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He of all people should realize that rebates or lowering takeout isn't about appeasing price sensitive and big players, but giving all players an opportunity to last longer, spend more time betting on horses, and opening the door to the chance that some can win which will create a whole new market of wannabes (this has been the key to Betfair's success).
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Need new losers betting, not the same losers milking their stacks.
and anything short of a dramatic cut in takeout like I have posted 1000times now,
offer zero takeout betting for all bets made at >10mins to post,
will not accomplish this goal-
everything else is just moving the shells around.
and the fantastical garbage repeatedly being posting about Betfair is enough already.
HAs Betfair taken out or put in more to every sport they offer betting on?
Betfair matches $1,000,000 they earn $5000, they pay the track $500.
Those are the real numbers.
or they make ten times what they pay towards purses.
Do any US tracks make ten times what they pay towards purses?
Tote handle up everywhere? Really, it not up in the US, it not up in France, it not up in Australia, mnot up in South Africa,
in fact it is not up anywhere except maybe in the UK and there it had nowhere to go but up.
unless one uses the same specious methods and means like the people trying to say handle is up everywhere that installed synthetic track.
