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Old 09-07-2020, 08:52 PM   #21
dilanesp
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Join Date: Aug 2012
Posts: 7,842
Quote:
Originally Posted by NTamm1215 View Post
You are ballsy maintaining this completely inaccurate stance. You REALLY think they were handling $700 million over the last 40 racing days at Belmont. There is no chance whatsoever.
You are being grossly misleading. So they handle $500 million instead (I don't buy that, because bettors bet the race, not brand names, but let's say you are right). What is NYRA's PROFIT MARGIN on that 200 million? Not takeout. Profit margin. 2 percent? 1 percent? Negative? (Could be, given the cost of all the virus protocols.)

Now how much did it cost all those horsemen to move up? Yes, NYRA didn't pay that cost, but its constituents did.

No fricking way did this turn out to be cost justified. In the actual bowels of NYRA management, I am sure they know this. They were hoping they could browbeat Cuomo to let them sell tickets.
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