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Originally Posted by Danzig
for a better take on why many don't follow racing....a lot of people don't gamble-and they connect horse racing only to that, not as entertainment.
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More like they connect the sports excessively high takeout to mean that the game is total suckerbait.
Impossible to beat - and not worth the time invested to learn.
22% of US adult males between the ages of 18-49 play fantasy sports. Most are hardcore nerds who are obsessed with numbers and stats. These types are more likely to gamble on poker than horse racing by a tremendously wide margin.
It's information based gambling just like with the stock market or fantasy sports .. and I think a lot of people understand that. What they might not understand is that the sport is not impossible to beat .. and you can make a living from beating it .. but it is tougher than hell .. and anyone talented/crazy enough to do it consistantly could probably make
at least double doing something else.