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I 100% agree with everything you said... But my theory is this... In present tense when i get off work from coal mines on a Friday Night I'll ride up to Ellis Park and bet on simulcasting and have a few beers. Their is two people in my age group that go with me every Friday night...
Now let's say Sports Betting was allowed... Instead of bringing two people I could bring 10 people. In between a game they see a Race with a $100,000 guaranteed Jackpot. These same sports bettors are going to play that race because they see value..... Also these same people are not going to play an exotic in this case an exacta and spend $4 to get $7 on that exacta. Its a losing proposition. Young bettors are smarter then you think they are.
Need to work on decreasing takeouts.... 25% on average on exotics is highway robbery...
Like we have the doors wide open to improve this sport, but instead of talking we need to do something.
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