Tellytrack misconceptions

Don Wrote:

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> stupid question: racing's money is generated from
> betting (punters). How is football's money
> generated (UK) ?


TV rights, gate tickets, sponsorship, merchandise sales.

fogwils Wrote:

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> If the TOTE system is so bad WHY is it so
> successful in France where to my knowledge there
> are no Leeches, sorry Bookies or some Clanners
> state Accountants. When last I looked into it
> France had the strongest Racing in Europe, not a
> third world country.
>
> IMVHO don't bash the principal of a TOTE just
> because it is being mis-managed in RSA.

I couldn't agree more ................heaven for me would be a WELL MANAGED tote but including a fixed price market bolted on (AKA betting exchange)
Its a natural extension as it is also person to person betting (as identified by the gambling commission)
Unfortunately management can't seem get their heads around the benefits ,but the fact that the bookmakers are the most violently opposed should give them a clue!

fogwils Wrote:

---

> If the TOTE system is so bad WHY is it so
> successful in France where to my knowledge there
> are no Leeches, sorry Bookies or some Clanners
> state Accountants. When last I looked into it
> France had the strongest Racing in Europe, not a
> third world country.
>
> IMVHO don't bash the principal of a TOTE just
> because it is being mis-managed in RSA.


Good point. Just look at Hong Kong (you get a jail sentence if you bet on racing with a bookie, if I recall correctly)!