TAB Sportsbet predicts it will be able to offer more competitive wagers with the introduction of fixed-price betting to TAB agencies, clubs and pubs from today, reports The Age.It says: For the first time, punters who bet at pubs and clubs can choose between the tote and the fixed-price system right up until race jump. ''It is great for the punters in agencies and pubs that are the mainstay of our business and for so long have not had this option,'' TAB Sportsbet spokesman Glenn Munsie said. ''I

TAB Sportsbet predicts it will be able to offer more competitive wagers with the introduction of fixed-price betting to TAB agencies, clubs and pubs from today, reports The Age.

It says: For the first time, punters who bet at pubs and clubs can choose between the tote and the fixed-price system right up until race jump.

''It is great for the punters in agencies and pubs that are the mainstay of our business and for so long have not had this option,'' TAB Sportsbet spokesman Glenn Munsie said. ''It should lead to a significant rise in turnover because all punters can now have the best of both worlds.''

The increase in turnover will allow TAB Sportsbet to better more competitive prices as it takes on the corporate bookmakers. The legislation allowing the introduction of fixed-price betting was gazetted before parliament rose but the relevant racing bodies took a couple of weeks to process the change.