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There is ABSOLUTELY NO proof that increasing the price improves the product. Not in horse racing, prostitution or for anything in between. On the contrary, where horse racing is involved if it were the case, then over the past 20 years the finest product imaginable should have evolved and be on display today for horseplayers. Clearly that hasn't happened; indeed, just the opposite is happening.
If horse owners/trainers are so destitute I suggest they either try something else and get out of the business; or, they get in line with the other welfare recipients.
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Richard Bauer
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