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01-05-2018, 12:23 AM
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#121
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Veteran
Join Date: Mar 2010
Posts: 5,222
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Oh, now he's deleting my posts and giving me another demerit, and demanding I post under my real name.
You're something else, CJ.
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01-05-2018, 12:26 AM
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#122
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Veteran
Join Date: Mar 2010
Posts: 5,222
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Quote:
Originally Posted by linrom1
If additional handle does not contribute to purses paid to horsemen than it's "phoney." GP was able to dramatically increase its handle , yet its purse structure has not increased much; therefore, its either bogus or Stronach interests are somehow able to befool horsemen.
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If Cj doesn't delete this message again, I'll repeat that all these contracts are blessed by the horsemen, so whatever he's talking about can't be much different than rebate shop pricing. Why he's jumping all over GP for rebate pricing when many including all the big tracks other than CA do it, I don't know. But it's "real" handle however it's sliced.
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01-05-2018, 12:27 AM
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#123
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,849
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Quote:
Originally Posted by Fager Fan
Oh, now he's deleting my posts and giving me another demerit, and demanding I post under my real name.
You're something else, CJ.
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I didn't demand anything, another falsehood.
Here is what I said:
Quote:
Not playing that game. Sorry. Put a name on your account and maybe we'll talk.
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Last edited by cj; 01-05-2018 at 12:29 AM.
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01-05-2018, 02:37 AM
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#124
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,880
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Quote:
Originally Posted by Fager Fan
If Cj doesn't delete this message again, I'll repeat that all these contracts are blessed by the horsemen, so whatever he's talking about can't be much different than rebate shop pricing. Why he's jumping all over GP for rebate pricing when many including all the big tracks other than CA do it, I don't know. But it's "real" handle however it's sliced.
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"Whatever he's talking about" = "You don't understand it, so it must be false."
Not good math.
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01-05-2018, 08:55 AM
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#125
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Veteran
Join Date: Mar 2010
Posts: 5,222
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Quote:
Originally Posted by PaceAdvantage
"Whatever he's talking about" = "You don't understand it, so it must be false."
Not good math.
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That wasn't the math. It was not being able to imagine a scenario where handle is "fake" because some of it is derived from selling the signal at a "bargain basement rate", the only bit of information CJ gave to bolster his claim that it's fake. That is already well known to being done through rebate shops, and no one has ever proposed that this makes the handle of many tracks, not just GP, fake.
It is highly frustrating to know how bad these contracts are for the host tracks and racing, but that's a nationwide problem outside of CA who got their legislature to cap it at 5%, and it doesn't make any of the handle fake or smoke and mirrors or any other perjorative. It just makes them horrible deals for the host tracks and racing.
Last edited by Fager Fan; 01-05-2018 at 08:56 AM.
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01-05-2018, 11:30 AM
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#126
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,849
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Quote:
Originally Posted by Fager Fan
That wasn't the math. It was not being able to imagine a scenario where handle is "fake" because some of it is derived from selling the signal at a "bargain basement rate", the only bit of information CJ gave to bolster his claim that it's fake. That is already well known to being done through rebate shops, and no one has ever proposed that this makes the handle of many tracks, not just GP, fake.
It is highly frustrating to know how bad these contracts are for the host tracks and racing, but that's a nationwide problem outside of CA who got their legislature to cap it at 5%, and it doesn't make any of the handle fake or smoke and mirrors or any other perjorative. It just makes them horrible deals for the host tracks and racing.
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Perhaps I could have worded it better. The handle is the handle, but the reporting that handle increases mean business is great and profits are up is simply false.
If I offered rebates that matched takeout, I'd lose money, for example. But handle would certainly be up by a lot. Its a false positive.
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01-05-2018, 11:57 AM
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#127
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Veteran
Join Date: Mar 2010
Posts: 5,222
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Quote:
Originally Posted by cj
Perhaps I could have worded it better. The handle is the handle, but the reporting that handle increases mean business is great and profits are up is simply false.
If I offered rebates that matched takeout, I'd lose money, for example. But handle would certainly be up by a lot. Its a false positive.
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Unfortunately the sport is saturated with getting tiny slivers of the pie now. I don't understand why they can't get together and reverse the bad decisions made at the start of the ADW era, but they don't. So they keep fighting for the scraps.
I appreciate the discussion we've had via PM. Peace.
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