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#1
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America's Best Racing sponsored a fan education area with Horse Player NOW, and we wound up with two sets of teams to do the kind of fan education that at least helps casual bettors feel like they aren't just randomly picking horses and betting against themselves. One area inside for foot traffic in the plant, and another out back by the wagering pavilion, and we saw some of the same people who found us in the Preakness infield just a few weeks earlier when we hosted a tent there with the Daily Racing Form. It's remarkable, really, just how little help many of these people need to get even the most cursory handle on things. Lots of these casual, big event, fans are sharper than I/we give them credit for, but if they don't know where to start, they're going to get lost in the shuffle. It's all about logistics and money, for sure, but I know from firsthand experience at Pimlico the last three years and at Belmont Saturday that these kind of casual bettors CAN be turned into more serious players. It's not easy, but it's possible. It really was a great day there, and the energy was surprisingly positive given the scratch of IHA. |
#2
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Totally agree with what you have said here. Teach them...and they are much more likely to come back. |
#3
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![]() Did anyone else hear the Elliot in the Morning show in the DC area today?
It was painful to listen to them talk about horseracing and it was clear that he had been reading the NY Times articles and unfortunately his trips to Belmont Park on a weekday, and Pimlico during the Preakness, didn't help any to form a more positive opinion. It went far beyond doped and broken down horses -- the idea that all tracks are dirty, the patrons are drugged degenerates, the game robs people etc. A lot of my friends ride horses and have seen the "thrown away" thoroughbred and unfortunately that is the image that they base the entire industry on. The game needs a major image rehaul and is doing a terrible job of getting the entire story out. Our own instruments of exposing people to the game are even working against us...was it necessary for NBC to reshow and isolate on Giant Ryan breaking down? Or the tracks that think they are doing a service by providing 3 or 4 horses by their on-track experts -- what does that provide? A quick way to lose money is what is provides. Honestly, figuring out who the best horse is is pretty easy -- it's figuring out how to use that horse to make good money is what is going to attract people. |
#4
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![]() Educating new fans and current bettors is all well and good -- but they're going to need a whole lot of disposable time and income and they're going to struggle against that rake.
It's a noble but wasted effort. You have to detach the "suckers game" label that cripples the sport so badly. Younger people will educate themselves. Poker is absolutely dominated by young people. Many of the best players in the world are only in their 20's. I believe horse racing could certainly become a lot bigger deal than sports like the NFL, MLB, and NBA if you see a combination of betting exchanges, in-race betting, and low exotic takeout rates in play. A show like SportsCenter would ultimately feature at least as much horse racing coverage as it would for any other sport. It wouldn't be a big deal for serious people who know nothing about horse racing right now to eventually be betting $20,000 - $40,000 -- $50,000 on a race. More horses would be bred, tracks that really ought to be closed would thrive. The whole industry would be a ton better off. Anyone who thinks that's unrealistic is clueless as far as I'm concerned. If you don't address the suckers game label -- you're just staying in the same old position you're in right now. You need 7-day a week fans that will carry the water and bet at least hundreds of dollars on several races each day -- these type of people don't care about horse racing right now. |
#5
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#6
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![]() It's something fairly new in Europe that would be much better suited for dirt racing where pace is more important and running style tactics can be harder to predict.
Here's an example of the odds moving in-running on an eventual winner. The odds are in the right hand corner. The Eventual winner goes from as low as 3-1 odds at one point in the race to as high as 23-1 odds on the far turn. http://www.youtube.com/watch?v=tkrbE...feature=relmfu Here's an example of what the betting screen looks like during the race with the prices moving. http://www.youtube.com/watch?v=fVQc2YVgXwc |
#7
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__________________
don't run out of ammo. |
#8
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Always play double odds and get that vig down to 0.6%. Bypass the hardways and play either place or come bets (again with double odds). It won't take too much of a streak to come out positive against the low vig. |
#9
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__________________
don't run out of ammo. |
#10
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#11
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#12
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![]() I don't agree at all. Using math to understand theories of figure making and properly constucting tickets is far more complicated than sitting there waiting for the jack of hearts which is how the vast majority of people play. High stakes Poker between the very best players is a different story but that is .0000001% of the players.
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#13
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![]() What is the percentage of the favorite hitting the board?
Take Preakness day for an example, which is what the newbie fan will be watching: http://www.equibase.com/static/chart...12USA-EQB.html Teaching the newbie fan how to make money with these favorites vs. just throwing out 3 or 4 horses is much more valuable, which was my point. |
#14
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I don't have the right answer, and I'm not necessarily saying you are wrong. Of course everyone isn't going to "understand" everything about handicapping. But, as we all eventually did, we got introduced and found a method we use. I just wonder if oversimplifying things would become counterproductive. |
#15
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Doug brings up poker, it's programmed and advertised on consistent basis. The more I think about it, he could be on to something with the exchange wagering idea. Poker players could go hours without playing a hand, so that needing the constant action/thrill isn't really an issue. I almost look at it like the way people day trade. I'm still not 100% how it works, but from what I know it's really a very interesting concept.
__________________
Felix Unger talking to Oscar Madison: "Your horse could finish third by 20 lengths and they still pay you? And you have been losing money for all these years?!" |
#16
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#18
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#19
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That is useful information IMO. |
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