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Old 01-01-2009, 10:22 AM   #76
Charlie D
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Quote:
Originally Posted by raybo
I responded to this in a previous thread. Tracknet has to offer a contract to PTC, I don't believe they have yet. Tracknet decides who gets the signals and who doesn't simply by offering or not offering a contract.
Read that Raybo and i could be wrong, but surely companies like PTC, youbet, etc don't sit waiting for the Tracknet signal salespersons phonecall

So it begs question

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Then why have ADW's like PTC not got the signal for Tracknet tracks yet

Last edited by Charlie D; 01-01-2009 at 10:26 AM.
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Old 01-01-2009, 12:35 PM   #77
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Quote:
Originally Posted by Charlie D
Read that Raybo and i could be wrong, but surely companies like PTC, youbet, etc don't sit waiting for the Tracknet signal salespersons phonecall

So it begs question
PTC has been in negotiations with Tracknet for quite some time. I believe, info from a reliable source, that PTC has asked for a contract and have received no response from Tracknet.
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Old 01-01-2009, 01:03 PM   #78
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Quote:
Originally Posted by raybo
PTC has been in negotiations with Tracknet for quite some time. I believe, info from a reliable source, that PTC has asked for a contract and have received no response from Tracknet.

No response from Tracknet makes these statements a tad confusing

Quote:
TrackNet’s goal has always been to broadly distribute the content of its member racetracks,” added Scott Daruty, president and CEO of TrackNet
Quote:
Florida HBPA Executive Director Kent Stirling said the agreement is nonexclusive, meaning any other ADW site interested in paying the agreed rate will be allowed to carry the signal.
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Old 01-01-2009, 04:16 PM   #79
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Quote:
Originally Posted by Charlie D
No response from Tracknet makes these statements a tad confusing
Tracknet's publicly announced goals are one thing, their real goals may be completely different.

The statement from HBPA is misleading. Tracknet must first offer a contract, then the HBPA has the option of accepting it or declining it.
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Old 01-01-2009, 09:01 PM   #80
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Simply put, the tracks' revenue model doesn't work with lower takeouts.
I have to disagree with this.

In 2003 Stevenson & Associates, a consulting firm under contract with the National HBPA hired Will Cummings to do an economic study on racing. Cummings' report can be found on the National HBPA's website at this url:
http://www.nationalhbpa.com/resource...ort7-17-04.PDF

To anyone who hasn't read the report I suggest giving it a good read. Also worth noting is Cummings' biography found on p. 42 of the report. IMHO he is the real deal.

It's ironic that pretty much everything in the report has proven itself true in one way or another. Especially in light of the way the racing industry has seen fit to ignore virtually ALL of the recommendations in the report.

A few years later the NTRA Player's Panel came to many of the same conclusions about takeout and handle growth that Cummings did. Mainly that it is too high and that reducing takeout is something that needs to happen if the industry wants to see handle growth.

Track management will tell you that the track's revenue model won't work with reduced takeouts. What track management (and horsemen's groups like the THG) do realize - and won't publicly admit - is that racing's current 20 odd pct takeout structure has done exactly what Cummings said it would do in the report:

It has stopped handle growth dead in its tracks.

Other games such as slots and poker (and even the MA state lottery) have beaten the crap out of racing over the past several decades in the growing handle arena. And one of the primary reasons is the takeout of their games compared to ours. Hint: it's lower.

A working revenue model isn't about fleecing current customers faster.

It's about pricing the game of racing competitively and marketing it in fresh new ways to new market segments.

There are millions of customers out there involved in other games who may never - not even once in their lives - have given racing a second thought.

Racing finds itself is in its current state of affairs because other games have done a better job of reaching new customers than racing has.

Both Cummings and the NTRA Player's Panel pointed out that innovation and competitive pricing are two requirements for making handle growth a reality.

I'll make the argument that it's high time for the racing industry to wake up and grow the game by listening (for a change) to the advice of people like Will Cummings.



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Last edited by Jeff P; 01-01-2009 at 09:05 PM.
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Old 01-01-2009, 09:02 PM   #81
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Tracknet's publicly announced goals are one thing, their real goals may be completely different.
BINGO!


