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Originally Posted by fmolf
well said....Ibelieve that if takeouts were lowered ,purses would be lowered as a result.This would cause some of the lesser horseman looking for a handout to leave the game.then with less horses around in training,lesser tracks would have defined seasons out of necessity.Some tracks would close others shorten their cards.people would come back albeit slowly as the product gets better and the price remains low.The problem is greed and until handle trickles to its lowest levels ever this will never happen.when their is a surplus of product and a low demand normal business practice tells you to lower price ,unload inventory and then retool redesign and reinvent oneself to make your product more marketable to the general public.racetrack management in conjunction with local governments have failed miserably in this regard.
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If takeouts were lowered, purses would increase.
