Belmont Purses get 13% hike courtesy of 'Toga

[randallscott35]

Originally Posted by HomerS

I think players are capable of seeing the game from all sides.

Many of us even have jobs in the business world and know a thing or two about business

I think most players realize that if the game doesnt work for everyone it wont work for them in the end. But the lack of appreciation of the cost of doing business is really alarming to me. Sure since the game is parimutuel you always have somewhat of a chance. But to the point about knowledge and skill could poker survive on horse racing takeout rates?

The fact that many tracks are struggling suggest more then ever this is the time to experiment. If not now when? Realize that many tracks are hamstrung by the politicians but we have seen some are more aggressive then others in getting creative and addressing the issue. In this rough economy you see other businesses discounting- even fancy restaurants in NYC.

Lowering takeout wont solve everything but it will go a long way. I dont think the reason not to act is that it wont solve all problems. Again not sure people really appreciate the churn and what even a few points in drop will mean.

I agree. I realize it isn't the only thing that will help. Less racing is the future, not more....But if I have limited dollars to wager, horse racing needs to court those dollars aggressively. You can't blame people who use rebate shops when the game is upwards of 100% more takeout than betting a crummy football game.