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Old 09-22-2010, 03:58 PM
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Kasept Kasept is offline
Steve Byk
 
Join Date: May 2006
Location: Greenwich, NY
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Quote:
Originally Posted by randallscott35 View Post
Totally disagree. From that rationale, takeout doesn't matter at all. If that were the case why would DRF and others publish the takeout information and bloodhorse run a story about online wagering where within the story, the fact that takeout needs to be lowered is the key point? Saratoga and all tracks would do better, not worse if takeout were lowered.
Well, my issue with the takeout debate, (as it is), is that it's a "Johnny One Note" hot button. Would careful management and a coherent approach to takeout benefit handle overall by promoting churn? Yes. Is pell mell takeout reduction a panacea to pari-mutuel handle? No. It isn't.

By economic standards, there is a threshold that makes ideal sense in the takeout discussion which benefits all sides. However, the foil hat 'lower takeout' mantra chanters have no idea what it is, have no interest in discussing what it might be, or no actual stake in trying to work with anyone to try and discover it.

If the takeout topic is such a deal maker, why has there been close to no applause for Delaware's very noble and practical exacta expirement?
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