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Old 02-05-2009, 06:57 AM
Travis Stone's Avatar
Travis Stone Travis Stone is offline
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Join Date: Sep 2006
Location: Louisiana
Posts: 2,229
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Quote:
Originally Posted by Linny
Honestly, I have never quite understood the concept of free info.
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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