Australian racing

[Lutruwita]

I only ever received the email about com rising to 10%

[Bog]

I only ever received the email about com rising to 10%

Same here. But if you look on betfair website at market rules, now it says " This is a Harness Racing NSW Turnover Charge market"

Newcastle & Bathurst harness have the same market rule....

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I found more info on Betfair Australia website. Now we have turnover charge on NSW harness...
https://www.betfair.com.au/hub/nsw-harn ... er-charge/

From 1 August 2021, the Harness Racing NSW Turnover Charge will apply to customers who, in any week (Monday to Sunday GMT), meet each of the below criteria:

Harness Racing NSW Turnover Charge Criteria (applicable from 1 August 2021)

Matched back bets placed in 1 or more Harness Racing NSW Turnover Charge Markets
Matched back bets with an aggregate value of AUS $1,000 or greater on Harness Racing NSW Turnover Charge Markets
Total Commission generated on Harness Racing NSW Turnover Charge Markets is less than 1.00% of aggregate matched back bets

Harness Racing NSW Turnover Charge Rate

The Turnover Charge will be 1.80% of the aggregate value of matched back bets on Harness Racing NSW Turnover Charge Markets.

[Derek27]

Hi. Harness Racing in NSW have Turnover Charge now?

@Wagga market rules : " This is a Harness Racing NSW Turnover Charge market."

Thanks for the heads-up. It seems to apply to UK as well but I don't know why they call it "Harness Racing NSW" turnover charge market if it contributes to the same $6000 limit.

[Bog]

Thanks for the heads-up. It seems to apply to UK as well but I don't know why they call it "Harness Racing NSW" turnover charge market if it contributes to the same $6000 limit.

No problem Derek. If I didn't misunderstand the new rules, I think the AUS $1,000 for NSW harness it's separated from the AUS $6,000 limit for NSW thoroughbred markets. (?) Maybe someone can clarify this.

[Derek27]

Thanks for the heads-up. It seems to apply to UK as well but I don't know why they call it "Harness Racing NSW" turnover charge market if it contributes to the same $6000 limit.

No problem Derek. If I didn't misunderstand the new rules, I think the AUS $1,000 for NSW harness it's separated from the AUS $6,000 limit for NSW thoroughbred markets. (?) Maybe someone can clarify this.

The UK T&C don't seem to mention anything about it but the market rules say "this is an NSW harness turnover charge market". Confusing but I don't trade them anyway.

[Bog]

The UK T&C don't seem to mention anything about it but the market rules say "this is an NSW harness turnover charge market". Confusing but I don't trade them anyway.

I trade them from time to time. I think I found something. It was on the same Betfair Australia article:

Please note that the Harness Racing NSW Turnover Charge is incurred separately from the Racing NSW and NRL Turnover Charges.

[ShaunWhite]

Thanks for the heads-up. It seems to apply to UK as well but I don't know why they call it "Harness Racing NSW" turnover charge market if it contributes to the same $6000 limit.

No problem Derek. If I didn't misunderstand the new rules, I think the AUS $1,000 for NSW harness it's separated from the AUS $6,000 limit for NSW thoroughbred markets. (?) Maybe someone can clarify this.

hi bog, maybe an obvious question but will this be all NSW Harness racing? Or just races of a certain grade and above.

To keep life super simple I don't bet on any NSW tracks that run thoroughbred races (although I could have bet the harness races at those tracks, I don't), BUT I do bet at all the NSW tracks that only do harness racing. Looks like I need to make a change to exclude those too? So basically if it's NSW then swerve it. ....my margins are too small to mess about doing $1000 or $6000 in back bets.

[gazuty]

First G1 of the Spring Racing Season - Memsie Stakes Day - https://www.punters.com.au/news/memsie- ... ew_200866/

Here we go, best wishes to all forumites from now till the end of the Melbourne Cup Carnival.

[Derek27]

Highlight of the night for me was my beef-mushroom pasta stir-fry, sadly.

[Euler]

Good numbers at Caulfield last night.

[gazuty]

Good numbers at Caulfield last night.

There were a few strange things. As you show there in the table the G1 feature didn’t top the volume - in fact it didn't get close.

I had an ok day but set a more aggressive automation on the feature and fluffed it. Still, lots of G1s to come.

[gazuty]

This may be a handy link for those who haven't come across it - (doesn't cover harness but I've dropped all harness from my roster)
https://racing.racingnsw.com.au/FreeFie ... ?State=NSW

Helps me at the start of the day, lest anyone blows through turnover tax.

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Agghhhh - Mooney Valley today. I struggle with that track.

[Euler]

Looks like a quieter session today, but nice to see things picking up again down under.

[Derek27]

What's happened to Rosehill, again at Kembla?

[Lutruwita]

What's happened to Rosehill, again at Kembla?

Basically Australia's terrible vaccination rollout/people's refusal and health advice against taking Astra Zeneca.