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#1
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This is the fallacy we often hear. Let's try running races without gambling and see how many people show up.
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@TimeformUSfigs |
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#2
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I think they are trying to draw a younger hipper more affluent crowd to the races. They know this not going to happen at Aquduct in the winter but might work at Belmont in the spring or fall. To do this they are trying to price out some of the undesirables, stoopers, unwashed people etc.... I know this is a stereotype but when I try to bring new people to the races this is often the first thing I hear. |
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#3
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I guess this is where the split is. For some, it is entertainment, for others it is gambling. I love racing, but take away the gambling, and I'd most likely never go again.
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@TimeformUSfigs |
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#4
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#5
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NYRA offers a premium product. You raise prices for premium products. Saratoga's Clubhouse admission price was lower than that of every other major racetrack in the country that charges. It was time for an increase.
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#6
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It was only time for an increase IF the delta between handle rake and addtional earned admission is positive. Who did the analysis or was it "just time to increase it"?
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#7
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Only in racing do prices go up when business is down.
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@TimeformUSfigs |
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#8
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Business is not down in NY for the year. Handle is up. Handle was down at Saratoga by a fractional margin.
I understand you're completely against the price increase. However, if you grant that a price has to be charged, the new price is quite fair based on the market. |
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#9
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Outside of professional sports perhaps
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#10
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#11
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they could charge 15 and 30 it would still be worth it
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#12
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Yeah, $15 or $30 would really bring the fans in droves.
If you bet only $100, you are already paying $18-20 in admission...but everybody seems to forget that. Let's just keep tacking on more and more.
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@TimeformUSfigs |
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#13
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My gambling friends who know little to nothing about horse racing sometimes ask me (crazy i know) for a play or two. Rest assured, they always have a snarky comment to me about the people that visit these betting outlets and joke about how I'll one day be one of these guys lol. Needless to say, there's a stigma that goes along with horse players. Right or wrong, it's there, and I think it prevents some of the newbie generation from jumping in feet first. I've also wondered what racetracks would look like if they followed the NFL's footsteps in making home viewership so much more enjoyable than year's past. Apples and oranges in comparison to product, just something that crosses my mind from time to time.
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"A person who saw no important difference between the fire outside a Neandrathal's cave and a working thermo-nuclear reactor might tell you that junk bonds and derivatives BOTH serve to energize capital" - Nathan Israel |
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#14
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#15
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__________________
Tod Marks Photo - Daybreak over Oklahoma |
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#16
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Last edited by helicopter11 : 12-03-2013 at 09:19 PM. |
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#17
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#18
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#19
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will a lousy fiver really make the difference between going to the track or not? hell, people pay hundreds every couple months to upgrade to the latest iphone, if they want to go to the track five bucks won't make the difference.
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#20
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Its best to reward people coming to the track than to punish them. If you say an extra 2 dollars wont decrease attendance then the counter argument shall be....does it increase it? If so, how? Is there something new and spectacular offered at the track that the new increase is worth me coming? A fiver multiplied by 50 days times 1000 people is money that could be used in the pools. Would you not welcome that or are the hobos that much of a nuissance to you?
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