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How punters have responded to TAB's new bet type 'Odds and Evens'

The TAB's new bet type The TAB's new bet type
Nestled behind Tuesday's announcement of a significant prizemoney boost to country racing carnivals in NSW, was the official launch of the 'new' TAB bet type 'Odds and Evens'.

Appearing to be a reincarnation of an early 2000s product called 'Spinner', Odds and Evens involves punters selecting whether the saddlecloths of the first two placegetters will be either odd numbers, even numbers or split, where one is an odd number and the other is even. 

Here is a snapshot of the responses from punters:

The bet type is hardly groundbreaking but, as was mentioned at the launch, it's designed to be a bit of fun. 

The issue however is that 'Odds And Evens' has been introduced as a funding mechanism for the $7.5 million race, The Golden Eagle. 

On its own the product is solid with a low commission takeout and could well appeal to small-time punters, but will a 'fun' bet type be successful enough to generate enough revenue to fund a rich race? 

It is also questionable whether the bet will appeal to a younger demographic, which was mentioned as the target audience at the launch. 

It's hard to know if a 'roulette' style parimutuel product with a likely dividend of below 2/1 will really capture the attention of young punters, especially with the rise of multi betting, where a small outlay can yield a sizable return.

The proof will be in the pudding ... or the quinella pool more specifically.

READ: Racing NSW announce new bet type and cash splash

Share your thoughts

MAKING the mug punters more cannon fodder. can they dumb it down any more?
Yep give the new punter a lower takeout and keep sticking it to the rest of us punters.
I guess the corps will do what ever it takes to make a buck
Nick Hluchaniuk
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