Phumelela press release-July betting feast a -----

Banquet....

SUBJECT: July betting feast a banquet
DATE: Tuesday 05 July 2017
RELEASED BY: Phumelela Gaming and Leisure Ltd

The Durban July meeting at Greyville on the first Saturday in July every year is dubbed a “betting feast” and the turnovers last Saturday showed satisfying growth, according to TAB and Betting World boss Vee Moodley.
He added: “The turnovers were a great representation of the vibe on the day.
“Taking into account the current economic conditions we could never ask for any more and are grateful that the response for our sport continues to grow.”
Total TAB turnover at all local venues was approximately R138 million and growth from a South African perspective was from R106 million in 2016 to R109 million this year.
Gold Circle showed the highest growth of just less than 5.5% from R61 million in 2016 to just under R65 million. On-course attendance and ticket sales represented a similar trend. Kenilworth Racing showed a 4.5% growth while Phumelela Gaming & Leisure Ltd recorded a decline of some 2%*.
Moodley continued: “From an individual exotic pools perspective I am excited to announce that the ‘new’ initiative to guarantee minimum pools for the Pick 6 and the July Quartet worked wonders. The response from the betting public was overwhelming and we achieved historic turnovers on the two bets.”
The Pick 6 achieved a net pool of just under R12.1 million and the dividend returned to the 47.73 winning combinations was R253,134. The July Quartet reached a gigantic R19,022,956 and the dividends, due to the dead heat for fourth between Krambambuli and Nightingale, were R9,406 and R7,004 respectively.
The Win pool topped R11.6 million. Winner Marinaresco returned R23.90 for a TAB Win and R2.80 a Place. TAB paid Places to sixth in the main race and those who took the winner’s stablemate Horizon for a Place were paid R4.
The favourable results on the day assisted in generating "churn" for the tote.
Most bookmakers were "saved" by the arrival of Marinaresco. He is now becoming their favourite horse as last year he was backed to win and this year was left alone. Overall indications, based on the performance of Betting World, are that there was double-digit growth on fixed-odds turnovers as well.
* The drop in PGL turnover was possibly due to many punters not being able to take their bets on the company’s tote betting website TABonline.
According to Phumelela’s Group Chief Information Officer Mervyn Govender: “The website was overwhelmed. There were more than 1,000 requests per second, which clogged up the system. We’d tested the system the day before and it worked fine. We’ve never experienced anything like this before. We are planning to upgrade in order to prevent the same thing happening again.”

" We’ve never experienced anything like this before. "

Blow your own trumpet but you couldn't get your off course outlets to pay out when tickets were presented. Go check the response of hundreds who couldn't get paid the day after even 3 days after. Well done. They make me want to puke.

MissT wrote: Blow your own trumpet but you couldn't get your off course outlets to pay out when tickets were presented. Go check the response of hundreds who couldn't get paid the day after even 3 days after. Well done. They make me want to puke.

agree

wonder if Vee reads this site

Gambler wrote: " We’ve never experienced anything like this before. "

....

it is this absolute denial.....that makes me continue to rant, bitch and whine.... memories are extremely short..... when one is too busy sounding one's trumpet..... :sick:

Oh damn i thought this would be a resignation announcement of Moodley and Govender for the balls up that was Saturday Online failure.

1000 requests per second.
60000 per minute
3.6 million per hour
43.2 million over a 12 hour period.

if they dropped 10% 4 million failed interactions with their clients.

Surely thats enough for both to resign or be suspended.

When we go to the tote or a bookie to take a bet, they will not accept our bet without receiving our cash. When we win and they say that they do not have the money to pay us and we can get a cheque or credit vouchers, it becomes a joke. The rules cater for them but not the punters. Every punter should insist on cash. Refuse the cheque or voucher.If they do not have the cash, they must get it. They will not pay you anything over R25 000 if you are not fica'd. Its the perfect excuse for them. Make sure that you have all your docs with you and demand what is yours in cash. Do not listen to the bs stories they give you. Make it a level playing field. They should not take our money without ensuring that we can get paid there and then. Stay in the oulet and refuse to leave until paid. Let them work over time while waiting for your money and make sure they do not close without you being paid in cash. :evil:

They have never had so much traffic on their system? I wonder all the other times when it crashes on dog meetings is the same excuse valid - Nonsense -

I'd like to share Mr Moodly's point of view but I can't get my head that far up my bum!
How can he speak proudly of Saftotes performance-it happens at EVERY big meeting!
Rumor is he is destined to be "P"'s next CEO......heaven help local racing!

Is it the 1st of April????

PeeKay wrote: Is it the 1st of April????

No, it's
DATE: Tuesday 05 July 2017

Iasked sporting post why this same press release was taken off their website and they answered saying that it contained errors and a revised press release would be made public after a meeting today