TAB launch Fixed Odds Betting

.....well even the Ozzies don't seem to be pleased with this TAB/Tote product......lifted this little rant from a downunder blog site....they say the service is shyte......:ohmy:

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I see the last at Caulfield yesterday had the winner starting at $7.00. TAB fixed odds paid $5.50. Yet again, the TAB misleads its investors into thinking that they are offering a real bookmaking service.

Laws Clause: 1 investment on the day, got winner of race 7, invested on two horses in the race. No investment on the race in question.

Is TAB meant to be providing a proper bookmaking service?

Are fixed odds meant to be reflective of the betting on track?

Are fixed odds set at a level below actual prices because TAB knows that they can do whatever they want?

Gee I love racing and getting onto Betfair and other internet bookmakers.

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Tab Australia?

:huh: ......dunno.....fixed odds offered by several of these TAB companies Ozz has many......TAB.COM TabCorp TabTouch.....guess its regional betting agencies Ozz a big place fewer people but they will punt anything.....