Category Specific RSS

Satire

Record number of bets for ‘Horse to have Good Time’ during TAB outage

Despite Tabcorp (ASX: TAH) enduring a server catastrophe on one of the busiest betting days of the year, Aussies have proven that there is much more to their love of horse racing than gambling as droves of punters wagered for the “horses to have a good time” on Saturday. 

With the debacle, which Tabcorp have attributed to a fire at one of their data centres, causing havoc nationwide where punters were unable to place bets online with TAB, race meetings around the country put on hold to best recover as much betting turnover as possible. 

But as the issues compounded, horse racing fans did away with their form guides to attentively watch the races, rooting for outcomes independent of any financial incentive. 

“I’m so glad we can watch races and just enjoy them without having a punt,” said Sydney local Hugh Honey from the nearby Sports Bar. 

“It just goes to show how we don’t need gambling to enjoy horse racing.”

“I hope we can do this every Saturday. It makes the races so much more enjoyable when we don’t need to analyse the form and can just celebrate every horse crossing the line.” 

Honey will ultimately still down $100 on the day after drinking himself into a stupor while trying to pass time in between races.

The Tabcorp server shutdown is estimated to have cost the Company more than $100 million in betting turnover, and the corresponding $5-7m profit it would have held. 

Elias Pivep

Failed stand-up comic who now gets his kicks from Simpsons business memes.

Recent Posts

AML3D announces stronger FY26, with positive EBITDA reported in the second half

Adelaide-based metal printing group books record $12.5 million revenue and a record $78 million sales…

3 days ago

Refurbished tech gives Harris Technology a second life

Harris Technology has found a higher-margin growth engine in an unlikely place: the market for…

4 days ago

Imagion Biosystems Advances MagSense® Phase 2 Trial

Imagion Biosystems (ASX: IBX) is moving its MagSense® HER2 Imaging Agent Phase 1b/2 clinical trial…

1 week ago

Acrux-developed Menopause Hormone Therapy to enter Australian market

Acrux (ASX:ACR) is set to bring its transdermal Estradiol spray Lenzetto® to the Australian market…

3 months ago

Evion Expands Critical Minerals Push with Nevada Fluorspar Option

The race to secure Western-aligned critical minerals supply chains is accelerating as governments and industry…

4 months ago

Green360 Secures Holcim as First Commercial Eco-Clay Customer in Major Validation Milestone

Green360 Technologies (ASX:GT3) has taken a major step forward in the commercialisation of its low-carbon…

4 months ago