"Argentine tracks take a cut of about 29 percent from every peso or dollar wagered - one of the most burdensome rates of any important racing nation. In the United States, where the takeout rate averages 20opercent, the most sophisticated gamblers with the most sophisticated information struggle to eke out a profit of a couple percentage points. How could anyone using the limited data in Argentina overcome a 29 percent takeout?"

Gee, you would have thought the writer would have known this before going down there.

Nice writing style. Crisp, clear and with a direction. I hear Clifford Irving had a nice writing style too.