Belmont Purses get 13% hike courtesy of 'Toga

[Kasept]

Originally Posted by randallscott35

Awesome news. Happy for the trainers/owners and jocks. Let's get that takeout down to 10% and we will be rolling.

...brought up as if NYRA controls takeout.

[randallscott35]

Originally Posted by Kasept

...brought up as if NYRA controls takeout.

No not at all. Just a general statement about takeouts.

[Kasept]

Originally Posted by randallscott35

No not at all. Just a general statement about takeouts.

A non-sequitor and pointless canard given that the wagering at Saratoga with existing takeout levels in place produced the purse increase.

[randallscott35]

Originally Posted by Kasept

A non-sequitor and pointless canard given that the wagering at Saratoga with existing takeout levels in place produced the purse increase.

Totally disagree. From that rationale, takeout doesn't matter at all. If that were the case why would DRF and others publish the takeout information and bloodhorse run a story about online wagering where within the story, the fact that takeout needs to be lowered is the key point? Saratoga and all tracks would do better, not worse if takeout were lowered.

[Kasept]

Originally Posted by randallscott35

Totally disagree. From that rationale, takeout doesn't matter at all. If that were the case why would DRF and others publish the takeout information and bloodhorse run a story about online wagering where within the story, the fact that takeout needs to be lowered is the key point? Saratoga and all tracks would do better, not worse if takeout were lowered.

Well, my issue with the takeout debate, (as it is), is that it's a "Johnny One Note" hot button. Would careful management and a coherent approach to takeout benefit handle overall by promoting churn? Yes. Is pell mell takeout reduction a panacea to pari-mutuel handle? No. It isn't.

By economic standards, there is a threshold that makes ideal sense in the takeout discussion which benefits all sides. However, the foil hat 'lower takeout' mantra chanters have no idea what it is, have no interest in discussing what it might be, or no actual stake in trying to work with anyone to try and discover it.

If the takeout topic is such a deal maker, why has there been close to no applause for Delaware's very noble and practical exacta expirement?

Originally Posted by Kasept

If the takeout topic is such a deal maker, why has there been close to no applause for Delaware's very noble and practical exacta expirement?

Because it's limited to one wager type when it should be all.

It's like bringing home a whole chicken and giving the man of the house one wing.

[asudevil]

Originally Posted by Coach Pants

Because it's limited to one wager type when it should be all.

It's like bringing home a whole chicken and giving the man of the house one wing.

I read that and all I could think about was Archie Bunker.

[randallscott35]

Originally Posted by Kasept

Well, my issue with the takeout debate, (as it is), is that it's a "Johnny One Note" hot button. Would careful management and a coherent approach to takeout benefit handle overall by promoting churn? Yes. Is pell mell takeout reduction a panacea to pari-mutuel handle? No. It isn't.

By economic standards, there is a threshold that makes ideal sense in the takeout discussion which benefits all sides. However, the foil hat 'lower takeout' mantra chanters have no idea what it is, have no interest in discussing what it might be, or no actual stake in trying to work with anyone to try and discover it.

If the takeout topic is such a deal maker, why has there been close to no applause for Delaware's very noble and practical exacta expirement?

Where is my foil hat? Let's start with 10% for WPS and better breakage and start from there. That is the same as pro sports betting....Better yet, let's encourage people to go to the track and offer reduced takeout on track...What was the attendance for Saturday at Belmont? 5500....in NYC. Also really you aren't comparing apples to apples when you deal with Saratoga. It is a destination. What about the other 10.5 months of the year? Takeout is hardly a canard and someone with a radio show who should be pro bettor should know that, especially with guys like Sanan who say precisely what I'm saying.

Originally Posted by randallscott35

Where is my foil hat? Let's start with 10% for WPS and better breakage and start from there. That is the same as pro sports betting....Better yet, let's encourage people to go to the track and offer reduced takeout on track...What was the attendance for Saturday at Belmont? 5500....in NYC. Also really you aren't comparing apples to apples when you deal with Saratoga. It is a destination. What about the other 10.5 months of the year? Takeout is hardly a canard and someone with a radio show who should be pro bettor should know that, especially with guys like Sanan who say precisely what I'm saying.

That would involve aggressive marketing and quite frankly there aren't enough bold entrepreneurs to take that risk in an industry that has little faith in itself to bring people to the track.

[Kasept]

Originally Posted by randallscott35

Where is my foil hat? Let's start with 10% for WPS and better breakage and start from there. That is the same as pro sports betting....Better yet, let's encourage people to go to the track and offer reduced takeout on track...What was the attendance for Saturday at Belmont? 5500....in NYC. Also really you aren't comparing apples to apples when you deal with Saratoga. It is a destination. What about the other 10.5 months of the year? Takeout is hardly a canard and someone with a radio show who should be pro bettor should know that, especially with guys like Sanan who say precisely what I'm saying.

Actually, Sanan has little regard for the one trick pony takeout drum-beaters which only serves to tell me you haven't listened too carefully to his weekly visits on ATR.

It's a phony issue. While it is a part of the overall equation, it's far from the lynchpin. Few are more pro-bettor than me. I just have a wider appreciation for all the stakeholding parties involved in this than those that think magically slashing takeout will be some miracle elixer.

[Kasept]

Originally Posted by Cardus

It's tough getting pointless canards past you, Steve.

Ain't that the truth!

And it's hysterical that you bring it up because as I typed 'pointless canard', I swear to G-d, I said to myself, "Where the heck has Cardus been???"