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#1
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I believe his point is that it accomplishes very little and that there are much better ways to increase participation in the Preakness
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#2
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Yeah, I mean they could have just increased the purse of the Preakness to $3 Million. But this may have increased participation in numerous races, while leaving open the possibility that they won't have to pay out a dime.
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#3
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I don't know how to measure it but I doubt that the bonus has led anyone to alter their plans and choose magna races because of this bonus
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