I think next Q T.O will increase from last Q, assuming NEDS and...

I think next Q T.O will increase from last Q, assuming NEDS and Ladbrokes deal is implemented within this time frame. I'd be surprised if the UK or US deal has a short-term affect on T.O. Sure the Spring Carnival is the most popular time for casual-punters, but i think it's unlikely there would of be significant T.O from the casual-punter in this time. Majority of these causal-punters will head down their local TAB for a bet, not setup an account to receive better odds on the Global Tote.

These figures are encouraging but can and should increase in the next Q.

As we sit, it appears the vast majority of T.O outside of Wednesday & Saturday racing is coming from the Professional punters, majority by Sean Bartholomew. Once retail money is injected from the likes of NEDS and Ladbrokes looking to offer their customers better odds, we should see T.O increase significantly. By creating larger pools we should see T.O again increase off the back of further professional/syndicate money looking for a price edge.

Global Tote odds have proven to be superior to the TAB odds and more often then not superior to the corporate bookmakers Starting Price/Top Tote product (SP+TT) which offers Starting Price and best of the three totes. Hopefully the likes of Sportsbet will get involved, however i'm sure the TAB will be boosting rebates for all the corporate bookmakers with the hope of retaining their business.

Big year ahead for the Global Tote and TBH, let's hope they continue to hit the mark.

GLTAH