NYCOTB Deal agreed on tonight!

[Cannon Shell]

Originally Posted by saratogabrit

In that article in mentions that it was created to thwart "private bookies" in 1970. How much of a problem was that before 1970?-and compared to now?

Personally I think y'all need an off-course tote monopoly and on-course bookmakers.

Down the Australian route rather than the British or Irish-but tracks could take a leaf out of the British book and have a pitch auction. Everyone wins. Entry fees to tracks stay low. Thousands of bettors will return to the tracks....

I like it

[blackthroatedwind]

NYRA plans to offer at least the added takeout back in a rebate to NYRA One account holders.


http://drf.com/news/article/95587.html

[SentToStud]

I assume only NY residents can get a NYRA Rewards account.

So, net of rebates:

1. non-NY bettors will see higher takeout on NYRA races.
2. NY bettors will see higher takeout on wagers on out of state races.

Right? Something for everyone it seems.

[alphanumeric1]

On top of the 1% takeout hike demanded by NYC OTB, now NYC OTB has legally blocked NYRA's ability to show replays on NYRA's own website.

NY State hasn't got a clue on how to run this business.