Quote:
Originally Posted by HomerS
Would love to get to the position where takeout was reasonable enough where we could find what the sweet spot is.
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Racetracks don't make enough money on horse racing to experiment and find that sweet spot w/out drastically impacting their business. I'm sure it exists, and it is probably closer to 10% than where we are now.
But let's be real... and like Steve, I'm pro gambler all the way... but I'm also in a unique spot where I can see the business from the other side.
If horse racing said, "On Saturday, the nationwide takeout will be 10%" ... would handle be drastically affected? What about the visa-versa?
Another question to think about... Should horse racing gamblers pay a "premium" for gambling on a game where logic/understanding/hard work can prevail over luck (roulette, for example) in the long run? Is that fair to say?
Takeout is one of many issues facing horse racing... but having a quick slash in the takeout will not save the sport. It doesn't hurt, but it's not the Holy Grail some are painting it to be.