Look at the crowds,razzamataz and wow at the prizemoney..

hibernia Wrote:

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> £2.2 M(r25m?) prizemoney for the Japanese ST
> Ledger,massive crowds and a brilliantly run jockey
> club..
>
> How do they do it? RACE REPLAY

No bookies.

Tipster Wrote:

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> hibernia Wrote:
>

---

>

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> > £2.2 M(r25m?) prizemoney for the Japanese ST
> > Ledger,massive crowds and a brilliantly run
> jockey
> > club..
> >
> > How do they do it? RACE REPLAY
>
> No bookies.


They had no bookies when they identified the problem........maybe sensible strategy and good management did it.
I for one will give up racing if they remove the fixed price bet .......I don't think I would be alone.

Rob Faux, I'm not against the fixed price bet or against bookies for that matter, there is just the problem of returns to racing.

rob faux Wrote:

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> Is the open bet going to close down racing or
> should we strategise to beat it..............if
> Saftote bolted on a fixed-price tote it would have
> leverage with the bookmakers by taking back a lot
> of the fixed-price market..........commingling
> "causing" 5/1 shots to pay R2.50 a win and R1 a
> place isn't helping............................
> Is it not time the tote re-invented itself?
>
> This open bet excuse reminds me of still blaming
> "The Old Regime" for electricity
> shortages.............we have to move on and fight
> back for goodness sake............The CASE WAS
> LOST..............there are no more
> appeals...........you have to find another
> solution!.........or give up of course.


Exactly what went through my mind;

We blame... APARTHEID
We blame...THE OPEN BET
We blame...OURSELVES??? NEVER!

rob faux Wrote:

---

> Is the open bet going to close down racing or
> should we strategise to beat it..............if
> Saftote bolted on a fixed-price tote it would have
> leverage with the bookmakers by taking back a lot
> of the fixed-price market..........commingling
> "causing" 5/1 shots to pay R2.50 a win and R1 a
> place isn't helping............................
> Is it not time the tote re-invented itself?
>
> This open bet excuse reminds me of still blaming
> "The Old Regime" for electricity
> shortages.............we have to move on and fight
> back for goodness sake............The CASE WAS
> LOST..............there are no more
> appeals...........you have to find another
> solution!.........or give up of course.

I think they've fought back pretty well with the soccer bets.

Absolute telling statement imo.......... Phum TAKE NOTE :

'Where does the prize money come from? The consumer pays for it. Our first duty, therefore, if we are to run a successful business, is to make our consumers happy so that they keep coming back to do business with us. It is the right of the fan to be the first to be considered. Everything else is secondary. The fans are where we must look to grow our business. Not the owners. Not the breeders.

Tipster Wrote:

---

> rob faux Wrote:
>

---

>

---

> > Is the open bet going to close down racing or
> > should we strategise to beat it..............if
> > Saftote bolted on a fixed-price tote it would
> have
> > leverage with the bookmakers by taking back a
> lot
> > of the fixed-price market..........commingling
> > "causing" 5/1 shots to pay R2.50 a win and R1 a
> > place isn't helping............................
> > Is it not time the tote re-invented itself?
> >
> > This open bet excuse reminds me of still
> blaming
> > "The Old Regime" for electricity
> > shortages.............we have to move on and
> fight
> > back for goodness sake............The CASE WAS
> > LOST..............there are no more
> > appeals...........you have to find another
> > solution!.........or give up of course.
>
> I think they've fought back pretty well with the
> soccer bets.

You ARE kidding right...........soccer bets are not fixing local racing ,they are subsidising it .....
And if you are right ...why you still dwelling on the open bet?