Quote:
Originally Posted by blackthroatedwind
NY OTB pays a fee for all signals, just like ADWs and host tracks pay other tracks, but pays a very low rate due to their high handle. They have a state mandated deal with NYRA, as they were created as an arm for racing in NY State, and thus have to support the industry in NY State and the very races they specifically were created to exist upon. Remember, for the first 25 or so years of their existance, there was little to no simulcasting, so they existed only on NY races.....save a literal handful of " special events. "
I really don't feel like getting into a further discussion of how OTB is inefficient and takes way too much money out of racing and why the nature of their charter runs contra to the best interests of racing.
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Thanks.
Was mainly looking to understand the arrangement between NY OTB and Track. OTB is what is it and arguing about it certainly seems to be pointless right now. Just trying to get a sense for how much more an on-track dollar benefits the track as opposed to a off-track dollar.