Quote:
Originally Posted by helicopter11
Very interesting however the 20000 dollars in 1920 would be about 250000 today. Would revenue for horse racing today compared to 90 years ago make Mucho Mach Mans 2.9 million he earned this year more or less impressive?.
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In those days, you had no revenue from simulcast wagering. No off-track betting. No ADW's. No on-track slot machines or table games to aid purses.
All of that stuff was extremely popular, but it happened in pool halls, between bookmakers and bettors who relied on telegraphs to know what the results were. They were everywhere, in virtually every city. Card games and slots machines exited in backrooms in virtually every city.
Technology should lead to more revenue, not stagnation.