I don't understand why a purse should ever be so large the betting handle from it doesn't come close to covering the purse. Granted, if it's a marquee race and draws extra attendance, merchandise sales, and betting on other races like the Pegasus, that has to be part of the equation also.
But basically, if a certain race or race type doesn't generate as much as the track is giving out in purse money, someone is losing money on it.
So why do it?
Why should some races subsidize others?
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Last edited by classhandicapper; 04-17-2018 at 03:28 PM.
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