Belmont Purses get 13% hike courtesy of 'Toga

[Travis Stone]

Originally Posted by HomerS

Would love to get to the position where takeout was reasonable enough where we could find what the sweet spot is.

Racetracks don't make enough money on horse racing to experiment and find that sweet spot w/out drastically impacting their business. I'm sure it exists, and it is probably closer to 10% than where we are now.

But let's be real... and like Steve, I'm pro gambler all the way... but I'm also in a unique spot where I can see the business from the other side.

If horse racing said, "On Saturday, the nationwide takeout will be 10%" ... would handle be drastically affected? What about the visa-versa?

Another question to think about... Should horse racing gamblers pay a "premium" for gambling on a game where logic/understanding/hard work can prevail over luck (roulette, for example) in the long run? Is that fair to say?

Takeout is one of many issues facing horse racing... but having a quick slash in the takeout will not save the sport. It doesn't hurt, but it's not the Holy Grail some are painting it to be.