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E43 - Wagering and Niche Sports Betting

Business of Betting Podcast

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The Rise of the Minimum Bet Laws

When I first started there was a vibrant marketplace like there was betting back going on between the corporates. The money sort of flowed around and then would eventually finish up in that tote pool for Tasmania because the rebates were attractive. Then as the European influence UK European influence came into the market when the patty powers the bet three six fives the winning hills of the world and just the migration of not so much well people are bit like me that had moved that had been in the UK and moved back. It just basically came down to a business decision where at that stage it was cheaper to employ a risk department to go through and analyse accounts and determine which accounts were going to be profitable

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