What about our 1/3 piece of the pie?

[rrbauer]

The offers coming from the THG for rights to their product is 1/3 for you, 1/3 for them and 1/3 for us.

What about our 1/3? Who is putting up the bread in this bakery? I personally think that 1/3 is fine, but would settle for 1/4, if it came in the form of a takeout reduction or a rebate.

I think we should just tell them to go ahead and work out whatever, but we're next in line and until we get ours, they get nothing.

What do you think?

[DeanT]

There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.
Sam Walton

[CyberBet]

The offers coming from the THG for rights to their product is 1/3 for you, 1/3 for them and 1/3 for us.

What about our 1/3? Who is putting up the bread in this bakery? I personally think that 1/3 is fine, but would settle for 1/4, if it came in the form of a takeout reduction or a rebate.

I think we should just tell them to go ahead and work out whatever, but we're next in line and until we get ours, they get nothing.

What do you think?

I think that your math is off. A third? We get over 2/3 of the money wagered in the form of payoffs. The rest is for the tracks, horsemen, state and local governments to fight over. Now you want some of that also, and call the tracks greedy?

Of course I am having a bit of fun with you rrbauer but that is a fact. Those that make the wagers are getting near 75-80% of monies wagered. I just had to point out that a third or a fourth is not really what you are talking about here. You are talking another 5-6% based on your 1/4 deal. Which will be added to the 75-80% bettors already receive. Once again who is greedy?
All parties invloved want a bigger slice of an ever shrinking pie, it is just not possible. We ultimatly control all if we could be an united front but you and I both know that there were and are still people wagering tracks that have been deemed as "player unfriendly" by this and other forums.
Here is my fix which is even more unlikely to ever happen but it would work......

You want to make this game better for all involved?
GET RID OF THE GOVERNMENTS SHARE.
That would allow tracks to reduce take out to acceptable levels and still pay the horsemen more in the form of purses. Payoffs would be higher, horsemen happier and tracks more profitable, I am all for it! It is our State governments that receive the loot for doing NOTHING!!!! At least the tracks, horsemen, and bettors have a stake in the game. Let the legislators go find a different revenue stream.
Since we are wishing, praying, hoping and all.........Establish a national rules board, that sets the no drugs policy, no double entering of horses, and eliminate past post wagering by setting the ZERO minutes load rule. When minutes to post hits zero all wagering stops and only then can the field be loaded into the gate. Late scratches will only be refunded, there can be no change to a ticket once the clock strikes zero and no horse loaded prior to wagering being stopped.

[InsideThePylons-MW]

I think that your math is off. A third? We get over 2/3 of the money wagered in the form of payoffs. The rest is for the tracks, horsemen, state and local governments to fight over. Now you want some of that also, and call the tracks greedy?

Of course I am having a bit of fun with you rrbauer but that is a fact. Those that make the wagers are getting near 75-80% of monies wagered. I just had to point out that a third or a fourth is not really what you are talking about here. You are talking another 5-6% based on your 1/4 deal. Which will be added to the 75-80% bettors already receive. Once again who is greedy?
All parties invloved want a bigger slice of an ever shrinking pie, it is just not possible. We ultimatly control all if we could be an united front but you and I both know that there were and are still people wagering tracks that have been deemed as "player unfriendly" by this and other forums.
Here is my fix which is even more unlikely to ever happen but it would work......

You want to make this game better for all involved?
GET RID OF THE GOVERNMENTS SHARE.
That would allow tracks to reduce take out to acceptable levels and still pay the horsemen more in the form of purses. Payoffs would be higher, horsemen happier and tracks more profitable, I am all for it! It is our State governments that receive the loot for doing NOTHING!!!! At least the tracks, horsemen, and bettors have a stake in the game. Let the legislators go find a different revenue stream.
Since we are wishing, praying, hoping and all.........Establish a national rules board, that sets the no drugs policy, no double entering of horses, and eliminate past post wagering by setting the ZERO minutes load rule. When minutes to post hits zero all wagering stops and only then can the field be loaded into the gate. Late scratches will only be refunded, there can be no change to a ticket once the clock strikes zero and no horse loaded prior to wagering being stopped.

Level?

[CyberBet]

Level?

Not sure what you mean........sorry, it took my last brain cell to write my wish list from above.

[banacek]

The offers coming from the THG for rights to their product is 1/3 for you, 1/3 for them and 1/3 for us.

The same could be said for casino revenues. At my closest track (Hastings), they just started up the slots and gave a nice boost (20%?) to the purses (great!). But last spring they increased our WPS takeout from 15.8% to 17.0% , so it be nice if they dropped the takout back...but I'm not holding my breath-hey maybe they'll surprise me. Right now it would be nice if they could get Saturday's Hastings entries up, let alone be able the racing form, so I could have time to handicap.

[46zilzal]

The same could be said for casino revenues. At my closest track (Hastings), they just started up the slots and gave a nice boost (20%?) to the purses (great!). But last spring they increased our WPS takeout from 15.8% to 17.0% , so it be nice if they dropped the takout back...but I'm not holding my breath-hey maybe they'll surprise me. Right now it would be nice if they could get Saturday's Hastings entries up, let alone be able the racing form, so I could have time to handicap.
Then there is that HUGE casino near the freeway that will open this Summer with restaurants and lounges. Do you think the small increase will off set that big one or the new Starlight casino out near the Queensborough bridge? I doubt it and they know it too. The big revenue influx at the harness races didn't increase their purses much

They didn't finish entries when I was in the racing office at 8:00 AM as they were having a hard time filling the card so it will be up later than usual.

