As deadline looms on betting fees
tion relating to race fees, and a comparison made to Victoria, “beggars belief”.
Victoria changed its model last year and it now encapsulates bookmaker revenue, while keeping the turnover base.
As a result, returns to the industry have been significantly higher.
It will be interesting to see how the new RQ regime deals with Betfair, as the previous board constructed a set of fees that effectively ruled out the exchange from operating on Queensland race meetings.
SPEAKING of Betfair, Chautauqua got out to $8 in the run before blowing his rivals to pieces at Moonee Valley on Saturday.
Betfair punters sent him out at $2.72 when the gates opened, but layers were happy to offer more generous odds when he drifted so far back.
Those that took the $8 would have been on good terms as the grey produced a burst of acceleration that probably can’t be matched by any other horse in the country.