home - to The Greyhound-Database
Home  |  Dog-Search  |  Dogs ID  |  Races  |  Race Cards  |  Coursing  |  Tracks  |  Statistic  |  Testmating  |  Kennels  
 
   SHOP
Facebook
Login  |  Private Messages  |  add_race  |  add_coursing  |  add_dog  |  Membership  |  Advertising  | Ask the Vet  | Memorials    Help  print pedigree      
TV  |  Active-Sires  |  Sire-Pages  |  Stud Dogs  |  Which Sire?  |  Classifieds  |  Auctions  |  Videos  |  Adoption  |  Forum  |  About_us  |  Site Usage

Welcome to the Greyhound Knowledge Forum

   

The Greyhound-Data Forum has been created to act as a platform for greyhound enthusiasts to share information on this magnificent animal called a greyhound.

Greyhound-Data reserve the right to remove any post that is off topic, advertisements or opinions they consider to be offensive.

Please read the forum usage manual please note:

If you answer then please try to stay on topic. It's absolutely okay to answer in a broader scope but don't hijack posts by switching to something off topic.

In case you see an insulting post: DO NOT REPLY TO IT!
Use the report button to inform the moderators so that we can delete it.

Read more...

All TopicsFor SaleGD-WebsiteBreedingHealthRacingCoursingRetirementBettingTalkLogin to post
Do you have a question about betting, totes, odds or recent racing result
Then this is the place to ask them.

Where's the money coming from?

Bruce Teague
Australia
(Verified User)
Posts 2092
Dogs 0 / Races 0

08 Apr 2018 04:07


 (17)
 (0)


Scanning the world literature reveals that greyhounds are under some pressure everywhere.

Irish income has fallen dramatically over the last several years as punters found other outlets to patronise.

English owners and trainers reckon it is impossible to make a quid due to reduced prize money.

American tracks have rarely ever been profitable and those remaining are now totally dependent on subsidies from associated casinos.

Happily, the Australian business model has long been a sound one, primarily due to lots of races and a reliable wagering structure.

But that's history. Race numbers are holding up for the moment but empty boxes are more common, thereby threatening exotic betting. Wagering integrity has been destroyed by the fragmentation caused by multiple corporate "bookies" - and the resultant drop in TAB turnover. Prices are worse and more volatile while the corporates generally return less commission to the industry than TABs.

In parallel, unit costs are on the rise as more stringent regulations affect participants and more bodies appear at administration offices.

That's a squeeze play that demands lots of attention to finding fresh customers. I can't see anywhere that is happening. GAP programs - where they exist - are nice but are not designed to do that job so we cannot expect them to be revenue raisers.

It's about time we went out to flog the product.



Kevin Wright
Australia
(Verified User)
Posts 5708
Dogs 1 / Races 1

08 Apr 2018 10:07


 (0)
 (0)


I am one of your likes

Hope to see a few more come your way Bruce ...

Impressive Bruce no Dislikes ...


Michael Geraghty
Australia
(Verified User)
Posts 4138
Dogs 14 / Races 15

08 Apr 2018 12:19


 (3)
 (0)


I have also agreed.
It's the thing that I and some others have been harping on about for ages.
There seems to be an attitude within the PTB that is either "sit on hands, don't promote and it will work itself out OR promote a few feel good stories within the industry and completely leave out the public proper.

How do you get the PTB to go on a promotional blitz to the masses?
I don't think you can while they still have damage control attitude and hell bent on restricting growth.

The reason why there are no "dislikes/disagrees" Kevvy, is because for once old mate Bruce has decided to write a positive and constructive post...therefore positive response.

About bloody time, Brucey!
Keep it up old chap, good to see.
Don't know how long it will last, but...


Bruce Teague
Australia
(Verified User)
Posts 2092
Dogs 0 / Races 0

08 Apr 2018 23:08


 (1)
 (0)


Michael,

"How do you get the PTB to go on a promotional blitz to the masses?"

Racing administrations are bureaucracies overseen by a managing committee. Neither are accountable in the normal sense of the word. Government auditors simply check the additions, not the successful use of the funds. Examples are plentiful but try the millions spent on tracks without achieving any improvements - Dapto, Richmond, Casino, Bathurst, etc etc.

By definition, bureaucracies are geared to process paper, not to create fresh opportunities for the business. Your "damage control" comment is correct, which is why welfare and live baiting moves came only after the event. A good business anticipates "damage" and has a plan to address it before it becomes a cancer.

