Sport and Pokies

[Rocky Rhodes]

This is from the wife, she's worked in hospitality accounting for years.

Average they work on is 80-85% return to punters and the rest goes to the venues. That's for the lifetime of the machines. And that's averaged out, different machines are set differently. Monthly is a selective way to look at the issue.

It's that 15-20% profit the venues will be caned on tax wise.

Currently in QLD pay approx 40% tax on profit and NSW approx 30% tax on profit.


I'm not a pokie player. But I love a game of poker.

That's what i heard as well. The people whinging about restrictions should realise that poker machine are a restriction in themselves.

Restrictions or help for problem gamblers is a good idea IMO. The major clubs wouldn't die, that is a lie to protect their profits.

If you don't like restrictions then gamble on horses or dogs etc.

[Rocky Rhodes]

The difference it will make to the community is to toss lots of workers out of their jobs and onto the dole queues at Centrelink.

Clubs will go broke...St George Leagues club will have to spend $6m ...unaffordable its boss has said publicly.
Small clubs, bowling clubs...bye bye the jobs of staff.

TAB...horses, dogs, trots.
Sports betting agencies.
Online gambling.

Gamblers will just turn to them instead of pokies...as one former addicted gambler said he did...banned himself from clubs, but gambled online...many many options he said...hadley just read out his email on air at 2GB.
It wan't until the man decided to become un-addicted, confess all to his wife and family, and seek help that he was 'saved'.

Anyone who thinks NRL clubs can survive without grants from Leagues clubs is seriously misquided.

Many people play the pokies at their club, casually.

Problem gamblers can easily be identified by clubs without all this new regulation and cost, if they want to.


http://www.dailytelegraph.com.au/new...-1226147341846

Panthers could bring down Penrith as losses force club to shrink


THE club industry giant behind the Penrith NRL team could be forced to offload a significant chunk of its sprawling empire as it battles multi-million dollar financial losses.

Internal documents show the Panthers Group will tomorrow close its West Epping franchise, with Panthers chairman Don Feltis admitting in a memo it is "economically unsustainable".

The group's losses hit $11.96 million last year - despite the fact it generated $154 million in revenue.

Rubbish. Newcastle don't have a leagues club yet were one of a few breaking even or making a profit.

[Headless Chook]

Rubbish. Newcastle don't have a leagues club yet were one of a few breaking even or making a profit.

They were making such a great profit they had 3 million dollars worth of debt they were struggling to cope with.

[Guest]

They were making such a great profit they had 3 million dollars worth of debt they were struggling to cope with.

Nathan Tinker saved the club. That was why they were pushing so hard for him.

[Guest]

Poker machines in NSW return 92% of the gambled money to the players over each month.

Keno, horses, trots, dogs, sports betting etc returns from 14.25% to 25% max, so Hadley allegedly said today...anyway, it was nowhere near as much of a return to the gamblers as poker machines.

He'll repeat the figures tomorrow or soon, I'll try and get the exact figures for each type of betting.

Dont be fooled by this statistic

Clubs have always pointed out their percentage return to punters, but the masses are generally fooled as the majority of gamblers leave the return in the machine.

Here is a typical example

A punter puts $100 in a pokie ...

As he winds his outlay down to say $20 he gets a win of $85 ...

His total is now $105

As most gamblers do they continue to bet it is eventually all gone.

Scenario
Punted $100

The machine paid out $85

The club has ended up with $100

The punter zero

The club will say .... The machine paid out 85% on the bet

Thats how you interpret a statistic with an open mind.


Dont be fooled by the payout statistic

[Guest]

Dont be fooled by this statistic

Clubs have always pointed out their percentage return to punters, but the masses are generally fooled as the majority of gamblers leave the return in the machine.

Here is a typical example

A punter puts $100 in a pokie ...

As he winds his outlay down to say $20 he gets a win of $85 ...

His total is now $105

As most gamblers do they continue to bet it is eventually all gone.

Scenario
Punted $100

The machine paid out $85

The club has ended up with $100

The punter zero

The club will say .... The machine paid out 85% on the bet

Thats how you interpret a statistic with an open mind.


Dont be fooled by the payout statistic

Well put mate. That is exactly what most people fail to see about poker machines. As the Whitlams sang, blow the ****ing things up.

