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Originally Posted by Travis Stone
Never underestimate the power of free. Some of the most powerful companies in the world are based upon the premise of free. Google and free search is one example, but a more close to home example is casinos. If you had to pay $1.00 to sit down at a slot machine, would you ever sit? Of course not.
In horse racing, the game changer is the information. The information is horded like its the Holy Grail. Equibase, who controls the information, only licenses it. Those who sell it are not allowed to give it away for free, to protect the information's value and protect their interests.
If the industry were to ever overcome this ridiculous hurdle, one can only imagine where it could take us.
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but would they pay $1 to find out which machine pays off the most, or the highest? probably.
i am not surprised, considering the economy right now, to see formerly free materials suddenly have a price tag attached.
02-05-2009, 07:00 AM
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