Quote:
Originally Posted by Denny
It's not important when it was invented PA.
10% is fair to both sides. Time hasn't changed that.
Greed by tracks, horsemen, and government have ruined everything.
Sports operate at 5% approx., horse racing is up to 25- 30% on some bets.
17% on WPS is about the standard now. Way too high!!! (Add breakage too).
Which is doing better? Sports or horseracing?
Start with 10% as the goal and work from there.
Only Poindexter at this site seems to get it. He's explained it quite well, in fact.
Most of you seem to be siding with the tracks, the status quo, and the game is going nowhere.
|
Sports betting basically entails setting up a room with a counter, a couple of machines, a couple of people, some TVs, maybe a big board and someone to run the ship and post some lines.
Compare that with running a racetrack and then tell me again that you're sure 10% take will work for both industries just the same.
10% is probably NOT the optimal takeout for racing, where it will benefit the game as a whole. And you have zero evidence to say that it is.
