4 Comments
Jan 20, 2022Liked by Charles Simon

Perhaps the tracks should remember how they formerly made their money; from the "churn" generated by happy bettors. 30 years ago it was not unusual to visit a track with $100 and manage to put $1000 through windows and leave with $150 ,meaning the "churn" generated $150 for the track. A pleasant on track experience coupled with low takeout ( lets imagine 15% on all bets) would go a long way towards bringing back the real fans and boost revenues. Too many "jackpot" wagers ,even with a higher rake , just attracts "one time" money by eliminating the churn.Far too many of the other exotics is worrisome too. The massive rebates to the "CAW" crowd need to stop. These players aren't even concerned with the racing . They're simply using those complex computer programs to "play" the "pari-mutuel system" , not to "handicap" the races . If the track managements don't act ,and soon , to expand their customer base , the existing clientele will continue to either play another game or quit altogether.

Expand full comment
Dec 31, 2021Β·edited Dec 31, 2021Liked by Charles Simon

A small change in the rules to vastly improve the races on the track.

-----

In order for a foal to legally be designated as a thoroughbred, the sire must be at least 6 years old at the time of insemination.

There you have it.

Racing just got a WHOLE LOT BETTER!

Expand full comment
author

Agreed but it’s never gonna happen sadly

Expand full comment
author

You are 100% correct. Short term thinking got us in this mess

Expand full comment