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Old 05-25-2017, 12:36 AM   #72
HalvOnHorseracing
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Join Date: Apr 2015
Location: Denver
Posts: 4,163
Quote:
Originally Posted by Track Phantom View Post
This is not true. Do you think horse racing would be prospering with a 10% takeout across the board? No way. This is idiocy.

I'm not saying takeout isn't important to those in the know and needs to be kept in check but it has ZERO to do with the popularity of the sport. You need to ask some people not involved in the game why they don't follow it, bet it, frequent a track, and so on. If you get one person to answer "takeout" I'd fall out of my chair.

Hard core players have got to stop looking at this game through their own ethnocentric viewpoint. Is takeout an issue in the game? Absolutely! Does it have a correlation to the lack of interest in the game by infrequent participants? Not even one iota.

Frickin' casinos as full at all hours of the day. You do realize that 99% of the people in their KNOW they are most likely going to lose. Why are they there? Is pulling slot a good gambling venture? Hell no.

Think about it for a minute or two.

I gave you the reasons.
Slot revenues are decreasing rapidly for the reason I stated. The newer generation of bettors realizes they are a rip. And the number of older people is continually decreasing.

Speaking of idiocy, the hard core players represent the lion's share of the handle. Their view is critical because they are the ones primarily supporting the game. It would be like asking the 49% who pay the smallest share of taxes to make the decisions instead of the 20% who pay the vast majority of the taxes. To argue we need more infrequent participants misses the point that they'd be more frequent if they had a fair chance of winning, and that is where the take hurts.

I care about how to increase participation from the new generation of gamblers, and the way you do it is by making the game fair. Evidence shows that controlling their destiny and having a fair return for investment is on top of their list. As for your argument that none of the small, infrequent people care about the take, what they would care about is making some money at the track, and they would do so if the game was fairer. Without knowing the word take, they'd see the difference.

By the way, if you are playing a game and you don't know the parameters, that to me would be the definition of idiocy. I have no sympathy for your infrequent participants who take no time to learn the game.

One last thing. I'll continue to argue take is on the top of the list, regardless of what the uninformed might think. But I've also written about how to capture the millennials and how to improve the racetrack experience for the hard core and the newbies. There isn't one answer. Never was. But it's perhaps the most important part of the answer. Sorry if I didn't think your reasons quite hit the bullseye.
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