Australian punters set for access to Hong Kong racing pools

    Australian gamblers will be able to bet into multi-million dollar pools on Hong Kong racing once the first national tote pool comes into effect, the Sydney Morning Herald reported.
    The Hong Kong Jockey Club has set a goal to have one pari-mutuel pool on its meetings and will host Tabcorp and TattsBet punters’ win, place, quinella, duet and trifecta bets, it said. The accord is subject to Australian Competition and Consumer Commission approval.
    “We have the biggest pools in the world and we think we have the best racing,” HKJC executive director of racing Bill Nader was cited as saying. “We see have a benefit to have all international operators betting into our pools because of their size. The technology is available to do it, so want to do it now.”
    “It doesn’t make sense to have a number of little pools around the world, which don’t give punters the confidence to bet. This is the way of the future.”
    The move would be a huge boost for tote pools in Australia, which turn over more than $100 million on racing in Hong Kong. It could also be the forerunner to a national tote being put in place for Australian racing, it said.