Quote:
Originally Posted by Poindexter
rebated whales and sharps in the horse racing industry are driving up the takeout far higher than 20% on the non rebated/recreational bettor. 2nd the sports bettor playing game by game is playing roughly 50 % wagers. One week he is 10-10, the next he is 8-12, the next he is 11-9, the next 11-9. 4 weeks, 40-40, at $20 a pop he has lost a whoping $80 on $1760 bet. The horse better is playing 6-1's, 10-1, exactas, trifectas, superfectas, super high 5's, pick 4's, pick 5'... Even at $20 bucks a race or play(for the mult race wagers), he can easily lose $1000 or $1200 if not more on his $1600 bet. Eventually over time he will reach his mean -15% to -40% whatever the case may be, but new blood is often going to be chased out of the game long before he figures out what his mean is.
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... yet again, it is
ALL OF YOU who are
still the problem in this equation (for reasons each connected to that bottom line.)
The idea that track management should think or allow that you might
solve yourselves on behalf of the customerbase which
matters in this scenario, is insane!
Those other wagering alternatives aren’t even
connected to the wagering done on their outcomes, so they cannot be compared to an industry which exists entirely because of the wagering done on it.
The industry doing anything at all for the tiny sliver of its customerbase which is the collective “you” before addressing the masses you’ve been burying over time, would be stupid.
Once racing starts playing to its strengths and not to its weaknesses (namely “you”, collectively) then it will once again compete on the square with and other venture.
“YOU” remain
the problem and as such, you
can not BE any part of the solution.
