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#1
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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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#2
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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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#3
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#4
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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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#5
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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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#6
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Only in racing do prices go up when business is down.
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@TimeformUSfigs |
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#7
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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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#8
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Customers don't care about political maneuvering between the state and NYRA. All they know is they are going to be asked to pay more while slots money is rolling in. Think about that.
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@TimeformUSfigs |
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#9
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Outside of professional sports perhaps
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#10
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That hasn't been my experience.
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@TimeformUSfigs |
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#11
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#12
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they could charge 15 and 30 it would still be worth it
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#13
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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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#14
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As to Saratoga and the hit to those who attend most of the season, do they still offer the season pass? It has been a couple years since I lived there, but if they do still offer this, it is a great deal for frequent attenders.
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Tod Marks Photo - Daybreak over Oklahoma |
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#15
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If I go and wager in a casino on a slot machine and bet $100 the casino will get an average of $5 pending on the game. If I bet $1000, which is my typical handle if I was to go to the races for an entire day, its $50. If I go to the races they get $200 on average. One is free and the other is charging, you would think its reversed on the who.
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"To learn who rules over you, simply find out who you are not allowed to criticize"...Voltaire |
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#16
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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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#17
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#18
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Tod Marks Photo - Daybreak over Oklahoma |
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#19
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Last edited by helicopter11 : 12-03-2013 at 09:19 PM. |
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#20
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