Betting exchange markets by themselves can save this sport - assuming the commisions are kept reasonable and that there's few or no entities competing with each other.
If things go smoothly ... horse racing will be flooded with 19 year old college kids on a sustained Mountain Dew buzz who spend 14 hours a day on their computer handicapping and betting on races in the market.
That's what could save racing - a vast army of younger people betting up to 70 or 80 races a day.
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