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When he was going through his ‘we want’ rant, there should have been a 'we want to throw another useless acronym into the alphabet soup that is American horse racing’
2:1 is going to pay 2:1 regardless if takeout is 0% vs 99%. I’m sorry that you make bad bets and can’t beat the mutuel pools.
I’m still waiting for an acknowledgment from one of these organizations that the purpose of takeout is to maximize the amount taken from a pool without seeing diminishing returns. Reducing takeout isn’t going to change the price of a horse going off at 2:1, it’s going to have the effect of negatively impacting racing’s invested customers
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