NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Sport / Racing

Racing: Better betting this side of Tasman

Michael Guerin
By Michael Guerin
Racing Editor·NZ Herald·
1 Aug, 2011 05:30 PM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Photo / Thinkstock

Photo / Thinkstock

In a remarkable turnaround, New Zealand punters are set to become the envy of harness racing followers worldwide.

After decades of Kiwi punters fantasising about the opportunities available across the Tasman, new TAB policies, which come into effect this week, coupled with restrictions from the Australian TAB mean the punting worm has well and truly turned.

To the point that those hoping to make a dollar on harness racing fixed odds are now getting a better deal in New Zealand than anywhere else in the world.

The TAB will trial new opening times for harness racing fixed odds this week to bring them more in line with the markets set for galloping and greyhound races.

The trial will see all Friday night fixed odds markets - the most popular in harness racing - open at 9am on Friday.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

All other harness meetings will have their one-win and faster races open from 9am on the day of the race, with maiden and amateur drivers' races opening 20 minutes before the race start time.

Those punting on premier meetings will get even better service, with all races at those meetings to open the day before, while there will also be Drivers' Challenge betting options every Thursday to Sunday there is domestic harness racing.

The move will be especially pleasing to punters as harness racing has proved a magnet for fixed odds punters hoping to seek the best value out of the often short-priced favourites.

Advertisement
Advertise with NZME.

It is also a haven for larger fixed odds bettors, especially as track conditions play virtually no part in punting strategy compared with thoroughbred racing.

While the TAB usually set their opening markets to between 135 and 138 per cent, they have improved enormously in that regard to be more competitive with the tote close to race start time, with one recent market at Cambridge getting down to 108 per cent, which is almost unheard for harness racing worldwide.

And with bookmakers now willing to let punters on to win between $5000 and $10,000 on almost any harness race, the options for serious punters have never been as good.

The moves come at a time when Australian harness racing punters, long envied in this country, are copping their worst service ever.

Discover more

Racing

Racing: Melbourne team finalised

31 Jul 05:30 PM
Racing

Racing: Innocent Lady gets jockey home

31 Jul 05:00 PM
Racing

Racing: Farrell hopes to release genie at Cessnock

31 Jul 05:30 PM
Racing

Racing: Smith went one better than filly

31 Jul 05:30 PM

Kiwi punters have for decades drooled over the prospect of the supposed huge over dividends available with Australian on-course bookmakers but they are becoming an endangered species, with all but the biggest harness meetings having few bookmakers and their opening markets being set to an extremely prohibitive percentage.

And trying to get an Australian on-course bookmaker to let you back a horse to win $5000 is almost impossible at a normal meeting.

That was partially balanced out last season by the major TABs providing far better fixed odds betting flexibility but that has now disappeared in a shock decision that has outraged Australian harness racing bosses.

The Victorian and New South Wales TABs will now only open most harness racing fixed odds markets 10 minutes before a race, by which time they can use the tote as a very accurate guide and mimic the on-course bookmakers' prices.

That is a huge change from last season, when most Friday night major harness races were open at least on the morning of the race.

The change is clearly financial, with insiders telling the Herald the TAB bookmakers were simply losing too much money on harness racing.

Advertisement
Advertise with NZME.

With Australian gallops punters able to secure fixed odds from several sources on almost any race, harness racing punters are fuming.

And for the first time ever in envy of their New Zealand counterparts.

Save

    Share this article

Latest from Racing

Racing

Harness racing rarities: Kiwi trotters take on Aussie challenges

19 Jun 06:00 PM
Racing

'Biggest question mark': Conditions a concern for Grande Gallo

19 Jun 04:59 PM
Racing

NZ's top jockey shines at Royal Ascot with stunning win

18 Jun 06:28 PM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from Racing

Harness racing rarities: Kiwi trotters take on Aussie challenges

Harness racing rarities: Kiwi trotters take on Aussie challenges

19 Jun 06:00 PM

American Me, a Canterbury pacer, will be racing at Auckland’s Alexandra Park tonight.

'Biggest question mark': Conditions a concern for Grande Gallo

'Biggest question mark': Conditions a concern for Grande Gallo

19 Jun 04:59 PM
NZ's top jockey shines at Royal Ascot with stunning win

NZ's top jockey shines at Royal Ascot with stunning win

18 Jun 06:28 PM
Ashlee Strawbridge rides Cheap Sav to victory for first career win

Ashlee Strawbridge rides Cheap Sav to victory for first career win

18 Jun 06:44 AM
Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP