Quote:
Originally Posted by Afleet
If you could make the same money betting horses (no rebates) as you do at a regular job-would you do it?
I think the answer would be yes for many people. The take needs to be at a level that it takes to create professional horseplayers who bet 5-7 days a week. Hold em created professional card players, why can't horse racing do the same? I would think the take would need to be in the 10% range-that will never happen.
What is the takeout on slot machines- 6-7%?
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If the tracks can't get the customer to the track I should think they would go to the customer. Amazon has done this, Wal Mart and others have seen substantial growth in on line purchases. I'm not a marketing guy and don't know all the nuances of the racing business, but I would think there is a way of doing whats already being done by other established businesses.
I think highnote is on to something with this.