Quote:
Originally Posted by HalvOnHorseracing
I think the key there is "the majority of fans." Of course the majority of people would also be happy if a Big Mac cost a dollar and soda machines were a quarter. It is possible to actually calculate pricing that would maximize handle (which would maximize profit) and that is where the minimums should be set. Asking your average low-handle bettor where to set minimums wouldn't necessarily be in the best interests of those bettors or racing.
I remember once at Saratoga two older guys are talking and one of the guys says he bet a 10-cent superfecta. He shows his friend his ticket and sure enough he had one 10-cent superfecta. Now if you ask that guy he'd be very supportive of the 10-cent superfecta, especially considering he could bet every race that day for less than he paid to get into the track.
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The dime super does not work well on BIG DAYS...too many casual fans do not know how to bet and use the machines...it is a nightmare waiting for the nice persons to carefully decide what to bet at the window, then hesitantly punch in 1 dollar's worth of dime supers one by one...it just doesn't work when there are lots of fans present...