[banacek]

Then there is that HUGE casino near the freeway that will open this Summer with restaurants and lounges. Do you think the small increase will off set that big one or the new Starlight casino out near the Queensborough bridge? I doubt it and they know it too. The big revenue influx at the harness races didn't increase their purses much

They didn't finish entries when I was in the racing office at 8:00 AM as they were having a hard time filling the card so it will be up later than usual.

Small increase? So where did the 20% increase in purses come from?

And the entries were due on Wed. morning at 8 a.m...they didnt have the cards filled this morning yet? Do we have a good number of horses on the grounds?

[46zilzal]

Samll increase? So where did the 20% increase in purses come from?
They have a revenue sharing plan with Fraser Downs as well as Great Canadian casinos dropping 40 million for long term physical plant upgrades.

[banacek]

They have a revenue sharing plan with Fraser Downs.

So they get an increase in revenue and increase the purses and they increase the take? I don't get it.

[46zilzal]

So they get an increase in revenue and increase the purses and they increase the take? I don't get it.
Remember these are NOT horsemen at the helm but cold stone profit taking businessmen. The new general manager did graduate from the U. of Arizona race track management school but it was in "front office" studies not the "down and dirty" side.

With that strong competition the increases in revenue won't last long.

[Pace Cap'n]

Level?

Not sure what you mean........sorry, it took my last brain cell to write my wish list from above.

On the internets, a "level" is a "put-on", as in "Are you putting me on?".

[Cangamble]

Remember these are NOT horsemen at the helm but cold stone profit taking businessmen. The new general manager did graduate from the U. of Arizona race track management school but it was in "front office" studies not the "down and dirty" side.

With that strong competition the increases in revenue won't last long.
These new school moron execs think that if they double the track takeout, they will make double the money. Hey wait, that is what old school horsemen think too.

No wonder betting on horses is on a drastic slope downwards.

[banacek]

With that strong competition the increases in revenue won't last long.

Then they should try being competitive.

[46zilzal]

Then they should try being competitive.
You must not have seen the other two venues they are up against.

[rrbauer]

I think that your math is off. A third? We get over 2/3 of the money wagered in the form of payoffs. The rest is for the tracks, horsemen, state and local governments to fight over. Now you want some of that also, and call the tracks greedy?

Of course I am having a bit of fun with you rrbauer but that is a fact. Those that make the wagers are getting near 75-80% of monies wagered. I just had to point out that a third or a fourth is not really what you are talking about here. You are talking another 5-6% based on your 1/4 deal. Which will be added to the 75-80% bettors already receive. Once again who is greedy?
All parties invloved want a bigger slice of an ever shrinking pie, it is just not possible. We ultimatly control all if we could be an united front but you and I both know that there were and are still people wagering tracks that have been deemed as "player unfriendly" by this and other forums.
Here is my fix which is even more unlikely to ever happen but it would work......

You want to make this game better for all involved?
GET RID OF THE GOVERNMENTS SHARE.
That would allow tracks to reduce take out to acceptable levels and still pay the horsemen more in the form of purses. Payoffs would be higher, horsemen happier and tracks more profitable, I am all for it! It is our State governments that receive the loot for doing NOTHING!!!! At least the tracks, horsemen, and bettors have a stake in the game. Let the legislators go find a different revenue stream.
Since we are wishing, praying, hoping and all.........Establish a national rules board, that sets the no drugs policy, no double entering of horses, and eliminate past post wagering by setting the ZERO minutes load rule. When minutes to post hits zero all wagering stops and only then can the field be loaded into the gate. Late scratches will only be refunded, there can be no change to a ticket once the clock strikes zero and no horse loaded prior to wagering being stopped.

I want 1/3 of the current takeout to come back to the players but will settle for 1/4 (nice guy that I am!). And, I'm not wishing (wish in one hand and crap in the other and see.....) or praying (nobody listens to horseplayers) either; but, more importantly: I'M NOT PLAYING! We are not going to get any changes made in this industry until we get their attention. Bitching, moaning, being nice, etc. won't accomplish that. Withholding our money will!

[rrbauer]

So they get an increase in revenue and increase the purses and they increase the take? I don't get it.

You better "get it". You're the one paying it!

[takeout]

I think we should just tell them to go ahead and work out whatever, but we're next in line and until we get ours, they get nothing.

What do you think?
Agree totally.

[CyberBet]

Bitching, moaning, being nice, etc. won't accomplish that. Withholding our money will!

Well said. Hit them where it hurts. But while hitting them we should try to help them understand what it is going to take to bring us back if we do quit. I believe that is part of them problem. They (track execs) think that a gambler is going to gamble so why do they need to cater to them, they will always be there. And you know they are not entirely wrong.

[Kelso]

The same could be said for casino revenues. At my closest track (Hastings), they just started up the slots and gave a nice boost (20%?) to the purses (great!). But last spring they increased our WPS takeout from 15.8% to 17.0%


Yet another sorry-assed example of horsemen first, formost and always. (OH, and let's never forget ONLY.)

[Kelso]

We are not going to get any changes made in this industry until we get their attention. Bitching, moaning, being nice, etc. won't accomplish that. Withholding our money will!


Another bullseye for Rich. Players need to pick a target and commence the boycott ... and let there be no sacred cows among tracks or races.

[trigger]

http://www.chicagotribune.com/sports/cs-26-hawthorneapr26,0,6348994.story

[asH]

Sad part of all this is that the cable channels TVG,HRTV won't report any of this because of their personal bias...the industry as a whole needs to change.