Tommy Xenophon offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: Can You Profit from Changes in Electronic Wagering? Author: Tommy Xenophon Category: Software, Business Opportunities, Gambling Word Count: 712 Keywords: matthew whyatt, online business, racing software, trilogics, home busines, intervest global live Author's Email Address: [email protected] Article Source: http://www.articlemarketer.com ------------------ ARTICLE START ------------------
The Daily Telegraph reports that the largest totalizer betting service in New South Wales is scheduled to go paperless, by adding electronic betting stations throughout the state. Although the first stations have been open for several weeks, there are questions about how many average traders it is really helping. The betting services upgrades, although visually appealing to some, offers no new benefits for punters. Owners of third party horse racing software, popular throughout Australia and New Zealand already track all race info and trade completely without paper. Nevertheless, many people experienced in using money tracking software still print their data sheets to track their history. On the surface, the move toward electronic data displays is similar to what many third party software systems have been doing for 10 years. In fairness to the the betting service which is going electronic, they will be saving a lot of paper and therefore helping the planet. One of the managers is the NSW betting service is quoted in the Daily Telegraph as saying the new system will be more efficient. In addition to doing away with displaying the start times for races, and other info that makes up the race form on paper, the source goes on to say that all that info will now be updated regularly on electronic screens. As mentioned, this will not help you increase your winning percentage. Again, what the source describes is primarily a cosmetic change. Both changes essentially use computers to process and display the information that previously had been presented in printed form. There are many reasons this is of importance. First among them relates to the digital processing of the information. One of the more overlooked criteria in the wagering process is the flow of money toward and away from certain horses as the race time approaches. Although a skilled person can watch the betting service's electronic display of numbers and see that there appears to be more money flowing toward horse "x" that is not going to really help most punters make money over time. Instead, they need to get a finer perspective and find out how much it's changed, down to tenths of a percent. Someone who wants to earn money consistently then, has to take into account those changes in the money being wagered on a horse and use a system, which must already be in place, so that they can consistently alter their wages based on the percentage changes in the money flow. As this major betting service moves further and further into electronics and computerization, as it relates to the display of information, it might be able to help a few punters who have their own system in place. For most people using a system, however, they will still need to use a thrid party software program to track and make sense in the percentage changes. No doubt, that is not the betting service's primary reason for introducing this change. Primarily, it will cut down on their expenditures for paper and printing. Plus, for people who are more comfortable with electronic displays (primarily the younger punter), the betting service undoubtedly hopes this move will lead to more wagers over a more sustained period. The first electronic wagering stations are scheduled to open in Sydney. They are described as Australia's first paperless wagering system introduced by the betting service. Additional electronic betting stations are also slated to open later in October. Although all information will be displayed electronically, paper wagering receipts will continue to be issued. It will be interesting to see whether this major betting service's movement into the digital age will increase the overall amount of money wagered on races. If this is the case,then it will have an overall positive effect because it will lead to larger prize pools and larger payouts for winners. Of more interest is that fact that this move underscores the overall trend toward electronics and computers in wagering on thoroughbred racing. It is interesting to note that as the betting service makes this announcement, one of the other most talked about issues in Australian horse racing today is the jockey's use of the whip. So, there you have it: 21st century technology and 13th century technology both at the forefront of Australian racing at the same time. On which one will you be wagering? Tommy Xenophon has helped over a thousand people Escape the Workforce with the right home business for them. My website http://www.trilogics.com.au/trilogics_home_landing.shtml has info on a home business that provides a great income. Check www.trilogics.com.au/trilogics_home_landing.shtml ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
