Wager limit in new year

RACING Queensland confirmed yesterday that minimum bet limits will apply on Queensland thoroughbred races from January 1.

Wagering operators will be required to bet punters to lose $2000 on metropolitan meetings and $1000 on all others from 9am on race day.

The new laws prohibit wagering operators – unless an exclusion applies – from closing a person’s account, refusing to open an account, placing restrictions on accounts, refusing to lay a relevant fixed-odds bet and laying lesser odds than those publicly displayed.