The old Pick 6 carryover hobby horse has raised its ugly head again.
An SP reader argues that players who came to the party – without any carryover carrot – on Saturday on the Gr1 rich Hollywoodbets Durbanville card to win a share of the biggest bet in racing – the flagship product – were not given an opportunity to get their cash back today at the same venue.
It’s a well debated issue this.
In the old days, we looked forward to a chance of getting our money back at the next meeting in the region where we lost it.
Over the years we have had variations on the theme, including the weekly Pick 6 Megapool, when the cash was injected back into the system on a weekly basis.
The SP reader suggests in an email to the Sporting Post Mailbag that players still burning from missing out with the Gr1 winners at Hollywoodbets Durbanville on Saturday surely enthusiastically lined up their next Pick 6 volley on Tuesday? But there wasn’t a whisper from the powers-that-be after the weekend.
He writes that after great promotion got us stuck into Saturday’s exotic, over a million of his fellow Rands lined up for the Pick 6.
An amount of R1 020 676 -45 was carried forward, or so many of us thought – but to where? And to when? The default should surely be the next meeting?
So are we getting a shot at the money we lost? Apparently not, suggests the reader.
Instead of one of racing’s biggest advertising opportunities, the HUGE pool, there is nothing, zip,
If good marketing and business insists that the carryover funds be utilized more strategically, then it should at the very least rather be on a, say 50% local, and perhaps 25-25 split with the partners?
Who makes the call and which region gets what?
We noticed recently that Fairview was allocated a carryover as a ‘reward’ for the contribution to the ‘pot’. Guaranteed that Betway Summer Cup day will get a nice helping.
But, and this is not a swipe at Cape Racing, the glasses were broken at their party, so they can hopefully lead the way again and make this better.
As a start, complete darkness, is not how we do it anymore!
Ed – TAB is on record that their long-established carryover policy objective remains to maximize such monies for the benefit of all customers by deploying them on suitable events at suitable times and in amounts that are sufficient to grab the attention of customers.
Pick 6 and Quartet carryover schedules are apparently compiled well in advance in order to ensure they can be comprehensively marketed.
All carryover amounts are strictly accounted for, and audited, and apparently do not form any part of day-to-day operational cash-flow.