TriLogics News, Intervest Global NZ, TAB Cashflow, and Coming Events
TriLogics New Zealand
Intervest Global Live, Matthew Whyatt, Trilogics
A reminder to check the TriLogics website for upcoming items of importance which are posted by Intervest Global (NZ) Limited. Intervest Global (NZ) Limited always endeavors to keep clients apprised of news through posts on the web. Stay tuned both the Intervest Global (NZ) Limited for news regarding updates to TriLogics trading modules. We'll also have a brief look at some of the news items that might be of interest to TriLogics owners. Over the last few weeks we've touched briefly on some of the happenings going on in racing. As the Spring Carnival heats up, larger than normal amounts of money are being pumped into the TAB. It is this cash flow, through the NSW TAB, that is tracked by TriLogics, which was developed by Intervest Global Live. As owners of TriLogics already know, TriLogics tracks this flow of money, analyzes the changes that take place in the win dividends, and identifies the best opportunities for owners of TriLogics to profit. Recently published information reveals the extent of the money passing through the TAB. It is this vast flow of money that originally attracted Intervest Global Live to develop TriLogics.
Intervest Global Live
As often happens when huge amounts of money are at stake, all this money passing through the TAB is stirring up wrangling among different factions involved in the industry. Lately, one of the issues is geographic: most of the major races take place in the Melbourne area, while the NSW TAB posts the most amount of money wagered on races. This has raised the question of whether there should be some additional financial benefit to Victoria to compensate for the cost of actually running the races. Fortunately, this sniping back and forth has no effect on the earnings of TriLogics owners.
To provide insight into the amounts of money involved, consider the following information as reported by the Sydney Morning Herald. Northern Territory bookmakers are expected to turnover $4 billion this year, with forty percent coming from New South Wales wagers. Making matters even better for NSW bookmakers, an arrangement exists between the TAB and the horse racing industry that frees the NSW industry from the payment of license charges which other states have to pay. In the case of NSW's arrangement, Tabcorp directly pays those fees. (The NSW racing industry is the only one with such an agreement.) In defense of their state, at least one NSW racing industry official claims the Victorian industry has a built-in advantage because they receive a share of poker machine profits. No matter how this squabble plays out, with TriLogics there are never any extra fees to be paid. TAB takes their percentage of winnings, as they always do, and the rest goes straight into you account.
In other racing news, today sees another effort by trainer Bart Cummings to add to his legendary career with a newly entered horse in the Geelong Cup. Cummings' Dandaad has been off to a slow start this year, but his team feels he's in good shape for today. The odds makers apparently agree, making him the second favorite behind Basaltico. This Saturday's Cox Place (2040m) at Moonee Valley is this weekend's feature race. Many big names will make up the 14 horse field including El Segundo, Speed Gifted, Black Piranha, Manhattan Rain, Rock Kingdom, and Whobegotyou. El Segundo won the Cox in 2007 and trainer Colin Little says he has recovered nicely from an eye injury sustained in the Turnbull Stakes at the beginning of the month. That injury was cited as the reason for his poor performance in the Turnbull. Favorites, in order, are: Whobegotyou, Heart of Dreams, Speed Gifted, and El Segundo.
, Intervest Global New Zealand
, Intervest Global NZ Limited
, Matthew Whyatt