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Re: Surely there is some overhead involved.
Excellent question!
The simple response is that the NTRA does not tell us anything about their "hold". The next and more important question is, Why? You can be certain that they would trumpet the numbers if the "overhead cost" was at least reasonably close to the "hold".
In the beginning of the NTRA the NHC Handicapping Championship was created to provide a year-end "eclipse award" worthy event, grow the player base, enhance the horseplayer experience and benefit the NTRA member tracks through increased attendance and handle. All contest entry fees were earmarked for the benefit of the Championship. All related overhead was absorbed by the Member Tracks and Association dues.
As the NHC Final grows there is absolutely increased overhead. Tour membership fees cover some of these additional costs. How much is the question....and the answer from is the same......silence!
It's also important to note that the exponential growth of Online Contests will continue to erode any NTRA benefit to the Brick & Mortar's, who just happen to be paying significant dues to the NTRA. Is it possible that this (conflict of interest) may be the reason the NTRA doesn't want the light of transparency to shine too brightly?
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