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Thread: Roulette
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Old 02-21-2019, 11:19 AM   #64
Jeff P
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Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,291
Quote:
Originally Posted by v j stauffer View Post
I don't understand why anybody cares about Roulette?

If a total novice thinks it's interesting that's cool.

The existence of the wager is meaningless to the rest of us.

Isn't it?
The pages here at Paceadvantage contain hundreds (if not thousands) of suggestions from players to track management and horsemen that would make the wagering expericence more attractive to new fans making their first few track visits.

And yet --

Horse Racing Roulette at 15.43 percent takeout plus breakage at Santa Anita and 17 percent takeout plus breakage at Gulfstream is what The Stronach Group came up with for 2019.

In my opinion --

This demonstrates once again how out of touch upper track management and horsemen are when it comes to actual customer needs and wants.

It's insulting (to me) because (Imo) this game is being sorely mismanaged by track management and horsemen who THINK they know about horse race betting --

When it's obvious to a LOT of horseplayers that nothing could be further from the truth.

It's frustrating (to me) because (Imo) acting on actual customer needs and wants could make this game SO much better track revenue-wise and purse money-wise than it currently is.

Think $30B to $50B handle a year vs. (what?) $10.6B a year.


But instead, we are currently being spoon fed Horse Racing Roulette --

I use the word spoon fed here because while the graphic below was being shown on the track video stream Gulfstream's track announcer was telling us that the Roulette payoff at $3.00 was (and I quote) "not bad."

Maybe it was "not bad" because $3.00 was also what the win mutuel paid.

BUT --

More than $960,000 was bet on yesterday's Gulfstream Race 8.

Of that only $88 was bet on Horse Racing Roulette.

Vic, at first I shared your opinion that "The existence of the wager is meaningless to the rest of us."

But the more I think about it the more I'm convinced the game is being sorely mismanaged by those who THINK they know what they are doing --

After a certain point I find THAT to be both frustrating and insulting.

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Last edited by Jeff P; 02-21-2019 at 11:24 AM.
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