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View Poll Results: Would you support a Go Fund Me Campaign to fight the Keeneland Takeout Hike?
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Yes, Absolutely I would contribute my $$$$$$$
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9 |
13.85% |
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No
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56 |
86.15% |
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08-14-2017, 07:16 PM
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#46
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Registered User
Join Date: Nov 2014
Location: Missouri
Posts: 2,190
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Quote:
Originally Posted by cj
I've posted them before. That is reality. There is too much sugar coating and wearing rose colored glasses in this sport. Any negative is "explained" away and any positive is screamed from the rooftops as if all is back to the 1950s of horse racing.
http://www.jockeyclub.com/default.asp?section=FB&area=8
The max is 2003 converts to about 20,194,850,000 in today's dollars. Last year, 2016, handle was 10,744,000,000. So handle is about 53% of what it was just 14 years ago. |
So couldn't a racing executive say handle is up 10% (failing to mention/not adjusted for inflation) since 1990?
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08-15-2017, 04:02 PM
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#47
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Registered User
Join Date: Feb 2003
Location: Dark Side of the Moon
Posts: 5,870
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Quote:
Originally Posted by Afleet
So couldn't a racing executive say handle is up 10% (failing to mention/not adjusted for inflation) since 1990?
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thats what they are doing to justify their raising track takeout has no affect on handle. its a lie. over the long term you lose customers, run the math and you can see why it takes longer than 6 months to lose all your money with a takeout increase.
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08-15-2017, 04:12 PM
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#48
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Registered User
Join Date: Feb 2002
Posts: 10,861
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I started new thread in General racing about building a new track. Keeneland will not change. Why waste time and effort discussing it.
Join the conversation on starting a horseplayer owned track. Do something that can really make a difference for horseplayers and horsemen.
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08-15-2017, 04:22 PM
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#49
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by JustRalph
Andy, I'm with you most of the time. But this is ridiculous.
It won't accomplish a damn thing.
Next time Best Buy raises prices I'll do a GoFundme for that too.
They made a business decision. Horse players can't seem to walk away no matter how bad they are treated. Until that changes, keep your umbrella handy, they are going to keep pissing on you
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Exactly right. And how is it "corporate greed? (his term)" They're making a price decision. It may be wrong, but it isn't "corporate greed." Ridiculous.
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08-15-2017, 04:37 PM
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#50
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Registered User
Join Date: Mar 2017
Posts: 5,803
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Quote:
Originally Posted by Saratoga_Mike
Exactly right. And how is it "corporate greed? (his term)" They're making a price decision. It may be wrong, but it isn't "corporate greed." Ridiculous.
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They are profitable right now and a lot of that is because of the promotion by HANA since they were rated #1 years ago. What is the proper term for the extreme price increase?
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08-15-2017, 06:21 PM
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#51
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Registered User
Join Date: Mar 2017
Posts: 5,803
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Laws like this one aren't meant to protect consumers who know better. I have to assume someone or some group felt like anything over the maximums they set would be price gouging. Keeneland setting them to the max is Customer Subsidized Purse Welfare at the expense of those who don't know better IMO
Keeneland Increases Takeout To State Maximums For 2017 Fall Meeting
https://www.paulickreport.com/horsep...-fall-meeting/
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08-18-2017, 09:03 AM
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#53
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Veteran
Join Date: Mar 2010
Posts: 5,222
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Quote:
Originally Posted by Andy Asaro
They are profitable right now and a lot of that is because of the promotion by HANA since they were rated #1 years ago. What is the proper term for the extreme price increase?
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You're kidding yourself.
Keeneland is profitable because they have two very short meets of top class horses, and make millions off their horse sales. Period. HANA sure had nothing to do with it, much less a lot to do with it.
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08-18-2017, 11:07 AM
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#54
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Registered User
Join Date: Mar 2017
Posts: 5,803
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Quote:
Originally Posted by Fager Fan
You're kidding yourself.
Keeneland is profitable because they have two very short meets of top class horses, and make millions off their horse sales. Period. HANA sure had nothing to do with it, much less a lot to do with it.
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Ok, we can rewrite history and say HANA didn't promote them or Kentucky Downs.
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08-18-2017, 12:02 PM
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#55
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Veteran
Join Date: Mar 2010
Posts: 5,222
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Quote:
Originally Posted by Andy Asaro
Ok, we can rewrite history and say HANA didn't promote them or Kentucky Downs.
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No rewriting necessary. You're in La La Land if you think HANA ranking them their #1 track is why they're profitable.
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08-18-2017, 12:04 PM
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#56
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Registered User
Join Date: Mar 2017
Posts: 5,803
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Quote:
Originally Posted by Fager Fan
No rewriting necessary. You're in La La Land if you think HANA ranking them their #1 track is why they're profitable.
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Never said that. Said HANA promoting them in addition to making them #1 helped them become more profitable.
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08-19-2017, 08:12 AM
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#57
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Veteran
Join Date: Mar 2010
Posts: 5,222
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Quote:
Originally Posted by Andy Asaro
Never said that. Said HANA promoting them in addition to making them #1 helped them become more profitable.
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Equally absurd.
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08-19-2017, 11:08 AM
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#58
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Quote:
Originally Posted by Fager Fan
Equally absurd.
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Keeneland themselves flaunted the rating so they saw some value in it.
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08-19-2017, 12:52 PM
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#59
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Registered User
Join Date: Feb 2002
Posts: 10,861
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Quote:
Originally Posted by cj
No doubt. But I'll stick by what I've been saying. Horseplayers are walking away, and moves like this will only increase the number. The game is close to entering death march stage without some serious changes. Fields are getting worse, the cost to bet them getting higher. Increasing the cost to bet doesn't help fields and it never has.
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There will be consolidation and closures. Perhaps the betting product will get better if there are fewer tracks?
The biggest losers (and I don't mean loser in an insulting way) will be the people who handle the horses, those who keep the track running, and those who provide a service -- grooms, trainers, jockeys, stablehands, outriders, cashiers, food vendors, custodians, groundskeepers, track maintenance people, executives, middle managers, taxpayers, tack suppliers, veterinarians, blacksmiths, stationery suppliers, banks, car and truck dealers, farm suppliers, and hundreds of others who have direct or indirect contact with racetracks, etc., etc., etc.
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08-20-2017, 12:55 PM
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#60
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Registered User
Join Date: Mar 2017
Location: Baystater
Posts: 3,494
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Donating on the HANA site would be easier. Since they are a voice for horseplayers, why not? Just did.
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