative and affable staff, to withdraw money from his account immediately, to withdraw money from a winning bet immediastely, to bet in a decent environment? Japan first met those basic needs before oing onto Xanadu.

Everyone seems to judge success by short-term results...no longer the hard grind to wealth and prosperity hence the need to accumulate as much as possible by whatever means in the shortest time-span possible...just leave the problem to future generations as I will enjoy the fruits of my (questionable) endeavours and be long gone by the team the pain comes...and the pain will come...

P's ego and short sighted approach means that they are not thinking about where the industry will be like in 5-10 years...their sole aim seems to be share performance and shareholder returns now...and with the execs holding large amounts of shares, it is logical (even if not right) that all activities will be focused on the here and now so that share price increases and maximum profit made from the share-holdings...

As stated before, the punter funds this sport (and all those that feed at its trough) but the only people that seem to have an interest in making some provision for the punter are the bookies...so you know where my (albeit little) money will go...and if racing isn't here, punters WILL turn to other avenues to have a bet...they will not take the money they bet with the bookie and divert it (all) to the operators...

I repeat my opinion that bookies should stick to fixed prices as the open bet is not their intellectual property...if they want to use the open bet, they should pay for it...just a lay person's view...logic not legal view...

So, do the "leaders" (many people have the title but very few can do the job) in the industry have the strength of character to put aside their egos and pandering to the interests of a view for the benefit of all ?? I think it extremely difficult as the players in the industry (owners) are also involved in the administration of the industry...same problem in soccer in this country in that club owners also involved in administration of the sport to the ultimate detriment of the sport (national team) in this country...

Interesting times ahead...the punter has other options available to get their fix...do those that depend on the survival / prosperity of the industry (trainers, jockeys, operators, stable employees, etc) have other options ??...methinks not...I have excluded owners because I think that horse ownership is ancillary to other primary activities they are engaged in...

The gripe I have with the open bet is that you cannot win more than the SAFTOTE Pool but we has punters do not know how much they have taken in for that particular bet for eg Quartet and Trifecta in an Overseas venue where pools are small. I have been limited plenty of times, today being another but its stipulated in their rules so life goes on !!!!






Withdrawals
Date Reference Tournament Event Description Type Nett Balance Status
06-Mar-2014 MM pla trifectas deauville race 3 Journal 5,419.80 -5,419.80

easy Wrote:

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> ok but i bet you they not taking the open
> bet.....anyways this whole thing is a mute
> discussion.....bookies will always be around in sa
> LONG after racing has died.
>
>
> BUT if you want to dream a bit go to this website
> and see what it could be like without bookmakers
>
> japanracing.jp/en/jpn-racing/guide/index.ht
> ml

The formal plan to get Japanese racing right was posted on the forum before............and Item 1 on their agenda was to ensure a trusted product with strong regulation.........we don't seem to have identified that bit yet.

Especially the way objections are handled...decisions determined on the basis of connections involved rather than what is objectively visible...and this idea of refunding the fee paid for the objection seems to indicate that there were merits to the objection but the subjective manner in which the rule is written / framed (...but for the interference, the horse interfered with would have beaten the horse that interfered with it...) precluded a positive ruling in the objection...

Our solution included a software development to route ALL open bets that were laid in our system straight on the tote pools.

Tote bets gross bookmakers in the region of 12% after inflation to pay the punters tax, roughly the same as fixed odds but open bets only amounts to about 10% of horseracing turnover.

Jeremy Marshall Wrote:

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> Our solution included a software development to
> route ALL open bets that were laid in our system
> straight on the tote pools.


then Phum and GC deserve what they get