“these two
measures allowed the TAB to move individual product rates up and down,
within the constraints of the annual average limit of
16 per cent and a
top rate for any one product of 25 per cent.
The proposed
changes will continue to
protect TAB
punters from any form of price gouging.
The changes will
leave the 25 per cent maximum take-out rate in place, and will replace the
16 per cent annual average cap with a defined cap for each betting pool
currently offered by Tabcorp.
Those caps will be
set at the current rates being charged for each product, which are as
follows:
Type
of wager Retained by TAB
win
14.5%
place
14.25%
quinella
14.75%
exacta 16.5%
trifecta 21%
duet 14.5%
doubles 17%
first 4 22.5%
quadrella 20%
Big6 25%
FootyTAB 25%