Betting Pool

Single pool wagering will change betting as we know it

Jockey Club's 'strategic technology services agreement' with American firm Longitude will involve a move towards single pool wagering. Photo: David Wong

The announcement from the Jockey Club on Monday regarding its "strategic technology services agreement" with American firm Longitude was brief, prosaic and gave little away - but it has the potential to change racehorse wagering as we know it.

Wednesday, 24 April, 2013, 4:21am

Caulfield meeting gives insight into commingling effects

Brett Prebble was among familiar faces at Caulfield

Now that Hong Kong's participation in global commingling of betting pools seems a matter of when, not if, last weekend's Blue Diamond Stakes simulcast from Melbourne provided an interesting look at what that might mean for everyone.

27 Feb 2013 - 4:56am

HK$200m annual windfall for Hong Kong government in betting change

Hong Kong Jockey Club gets approval for the two-way combining of betting pools with foreign jurisdictions. Photo: David Wong

After more than six years of Jockey Club lobbying, the Home Affairs Bureau on Wednesday backed the two-way combining of betting pools with foreign jurisdictions, allowing overseas punters access to the larger and more attractive pools here.

7 Feb 2013 - 5:36am

Singapore & Co need the big fish like Hong Kong

The concept of the home pool is being badly stretched out of shape now with international simulcasting and Hong Kong's coverage of Singapore's big meeting revealed something of the future of commingling.

30 May 2012 - 12:00am

FlexiBet still bedding down after first meeting

With no figures released on the success or otherwise of Monday's FlexiBet launch, we were left to reflect on the arrival of the betting changes through the limited prism of the place pool.

To the naked eye, punters appeared to have embraced the change in the early stages of the meeting.

17 Sep 2008 - 12:00am

Reports on betting at Wuhan horse races pulled from websites

Authorities are trying to play down reports about the introduction of betting on horse races in Wuhan in the near future, fearing it will contradict the Communist Party's long-standing ban on gambling.

12 Jan 2008 - 12:00am

Illegal gaming means better deal for players

At 700 billion yuan a year, the mainland's market for illegal gambling is by far the world's largest.

While the Ministry of Finance, which oversees the mainland's two state-run lotteries, is keen to crack down on underground gaming, black-market bookmakers, numbers runners, internet casinos, backroom gambling halls and telebetting services targeting the mainland are rife.

5 Nov 2007 - 12:00am

AGTech to fix odds in time for Olympics

Mainland sports betting outlets to double to 3,000

Mainland lottery investor AGTech Holdings expects to receive approval from the State Council to launch fixed-odds sports betting products in time for next year's Beijing Olympics, according to chairman and majority shareholder John Sun Ho.

12 Jun 2007 - 12:00am

Changes to gambling ordinance cannot be realistically justified

The draconian amendments to the Gambling Ordinance come into effect tomorrow. Although they make the SAR Government and the Jockey Club the laughing stock of the real world, they are justified on the basis that they protect the public from the evils associated with betting which is not already part of our way of life.

31 May 2002 - 12:00am

Lottery for sport 'not serious gambling'

A sports lottery would not encourage gambling in society because it would not be 'serious betting', the Secretary for Home Affairs said yesterday.

Speaking on RTHK, Lam Woon-kwong said that in light of the massive budget deficit, the chances of the Government increasing funding for sport were slim and a lottery was a good solution.

28 May 2002 - 12:00am

Betting on World Cup finals approved

With spending on official sports lotteries of 14 billion yuan (HK$13.16 billion) last year, China has approved betting on the 2002 World Cup finals in an effort to capitalise on the national interest in soccer and stop illegal gambling.

6 Apr 2002 - 12:00am

Football gambling ready for kick-off

Soccer betting will start today in 12 major cities and provinces and it looks set to take China by storm, riding the wave of the national team's success in reaching the World Cup for the first time and the popular passion for gambling.

22 Oct 2001 - 12:00am