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Originally Posted by castaway01
So someone finally CUTS TAKEOUT by a substantial amount and you're whining and moaning? Unbelievable. So they only did it on track to start---if it works there, don't you think they might say, "Gee, we cut takeout on track and people here bet a lot more on exactas...maybe the same thing would happen if we cut the takeout for everyone?" Someone is actually TRYING for once and showing they have a clue, and it SHOULD be applauded and supported. That's how we get more tracks to do it.
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Delaware Park did not “cut takeout” for everyone, it only “cut the takeout” for the on-track wagers. While this is good for those on-track, it actually puts people off-track playing exactas at a disadvantage. And since the majority of the money bet on Delaware Park comes from off-track, more horseplayers are hurt by bonus then are helped by it. And it is inequity in takeout rates (or effective takeout rates) that hurts horse racing in the end, so I am not so sure Delaware Park really has a “clue”.
I believe that was the point Foolish Pleasure was making.
