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Galloping into the red - West Australian 28/01

West Australian Racing
Unknown
edited November -1 West Australian Racing
Interesting article in todays paper citing city stakemoney about to receive another cut

Interesting that Lex Piper is blaming owners for betting with corporates maybe Perth Racing should be thinking about getting some money out of them via sponsorship like every other major club in Australia has
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Comments

  • [DeletedUser][DeletedUser]    0 posts
    Yours is a one eyed view point Della. As you stated before, you only broke even before the corporates were playing.
    If the turnover is down then stakes will suffer, its not rocket science. The major cause of the decline in turnover is people are betting with alternative players that don't pay their way.
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  • super.imposesuper.impose    43 posts
    can you post stry for me over hre?
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  • BlakeBlake    8,176 posts
    they are paying their way, the blue is over how much and what model.

    I agree with reducing the bigger races. take sydney for example.. sure our general G1's here are only worth between 300-500k (apart from the slippers/bmw's etc) and the doncaster is worth less but that has enabled racingnsw/stc/ajc to keep the run of the mill saturday prizemoney at 70k a race which keeps everyone afloat. without the average races to keep us going the other 10 months of the year there can be no top class ones.
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  • Unknown
    making the Winterbottom 750K was a great move
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  • agro58agro58    294 posts
    Wiih a poor service such as player & a tote that pays unders far to often
    wonder why ?
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  • Unknown
    said:

    Wiih a poor service such as player & a tote that pays unders far to often
    wonder why ?

    totally agree

    PERTH RACING should be at the forefront to having this Centrebet contract torn up or atleast never/ever renewed
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  • careycarey    6,424 posts
    said:

    Yours is a one eyed view point Della. As you stated before, you only broke even before the corporates were playing.
    If the turnover is down then stakes will suffer, its not rocket science. The major cause of the decline in turnover is people are betting with alternative players that don't pay their way.

    perhaps the current model is flawed.
    whatever, you can't expect the punters to pay more for an inferior product.
    plus it's a great big world out there nowadays and people can bet on horses(or whatever) wherever they like.
    wa can't stand up on its own because it's not a popular product in general.
    i like it because it's isolated, but the product itself, if it was good enough would be self sustaining.
    punters don't care how high the stake is(like it not), they just care if they can pick the winner, quinella or whatever.
    so it comes down to the simple point of what do the punters owe wa racing, and i think the answer is........nothing.
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  • Unknown
    WA has been reliant on RWWA for too long - it worked for a while but is struggling bigtime now

    the landscape of racing has changed so much in the last 10 years its not funny
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  • darkshinesdarkshines    2,837 posts
    Spot on carey.

    I notice Mr Piper only took swipe at 'owners' who bet corporate.
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  • TheDivaTheDiva    13,248 posts
    to blame the punters/ owners is a cop out.
    The industry and punters have been squealing for over a year now as to how inferior the TAB and player offering is compared to the rest of the market.

    Here, I'll sell you this bruised apple......its WA grown and i expect you to buy it because you're supporting our apple growers, even though the ones from Darwin are twice as big, nice and juicy and the same price, if not cheaper..........

    Good luck is all I can say.
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  • TiversTivers    7,720 posts
    edited January 2011
    I only bet with WA TAB for that reason (when in WA).
    Can I keep my $50k ? ;)

    (Edit : and when they will take my bet)
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  • [DeletedUser][DeletedUser]    0 posts
    The question is Della, why is it struggling. Is it management or is the funding falling so corners are being cut.
    WA needs night racing, but will the powers that be invest more money into facilities if the return is falling due to the corporates.
    Ask yourself, would you invest in a venture for someone elses benefit ? Why would they do it ?
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  • Unknown
    WA needs to work with corporates instead of fighting them - you work with someone to benefit both parties

    until that mindset changes - which it wont because RWWA are the controllers who also operate the TAB

    then WA will never prosper

    Corporates and Betting Echanges have so many advantages over our useless TAB its not funny - and they actually make you want to have a bet instead of being a turnoff
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  • TheDivaTheDiva    13,248 posts
    just to make it clear, all bookies betting on WA racing now pay a product fee. So, betting with the corporates, still benefits WA racing, as does betting with a local bookie.
    So blaming owners for betting with the corporates doesnt wash.
    Rather than the bookies paying the clubs direct though, they now pay to RWWA, who distributes back to the clubs.
    In that respect, its hard for the clubs to see exactly who is contributing towards the funding, which is why a lot of them a crying that corporates are not contributing.
    As a bookie, I am now paying more "tax" than I ever have, but at the same time, because the clubs cant "see" what my contribution is, some of them have actually increased stand fees to compensate for what they "think" they are no longer receiving.
    Personally, I am happy to be paying my way in the indsustry as a bookie, but when i am punting and you ask me to take 2 points under with Player, and have my $500 bet limited to $45.45 and in between, wind the price off, all the time using Centrebet to manage your book.......thats where i draw the line!
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  • cubescubes    689 posts
    Blaming the Corporates in this instance is a cop out.

    the corporates are causing issues big time. but the problems here are self made.

    No racing product in Australia can support itself it relies on betting on all the product.
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  • [DeletedUser][DeletedUser]    0 posts
    Obviously the corporates and exchanges are well run as you say. But they are living off and leaching from the industry. They need to contribute for everyone to survive and flourish.
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  • cubescubes    689 posts
    said:

    Obviously the corporates and exchanges are well run as you say. But they are living off and leaching from the industry. They need to contribute for everyone to survive and flourish.

    and they will be very shortly.

    the WA industry is going strong it is certain sections bringing it down.
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  • Unknown
    said:

    Obviously the corporates and exchanges are well run as you say. But they are living off and leaching from the industry. They need to contribute for everyone to survive and flourish.

    they already are contributing - its the amount which is in debate
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  • LuckyLongshotsLuckyLongshots    4,270 posts
    I still bet the large majority of my dollars in WA - but I want to see a better product being offered to retain me and the many other punters out there!