[Guest]

Well put mate. That is exactly what most people fail to see about poker machines. As the Whitlams sang, blow the ****ing things up.

Mad rooster

I have seen the whitlams many a time in concert ... always a good expirience

Blow up the pokies ... i am petty sure Tim Freedman wrote that song about a mate of his that comitted suicide due to pokie addiction

[Guest]

Mad rooster

I have seen the whitlams many a time in concert ... always a good expirience

Blow up the pokies ... i am petty sure Tim Freedman wrote that song about a mate of his that comitted suicide due to pokie addiction

Mate I wonder if that was Stevie Plunder. He was one of his bandmates but I can't quite remember if it was in the Whitlams or the Plunderers. He headed up to Katoomba and committed suicided somewhere close to the Three Sisters. He was very well known in the Newtown/Inner City music scene.
I agree that the Whitlams are always great value live. Its been a while but I have seen them a few times. Sadly his mate would not have been the only person that has committed suicide as the result of a poker machine. I know a woman that gambled her house away. No suicide involved but a terrible story nonetheless.

[Guest]

People try to argue the Pokies are the problem, they're not. They're just an easy mark for small brained social reformists. I direct everyone to the last time a vice was banned, prohibition of alcohol. That didn't work and neither will this.

[Guest]

People try to argue the Pokies are the problem, they're not. They're just an easy mark for small brained social reformists. I direct everyone to the last time a vice was banned, prohibition of alcohol. That didn't work and neither will this.

I don't think we need to ban the vice as such. You can't blame people for enjoying gambling. No government will ever successfully get people to stop gambling and why would they want to. It is the pokies that are the problem. I would compare it to trying to convince an alcoholic to drink quality liquor rather than metholated spirits, getting a junkie onto some fine China White rather than hillbilly heroin, etc.

Pokies are a sucker bet. The house always wins and the people of NSW will always lose.

[Guest]

We shall agree to differ I suspect.

[Guest]

I don't think we need to ban the vice as such. You can't blame people for enjoying gambling. No government will ever successfully get people to stop gambling and why would they want to. It is the pokies that are the problem. I would compare it to trying to convince an alcoholic to drink quality liquor rather than metholated spirits, getting a junkie onto some fine China White rather than hillbilly heroin, etc.

Pokies are a sucker bet. The house always wins and the people of NSW will always lose.

While i agree with your sentiments,your view is very "utopian"..

In a bizarre way,pokie players could argue that banning them is infringing upon their civil rights..

Banning pokies,while a good idea on the surface,opens up all sorts of ridiculous litigious challenges..

And the courts are full enough with silly cases..

[Headless Chook]

I don't think we need to ban the vice as such. You can't blame people for enjoying gambling. No government will ever successfully get people to stop gambling and why would they want to. It is the pokies that are the problem. I would compare it to trying to convince an alcoholic to drink quality liquor rather than metholated spirits, getting a junkie onto some fine China White rather than hillbilly heroin, etc.

Pokies are a sucker bet. The house always wins and the people of NSW will always lose.

So why aren't they banning casinos? What about the TAB, they skim 13% off every time. Every bet can be called a sucker bet in my opinion.

[Rocky Rhodes]

They were making such a great profit they had 3 million dollars worth of debt they were struggling to cope with.

That debt was past debt, however each yr they were basically breaking even or making small profits. When the NRL negotiate their new tv rights the knights could have easily payed off those debts. 3 millions is insignificant in the scheme of things, look at Cronulla who have debts of 9 or 10 million yet they are still around. So your claim of struggling to cope is complete BS.

Point is Newcastle without no pokies at all (way less than pokies with restrictions) are surviving. Case closed....

[Guest]

That debt was past debt, however each yr they were basically breaking even or making small profits. When the NRL negotiate their new tv rights the knights could have easily payed off those debts. 3 millions is insignificant in the scheme of things, look at Cronulla who have debts of 9 or 10 million yet they are still around. So your claim of struggling to cope is complete BS.

Point is Newcastle without no pokies at all (way less than pokies with restrictions) are surviving. Case closed....

Ones pessary must still be loose from last evenings loss. no?