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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 me it seems like the horse racing industry has too many old execs unable to grasp that it is no longer the 1960's and 70's |
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Enough on this from me, just going to see how it plays out. |
The sooner racing gets off slots welfare the better because it was a short term infusion of cash, no way were the politicians going to go far this arrangement.
Racing should really be hoping the NJ online betting deal works out, that could open the door to full, legalized, internet wagering in every state, and that would grow the game. |
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When 50% of the country has to go to the track or some OTB to bet I think its a much bigger loss than it would be if there is online betting on casino games. Horse players bet on horses because its a game of skill and not just mathematics. I guess you could argue poker could be a main competitor but for years there was online poker play, dont think that affected racing at all. |
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Has it been said that if you pay for a 4 seat table at Saratoga you have to pay for those minimums regardless if you have a full table or not. Ellis Park tried pulling that stunt this year. |
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I'd expect a little higher level of discourse here. |
Let's not forget that that $16 for those seats and now the $8 clubhouse fee goes directly to the track. That $24 doesnt have to be cut up like $24 in wagers are.
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Probably more in line with what steeplechase racing is now. |
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