A better example is that AFL and ARL (whatever their other shortcomings) got stuck into the need to better cater for females and families. Cricket opened up a whole new world of fans, especially kids, with T20 games and all the hoopla that goes with that. V8s have virtually disappeared off the scene (although GM and Ford nearly went broke before they woke up) to be replaced by smarter performing and better equipped small cars which the public love.

Greyhound racing has made only one substantive change since the 1950s and that is to switch from grass to loam - but then they frequently stuffed that up because they are concerned only with process, not outcomes.

The direct answer to your question is to turn racing administrations into lively, transparent and accountable commercial corporations where failure to achieve progress means sackings. There is simply no other option - that's how the rest of the world exists.

PS: All my posts contain positive suggestions. Whether you agree or not is a different subject. However, it is hard to talk positively about an industry where most things are done badly.



Michael Geraghty
Australia
(Verified User)
Posts 4138
Dogs 14 / Races 15

09 Apr 2018 02:00


 (2)
 (1)


"All my posts contain positive suggestions."

**Stare**


Terry Jordan
Australia
(Verified User)
Posts 6013
Dogs 0 / Races 0

09 Apr 2018 03:31


 (5)
 (0)


Didn't last long Mick. It took just 2 paragraphs for Brucey to mention his pet subject "LB".
You blokes just acknowledged that Brucey was quoting the bleeding obvious. (World decline for Greyhound Racing).
Brucey the AFL &NRL realise Females make up more than 50% of the Worlds population. Must, Gotta be another market there? What happened to the Public Perception of "Mums wont let little Johnny play footy if he may get hurt" (The Women go at it 110%).
Brucey you DONT watch Motor/Sports! The Public LOVE V8 Car racing!

Now Brucey: Like Banks, Health Ins, Supermarkets etc When you become Highly Successful as the aforementioned. So does the SALARIES. You Brucey could become head of the Commonwealth Bank and make huge profits. Licence to print money it's called. Dosen't mean you have the Best, most suitable Candidate.
Brucey: We Greyhound Racing will never climb of the canvass under Political interferences & a unhealthy protection at all costs to wards the Thoroughbreds.

PS. Loved your last jibe Brucey! Quote: All my posts contain positive suggestions. WHEATHER YOU AGREE OR NOT! Classic!
Brucey YOU CAN COMMENT ON ANYTHING GREYHOUND RACING! FREELY! As NONE of it EFFECTS you in anyway. Dont: Train, Dont: Breed, Dont: Rear, Dont: Participate. WE on the other hand Brucey can be CHARGED with bringing the Sport into Disrepute with our comments.
Keep swinging Freely Brucey. 1 last thing Brucey, are you on a retainer from RSPCA, ANIMAL RIGHTS AUST, GREENS etc? To keep mentioning 'LB" It's becoming monotonous and boring Brucey.


Rod Hampton
Australia

Posts 1626
Dogs 2993 / Races 11817

09 Apr 2018 04:43


 (3)
 (0)


Is there anyone at GRNSW with any sort of success in marketing?
If they're employing advisers, then it's time to get some better people, with proven successes under their belt.


Bruce Teague
Australia
(Verified User)
Posts 2092
Dogs 0 / Races 0

09 Apr 2018 05:22


 (1)
 (6)


Terry,

This thread is about incomes. As you have noting to contribute, silence would be the best policy.l

Do you have any evidence of your assertions - most of which are way off topic?

And ignore history at your peril.

PS We are all subject to defamation actions. They could be much more costly than being flayed with a lettuce leaf by GRNSW.




Terry Jordan
Australia
(Verified User)
Posts 6013
Dogs 0 / Races 0

09 Apr 2018 07:46


 (4)
 (1)


Bruce Teague wrote:

Terry,

This thread is about incomes. As you have noting to contribute, silence would be the best policy.l

Do you have any evidence of your assertions - most of which are way off topic?

And ignore history at your peril.

PS We are all subject to defamation actions. They could be much more costly than being flayed with a lettuce leaf by GRNSW.


Do you have a problem with Corporates Brucey? Ladbrokes are doing more for Tracks in this state than GRNSW. Money Money Money!
Tell us all about your income from Greyhounds? Better still tell us your costs?.........Waiting


Bruce Teague
Australia
(Verified User)
Posts 2092
Dogs 0 / Races 0

10 Apr 2018 00:51


 (0)
 (0)


Terry,

"Do you have a problem with Corporates Brucey?"

Yes, as I have explained many times. Funny thing, originally I welcomed them as they had the effect of stirring up a moribund wagering sector. I also opposed the abuse they got from V'Landys and company. In the end, he was right (but for the wrong reasons) and I was wrong. They are neither totes nor bookmakers but simply financial manipulators. That's well illustrated by the fact that Crownbet is now under the spell of a Canadian outfit whose sole purpose in life is online gambling - poker etc. Would not have a clue about racing.