    1. A .mobi website or iPhone/Android app for TABozbet
    2. Unique and competitive Fixed Odds (not a carbon copy of an NT company)
    3. More than 7 days of betting history for account holders
    4. Betting available through the Foxtel (like over east)
    5. Win/Place (Parlayformula) betting in allups

    These are just some of the things we in WA don't get (correct me if I'm wrong) - it's simple, fix your product, then the rewards will come!
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  • JordanJordan    1,827 posts
    I believe number 5 is coming very shortly LL
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  • ShatterStarShatterStar    52 posts
    Honestly By laying ALL blame on rival betting agencies is a cop out.
    Yes they affect pool size and turnover therefore the industry, but half the blame is self inflicted.

    The winterbottom being 750k is a joke it is completely unsustainable if its not drawing the horses or crowd (did neither last yr)
    The Railway at 1 million is also questionable.

    And lets not forget the international jockeys day was a wallet burner for perth racing. flying all the jocks over and (looking after them ) for there services did not pay dividends. the numbers at the gate were terrible...

    All these occured in the past few months.... no wonder were going to be offering a chicken and chips from red rooster for the winner of the
    2013 Perth cup :roll:
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  • LuckyLongshotsLuckyLongshots    4,270 posts
    said:

    I believe number 5 is coming very shortly LL

    That's good news!
    +1 -1
  • Unknown
    said:

    said:

    I believe number 5 is coming very shortly LL

    That's good news!
    Been saying that for 3 years - believe it when it happens
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  • slipatiptomeslipatiptome    3,351 posts
    said:

    no wonder were going to be offering a chicken and chips from red rooster for the winner of the 2013 Perth cup :roll:

    Surely a combo at least
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  • TheFunksterTheFunkster    3,840 posts
    said:

    Honestly By laying ALL blame on rival betting agencies is a cop out.
    Yes they affect pool size and turnover therefore the industry, but half the blame is self inflicted.

    The winterbottom being 750k is a joke it is completely unsustainable if its not drawing the horses or crowd (did neither last yr)
    The Railway at 1 million is also questionable.

    And lets not forget the international jockeys day was a wallet burner for perth racing. flying all the jocks over and (looking after them ) for there services did not pay dividends. the numbers at the gate were terrible...

    All these occured in the past few months.... no wonder were going to be offering a chicken and chips from red rooster for the winner of the
    2013 Perth cup :roll:

    Winterbottom at $500k and railway at $750k will attract the same quality field. There's $500k saved straight away.

    Sack whoever is responsible for organising the "entertainment" on the big days and there is a potential windfall of another $500k if they get someone who is in touch with what gets people thru the gates :roll:
    +1 -1
  • cubescubes    689 posts
    said:

    Honestly By laying ALL blame on rival betting agencies is a cop out.
    Yes they affect pool size and turnover therefore the industry, but half the blame is self inflicted.

    The winterbottom being 750k is a joke it is completely unsustainable if its not drawing the horses or crowd (did neither last yr)
    The Railway at 1 million is also questionable.

    And lets not forget the international jockeys day was a wallet burner for perth racing. flying all the jocks over and (looking after them ) for there services did not pay dividends. the numbers at the gate were terrible...

    All these occured in the past few months.... no wonder were going to be offering a chicken and chips from red rooster for the winner of the
    2013 Perth cup :roll:

    Exactly, the whole industry will suffer because of the grandiose dreams of a few.
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  • snipersniper    236 posts
    When you have dictators running a business it will always fail, everyone is to scared to stand up and now the wheels are falling off. Allowing these betting agencies in was not the fault of Perth Racing, once again the Govenment hasn't done anything to make a stand and help the racing industry out on this, they have never really realised the amount that the racing industry puts in and therefore the resepect is not there. The business plan of PErth RAcing is now in huge doubt with Belmont Park looking highly uinlikely, and all that money wasted, Who will become accountable for that is the question! The CEO is a wasted space who should not have been employed in a industry he knows jack about, all these questions need to be asked!
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  • DownTheBackDownTheBack    96 posts
    Well if they reduce the stake money , they then have to reduce the percentage that the winning trainers get .
    It is 10% now and should come into line with the jockeys , who put their lives on the line everytime they go out there and thats not taking into account that most of them are wasting to make the weights .
    I hear that a lot of trainers are increasing the costs to owners , well then they can cop some of the hit .
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  • HotJulesHotJules    229 posts
    said:

    Here, I'll sell you this bruised apple......its WA grown and i expect you to buy it because you're supporting our apple growers, even though the ones from Darwin are twice as big, nice and juicy and the same price, if not cheaper..........

    Great anology. Simple as that yet Piper wants to pot owners. They need to start thinkiing about competing rather than bleating.
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  • TheFunksterTheFunkster    3,840 posts
    said:

    I only bet with WA TAB for that reason (when in WA).
    Can I keep my $50k ? ;)

    (Edit : and when they will take my bet)

    I have a solution:
    All the owners that bet locally only get to race for $50k and the ones that have betfair and e/s corporate accounts can only race for $45k.
    Surely that is the answer. It will be sooooo easy to administer :P :roll:
    +1 -1
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