Quote:
Originally Posted by PaceAdvantage
What don't I know?
That takeout used to be lower in racing?
No shit.
How about actually addressing what is being discussed?
SO WHAT that it used to be 10% or 14% or whatever lower number than it is today.
Just because it used to be 10% doesn't mean we can magically go back to 10% and everything will be peachy.
Jeez man...how do you even arrive at that conclusion?
Oh, I know...because SPORTS BETTING can work at that number
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As I said, takeout on sports betting is much lower than 10%. It is sub 5%.
Also, there is some risk to the bet taker in sports. There is no risk in horse racing.