Betfair V Racing Nsw

Interested in racing? We have collected a lot of interesting things about Betfair V Racing Nsw. Follow the links and you will find all the information you need about Betfair V Racing Nsw.

Betfair/Sportsbet v NSW Racing High Court > Betfair ...

https://community.betfair.com/australian/go/thread/view/93998/28236545/betfairsportsbet-v-nsw-racing-high-court

Starts tomorrow according to High Court list of business. I am surprised it has not got more coverage because the decision may determine how racing AND sports can charge others who offer betting on their products.I am pessimistic about the outcome.

Racing NSW | Horse Racing Resources | Betfair Australia

https://www.betfair.com.au/hub/racing-nsw/

If you’re looking to bet on Racing NSW products then you need not look further than the Betfair Exchange. We won’t ban you, limit, or restrict your bets. In fact, we will do the very opposite. And with liquidity on all products increasing by the day, there’s never been a better time to Back and Lay your bets on Betfair.

Case S116/2011 - High Court of Australia

https://www.hcourt.gov.au/cases/case-s116/2011

Constitutional law — Freedom of interstate trade — Applicant a licensed betting exchange domiciled in Tasmania — NSW legislative scheme prohibited use of race field information without approval and authorised imposition of fee as condition for approval ("Scheme") — Fee imposed on all wagering operators irrespective of whether domiciled in NSW …

Racing NSW Race Fields Fees Explained | Betfair

https://www.betfair.com.au/hub/racing-nsw-race-fields-fees-explained/

From 1 July 2017, Racing NSW will introduce a 33% increase to the race fields fees charged to Betfair for its Standard meetings, increasing fees from 1.5% of turnover to 2.0%. Additionally, some Standard meetings will be upgraded to Premium meetings attracting a higher fee of 2.5%. Racing NSW has a further category, Premier, which has a rate of 3.0%.

NSW Race fields - the Sportsbet and Betfair first instance ...

https://www.claytonutz.com/knowledge/2010/october/nsw-race-fields-the-sportsbet-and-betfair-first-instance-decisions

Although the Betfair and Sportsbet cases were run on different grounds, both constitutionally challenged aspects of the Racing Administration Act 1998 (NSW) and Racing Administration Regulations 2005 (NSW) ( Race Fields Legislation) which had effect from July 2008. Under the July 2008 amendments to the Race Fields Legislation, racing bodies were to collect a fee (not …

Racing NSW's response to Betfair likely to hurt punters ...

https://horsebetting.com.au/racing-nsws-response-to-betfair-likely-to-hurt-punters/

The increase means that from July, Betfair will have to pay 56 percent of its revenue on racing in New South Wales to RNSW. As a result, a normal midweek meeting will now be 51 percent more expensive than the Melbourne Cup. Not only does Betfair suffer, but punters using Betfair will take a hit in the pocket. The increase in fees from RNSW has resulted in …

The NSW Pricing Effect: How It Affects Winx, Betfair ...

https://www.betfair.com.au/hub/how-nsw-pricing-affects-punters-and-betfair/

The flaws of a BBV model on Harness Racing NSW markets are evidently clear when we take a look at in-play markets on Betfair. Across Harness Racing NSW markets for the month of July 2021, the weighted average odds of a runner were 2.55, compared to thoroughbred markets where the weighted average odds of a runner were almost twice as much.

Racing NSW Turnover Charge | Betfair Commission & …

https://www.betfair.com.au/hub/turnover-charge/

One of the unique benefits of the Betfair Exchange is the ability for customers to trade in and out (back and lay) as prices on a market fluctuate in the build up to the jump and then in-play. Unfortunately, Racing NSW have a race field fee approach (the Turnover Model) where every “back bet” attracts a race field fee, even if a customer is trading and therefore generating …