I was looking forward to see what new incentives AusTOTE was foreshadowing a few days back.

Now I know.

In the best tradition of Mark Read's mediocre-Plus they are hiking the rake to a uniform 5% with no early-bird or high turnover kickbacks.

Betfair must be ecstatic at their now effective monopoly now that AusTOTE's opted out of the fight.

"however in the near future AusTOTE will be offering incentives and bonuses which will more than compensate for any special rates some customers might have enjoyed."

I won't be holding my breath.