Hong Kong World Pools offered on Cape Town Met Day

TAB 4Racing Media Release
Johannesburg, 19 January 2023
Hong Kong World Pools offered on Cape Town Met Day

The Cape Town Met race meeting at Hollywoodbets Kenilworth on Saturday, 28 January, promises to provide South African punters with the biggest betting extravaganza of the year – provided they bet with TAB.

While TAB will boost the Pick 6 and Quartet on the main race with R1-million carryovers, the last nine races on Met Day will also offer South African bettors the opportunity to bet into the Hong Kong Jockey Club World Pools.
TAB Win, Place, Exacta, Swinger and Quinella (first two horses across the line in any order) pools on Races 4 to 12 at Kenilworth will be commingled into the Hong Kong Jockey Club tote, which operates the biggest tote pools in the world.

Last year, with punters from around the world betting into the Hong Kong World Pools, a whopping R650-million was wagered with the Hong Kong Jockey Club tote on eight of the 12 races at the Met race meeting. This will surely be surpassed this year as nine races form the World Pool event this time round.

The World Sports Betting Cape Town Met achieved the highest turnover of the eight races in 2022 with a total of R97.8-million wagered into the World Pools on the race.

The Quinella and Swinger (Quinella Place) were the most popular bet-types again. Quinella pools on Met Day last year averaged R20.5-million and Swingers R19.4-million.

Because of the size of these pools, TAB customers can rest assured that they can bet big amounts without significantly diminishing pay outs.

All other tote pools at the meeting will be hosted by TAB as usual and these include the Pick 6, which is set to total R10-million as a result of a R1-million carryover.

TAB is also offering two other carryover pools. The Quartet on the Met, in which players must select the first four to finish in the correct order, gets a R1-million boost that should generate a total pool of over R5-million.
The second Bipot (races 7-12) will be boosted by R200,000 and the pool is expected to top R1-million.

Three TAB Jackpot pools will also be offered after the success of last year’s inaugural three-Jackpot Met meeting. Jackpot 1 will be on Races 1 to 4 with Jackpot 2 on Races 5 to 8 and Jackpot 3 on the last four races.

TAB betting on the meeting will open on Friday 27 January because pools must open simultaneously with Hong Kong tote pools.

TAB customers must note that Hong Kong tote rules will apply in all World Pool bets.

Can you find out from them if they intend to add in a carryover pool/amount for the Pick 3.

So many Pick 3s get carried over but once in a blue moon, we get an add in.

The Cape Town Met race meeting at Hollywoodbets Kenilworth on Saturday, 28 January, promises to provide South African punters with the biggest betting extravaganza of the year – provided they bet with TAB.

What absolute rubbish. You get the exact same benefit by supporting your bookmaker in the open bet. Let the HK punters build the kitty and we benefit from it.

Over the Air wrote:

The Cape Town Met race meeting at Hollywoodbets Kenilworth on Saturday, 28 January, promises to provide South African punters with the biggest betting extravaganza of the year – provided they bet with TAB.

What absolute rubbish. You get the exact same benefit by supporting your bookmaker in the open bet. Let the HK punters build the kitty and we benefit from it.

Every punter has a choice to wager his bet but with our model where the revenue and stakes is derived from wagering bets on the Tote sooner or later every operator including the revived Cape Racing will be financially distressed and eventually it will be the end of them.

You can come up with all the fancy ideas and incentives but for how long can you pump money without recouping your money back when it relies so heavily on the Tote.

naresh wrote:

Over the Air wrote:

The Cape Town Met race meeting at Hollywoodbets Kenilworth on Saturday, 28 January, promises to provide South African punters with the biggest betting extravaganza of the year – provided they bet with TAB.

What absolute rubbish. You get the exact same benefit by supporting your bookmaker in the open bet. Let the HK punters build the kitty and we benefit from it.

Every punter has a choice to wager his bet but with our model where the revenue and stakes is derived from wagering bets on the Tote sooner or later every operator including the revived Cape Racing will be financially distressed and eventually it will be the end of them.

You can come up with all the fancy ideas and incentives but for how long can you pump money without recouping your money back when it relies so heavily on the Tote.

.....4Q will take the big hit long before the Cape boys do.....the tipping point could come when 4Q will have go again to MOD with their begging bowl.....:oops:

.....what incentive is the tote going to conjure up to even match WSB 20% on deposits for their Met promo..... :huh:

The only amicable solution here is for the pools to be split.
A. Tote has it's own pools and dividends declared according to the winning tickets.
B. Bookies whether ABC or HWXYZ all together commingle the bets and declare a dividend according to the winning tickets.

In this way all the pools must be taxed and the takeout redistributed to the coffers of racing so that the show must go on.

great initiative