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FIXED ODDS LIABILITY Q&A

FIXED ODDS LIABILITY - WordPress.com · • Our NRL and AFL H2H and line are bet to 104%. We are market leaders ... has no plans to share this data with Luxbet. ... Basketball, Soccer,

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FIXED ODDS LIABILITYQ&A

FIXED ODDS LIABILITY Q&A1. Is liability management stifling retailer commission by knocking back bets?• There is a common misconception in the network that all rejected bets are

a product of individual customer liability management. In most instances, Fixed odds bets are rejected as the total company liability is reached and simply trying again after approx 10 seconds or calling the bet hotline will see these total business liabilities re set.

• Of our 2,600 venues, only 100 are currently being managed.

• Venues are also encouraged to call us directly on the big bet line if a genuine customer is affected, regardless of the bet size. (02) 9218-1637 - Sport, (02) 9218-1641 - Racing.

FIXED ODDS LIABILITY Q&A2. Is there a channel inconsistency allowing customers to invest via phone for

the same amount refused in Retail? • Venues are managed to limit exposure to particular known customers.

• As per above, if a customer is trying to place a bet with you and you are aware that this is not the customer being managed, contact the big bet line who will be able to assist you.

• By helping to identify the individual customers who are not commerically viable you can help prevent your whole venue from being managed.

FIXED ODDS LIABILITY Q&A3. Is TAB pricing non-competitive?

• Our NRL and AFL H2H and line are bet to 104%. We are market leaders when it comes to those sports.

• With the release of Fixed Odds Expansion customers will now be sharing in a product offering that matches our competition with product and price.

4. Does Luxbet ‘poach’ TAB customers?

• We are bound by stringent rules preventing the sharing of customer information. Customer data is our number one asset as a business. TAB has no plans to share this data with Luxbet.

FIXED ODDS LIABILITY ADVICE• When dealing with customers that you know are not commercially viable

to TAB, phone the large Fixed Odds line and inform the bookmakers that the customers are in your outlet. (02) 9218-1637 - Sport, (02) 9218-1641 - Racing.

• TAB’s bookmakers will give you advice on how to handle the situation and will monitor your venue, so that your entire customer base is not affected.

• If you have another customer wanting to place a large bet and you have this knowledge prior, phone the large bet line and advise them of the intended bet so they can do their best to get you set.

• If you have a high value customer and you know their identity and any facts about them, advise the Fixed Odds staff of these details.

• If the Eurkea/RWT isn’t accepting a bet, always phone the large Fixed Odds line. Nearly always it will be resolved by the Fixed Odds staff within seconds.

FIXED ODDS MARKET EXPANSIONPHASE 2 ROLLOUT

EXPANDED MARKET COVERAGE• Fixed odds market expansion will see an increase

in sports product that will bring TAB’s offering in line with the competition resulting in many more options and flexibility for your customers.

FIXED ODDS SINGLE

7,000

Beginning of Phase 1

Feb 2014

June 2014

End of Phase 2

24,000

37,000

50,000MARKETS AVAILABLE

PHASE 2• Phase 2 of this roll out will commence in March

2014 following regulatory approval and pilot testing in both states.

• Phase 2 provides a significantly improved betting experience for your customers.

• Markets will now be available via: > EBT > Eureka/RWT > tab.com.au > TAB smartphone & tablet apps > Call centre

• This eradicates Phase 1 limitations of having to know the sportsbet number and/or using MSC

MARKETING PLANObjectives & KPI’s: • Expected $1.5M turnover per week• Develop awareness and product knowledge of increased market coverage

amongst customers

Key Messages:• More, More, More…….Sports, Leagues, Markets and Live Vision from

around the globe• More leagues, matches & markets to bet on than ever before (focus on

Basketball, Soccer, AFL and NRL)• Better, faster live betting on more events & markets with more live

streaming available than ever before (focus on basketball and soccer)

ASSETS

MARKETING F/O EXPANSION

TAB ASSETS

• CRM• TAB Media• TAB Tickets

• Sky• Online

• Press• Online• Mobile• Radio

MEDIA

BASKETBALLLi

ve M

arke

ts O

ffer

ed

23

150+

Before FO Expansion

After FO Expansion

• Bet on 5 different totals and lines throughout the match (not just qtr breaks)

• All NBA matches, more college matches and major European and Asian leagues

• Other exciting new live markets include: > Qtr Handicap > Qtr Total > Winning Margin > Half/Full Double

AFL• Bet on 5 different totals and lines throughout the whole match

(not just qtr breaks)

• Bet Live on: > Team to score next goal/behind > Team to get the most goals/behinds > Total Goals and Behinds

Live

Mar

kets

Off

ered

29

250+

Before FO Expansion

After FO Expansion

NRL• Bet on 5 different totals and lines throughout the whole match (not just

half time breaks)

• Bet Live on: > Total Match Tries Over/under > Team total points > Team to score next

Live

Mar

kets

Off

ered

32

90+

Before FO Expansion

After FO Expansion

TENNIS• Bet Live on Tennis up to 23.5 hours per day

• At least two live tournaments traded in full, daily

• Bet Live on: > Total games 2-way and 3-way > Match handicaps > Match and set correct score

Live

Mar

kets

Off

ered

60

300+

Before FO Expansion

After FO Expansion

SOCCER• Bet live on soccer up to 23.5 hours per day. Expanded coverage on all

major European, American and Asian leagues

• Bet Live on: > Up to 5 different total goals O/U per match > Correct score > Corner markets

Live

Mar

kets

Off

ered

10

70+

Before FO Expansion

After FO Expansion

NFL• Bet on 5 different totals and lines throughout the whole match (not just

qtr breaks)

• Bet Live on: > Total qtr 2-way and 3-way points > Outcome of the current drive

CRICKET• Bet Live on:

> Every international Match > Innings Runs 3-way > Runs at Fall of Wicket

MLB• Bet Live on Lines and Totals

• More Dynamic Betting Options; Race To x number of runs each innings

NHL• Up to 5 live games per day

• Live lines and Totals on all games traded live

• Live Period markets on all live traded games

BOXING• Live round by round winner, Total Rounds and Handicap betting