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Old 12-31-2017, 05:02 PM   #102
thespaah
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Join Date: Aug 2007
Posts: 7,510
Quote:
Originally Posted by dilanesp View Post
That doesn't surprise me. There are plenty of "regular horseplayers" who bet a decent amount but are not whales. Some post on this board.

If it was all whales, online bet shops like tvg and xpressbet wouldn't be successful, because whales go to rebate shops.
"If it was all whales, online bet shops like tvg and xpressbet wouldn't be successful, because whales go to rebate shops."
That is precisely my point..
Now let us suppose for a moment that all of the host tracks decided to add a fee that would make the rebates a wash. Did not NYRA do this? Add some kind of fee that made the rebates a lot less lucrative?
Just what would happen to handle? The whales and other larger volume bettors would eventually find other wagering opportunities. Handle would do what?
Increase? Decrease? Stay flat?
I believe overall handle would decrease at an alarmingly high percentage.
If the opposite were true, then why would the ADW's offer rebates in the first place? If the whales are not driving the bulk of the handle, why offer them a perk?
Notwithstanding the learned OP's input, no matter what he claims oto know, Unless someone can prove it, I think he's wrong.
Look, as a business owner, why would I offer a perk to anyone that contributes no more or no less to my bottom line?
I wouldn't.
Lets just say I sell turf irrigation equipment.
I have one large customer. That business is say a golf course. They are 25% of my revenue. The other 75% are small regular customers.
One day the golf course general manager shows up in my office. He asks me for a 5% discount off everything he buys.
Now, Do I say "no", negotiate the asking price downward, or do I cave and give him what he wants?
In my world, I tell him, let me sit on it.
After looking at the marketplace, I am one of two irrigation supply houses in the area. Otherwise, he must buy on line. The other company, 50 miles away, isn't going to drop his prices to anyone.
Can I do without the golf course? It would be tough, but i could have my accountant take care of it and I can market my company. Would the GM of that golf club take his business elsewhere? Maybe. Not probable..
I tell him there will be no discount on your first dollar. Spend X dollars and I will consider doing something.

Last edited by thespaah; 12-31-2017 at 05:03 PM.
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