You the handicapper's reply to: All Horseplayers Die Broke

[fishorsechess]

I have never heard how a horseplayer would respond
to that well known saying.

[Dan Montilion]

Two Words.

Dan Montilion

[headhawg]

Who doesn't?

[andicap]

Great Damon Runyon story --

[ratpack]

That is the dumbest thing I ever heard.

Excuse me I have to file Bankruptcy before the new bankruptcy laws go into effect.

[so.cal.fan]

:D
No horseplayer I know has ever died broke, nor do I know any who likely will.
My opinion of horseplayers (serious ones) is that they are some of the smartest people around.

[McSchell_Racing]

A serious bettor is never happy with what he has just won, You see guys kicking themselves for not betting more, You always her them say,I shoulda boxed her with!!,Was going to bet!!..Myself Im am tickeled pink just to watch my horse cross the wire first...It doesnt matter what he pays!! A bettor bets his race..A gambler bets them all

[JackS]

It seems to me that the most problems gamblers (non-compulsive) have is with non-gamblers. No one could ever convince them that anyone could actually profit, lose a little or come very close to breaking even.
We should really consider ourselves "lucky" becuase we do have a very reasonable outlook to the years ahead of playing this great game and surviving without going into bankruptcy.

[DJofSD]

If that's what you believe then don't be surprised when it comes true.

Or as T. E. Lawrence said: "Nothing is written."

DJofSD

[Fastracehorse@DRF]

How about,

A good investor is a patient investor or................

A good horse player is a patient horse player.

fffastt

[The Judge]

I remember a casino in Las Vegas called "The Sport of Kings." It said basically that all horse players were losers and that they would book our bets. Not only would they book our bets but they would give us the odds on the horse when it's bet. So if you bet a horse at 7-1 and it went to 3-1 you got 7-1. They went broke in a hurry, I'm not sure but I don't think they lasted less then a year. I know by the time I got to Vegas they were out of buisness. I had a cab driver drive me there and they were locked up. I heard they were under captialized I also heard they were taking heavy hits from their "dumb" horse playing customers. I love this story. If we are so bad why is it that all the casino's are pari-mutual? I only know of one casino that will book a bet from a horse player and that is Circus Circus and they will not play full odds on exotic bets. These are people that know all the angles and love money well why not take ours, "book the bets". I haven't been to Circus Circus is a while maybe they aren't booking either.

[Buckeye]

Most people die broke, and in fact, live their lives that way!

Every hear of "living paycheck to paycheck?"

Playing the horses won't necessarily make or break you.

[Tom]

If you don't die broke, you didn't live enough.:cool:

[so.cal.fan]

The Judge,
That is a true story. I remember the place. Started by a couple of wise guys Barry and Mike Levine......I think you're right about them being underfunded.
To Mike and Barry's credit, they were the guys who started the handicapping tournaments back in the early 80's. They had some good ideas...but offering overlay odds to horseplayers wasn't one of them.....is there a lesson here?
We need to get overlay odds to win? Yep.

[DJofSD]

I remember a casino in Las Vegas called "The Sport of Kings."

I recall that Sartin had a seminar there one time. We got treated very nicely (perhaps they thought we were a bunch of suckers.)

I remember the pre-race seminar on Sunday morning, Tom Brohamer asserted very strongly his top pick for a race (HOL?) would win and if not, he'd eat his hat. I'm still waiting. (Don't think I'm putting myself above Tom -- I'm not. I just telling a story.)

DJofSD

[cadillac pete]

I think this statement in a literary sense is true b/c it is not characterizing the now"educated ", money conscious horse player, with tons of information at his fingertips, but rather the "old school" regular at the the local track or otb who is there moring to night 7 days a week. And the statement necessarily does not pertain to money either. These players are the ones hoping to hit a $2 bet just so that it will give some more $ just to bet the next race. Hoping to hit "a big one", and if so eventually give it all back and then some. They have one love and that is the action. You know these people, you've seen them everytime you walk in to your betting establishment. Same faces just different days. In the end, they'll most likely have little to show for their endevors and more then liklely die alone. Thus, they'll "die broke". Therefore, this statement will be true for a lot of horse players, b/c they are the majority. Just my take on the quote.