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Old 03-31-2011, 10:56 PM   #1
andtheyreoff
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DRF- California to lower takeout

http://www.drf.com/news/california-t...-takeout-rates

Excerpt:

In a move bound to stun anyone following California racing, the CHRB, which garnered controversy last year for raising takeout on bets, a move that sparked a nationwide horseplayer boycott, has announced a drastic drop in takeout rates for the rest of the year.

In a secret press conference this afternoon that DRF gained access to, the rates, which will be offically released tomorrow, are the lowest blended rate in the country by almost 5 percentage points.

Takeout on Win, Place, and Show wagering will be 10%, Exactas, Quinellas, Trifectas, Daily Doubles, and Pick 3s will be 12%, and the Pick 4, Pick 6, Place Pick All, Pick 9, Superfecta, and the Super Hi-5 will be 15%. These rates will take effect with the start of the Hollywood Park season on April 21 and last until January 1, 2012.

Kirk Breed, executive director of the CHRB, said at the conference "We used to be centered on the needs of the horsemen, at the expense of our gambling customers. Now, we will no longer turn a blind eye toward them. We hope these lowered rates will help bring California racing back from its current problems and into a period of success".

Vice Chairman David Israel commented "Last summer, I said that we were competing against professional sports, not against casinos and other tracks. That was the wrong attitude to take. While there will still be a focus on the local market, we have realized out main competition are places like the San Manuel Indian Bingo and Casino. We have gone onto the proper path now, and hope to stay on that path for years to come".

Trainer Jeff Mullins was also at the conference. He said, "If you don't take advantage of this deal while it lasts, you are an idiot".
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Old 03-31-2011, 10:57 PM   #2
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This thread is going to be awesome.
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Old 03-31-2011, 11:00 PM   #3
Kevroc
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Quote:
Originally Posted by andtheyreoff

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Old 03-31-2011, 11:04 PM   #4
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Like Christmas, April Fool's seems to come earlier every year.

p.s. Gotta' love the Mullin quote, though!

Last edited by Cholly; 03-31-2011 at 11:05 PM.
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Old 03-31-2011, 11:27 PM   #5
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Gotta say you had me for a minute.
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Old 04-01-2011, 12:00 AM   #6
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You had me going there! When i knew it was a joke is when David Isreal admitted he was wrong...than i knew it was just a dream and woke up.
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Old 04-01-2011, 06:50 AM   #7
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Only in our dreams.
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Old 04-01-2011, 07:37 AM   #8
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You had me there for a moment until I read the "secret press conference...."
Gee, a 10% takeout would be great if that could ever happen, however unlikely though that seems to be. Good one.
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Old 04-01-2011, 10:36 AM   #9
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Andy ThereOff,

This was the best April Fool's joke of the year for horseplayers. Kudos.

You will not be outdone today.


Regards,
Dave Schwartz
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Old 04-01-2011, 10:49 AM   #10
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You actually had me until the very end...

Quote:
Trainer Jeff Mullins was also at the conference. He said, "If you don't take advantage of this deal while it lasts, you are an idiot"

HAHA....this will be hard to beat for best April Fool's joke on the forum.
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Old 04-01-2011, 11:01 AM   #11
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http://www.geeks.com/pix/2011/APRFDPROMO.html

Nothing in this leage but pretty good for April 1st.
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Old 04-01-2011, 11:19 AM   #12
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OMG you got me good!!!
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Old 04-01-2011, 11:31 AM   #13
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The sad part of this is....I would be betting SoCal exclusively if this were true.
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Old 04-01-2011, 11:40 AM   #14
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Wow...haha awesome! Can't beat this one folks. We can only wish this was true.
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Old 04-01-2011, 11:49 AM   #15
Robert Goren
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As usual the joke is on the better.
__________________
Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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