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Old 02-25-2009, 11:47 PM
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justindew justindew is offline
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In my opinion, this is the bottom line:

In the horse racing industry (as well as many, if not all other industries) no one does anything unless they have proof the move will help rather than hurt business. It seems like people in this industry are more risk-averse than most businessmen, but I guess I have no proof of that.

For one reason or another, correctly or incorrectly, CD feels an AE list is not the best move for business. My theory is that this refusal has to do with advance wagering and bettor confusion.

As for the Derby Draw, it generates revenue.
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Old 02-26-2009, 06:59 AM
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joeydb joeydb is offline
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Risk averse, yes, but I think you're giving them too much credit in implying that they are always looking for new ways of doing things. Many of the horse racing state offices and management appear to be suffering from the same stagnation that plagues many beaurocracies, whether they be governmental or corporate.

A previous post suggesting the ordering of the post draw by earnings level sounds like an idea worth trying.
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Old 02-26-2009, 09:29 AM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by justindew
In my opinion, this is the bottom line:

In the horse racing industry (as well as many, if not all other industries) no one does anything unless they have proof the move will help rather than hurt business. It seems like people in this industry are more risk-averse than most businessmen, but I guess I have no proof of that.

For one reason or another, correctly or incorrectly, CD feels an AE list is not the best move for business. My theory is that this refusal has to do with advance wagering and bettor confusion.

As for the Derby Draw, it generates revenue.
Actually this business is way less risk averse than normal businesses. The tracks are the only ones who are risk averse and that explains a lot in how they have stagnated.

CDI may feel that an AE is not a good move for business but that certainly doesnt mean they are right.

The Derby draw generates revenue? Are they selling tickets now?
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  #4  
Old 02-26-2009, 09:40 AM
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justindew justindew is offline
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Quote:
Originally Posted by Cannon Shell
Actually this business is way less risk averse than normal businesses. The tracks are the only ones who are risk averse and that explains a lot in how they have stagnated.

CDI may feel that an AE is not a good move for business but that certainly doesnt mean they are right.

The Derby draw generates revenue? Are they selling tickets now?
I was referring to the tracks. My fault for not being clear.

I know that UPS once sponsored the draw. Can't remember if CD sold sponsorship rights last year.
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Old 02-26-2009, 11:32 AM
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Thunder Gulch Thunder Gulch is offline
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Quote:
Originally Posted by Cannon Shell
Actually this business is way less risk averse than normal businesses. The tracks are the only ones who are risk averse and that explains a lot in how they have stagnated.

CDI may feel that an AE is not a good move for business but that certainly doesnt mean they are right.

The Derby draw generates revenue? Are they selling tickets now?

The Derby draw is televised, so I'm sure ESPN is paying something. Even if it's not much, it is and hour worth of publicity.

There is also a lot of activity around the draw which gets people out into businesses spending money.
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Old 02-26-2009, 02:53 PM
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Scurlogue Champ Scurlogue Champ is offline
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Quote:
Originally Posted by justindew
In my opinion, this is the bottom line:

In the horse racing industry (as well as many, if not all other industries) no one does anything unless they have proof the move will help rather than hurt business. It seems like people in this industry are more risk-averse than most businessmen, but I guess I have no proof of that.

For one reason or another, correctly or incorrectly, CD feels an AE list is not the best move for business. My theory is that this refusal has to do with advance wagering and bettor confusion.

As for the Derby Draw, it generates revenue.
Derby Barbie, Emo concert at Arlington Million Day last year from an unknown singer, Matrix, Over-Under, Derby Party, Chief Party Officer, Kempton Park Challenge.

I wonder what proof they had that the above moves would help business.

If they just lowered takeout a bit and sat on their asses they would do a better job at increasing business.
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