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Originally Posted by PaceAdvantage
Tracks HAVE lowered takeout before. And instituted new lower takeout wagers (Pick 5 in SoCal comes to mind) over the years.
Is there not enough evidence at this point that a properly promoted, lower takeout wager is going to attract significantly more handle?
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Pick 5 is just one wager and a low probability wager at that(very hard to churn money on a bet that is so hard to hit). With Canterbury they are reducing takeout in all the pools(18 % to 15% in WPS and 23% to 18% in the other pools). This is quite significant. This is the the type of experiment that every horseplayer should want to see and should want to support. Is it enough? Of course not, but if we do not support a track going to first base, how are we going to get to 2nd base, 3rd base and eventually home.
When a Track raises takeout 2% there are cries for boycotting, so now that one is lowering it 3 to 5 % there should be equally as loud cries for support.
