Quote:
Originally Posted by Andy Asaro
Optimal price points are crucial to getting the most LONG TERM revenue for Tracks and purses.
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Yes...but how do we define the term "optimal price" as it applies to the topic of parimutuel takeout? Is the "optimal takeout" the takeout percentage that would lead to the highest betting handle...or is it the takeout percentage which would lead to the highest overall profit for the track? Because these two are not necessarily the same thing.
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Last edited by thaskalos; 12-19-2021 at 08:44 PM.
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