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Old 09-15-2006, 11:00 AM
blackthroatedwind blackthroatedwind is offline
Jerome Park
 
Join Date: Jun 2006
Posts: 9,939
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Do you understand the process NYRA has to go through to get the take-out changed?

I assume you realize when they tried to cut it a few years ago that OTB, which has no legal right to have any say whatsoever, blocked the move. Then, in order to be able to offer their rebate plan, which they had been trying to institute for a number of years, NYRA was forced to raise the take-out 1% ( on WPS ) to satisfy OTB.

So, while lowering take-out is a great idea, and hopefully will happen all around in the future, the off-hand suggestion in this case is unrealistic to say the least. Hell, it takes the NY State Racing and Wagering Board a year or more to approve even the minutest of changes. I don't think people understand how badly NYRA's hands are tied.
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