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[Dunbar]

Originally Posted by The Indomitable DrugS

Nothing will ever improve - and the decline will only continue - until the sport can shed its label as a bigtime suckers game.

Meaningful takeout reductions and big rebates just haven't been attempted by any tracks - and betting exchanges are the last great hope for turning the tide... but you know this industry will screw that up. How can anyone have even a morsel of faith?

(emphasis added)

I don't think even reduced takeout can make a difference. When Ellis reduced takeout on it's Pick-4's to 4% for an entire meet 2 years ago, it hardly made a difference. People preferred the 20%+ takeouts at the "big" tracks. How much did Pimlico's recent experiment with lowered takeout raise handle? Not much.

--Dunbar