Urgent!!!!! TAB Pools continue their cataclysmic collapse

  • Sylvester
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Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 7 months ago - 3 years 7 months ago
#827870
2019 Kenilworth
29 October Tuesday 2019
PA POOL 600K
BIPOT POOL 241K
P6 POOL 854K

2021 Kenilworth
26 October Tuesday 2021
PA POOL 209K
BIPOT POOL 131K
P6 POOL 454K

The percentage declines are eye watering.

i excluded 2020 because of COVID

we cant blame COVID anymore

Current Heads need to roll and new Heads need to find solutions ASAP.

PS. I had to google Cataclysmic!
Last edit: 3 years 7 months ago by Sylvester.
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  • Dave Scott
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 7 months ago
#827873
Thank you Sly if you take normal inflation also into consideration, it does make for scary reading.

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  • Sylvester
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 7 months ago - 3 years 7 months ago
#828044
2019 Vaal
31 October 2019
PA POOL 443K
BIPOT POOL 279K
P6 POOL 1.135 MIL

2021 Vaal
28 October 2021
PA POOL 299K
BIPOT POOL 162K
P6 POOL 656K
Last edit: 3 years 7 months ago by Sylvester.

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  • Sylvester
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 3 months ago
#836083
Todays pools

BIPOT 158K
PA 277K
P6 373K

Not great for the stakes pot.

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  • Dave Scott
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 3 months ago
#836084
I can't see 4 Racing helping the position and very concerned when no GC racing is being televised can only get worse 🤔

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  • Sammy Silver
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 3 months ago - 3 years 3 months ago
#836093
The entire racing funding model needs to change. Cannot rely on punters to fund the game!!!


Reminds me of SABC trying to fund themselves by charging a licence fee
Last edit: 3 years 3 months ago by Sammy Silver.

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  • mikesack
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 3 months ago
#836096
Frontline staff are no longer interested in selling to punters.
Going through the motions and treating customers as if they are mosquitoes will not keep them in jobs for too long.
There needs to be total commitment from all participants and a realisation that co- existence between all parties is important in order to survive let alone show any growth.
Of course there are those who will continue to sing about how the offshore punters and their funds are boosting our pools.

Today's pools..... let them eat humble pie.

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  • Garrick
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 3 months ago
#836107
To add a measure of realism we should also take into account the following :

A by product of the Covid era appears to be this :

A percentage of better heeled punters who probably still had access to unutilised credit during and shortly after the worst of Covid. Credit cards, loans and bonds offered stopgap & temporary liquidity. I work in financial services and predicted that a lot of the carnage would only start to really reveal itself after the festive season in early 2022. It seems to be manifesting itself now.

The chickens now seem to be coming home to roost with a vengeance and even addicted punters have probably run out of financing options. Since the beginning of this year I have witnessed a significant uptick in clients from my own clientele accessing what is left of their discretionary savings.

Now add the following to this toxic mix :

The ongoing migration of betting to bookmakers by punters in search of a better experience with their service providers.
The developing disenchantment with the rescue/takeover
What appears to be quite a large number of formless results stemming, in part , from the poor quality of the horses racing in the better supported centres.
The worst group of riders I have witnessed in my 50 year racing career which contributes to the point above.
Some punters may also have become more selective in the meetings they support.
The strength of sports betting and the more professional manner in which it is presented; making it a more attractive betting option.

I may be wrong but even I (a recovering addict!) pulled the plug and have not looked back.
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  • Bob Brogan
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 3 months ago
#836160
Todays pools

BIPOT 158K
PA 277K
P6 373K

Not great for the stakes pot.

These pools are nearly as small as Kimberley and you know what happened there

Remember the Vaal rumours last year?

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  • eramutsamaya
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 3 months ago
#836165
All along i thought SA racing was on life support for longest time and 1 Mar is fast approaching. The plug will be pulled out anytime.

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  • naresh
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 3 months ago
#836166
We going to end up like the UK. Small stakes and the feature races dominated by the big stud farms and the Sheiks from the Middle East. As I stated before it will be truly the "Sport of King" in South Africa soon.

They need to go back to court for the Open Bet to be banned. If the Tote crashes and no bet is struck the bookies cannot determine any dividend. How they lost the case is beyond belief.
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  • Dave Scott
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Re: Urgent!!!!! TAB Pools continue their cataclysmic collapse

3 years 3 months ago
#836167
They need to go back to court for the Open Bet to be banned. If the Tote crashes and no bet is struck the bookies cannot determine any dividend. How they lost the case is beyond belief.[/quote]

Naresh I have asked this question on numerous occasions, if you consider the dividend was based on their "intellectual property ".
However probably lost more to lack of customer service in the long run ?

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