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Old 08-21-2010, 03:33 PM   #55
rrbauer
Both-hands Bettor
 
Join Date: Mar 2002
Location: NASCAR Country
Posts: 4,390
Quote:
Originally Posted by andymays
The leadership in California tried to sneak this bill through in order to raise the takeout. Unfortunately for them it is all screwed up now.

The best part is that now they are asking for Horseplayers help to defeat a part of their own bill.

This really takes the cake.
I wouldn't be too smug in your assessment of the racetrack's posture on this. They are very carefully diverting attention from the provision in this bill to raise takeout. When the bill passes and horseplayers start their moaning and bitching, the industry "leadership" can simply say that they were against this bill all along, but now that the takeout increase has been mandated by the legislature they will have to go along with the state leadership and implement the raise. I know that most of us think that these guys are dummies but they are also very adept at getting their way in the political arena...something that they do much more frequently than we brilliant horseplayers. And, so long as the TOC, etc. have approval rights over the betting mechanism; betting exchanges, if and when approved, will be a long way from being implemented.
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