Quote:
Originally Posted by horses4courses
Let me ask you this.
Say, in a perfect world, US horse racing lowered takeout to 5%
across the board. What effect do you think that would have?
I know what I think.
Interested to know your thoughts.
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I would never expect 5%, but if that happened, obviously I think betting would increase by a lot. You'd essentially be giving everyone about a 15% rebate overnight. Would it be enough to make up for lost revenue? Not initially, for sure. Eventually, probably.
But of course there are always problems with what ifs. Race tracks would have to start taking the bets themselves, no middle men. They'd have to have deals in place with OTBs, each other, the state, and horsemen.
