Fairness to bettors

[Andymays]

fairness to the bettors=get rid of breakage !Stop letting the track rip customers off of their own money.
If you can calculate pennies and pay for .10cent supers you can pay each penny on my win bet. Pay out on the decimal system as they do in aus and England.
Track take should be no more than exactly 8% of the win pool. Forget about the .10 cent base! a bad bet is a bad bet! I don't care how small the bet base is. 19% including break is confiscatory on win bets. You can guess where I stand on the gimmick bets Get Rid of them! Tracks, horseman, and breeders live within your means like the gamblers have to.
There is no reason other than greed that field size shouldn't average 10. Foresight in the business model and a little less paying off breeders and owners with 200.000 4 horse fields. Technology has made it possible to take wagers from all over the world in multiple currencies and convert them in breakneck speed don't tell me you can't pay me to the penny. In fact if you calculate the amount wagered to win at say Gulfstream or Santa ,on each horse in a race the sum will not add up to the total money bet in the win pool for that race as it should. Try it and see for yourself.
variances can hide millions in fraud! remember Breeders Cup 2002.Transparency is a must! These tracks have the capabilities technologically to make this game perceived to be on the up and up but until customers demand accountability tracks, breeders and horsemen will go on with the status quo and so will the mugs that feed their pockets.

Jimi I used to think like you at one time and then I was exposed to reality. The takeout can't be blended at 14%,15% but probably could at 17% or 18%. As far as breakage goes I agree with you on that but the Horsemen don't want to give up the 6 plus million that they make from it even though they would make more from higher handle because of penny breakeage.

[Joel]

Jimi I used to think like you at one time and then I was exposed to reality. The takeout can't be blended at 14%,15% but probably could at 17% or 18%. As far as breakage goes I agree with you on that but the Horsemen don't want to give up the 6 plus million that they make from it even though they would make more from higher handle because of penny breakeage.

Didn't at one time Los Al go to nickel breakage..several years ago..or was that a really weird dream I had?

If I didn't dream that, what rationale was given to go back from nickel to dime breakage?

[Joel]

The only place iv'e heard of a nickel break is in Canada ,but there was harness racing at one time at Los Al and it could have been nickel then i'm not sure .If it was and was changed you can obviously guess why, I mean cmon really?

It was dime breakage for many years..then I believe it went to nickel breakage maybe about 10-15 years ago..and then reverted back to dime..

[Kermit]

I would almost swear Mary toad me that the State gets that money. Maybe because DM is owned by the State?

[Andymays]

I would almost swear Mary toad me that the State gets that money. Maybe because DM is owned by the State?

Horsemen get the lions share. Last year it was 6 million plus.

[Andymays]

The only place iv'e heard of a nickel break is in Canada ,but there was harness racing at one time at Los Al and it could have been nickel then i'm not sure .If it was and was changed you can obviously guess why, I mean cmon really?

The T.O.C. has veto power over just about everything. You have to make them believe that lower breakage will make the more money in the end. That's a tough road to climb.

[Kermit]

I would almost swear Mary toad me that the State gets that money. Maybe because DM is owned by the State?

Horsemen get the lions share. Last year it was 6 million plus.

I'll buy that. Exactly what determines who gets how much money?

[Andymays]

I'll buy that. Exactly what determines who gets how much money?

Not sure. All I know is that the breakage stuff and who gets it is from the dark ages in the age of computers.

[Reallyquiet]

Fairness to bettors?Never gonna happen. Here in the northeast ,racinos rule(Aq,Del,Parx,Penn etc).When racetracks started receiving slot dollars EVERYONE made out,except the player,who got screwed over royally.At Parx,the handle is so miniscule it is laughable,they make all their money off the casino.So,why not lowere the takeout on handle the track doesnt really care about anyhow and let players reap some benefit out of the racino dollars?? Pigs will fly before that happens.

[Pooch]

I thought a few states paid the breakage back to the gamblers...towards the end of the meet they would round upward payouts that were near the 10 cent break.

For some pea-brain like me ... I have a fleeting memory of being at Keeneland and they made an annoucement that this particular day they were paying back the breakage from the meet.

I agree ... with computers they should be able to calculate the payouts to the penny ... so make the payouts to the penny. There should be near zero breakage each wagering day.