When most people think of the TAB, they think of the 2000 or so betting outlets located around the country. However, in an effort to keep up with the times and combat the very popular rise of online bookmakers, TAB has its own online betting website, called TAB Sportsbet. Although not as comprehensive or as impressively laid out as many of their competitors, TAB Sportsbet is still a step in the right direction as far as becoming a more modern racing and sports betting option for Australian punters.
Western Australia is the largest state in the country, but despite this, the population is small at only a few million and most of these live in the southwest corner. This leaves a lot of miles with very few people and for them the only realistic possibility of having a bet on 'local' races is with the TAB WA. For people stuck out on a bit of a limb by virtue of climate and geography, the internet gives the best opportunity for gambling in the wider context but many people got into the habit of betting with TAB WA when the internet wasn't even dreamed of and they do so still, although there are a great many much better deals to be had elsewhere.
Betting on Tote based systems is still very popular and TAB NSW is no exception, with numerous outlets available for anyone not wishing to bet online. A real bonus for anyone who doesn't feel competent enough on a computer to run an online account or to make bets through a website is that TAB NSW has a number of different ways to access it, without even owning a computer.
The first TAB outlet in Australia was opened in Victoria, but they were soon absolutely everywhere. They thrived as a government owned group until the 1990s, when they started to be bought up by private companies and now most TAB outlets are owned by just a handful of private companies. In common with other TAB outlets and online services around the country, TAB QLD has a radio station and a website, although most people interested in betting these days have an account with one of TAB QLD's competitors, such as Sportsbet.
Whether you bet often or just for special races, it is convenient to have a TAB account. It is advisable to allow yourself plenty of time to set up your TAB account, because you have to wait for it to be validated and this can take up to 24 hours, more if you choose a weekend or bank holiday. One of the advantages of having a TAB account is that you can set one up without having a credit card; this is not necessarily the case with accounts with other online bookmakers. You can set up your account in any of the TAB offices or their agencies (known as pubTAB and clubTAB) or you can go into a post office and do it there. There are certain constraints on setting up your account, due to anti-money laundering rules, but these are clearly explained as you go.
TAB betting is an easy way to place some of the more exotic types of bets available without having to turn yourself inside out doing the maths. One of the reasons that many people cling to TAB betting is that you know from the moment the Tote closes what the payout is likely to be, although you do need to be aware that TABs vary as to how much they take out as their cut. If you fancy something a little more exciting than a straight win or place bet, there are lots of other types of TAB betting which can make your day a little more adrenalin-fuelled.
The Totalisator Agency Board in Australia has given us the name TAB, which is understood by everyone to mean one of the monopoly totalisator organisations in various parts of the country. When the first one was opened in March 1961 in Victoria it and all others which followed, was government owned, but within the next 30 years or so they started to be taken over by private enterprise and now they are generally owned by various different companies. TAB radio is a popular way for racing fans to keep abreast with what is going on in the world of horse racing as well as giving coverage of races as they are run.