Quote:
Originally Posted by Poindexter
You honestly think this sport will not die if they don't correct the pricing? You think anyone in their right mind is going to join a group of non rebated bettors that lose about 27% on the dollar in most exotics and come to the conclusion they have a future betting this game. Racings biggest days are 5 days a year. That is your source of hope? People will always show up to big events. That is not going to carry the industry as they continue feeding the whales at the expense of the recreational bettor.
This game has two major appeals. The perception that you can beat it or the perception that you will one day have a score. Unfortunately the first perception is basically gone in most. They just lose too much, too consistently and they eventually realize that their perception is delusion. The only perception that keeps many of the remaining playing is the perception that they will have a score. But even reality set in on them eventually. If they have the courage to track their losses at their adw, they may realize that they are so far behind the big score may not even put them in the profitable zone, unless it is a life changing score. They may or may not stay in the game. So eventually you are left with those that have disposable income (if you are worth 10 million and retired, losing $100,000 a year on horses isn't going to kill you), or those that bet very small because they enjoy the game (which is why you see tracks with an on track handle of about $50 a head) or those that are just plain degenerate or of course those that can hold their own despite the enormous takeout. Not exactly a way to build a thriving business imo.
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I do.
Horse Racing is part of the fabric of our society.
You do think people weren't saying the same thing 50 years ago?
Oaklawn was days away from closing the doors until the advent is simulcasting.
Later it was saved by Instant Racing.
Now it's couldn't survive without the casino.
There's always going to be something. Perhaps the race tracks will make less $$$ but the sport dying is NOT going to happen. Too large of a core that loves racing. And don't say their fan base is going to die off. People have been saying that for three generations.
Hollywood Park closing didn't kill So Cal. Bay Meadows closing didn't kill SF. Arlington?? Well that's another story and it remains to be seen.
And I can GARE ON TEE you the CAW's aren't going anywhere. They bring an insane amount of handle.
As I said before I think the answer is contraction. Will I feel bad for the smaller venues that won't survive? Yes 100%.
But more money would be bet Nationwide by far if there were only 5 signals in the winter and maybe twice that in the summer. MTH would be one. Field size would go up. Quality of the signals would go up. And people would adapt.
In the winter there could be three eastern signals. NYRA, Gulfstream & KY. Sorry Jason. OAKLAWN can handle central time and we can wrap up the day with So.Cal.
Part of what's damaging racing is their inability to cull the weak links from the crop!
