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Originally Posted by justindew
No, I understand that this IS the case. What I don't understand is why. Why does anyone have to OWN the racing product? It seems to me the best model would be for a racetrack to put up a purse for a race, and then make money off the handle after the purse is paid (minus expenses and other crap). All these guarantees about who gets what seems like it's complicating the picture.
I get paid by CD, and I am openly critical of them often. And I don't disagree with much of what you say. But I think a very pervasive problem here is that CD and the "industry" in general make so many bad decisions that when a good decision is made, everyone bashes it instantly because CD, or NYRA, or the NTRA, or the Breeders' Cup made the decision. In turn, people who make logical arguments against and criticisms of the "industry" get tuned out because they bitch about everything.
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We own the horses. The horses are the product. Do you really think that CDI wouldnt just run a bunch of cheap races and a few stakes on Saturday if they werent contractually obligated? Thier idea would be we will get great field size and the same handle so why pay out the big purses?
I rarely ever see logical ideas get bashed, usually just the ones that are either illogical or impossible to achieve.