Don't look for Daily Doubles with a 15.43% takeout in So. Cal anytime soon

[Calzone Lord]

The TOC continues to ignore the fact that horse racing needs three separate entities to succeed -- the owners, the bettors (fans) and the race tracks. It's a beautiful sport when all three are working together, but it can be frustrating and harmful when one of the three is looking out only for itself.

The TOC needs to wake up and smell the coffee. Lower the takeout before it's too late. We're not watching the movie "Wall Street." Unlike what Gordon Gekko told us, greed is not good.

http://www.insidesocal.com/horseracing/


I take issue with the above quote. The studies by econimists show that for every 1% you decrease takeout - handle will eventually increase by 7% as a result.

The TOC is not being greedy -- they're being painfully stupid and they're setting back horse racing in California and all over the country tremendously.

I love how they call raising takeout "a price increase on the customer" or "raising prices on the customer" .... What they should be calling it is a "significant handle decrease for us"

I'm sure exchange wagering is going to go over really well in California with those dumbfucl<s involved.


The new TOC president was on a couple of radio shows yesterday. Listening to him makes you want to vomit on your keyboard. He only wants the two-horse wager exotics reduced - and only back to where it was in Jan.

He was trying to be all slick and cute while acting like he wasn't taking the "you'll get nothing and like it" stance.