Quote:
Originally Posted by Poindexter
First off if racing corrected it's pricing issue, much lower takeout and no rebates the pricing would be a lot less volatile then it is now. Pools would be much larger and whales would not be able to pound horses down nearly as much and make a profit.
The obvious answer is exchange betting. While I personally would be for exchange betting, I just think racing gives it to Betfair, Betfair makes the money and racing becomes a partner in it's owns game. I just do not see the logic of that.
Regarding age, no matter who you market to, proper pricing gives you a much better chance of attaining and retaining both young and old.
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You are making a lot of assumptions. Pools would be much larger? Doubtful. Less volatile? Doubtful. If pools were much larger it would mean that many new sharp gamblers have entered the game and sharp gamblers would be betting right near the bell. Do you think that ADWs will be lining up to take a substantially lower commission on bets without the ability to pay rebates?
