Quote:
Originally Posted by Fager Fan
You're just looking for another opportunity to bitch. This is exactly why handicappers are often tuned out. It seems as though many won't be happy no matter what. The result of gambling.
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I'm not bitching. I'm telling it like it is and I'm offering solutions. You just are too old to get it.
It's the youth who push the envelop and create change. Oldsters like Stronach (and FagerFan) and other racetrack owners are too old get it. Their time has passed and they watch as technology has passed them by.
Youngsters are not interested in betting on horse racing. They're smart. They know a bad deal when they see one. 20% takeout just to place a bet? Hell, you can day trade on robinhood.com for ZERO commissions. Let me say it again. Robinhood.com charges ZERO commissions to buy and sell stocks. They hope you'll upgrade to premium services, but they let you trade for free.
There has been a huge technology revolution in the past 30 years and oldsters don't know how the software works. Sure old people can send email or post a picture of their dog to facebook, but that has nothing to do with helping racetracks attract new customers. And the youngsters are biased against what the oldsters are selling. Young people don't give a shit about horse racing and the way it is presented. But the young are the future. Boomers are trying so hard to hold on to what they've got that they've shut out the youngster from upward mobility. How many young racing executives are there?
Oldsters want to go back to the past and hold on to it as long as they can. Youngsters want no part of it.
The great ideas will come from the young. Or from the visionaries with experience. The young have great ideas that can change the world, but they often don't know how to manage it -- facebook and google come to mind. Even Steve Jobs couldn't handle Apple the first time around. He went away. Came back with experience and then built it into the biggest company in the world. Google's motto was do no evil. They have done a lot of evil. Same with facebook. You can't trust either one of them. But they were visionary.
Where are the visionaries in the racetrack industry?
I had the idea of a betting exchange in 1997, but couldn't get a foot in the door. All the oldsters in the industry were afraid of it. It took 20 years before exchanges were legalized in the U.S. And they're still not widely available.
So you oldsters go on thinking the old days are coming back and that you'll live forever. Neither is gonna happen. The sooner you hand over the keys to the next generation the sooner the racetrack industry will come back to life.
Or keep doing what you're doing and watch your industry spiral down the toilet like its been doing for 30 years.
You've heard my ideas. Now let's hear yours. Or are you too old to have any new ideas?