Punters will be able to get fixed odds from the TAB for all races but a ban on betting on reality TV shows and elections will remain under changes to be introduced in NSW.Gaming and Racing Minister Kevin Greene has announced the response to an independent review of wagering in NSW, which will also allow the state's bookmakers to operate on a 24/7 basis, as in Victoria.Mr Green says the changes, arising from a 2007 review by former Commonwealth ombudsman Alan Cameron, will help secure jobs in the

Punters will be able to get fixed odds from the TAB for all races but a ban on betting on reality TV shows and elections will remain under changes to be introduced in NSW.

Gaming and Racing Minister Kevin Greene has announced the response to an independent review of wagering in NSW, which will also allow the state's bookmakers to operate on a 24/7 basis, as in Victoria.

Mr Green says the changes, arising from a 2007 review by former Commonwealth ombudsman Alan Cameron, will help secure jobs in the racing industry while also benefiting punters.

"We're also conscious of the need to look after those in the industry, particularly the punters," Mr Greene told reporters on Thursday.

"Certainly as a response by the government today, punters will be in better position tomorrow than they were yesterday."

Fixed odds betting for all races will only be available to people who have TAB phone or internet accounts and not at storefronts.

However, fixed odds will still be offered inside TAB shopfronts for major races until 30 minutes before they start.

In-principle support has also been given for the NSW TAB to pool with other Australian totalisators and for a national co-ordinated approach to regulation and taxation of wagering.

Mr Greene rejected the notion that allowing bookmakers to operate 24 hours a day would encourage more gambling.

He said NSW residents could already bet 24 hours a day with bookies operating in other states and the changes would allow NSW-based bookies to now compete with their interstate counterparts.

Allowing NSW bookmakers to frame markets on reality TV shows like Australian Idol, or on whether interest rates will rise or who will win an election, will still be prohibited.

This is despite bookmakers and agencies being able to do so in other parts of Australia.

"One of the things we've discussed is the need for integrity of wagering in this state and for that to be maintained it needs to have regulation," Mr Greene said.

"The government at this stage is not convinced that betting on things such as reality TV shows is in any way appropriate in our wagering market."

Racing NSW chief Peter V'Landys welcomed the state government's reforms, saying they were well balanced.