11.4% takeout at Laurel?

[-BT-]

Originally Posted by docicu3

And Laurel is a struggling track ........rigormortis comes to mind!!!

Frank Stronach and the boys at MEC are always in the giving mood......11.4% takeout or not the degenerates who want to play the slots and the horses will just head 60 miles north to Delaware Park or 60 miles west Charles Town

i wonder what kind of takeout there's gonna be at the Timonium meet?

-bt-

[SniperSB23]

Originally Posted by -BT-

Frank Stronach and the boys at MEC are always in the giving mood......11.4% takeout or not the degenerates who want to play the slots and the horses will just head 60 miles north to Delaware Park or 60 miles west Charles Town

i wonder what kind of takeout there's gonna be at the Timonium meet?

-bt-

Unless that takeout applies to on track betting only I imagine the customer base they will be trying to appeal to is the off track betting one. I doubt people are showing up in droves to Ellis Park but a lot more people are betting their Pick 4's off track.

[SlewsMyHero]

I rarely play the Maryland circuit, but I will certainly be participating during their 10 day meeting. The New York and So. Cal circuits will always handle big money, but for lower level circuits like Maryland, how else are they supposed to attract bettors. It's pretty obvious they are not going to get slots any time soon, so a lower takeout is really their only option. Lowering the takeout to such low levels across the board should get the attention of all serious players. They could see their handle triple if they can get the word out.

[Kasept]

Originally Posted by SniperSB23

Unless that takeout applies to on track betting only I imagine the customer base they will be trying to appeal to is the off track betting one. I doubt people are showing up in droves to Ellis Park but a lot more people are betting their Pick 4's off track.

Except that a number of off-track units aren't taking the bet due to the fact that they stand to lose money after application of their sub-license signal fees..

[philcski]

Originally Posted by Kasept

Except that a number of off-track units aren't taking the bet due to the fact that they stand to lose money after application of their sub-license signal fees..

...which is a real shame. What these ADW people don't realize is the $1-2 they would lose on a $100 P4 (4% takeout - ~5-6% signal fee) is MORE than made up for by additional wagering on the card. It's common business practice in retail to have "loss leaders" which is precisely what Ellis is doing here. If you could find a list of outlets that aren't taking the bet I'll write a letter on behalf of horseplayers to them.

[SentToStud]

Originally Posted by philcski

...which is a real shame. What these ADW people don't realize is the $1-2 they would lose on a $100 P4 (4% takeout - ~5-6% signal fee) is MORE than made up for by additional wagering on the card. It's common business practice in retail to have "loss leaders" which is precisely what Ellis is doing here. If you could find a list of outlets that aren't taking the bet I'll write a letter on behalf of horseplayers to them.

It is a shame and I'll also write and call those non-participating outlets as well. With 80-90% of total handle off-track I guess for this to really work well they are going to need to amend the signal fee contracts, in effect splitting out the p-4 from other wagers.

[philcski]

Originally Posted by SentToStud

It is a shame and I'll also write and call those non-participating outlets as well. With 80-90% of total handle off-track I guess for this to really work well they are going to need to amend the signal fee contracts, in effect splitting out the p-4 from other wagers.

Another wagering pet peeve of mine: you cannot play .10 supers from any facility that offers the wager or .50 pick 5's from Monmouth at NYRA- minimum bet, a buck. Their excuse- "it takes too long" (meanwhile there were 20 open terminals right next to where I was having the discussion )

[10 pnt move up]

Seriously, do the OTB's have the power today that they held 5-10 years ago with the internert? I have not been to an OTB in several years. Most of the tracks are going to their own ADW system anyways.