FootyTAB

In Australian rugby league, FootyTAB is the name of the legal betting agency, operating in both the NRL and the Brisbane Rugby League since betting on league was legalised. Betting is also offered on other games including the pre-season, State of Origin and Test matches.

FootyTAB offers three types of bet, "Pick The Winners", "Pick The Margins", and "Pick The Score".

Pick The Winners

In Pick The Winners, punters are required to select all the winning teams in a round. In order to make selection more difficult, points start are given by a panel appointed by the TAB to the team considered less likely to win. So that the scores could never possibly be exactly equal after the start is added, points start are always given as half points. This points start is summed to the actual score for the match to create a total score and the team with the greater total score is declared the winner. For example in the first round of the 1993 season, the results and total score were as follows:

Home team Points start Away team Points start Match score "Pick The Winners" score FootyTAB winner
Canberra St. George 7.5 Canberra 8
St. George 22		 Canberra 8
St. George 29.5		 St. George
Balmain 6.5 Canterbury Balmain 14
Canterbury 19		 Balmain 20.5
Canterbury 19		 Balmain
Newcastle Easts 5.5 Newcastle 10
Easts 20		 Newcastle 10
Easts 25.5		 Easts
Norths 1.5 Manly Norths 19
Manly 4		 Norths 20.5
Manly 4		 Norths
Penrith Parramatta 8.5 Penrith 10
Parramatta 11		 Penrith 10
Parramatta 18.5		 Parramatta
Cronulla 9.5 Brisbane Cronulla 10
Brisbane 19		 Cronulla 19.5
Brisbane 19		 Cronulla
Wests Gold Coast 9.5 Wests 14
Gold Coast 10		 Wests 14
Gold Coast 19.5		 Gold Coast
Illawarra Souths 5.5 Illawarra 19
Souths 0		 Illawarra 19
Souths 5.5		 Illawarra

For split rounds coinciding with State of Origin matches, "Pick The Winners" and "Pick The Margins" are conducted separately for each week of the split round. However, punters betting on the first week of a split round were also required to bet on the State of Origin match in the appropriate format.

Since the introduction of golden point to resolve draws in 2003, these points have been taken into account in all forms of FootyTAB betting.

Pick The Margins

In "Pick The Margins", punters are required to select the results of every game played during a round. This involved determining who will win and by what margin they will win. For "Pick The Margins", points start given by FootyTAB are not considered. Thus, using the points spreads then current, the correct results for the opening round of 1993 would have been:

Home team Score Away team Score FootyTAB margin
Canberra 8 St. George 22 St. George 13+
Balmain 14 Canterbury 19 Canterbury 1-12
Newcastle 10 Easts 20 Easts 1-12
Norths 19 Manly 4 Norths 13+
Penrith 10 Parramatta 11 Parramatta 1-12
Cronulla 10 Brisbane 19 Brisbane 1-12
Wests 14 Gold Coast 10 Wests 1-12
Illawarra 19 Souths 0 Illawarra 13+

Originally "Pick The Margins" had two point spreads, 1-12 and 13+. However, with the increase of scoring due to the 10-metre rule introduced during 1993 and the popular desire for larger dividends, FootyTAB increased the number of point spreads to three (1-10, 11-20 and 21+) for the 2001 season. Before draws were largely eliminated by extra time in 2003, it was possible also to bet on a match being drawn as a fifth selection.

The larger number of possible selections in "Pick The Margins" has meant that dividends have always been much larger than the modest "Pick The Winners" prizes. It has always been common for no punter to successfully pick every correct margin in a round. Up until the end of 1993, prizes were paid when this occurred to punters with one or even two incorrect selections. However, on 7 March 1994, FootyTAB announced Pick The Margins prizemoney would jackpot unless some punter selected every correct margin in a round. However, if no one selected all correct margins in the last week of "Pick The Margins" beeting for a season, then prizes would be (and are still) paid out to the punter with the most correct margins since the jackpot began.

Jackpots brought about a major increase in the popularity of "Pick The Margins" betting so that it became the most popular type of bet on rugby league in Australia. Today, "Pick The Margins" prizes are usually greater than the largest available from betting on horse racing, with the record being $2,006,217 awarded to one punter after three successive jackpots on 8 July 1996. (it is noteworthy that this punter only won as a result of a last minute Sydney City penalty goal).

Pick The Score

In "Pick The Score", punters are required to predict the exact number of points a team will score in a match. "Pick The Score" has typically been available on matches televised on Channel 9 and previously the ABC only. As rounds became spread over a greater number of days, the number of games on which "Pick The Score" was available increased.

Dividends in "Pick The Score", though higher than for "Pick The Winners", are not usually as high as "Pick The Margins" because each game is a separate prize. Although there have been some cases where no correct entry has been drawn - usually occurring where a losing team scored an odd number of points through kicking a field goal before the opposition scored several tries, there have never been jackpots on "Pick The Score", presumably because of the difficulty of selecting an appropriate game to jackpot a pool to. In cases where nobody selected a game's full-time score, prizes have been paid out to those punters who were closest, as in the following examples:

Date of match Home team Away team Match score Scores to which "Pick The Score" prize paid out
19 June 1988 Balmain Canberra Balmain 15, Canberra 39 Balmain 14, Canberra 39
Balmain 16, Canberra 39
8 May 1994 Manly Brisbane Manly 21, Brisbane 11 Manly 21, Brisbane 10
Manly 21, Brisbane 12

In recent years as "Pick The Margins" has become more popular, "Pick The Score" has declined considerably.

History

Although there is a lot of evidence that betting on rugby league in Australia has been common ever since the game began in 1908, governments of the period were strongly dedicated to outlawing sports betting and betting on league was thus illegal until the Wran Government legalised it for the 1983 season, in response to the lucrative illegal betting market since race meetings were banned for one week a month during World War II. Betting in the period between the war had always been based on selecting the winners after points start were added, and a report commissioned by the State Government in late 1981 showed that illegal bookmakers were offering set odds for picking the winners of each round and that this allowed these bookmakers to make large profits. Thus it was recommended that a system of legal betting in which dividends offered depended upon the proportion of punters predicting the correct winners was to be preferred. This system was instigated for the 1983 season.

Initially only "Pick The Winners" was offered, but FootyTAB was such a success that it garnered news space in the Sydney Morning Herald rarely allocated to betting on horse or dog racing. Almost eight million dollars was bet on FootyTAB in its first year, and expansion with "Pick The Margins" and "Pick The Score" followed in 1984. The growth of legal betting on league was slow but steady until 1993, but "Pick The Margins" became the chief focus when jackpots were introduced in 1994 and produced much larger prize pools: as a result of two weeks of jackpots, a pool of $1,618,401 was available for the third premiership round that season. With the 20-team competition of 1995 and 1996, "Pick The Margins" prizes reach record levels, in one case exceeding two million dollars after successive jackpots. "Pick The Score", which declined in popularity during this period, was also modified to accommodate higher scores from the 10-metre rule by allowing a 49+ score - which occurred only eleven times between 1984 and 1992.

After the game's rationalisation following the Super League war, "Pick The Margins" dividends declined, and FootyTAB consequently added more points spread, with considerable success as shown by a 1.35 million dollar dividend in 2004.

Other developments of FootyTAB since the reunification of rugby league have been multiple bets, in which a punter can select more than one margin or score for a game with bets of more than one dollar.

References

This article is issued from Wikipedia - version of the Saturday, February 13, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.