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Originally Posted by AndyC
I didn't realize that gambling revenue was part of the business model for soccer, baseball, and football. Considering that gambling revenue is what racing is all about paying for the show is paramount.
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Why racing has to rely on take out in order to make a profit?
What really makes it so different from other sporting events that can survive on their own?
How other countries manage to have bookmakers and betting exchanges in top of on track betting?
