Quote:
Originally Posted by castaway01
Except they're not, are they? Handle in 2019 was $11 billion; in 2003 (the peak) it was $15.1 billion. Considering how much less that money is worth than it was 20 years ago, gamblers have clearly rejected the current form of horse racing. Now, I don't personally believe that's because of Lasix or illegal drugs (there were rumors of cheating and fixed races from the first time two things raced each other) but because there are much better financial options. But to me, the message is pretty clear.
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I agree with your analysis. I would also say that there is no pent up demand to bet US racing if only it was run cleanly.