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Old 01-05-2009, 03:06 PM   #82
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Is there going to be live video from PTC anytime soon? Is that a goal?
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Old 01-15-2009, 09:30 AM   #83
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I have a question regarding the wager feature on ptc. You can use either manual or automatic wagering mtp. It appears you can wager after post ? I just entered a 0 mtp choice but you can also enter -0.30 mtp and so on. Could not find any help at ptc.
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Old 01-15-2009, 11:59 AM   #84
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Quote:
Originally Posted by exactaplayer
I have a question regarding the wager feature on ptc. You can use either manual or automatic wagering mtp. It appears you can wager after post ? I just entered a 0 mtp choice but you can also enter -0.30 mtp and so on. Could not find any help at ptc.
Very few tracks ever go off at post time. By using that option, you are taking a greater chance of being shut out. I've had a few times i got shut out using 0 MTP. On the other hand, at a few tracks, you would probably be safe using -5.00 MTP.
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Old 01-15-2009, 12:41 PM   #85
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Quote:
Originally Posted by cj
Very few tracks ever go off at post time. By using that option, you are taking a greater chance of being shut out. I've had a few times i got shut out using 0 MTP. On the other hand, at a few tracks, you would probably be safe using -5.00 MTP.
Exacta, CJ got the feature right.

0 MTP doesn't mean the races goes off, it's just the scheduled program post time and corresponds to when the track sends the first 0 MTP data stripe. At some tracks theoff time is pretty close to 0, greyhounds in particular. On the other hand, at Cal Expo you've probably got 4-6 minutes after the "0" before the race goes off. It's a tradeoff between best execution and getting shut-out. At most tracks we tell people you can usually go to -0:30 or - 1MTP with no worry.
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Old 01-23-2009, 01:30 AM   #86
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Why is there an age limit of 21?

I can buy ciggerettes and porn, I can go to a casino and play slots, I can go to the liqour store down the street and buy ....... scratch tickets, state lottery, and powerball. And I can bet on races at an otb or track. I can even play poker online. But, I can't bet on a bunch of different sites?

Just wondering the reason behind it



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Old 01-23-2009, 09:46 AM   #87
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Quote:
Originally Posted by salty
Why is there an age limit of 21?

I can buy ciggerettes and porn, I can go to a casino and play slots, I can go to the liqour store down the street and buy ....... scratch tickets, state lottery, and powerball. And I can bet on races at an otb or track. I can even play poker online. But, I can't bet on a bunch of different sites?

Just wondering the reason behind it

-salty
State laws or Racing Commission regulations. Same reason you can buy all those things at 18, but not at 12.

It is not universal in the US that an 18 year old can even bet on horses. For example, you have to be 19 in Alabama in some counties (like Birmingham), while Washington, New Hampshire and Nevada are 21. Texas at one time pegged the age at the same as buying liquor (21), but that may have changed.

When you play poker online you are not doing it through a US provider, so whatever law there is where the operate is in play there.

So, it's quite possible that some sites, rather than having to keep track of the laws in multiple jurisdictions just cut it off at 21 to be safe. In the earlier days of Oregon, all the ADW's were strictly 21, even though Oregon allows anyone over 18. Not sure if that's still the case.
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Old 01-23-2009, 11:12 AM   #88
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Quote:
Originally Posted by Dave Schwartz
Dog,


There must be additional revenue sources!

Only those other revenue sources can take the pressure off the takeout.


Just my opinion.


Regards,
Dave Schwartz
Intuitively you would expect that as states, tracks and horse owners gain additional revenue from the alternate gaming sources that we would see
some takeout reductions. That simply has not happened. And, I don't think you have to look any farther than the breakage issue to understand that IT IS NOT GOING TO HAPPEN unless we as horseplayers bring so much pressure to bear on the other two "partners" that make up our game that it becomes a survival action to those partners.

We have NO STANDING with our other industry partners other than to provide money to generate revenue for them. Our money is our ONLY bargaining chip in this battle and if we don't take some action very soon even our money won't matter because our betting-handle-generated revenue source will have lost its importance as purses become funded from other sources.
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Old 01-23-2009, 01:43 PM   #89
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i only bet tracks that PTC carries...don't need any others..
that's my bargaining chip...want my money, open up PTC..
i don't miss any tracks..
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Old 01-23-2009, 02:24 PM   #90
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Originally Posted by prospector
i only bet tracks that PTC carries...don't need any others..
that's my bargaining chip...want my money, open up PTC..
i don't miss any tracks..
Good move. Built-in takeout reduction!
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