Australians and gambling

[marshy]

Not sure if this is in the right place to put this but i had a good laugh reading this from the MSN website cos i would bet on anything. I once had bets about what colour the next car would be, that went past us when driving lol.

If its in the wrong threat please move it. Just wanted to share the aussie love for a bet lol.

http://money.ninemsn.com.au/article.aspx?id=924240


Australians spend more money on gambling than on gas and electricity bills, phone bills and petrol, according to economists.

Analysis of Australian Bureau of Statistics data by CommSec found the average Australian household spent $2292 on gambling in the last year compared with $1830 on gas and electricity bills, $2056 on petrol and $1996 on telephone and internet bills.

Craig James, chief economist at CommSec called the figures "staggering".

"The money spent on gambling far exceeds the total outlays on electricity and gas bills," he said. "And only until recently outlays on gambling exceeded that of electricity, gas and water bills combined."

CommSec’s analysis also found that Australians pay a relatively low amount for water, with the average household spending $634 per year on water bills.

That’s less than they spend on perfumes and cosmetics, beer and wine, stereos, TVs and DVDs.

“The modest amount spent by the average household on water &sewerage services seems out of kilter with the relative scarcity of water,” Mr James said.

“With population expected to continue rising at a solid clip in coming years, it is likely that the cost of water will have to rise substantially to ensure that pricing reflects its relative scarcity.”

Households will also see utility bills rise by 14-15 percent over the coming year due to the largest increase in pricing for 26 years.

According to CommSec’s analysis, that means households will need to find an additional $1830 to pay electricity, gas and fuel bills and $634 to pay water bills

[paulyt]

Australians will still continue to gambling, we love it. We would bet on 2 flies crawling up a wall. With so many pokies around, Melbourne cup and our love of sports people will continue to gamble. It's part of the culture.

[chuchu59]

We are with you Aussies. For the first time in decades, I was able to bet on the simulcast races last Saturday (Cox Plate). We are in for another 4 races this Saturday. Whoopee!

[love2winalot]

hehe, I think the Power company should just start it's own Casino. the ol kill 2 birds with 1 stone theroy.

[paulyt]

Ah, the Cox Plate. Picked the winner but didn't back it. I did pick and back the winner of the Caulfield Cup though. It paid around $14.70, I had $5 on it.

[JHV]

Yup lol.

Awhile back on this forum we had a friendly debate over a quoted 1% figure for "problem gamblers".

I was arguing that 1% was laughable. I feel it's safe to say I win that argument (for Australians, anyway).

[paulyt]

Originally Posted by chuchu59

We are with you Aussies. For the first time in decades, I was able to bet on the simulcast races last Saturday (Cox Plate). We are in for another 4 races this Saturday. Whoopee!

Victoria Derby won by Monaco counsul

[same_old]

I did my Ass today on the Derby, I had Hot Danish . I got a tip on it and the thing is still bloody running.

We cant go past Bart Cummings though, he's the god of the stables at the moment.

I see Zipping is out of the cup but Viewed is in, thats worth a bet.

What companies do you guys bet on for the Aussie races???

[paulyt]

Originally Posted by same_old

I did my Ass today on the Derby, I had Hot Danish . I got a tip on it and the thing is still bloody running.

We cant go past Bart Cummings though, he's the god of the stables at the moment.

I see Zipping is out of the cup but Viewed is in, thats worth a bet.

What companies do you guys bet on for the Aussie races???

Mostly with the TAB online or over the phone, live video of the racing, mystery bets, cash withdrawals at a TAB venue. I also sometimes bet with IASbet (min deposit of $10) and Betfair. I have account with a few other places but hardly ever use them.

In the Cup i'm going with Zavite, Leica Ding and Cat's Fun.