great takeout article

[10 pnt move up]

Originally Posted by Cannon Shell

The vast majority of players simply dont bet enough to really benefit from a lower takeout in their opinions. Like Brunetti said, "It is only a few cents here and there" or something to that effect.

of course they dont, many of them are losing their ass. I play plenty of poker online, a deposit seems to last forever, its great entertainment for nada. I go on a losing run at the horses and yikes.

[Cannon Shell]

Originally Posted by 10 pnt move up

of course they dont, many of them are losing their ass. I play plenty of poker online, a deposit seems to last forever, its great entertainment for nada. I go on a losing run at the horses and yikes.

yeah but most people lose at Poker too and very few ever make a real score like you can at horse racing.

[10 pnt move up]

Originally Posted by Cannon Shell

yeah but most people lose at Poker too and very few ever make a real score like you can at horse racing.

what does that have to do with the "churn" that lower takeout produces?

[cmorioles]

I am not placing the blame at horsemen's feet. Horsemen and the tracks are both to blame.

[10 pnt move up]

Originally Posted by cmorioles

I am not placing the blame at horsemen's feet. Horsemen and the tracks are both to blame.

no doubt, the last innovative idea a track had was the exacta.

[cmorioles]

Tracks have at least, albeit on rare occasions, asked for takeout reductions. Horsemen constantly ask for takeout increases.

[Cannon Shell]

Originally Posted by cmorioles

Tracks have at least, albeit on rare occasions, asked for takeout reductions. Horsemen constantly ask for takeout increases.

That is simply not true.

[Cannon Shell]

Originally Posted by 10 pnt move up

what does that have to do with the "churn" that lower takeout produces?

Your comparison of Poker betting and horse betting. Your not able to keep your money longer in poker strictly because of the lower take but because of the different nature of the bets.

[10 pnt move up]

Originally Posted by Cannon Shell

Your comparison of Poker betting and horse betting. Your not able to keep your money longer in poker strictly because of the lower take but because of the different nature of the bets.

So entertainment dollar here.

I have a 1000 dollars, I lose it in a aweek at the horses, where I lose it over 6 months in poker, but I should be more inclined to entertain myself for the week because of the big score?

I just dont think that the wagering model is working with higher takeouts in horse racing, what do you think?

[Cannon Shell]

Originally Posted by 10 pnt move up

So entertainment dollar here.

I have a 1000 dollars, I lose it in a aweek at the horses, where I lose it over 6 months in poker, but I should be more inclined to entertain myself for the week because of the big score?

I just dont think that the wagering model is working with higher takeouts in horse racing, what do you think?

Your logic is unusual. If you want to stretch your "entertainment" dollar, rent movies. As for the gambling dollar, yeah horse racing is a much better bet than poker despite the takeout. Because you lose slower at Poker it is a better bet? What difference does it make if you are assuming a loss anyway. The thing is that there is virtually no way that you can make a big score at Poker. You can do that on pretty much any card at a semi major track pretty much everyday of the week. I agree that takeouts are too high in most cases but unlike poker there are a lot of other mouths to feed from the horseracing dollar and the comparison is kind of an apples and oranges thing.

[The Indomitable DrugS]

I would be in complete agreement with every word Cannon typed...

But Freddy says he makes good money playing poker. So Poker has to be the much easier game to win at.

[hi_im_god]

Originally Posted by Cannon Shell

Your logic is unusual. If you want to stretch your "entertainment" dollar, rent movies. As for the gambling dollar, yeah horse racing is a much better bet than poker despite the takeout. Because you lose slower at Poker it is a better bet? What difference does it make if you are assuming a loss anyway. The thing is that there is virtually no way that you can make a big score at Poker. You can do that on pretty much any card at a semi major track pretty much everyday of the week. I agree that takeouts are too high in most cases but unlike poker there are a lot of other mouths to feed from the horseracing dollar and the comparison is kind of an apples and oranges thing.

which is why (for me) it is actually easier to make money playing poker than the horses.

i can play online where the rake is minimal because there's no brick and mortar, dealer salary, floor manager salary, shift supervisor salary, floor runner, or the expectation to tip any of them.

i can choose my table and assessing the talent of my opponents is easy with the tracking websites.

i can't choose to play against the worst horseplayers. i get the whole bucket. and i'm expected to pay the groom, hotwalker, jock, trainer, track operator, state licensing agency, and god knows who else off the rake.

all i have to do is put up with endless conspiracy theories as to why online poker is fixed by the losers. that and pay 5% on ring games and 10% on tournament entries. and there are ways to get rakeback.

you have to have a passion to crack horseracing. anyone with patience, minimal talant, and a 3 digit iq can win at poker.