A truly bad day for N.J.

[philcski]

Originally Posted by blackthroatedwind

They are getting less than 4% for their signal.

Depends on where it's coming from. 3-4% from other tracks, 7-8% from ADW's. NYRA gets the most preferred rate, obviously. I actually talked to Kulina about it.

[blackthroatedwind]

Originally Posted by philcski

Depends on where it's coming from. 3-4% from other tracks, 7-8% from ADW's. NYRA gets the most preferred rate, obviously. I actually talked to Kulina about it.

So, you talked to Kulina about this, and then represented it falsely at 6%. The blended number is below 4%.

[philcski]

Originally Posted by blackthroatedwind

So, you talked to Kulina about this, and then represented it falsely at 6%. The blended number is below 4%.

How am I representing it falsely? Like I said, their signal cost is based on what type of provider you are. NYRA gets the best rate, a track like Arlington would be next, a Sam Houston next; then the price jumps for ADW's because (in Kulina's words) "they don't provide a product to wager on in return."

If 50% of OTW is at 3-4%, and 50% is at 7-8%, that's about 5.5-6%. But we're all painfully aware that most wagering is off track these days.

[blackthroatedwind]

Originally Posted by philcski

How am I representing it falsely? Like I said, their signal cost is based on what type of provider you are. NYRA gets the best rate, a track like Arlington would be next, a Sam Houston next; then the price jumps for ADW's because (in Kulina's words) "they don't provide a product to wager on in return."

If 50% of OTW is at 3-4%, and 50% is at 7-8%, that's about 5.5-6%. But we're all painfully aware that most wagering is off track these days.

If you want to quote Bob Kulina a link would be the best way to do him justice.

As for splitting it down the middle....that's an inaccurate representation.

[philcski]

Originally Posted by blackthroatedwind

If you want to quote Bob Kulina a link would be the best way to do him justice.

As for splitting it down the middle....that's an inaccurate representation.

Give me a reasonable split if you think that's inaccurate and a rationale for your percentages. The delta of 1% in off track wagering fees is approx. $1.5MM to date so getting this figure right obviously is of utmost importance.

[blackthroatedwind]

Originally Posted by philcski

You know as well as I do this is information that isn't published and generally well protected- a link would not be available. I spoke to him on the phone in reference to a potential business my partners have been pursuing. Is that unacceptable data? Or do you think he was flat out lying to me?

Give me a reasonable split if you think that's inaccurate and a rationale for your percentages. The delta of 1% in off track wagering fees is approx. $1.5MM to date so getting this figure right obviously is of utmost importance.

Does he know you are quoting your conversation on a public message board?