Yesterday’s Daily Telegraph contained a report by Ray Thomas about a planned 10% win bonus on the NSW TAB for on-course punters.
Whilst there are some questions about how the bonus will be applied, the rumoured initiative – which is odds on to happen if Ray’s mail is true to form – should be welcomed by punters, particularly if it becomes a regular occurrence.
Importantly, the planned bonus suggests that Tabcorp believes that the price of wagering is an important factor for punters. Important enough, they think, to draw punters back to the race track. Surely it can’t be too much of a stretch for racing administrators to recognise that take out rates will influence more than simply who punters choose to bet with – it will also influence what products they choose bet on.