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Originally Posted by Withers
, there are LOADS of sports that operate without betting revenues. What exactly makes horseracing so different? Other sports manage to fund multimillion dollar stadiums. Why? Because of their massive fan base and appeal and the fact that people watch the sport and exert so much pressure on local governments that they put themselves in debt to keep local constituencies happy. ...
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Unlike other sports, horseraces last 2 minutes. Also, half the people in the stadiums of the other sports you are talking about have money on one team or the other or the over, under, etc., most with illegal bookies. I can't imagine a model without wagering.