Quote:
Originally Posted by thaskalos
IMO...the majority of the regular horseplayers have gotten destroyed in this game, to the point where they've cut down drastically on their participation...if they haven't stopped playing altogether. Our tracks and OTBs are virtual ghost-towns...and that ain't because the folks are betting from home. If the majority of the horseplayers were only losing the takeout...then there would still be some signs of life at our brick-and-mortar betting outlets. It takes considerable competence in order to lose just the takeout in this game...IMO.
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I think the OTBs are dying because the older fans are slowly dying off and we probably aren't generating enough new young fans to replace them.
But beyond that I think most fans are losing around take plus breakage plus maybe a point or two.
If they happen to be betting into the exotic pools where the takes are much higher and the chances of going on extended losing streaks are much higher, then some individuals may be getting buried.
I mean, if you are bucking a 24% takeout or higher playing longshots you'll probably go broke and quit long before you hit the lottery payoff.
