A TAB player phoned the Sporting Post recently to plead that carryover policies be amended to allow daily opportunities to win back investments on the numerous smaller meetings, in the absence of local racing.
TAB write 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 compiled well in advance in order to ensure they can be comprehensively and marketed.
The actual carryover amounts are based on what is likely to have accumulated in the respective stockpiles come the actual race meeting, as well as how much is needed to ignite the interest of horseplayers.
As stated previously, if there are insufficient monies in the Pick 6 and Quartet stockpiles to fund the advertised carryovers, TAB makes up the shortfall until more carryover money flows as has happened on occasions.
Carryovers to other bet types are stockpiled until significant amounts are accrued and then these monies are deployed as carryovers as effectively as possible.
All carryover amounts are strictly accounted for, and audited, and do not form any part of day-to-day operations.
TAB sees no reason to alter its existing carryover policy at this stage in the current coronavirus pandemic.
But it’s a fluid situation that is monitored daily and TAB will utilise carryover monies as effectively as possible.
