This Friday there is a CHRB meeting in California. One of the items on the agenda is the following:
"Discussion and action by the Board regarding an increase in the take-out on conventional and exotic wagers on races conducted by quarter horse racing associations as permitted pursuant to Assembly Bill 246 (Price), Chapter 226, Statutes of 2009."
We believe that any takeout increase, for any wagering is not a good thing in, as takeout increases have been proven time and time again to lower handle, and lower interest on horse racing. Jeff Platt, HANA President will be at the meeting and they have allowed him to speak on some of the studies which show takeout increases hurt, don't help racing.
If you agree and want your voice heard we need your help. If you cut the following and place it in your emailer, and send it to "BonS@chrb.ca.gov" you will be registering your displeasure with takeout increases. Please use this in the subject header: "Please say no to any takeout increases"
Dear CHRB Member,
It has been brought to my attention that this item will be discussed at the upcoming CHRB meeting on January 15th, 2010.
"Discussion and action by the Board regarding an increase in the take-out on conventional and exotic wagers on races conducted by quarter horse racing associations as permitted pursuant to Assembly Bill 246 (Price), Chapter 226, Statutes of 2009."
Takeout has an optimal pricing point. The racing industry has spent several hundred thousand dollars for economic studies confirming that fact. They have shown when takeout is increased, the long term result is detrimental to racing. Unfortunately, so far racing has chosen to ignore recommendations found in their own paid-for studies.
As a horseplayer and racing customer I would like to voice my strong opposition to any takeout increase in California, whether that be for quarterhorse, harness, or thoroughbred racing.
Thank you.
Thank you for your support!
1 comment:
Count me in. I urge the CHRB members to do your job and protect the Bettor!
rwwupl
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