Ladbrokes are not "doing more" anyway - you are. It's their customers that are paying for those "donations".

But I would wear all that, were it not for the fact that they have effectively destroyed the integrity of the wagering market. Pricing is now a farce. Rip-offs are normal due to their prices and punitive conditions and rules. No sensible punter can participate any more.




Terry Jordan
Australia
(Verified User)
Posts 6013
Dogs 0 / Races 0

10 Apr 2018 21:22


 (0)
 (0)


The position we are in Bruce re: TAB, CORPORATES was caused by State Governments. Firstly selling of Profitable Goldmines TAB's (Public Utilities) then encouraging Corporates to set up. Now 2sets of Taxes! Now getting GREEDY again, lets Introduce a CONSUPTION TAX!
We would never have the great Prizemoney, In all 3 Codes if not for the TAB. It was a Red/Letter, Water/Shed day back in the 60's when our TAB's kicked off. We should be forever grateful!
POKIES will/could be our downfall. Need to be only available to play at Casino's! Betting on Politics, Royal Names, Ist Goal, 1/2 time lead, etc needs to be scrapped. As with On/Line Poker, Virtual Racing. All weakening a shrinking Pool. You re right about price rip/offs, Tote prices are not being updated continually and Punters are feeling ripped of. The Bigger Corporates will in time swallow up the smaller least profitable ones. The Corporates offer far greater FREE Incentives to bet with them Bruce. (Yes most have conditions, you need to Bet smart). Amalgamated TAB's will attract greater corruption & manipulation.


Bruce Teague
Australia
(Verified User)
Posts 2092
Dogs 0 / Races 0

11 Apr 2018 00:35


 (0)
 (0)


Terry,

I agree with much of what you have just said.

Some differences, though. Selling off TABs did have problems, largely because they chose the highest bidder, and those bidders paid more because they got offered lots of protection against bookmaker competition (oncourse only at that time).

But never did they "encourage" the corporates. Quite the opposite - they opposed them, spurred on by TABs and gallops organisations who liked the higher commissions from TABs - and partly also due to opposition to Betfair and "betting to lose".

Indeed, it was the TAB-inspired barriers to bookmaker operations that caused the original move to the NT (by Sydney bookie Mark Read). Others followed suit - from Brisbane, Melbourne and Adelaide.

Stage 2 came about when those bookies had made their millions and sold out to pommies who had long experience dealing with UK rules and who had therefore decamped to Spain and Malta.

By this time, these corporates were playing nice guys and succeeded in getting southern state governments and their respective codes to accept commissions much lower than the TABs were legally bound to. For the life of me I cannot work out why that happened in that way. All that was in exchange for legal access to the field lists. (IT technology allowed interstate entities to take bets from local punters but it also allowed local authorities to torpedo any access to field lists).

But none of those southern governments wanted to, or were able to, negotiate the conditions the corporates applied to betting. Hence the use of restrictions on winners' accounts, amounts bet and payout rules. Only the NT could have managed that but chose not to.

Essentially, the corporates were able to work with minimal expenses and bung rules. The huge cost differences between them and the TABs enabled the corporates to start offering sign-on bonuses as well as incentives or naming rights to clubs.

Those sign-on deals are once only, don't forget.

Re "Tote prices are not being updated continually and Punters are feeling ripped of" - Totes update according to a defined process which is a function of the time available prior to jump. It might starts at a minute and end up at 15 sec. The volatility is a function on late betting by dog punters and small pool sizes - all affected by running races and meetings close together.

I don't have a problem with the principle of a consumption tax (as in SA) but the twits decided to base it on the corporates' surpluses rather than on turnover. Heaven knows why. So a bad (losing) bookie will pay nothing. RV went down that road until RNSW demonstrated they were losing millions by using that option (see High Court case).

Anyway, some of the corporates are not making profits and considering getting out - too much competition? But none of them act like bookmakers. They are simply financial manipulators, like money changers in a side street.

Either way, the system is now out of control because a substantial part of the market is virtually unregulated. TABCORP/Tatts merger will help a bit by raising pool sizes but it will not fix the problem. Only national controls can do that - providing NT agrees.



Raymond Peter Fewings
Australia
(Verified User)
Posts 248
Dogs 0 / Races 0

11 Apr 2018 22:03


 (0)
 (0)


Corporates only want unsuccessful punters as customers.If there are no restrictions on you and me it simply means they have decided we are doomed to lose. They Only bar or restrict winners. Sadly I am rated in the loser category.

posts 13