http://sports.espn.go.com/sports/hor...ill&id=5551276
I think he is wrong this time in his prediction that California handle will not drop for two major reasons he didn't mention:
1) Price sensitive and value players make up a much bigger percentage of pools these days, and there simply will be less value playing exotics. Not only because average prices will be lower, but most likely distribution fees will increase and it will affect the net takeout rebate player's decision to play the California tracks.
2) There is a lot more awareness amongst horseplayers regarding takeout is as high as ever. There will be many who really stop playing California.
He is correct that the simulcast player will likely just wind up playing less, hurting all tracks, not only California.
