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-   -   Sports Betting Poll. How can it help racing? Brick and Mortar only for 2 years? (http://www.paceadvantage.com/forum/showthread.php?t=144863)

Andy Asaro 05-22-2018 08:03 AM


Andy Asaro 05-22-2018 12:27 PM


Valuist 05-22-2018 12:33 PM

Screw the NFL. If the hold is 5%, and the leagues want 1% of the betting revenue, they want 20% of the sportsbook's hold. That won't work. That would get passed on to the public and we'd see something 120 to win 100, or 115 to win 100.

The NFL had better realize that gambling on the game does more to market the game than ALL the other factors combined.

dilanesp 05-22-2018 04:51 PM

Quote:

Originally Posted by Valuist (Post 2320319)
Screw the NFL. If the hold is 5%, and the leagues want 1% of the betting revenue, they want 20% of the sportsbook's hold. That won't work. That would get passed on to the public and we'd see something 120 to win 100, or 115 to win 100.

The NFL had better realize that gambling on the game does more to market the game than ALL the other factors combined.

This sort of thing is already happening in Las Vegas sports books. The 11-10 standard is being eroded in the same way 3-2 blackjack got eroded. Lots of bettors don't care.

Valuist 05-23-2018 12:58 PM

Quote:

Originally Posted by dilanesp (Post 2320430)
This sort of thing is already happening in Las Vegas sports books. The 11-10 standard is being eroded in the same way 3-2 blackjack got eroded. Lots of bettors don't care.

I was just there in March. The only sports betting that wasn't 11-10 was -115 at one book for MLB season win totals. The big players, William Hill, Caesers and the MGM properties, its still 11-10.

AndyC 05-23-2018 01:21 PM

Quote:

Originally Posted by dilanesp (Post 2320430)
This sort of thing is already happening in Las Vegas sports books. The 11-10 standard is being eroded in the same way 3-2 blackjack got eroded. Lots of bettors don't care.

The segment of the betting public that doesn't care about the vig in sports betting is minuscule. In racing you can't see the vig while in sports betting you pay up front. It's right in your face. Competition will prevent the 11-10 standard from going anywhere but down in the future.

GMB@BP 05-23-2018 01:28 PM

Quote:

Originally Posted by AndyC (Post 2320714)
The segment of the betting public that doesn't care about the vig in sports betting is minuscule. In racing you can't see the vig while in sports betting you pay up front. It's right in your face. Competition will prevent the 11-10 standard from going anywhere but down in the future.

no, it will go up and then they can offer rebates to those that wager a lot, its a popular model.

upthecreek 05-23-2018 01:39 PM

From Betfair
 

AndyC 05-23-2018 03:55 PM

Quote:

Originally Posted by GMB@BP (Post 2320717)
no, it will go up and then they can offer rebates to those that wager a lot, its a popular model.

Touché

Denny 05-31-2018 08:21 PM

What about another option on the poll.

It will help horseracing no matter what the timetable.

That would be my vote.


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