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Originally Posted by randallscott35
Oh I agree Steve. I'm simply saying if they do raise takeout, it is a negative. I'll wait and see. But I don't play certain places based on the take.
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My comments are directed to those that are eager to expect the worst.
But what if they were to drop WPS takeout to 14% from 15.43%; drop 2/3/4 horse exotics to 18% from 20.18%; BUT raise P3/P4/P6 to 24% from 20.18%? That would be felt less by players on the multi race side but still raise revenue and perhaps also raise churn on the reduced takeout wagers? Is that a viable approach to test the waters on reduced takeout?
New York and Illinois take 25% on P3-P4... I don't hear any screaming... I also don't hear a peep of praise for California having been kept at 20% all this time on those wagers...
The bill is designed to provide flexibility. The basics of the existing takeout system in CA isn't immediately affected. Is there potential for everyone involved to do the wrong thing? Yes.. Does it have to be assumed? No..