curious

From yesterday's NZTR roadshow. Just scribbled these down but think I have them right. Yr1 Yr 6 % incr. Average bet 13.2 13.2 0% Account customers 280k 380 36% Bets per customer 545 600 10% Revenue per active bettor 950 1050 10%

Yes. It's hard to work out whether it's a lack of advice from Strathayr or a failure of ATR in following that. Wilcox has already said that there was a discrepancy between what they did in the week leading up to Millions day, from what Strathayr said they should have done. Wilcox also said the track needs resting for the winter to allow further development of the surface. Regardless, it seems very risky to ATR, NZTR and the RIB to proceed with racing there given the limited testing and actions that we know about since the poor performance of the track. Hopefully, the weather complies and they don't have to discover whether it is safe in the face of any light rainfall again.

My sentiments exactly. Going round at jumpers pace is not exactly a test and Wazza is quoted as saying the track is only as good as it was before the Millions, but needs more work which he suggests should be achieved by racing on it? Phantomcoring removes 1% of organic matter. Sounds like a more significant renovation is needed.

Give Butch a ring. He's the CEO.

I passed after ticking quite a few buckets!

I think one of the main reasons was that they thought they were losing punter spend to off shore FO bookmakers and that would accelerate if they did not offer a competing product.

Are they still paying Betfair/Paddy Power $40m a year for that, or are Entain/Ladbrokes now providing that?

No it's 2022. https://www.tabnz.org/reports

1995

I did eventually get the yields for 4 years about that time and from memory the gross FOB return ranged from 2+% - 12% p.a. Never did look at the cost increases though.

What's happening on the geoblocking anyway?

Lot lower costs too. Might be the go.

Yes please. I'm looking for that too, especially venue/meeting comparisons.

Friction or a lack of it is maybe the result but it is the surface tension (of the track) that is restricting the water permeating causing the lack of friction between that water layer and the surface below.

Well, I might be wrong. I think you are taking it as meaning a quality of the water but I think Strathayr are using it to mean a quality of the track surface.

I don't think that's the point. Not that you'd find many 600kg horses going round. As I understand it, the higher surface tension pre`vents the water from light rain, such as Ellerslie expēriēnced, penetrating that surface so you have much wetter soil and/or surface water in the top few mms causing a slippery surface.

A thick layer of roots just below the surface would certainly increase surface tension by preventing water infiltrating, but how could they not know it was there?

You could ask the question for sure but I'm pretty sure the answer would be no. They are not in the business of giving even losing punters, large amounts of money in advance and they'd have to make such a deal available to all then wouldn't they?

Probably, as you suggest, where they are not unduly exposed anyway and they rate the chance of the horse winning close to 100%. So, the promotional value exceeds the risk and it encourages earlier turnover of that money.

Haha

Isn't he doing that in spades already?

Petal was the give away I think 🙂

Might have trained top 3yo Princess Patrice as well?

Was it Waiuk? or Waiuku? Think he won a few at the races there too didn't he? Sounds like you might have had an overnight sex change Pete. If so, congratulations.