|
|
 |
|
|
|
#1
05-16-2007, 01:41 PM
|
||||
|
||||
Quote:
quote: But what if racing were transformed into a gambling game that no longer caused customers to go broke quote: the fact that it is a gambling enterprise that is so difficult to beat that virtually everyone who tries it loses money I love the artical, but I am not a loser, or am I broke. That's all Throat 
|
|
#2
05-16-2007, 01:42 PM
|
||||
|
||||
|
Quote:
|
|
#3
05-16-2007, 01:46 PM
|
|||
|
|||
|
Quote:
Both quotes are essentially correct....especially the second. The mathematical fact is the takeout will essentially case many players to lose all their money over time.
|
|
#4
05-16-2007, 01:52 PM
|
||||
|
||||
|
Quote:
Can't fight facts or factorials. But that is not my case, and I don't think it is for some other players either. I don't like being lumped or tossed in a group that have the game mixed up between gambling their check away, or properly placing a bet in my favor.
|
|
#5
05-16-2007, 01:54 PM
|
||||
|
||||
|
Quote:
|
|
#7
05-16-2007, 01:58 PM
|
||||
|
||||
|
Quote:
|
|
#9
05-16-2007, 02:04 PM
|
|||
|
|||
|
Quote:
|
|
#10
05-16-2007, 02:05 PM
|
||||
|
||||
|
Quote:
|
|
#11
05-16-2007, 02:24 PM
|
||||
|
||||
|
There's no way what Finley describes is going to happen. As far as getting more people out to the track, that ship has sailed. The only growth in the sport is ADW and aside from SoCal, Saratoga and big days at the other places, people are just not going to spend the extra $20 it costs to drive, park, admit and have a lousy sandwich to go to the races live. People shop, pay their bills and gamble online. They are not going to drive to Hawthorne in March when they can bet any track they want in their living room.
Aside from takeout, the biggest problem is that all the tracks gave away the store in the 80's when they cut the simulcasting revenue-share deals that provide very little revenue to the tracks actually running the races. All the host tracks thought simulcasting was found money and didn't recognize how much it cannibalized their live product. The simulcasting deals are what is killing the sport along with takeout. It's absurd that places like Yonkers, all of the Ontario harness tracks and most other tracks even exist today. There's no valid economic reason for all these tracks artificially propped up by unfair simulcast deals and slot machines to exist. When a place like the Palm Beach Dog Track handles $200k each on NYRA and Gulfstream every winter Saturday, with less than 25% going to those host tracks, something is very wrong. But these mostly small tracks with slots and/or simulcast deals are making money. Lots of it. And most of the slots tracks are partnered with big gaming companies who are far better than traditional race track managers at playing the game at the legislative level. They will fight to the death to resist any change. And they will most very likely win.
|
|
#12
05-16-2007, 07:19 PM
|
|||
|
|||
|
"Imagine a game where there was no takeout or a very small one. The same exacta that is now paying $40 would pay $50. The winner that now returns $8 would pay $10."
I think we would all love to play a track with little or no takeout
|
|
#13
05-16-2007, 07:44 PM
|
||||
|
||||
|
Quote:
i know i would.
|
|
#14
05-16-2007, 07:52 PM
|
||||
|
||||
|
Quote:
|
|
#15
05-16-2007, 08:42 PM
|
||||
|
||||
im willing to go along with the premise of the article if it means lowering take or raising/HAVING rebates.
What the business of racing fails to see is the new customers created by the online wagering sites. Rebates and a nice interface and all of a sudden new players want to try their hand... The industry doesn't seem to think outside the box. Racing isn't even regularly broadcast on national television and it is 2007. The industry seems to view investments, rebates, lowering take as losses. No forward thinking. It's like the driver who only looks one foot in front of his car and then has to slam on his/her brakes at a red light. There is only one solution to the racing industry. Slots. just kidding 
|
|
#16
05-16-2007, 01:51 PM
|
||||
|
||||
|
Quote:
I really liked the article or atleast the angle of the ideas. Racing needs to realize that what they get now from the racing is next to nothing. They wouldn't do badly to cut it further and might not lose a cent based on increased volume. I am also a fan of the bonus for on-track bettors. It would give you a reason to come out to the track. Last thought, why in the hell would struggling tracks, like the ones in Maryland, still charge for parking and entrance. All it does is keep people away. Have you ever paid to enter a casino?
|
Hybrid Mode
