tag:blogger.com,1999:blog-1484410456100254393.post4747573075212815554..comments2008-07-23T00:36:29.796-04:00HANAhttp://www.blogger.com/profile/17545107814723134177noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-1484410456100254393.post-42905997992153554362008-07-22T22:38:00.000-04:002008-07-22T22:38:00.000-04:00

This is a fabulous discussion. As good as it gets.<BR/><BR/>If TD or anon want to complete their thoughts for HANA members (and track exec et al readers) and offer it out as a post we'd be happy to.<BR/><BR/>The membership, through discussions so far, seem to be in favor of a few things with ADW.<BR/><BR/>1) Rebates for those who choose to take cash rewards, not those who are chosen (as it is

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-90979769621314466972008-07-21T12:30:00.000-04:002008-07-21T12:30:00.000-04:00

anonymous; <BR/> <BR/>I commend HANA and those that behind setting up this organization. HANA posters comments only bring out the complexities and the huge task at hand to have any impact on the racing industry that would benefit the players. <BR/> <BR/>There is some truth to what you said on players sticking to their home turf. Having higher takeout of 2 or 3 percent is of little consequence

Twindoublehttp://www.blogger.com/profile/12943398241095832844noreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-39300979203575189062008-07-21T12:27:00.000-04:002008-07-21T12:27:00.000-04:00

anonymous; <BR/> <BR/>I commend HANA and those that behind setting up this organization. HANA posters comments only bring out the complexities and the huge task at hand to have any impact on the racing industry that would benefit the players. <BR/> <BR/>There is some truth to what you said on players sticking to their home turf. Having higher takeout of 2 or 3 percent is of little consequence

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-70302521642183431102008-07-21T10:50:00.000-04:002008-07-21T10:50:00.000-04:00

what a great comment! you covered a lot of ground, I wanted to agree with you on your point about compiling comprehensive data, not just the track takeout, but also who has the authority to change it. <BR/><BR/>We do have a real disagreement amongst horseplayers in general I think, about rebates. Everyone sees lower takeout as the goal, but knowing the complicated and jursidiction by

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-82255360780102678272008-07-21T02:06:00.000-04:002008-07-21T02:06:00.000-04:00

Because the comments here appear under each captioned article, rather than being threaded and updated as new comments are added, I am not sure anyone will actually scroll down and read this comment posted under an article that is a week old and is now buried under others, but none the less here goes.<BR/><BR/>The reduction in take out suggested here is classic supply side economic theory.

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-57557205916688027432008-07-17T05:47:00.000-04:002008-07-17T05:47:00.000-04:00

Similar. He'd get a 1.008 ROI and the other little bit would be churned at a slightly lower rate. Net is really close.

HANAhttp://www.blogger.com/profile/17545107814723134177noreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-53290958373172020102008-07-17T02:28:00.000-04:002008-07-17T02:28:00.000-04:00

I'm not sure the numbers would be the same since the rebated player gets something back even when he loses.

Indultonoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-83095740575950005752008-07-16T23:58:00.000-04:002008-07-16T23:58:00.000-04:00

Indulto, same numbers. Same result. The example itself says player A has 5% lower takeout than player B. The only way the piece makes sense is if there is a way for two players to play at different rakes to illustrate it. It was illustrated with a real world example of a rebate, but they are one in the same.<BR/><BR/>Of course if both players had 10% takeouts instead of 15% (i.e. a 5% win takeout

HANAhttp://www.blogger.com/profile/17545107814723134177noreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-11301462077998721412008-07-16T23:36:00.000-04:002008-07-16T23:36:00.000-04:00

My position is every player should be on level playing field when it comes to pari-mutual wagering. <BR/><BR/>To me allowing a privileged few rake the pools reeks of unfairness. There's to many negative things that players along potential players are concerned about. <BR/><BR/>Look at it this way, if the game was advertised as fair, fun and open to everyone nation wide and not considered to be "

Twindoublehttp://www.blogger.com/profile/12943398241095832844noreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-35754686200054860972008-07-16T16:59:00.000-04:002008-07-16T16:59:00.000-04:00

How about adding a scenario for a third player subject to 5% lower direct takeout than that of the first player without a rebate?

Indultonoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-17339249599899208722008-07-16T10:31:00.000-04:002008-07-16T10:31:00.000-04:00

Hi Twindouble,<BR/><BR/>All good arguable points based on the rebate premise.<BR/><BR/>However, the premise in the piece just used that to show lower prices and what they can do. This could be a $100 player, or heck, all players. It is an illustration what a 10% rake does for bettors versus a 15% rake - nothing more.<BR/><BR/>Thank you for the comment.

HANAhttp://www.blogger.com/profile/17545107814723134177noreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-34585014570677884252008-07-15T23:06:00.000-04:002008-07-15T23:06:00.000-04:00

Your math is correct but your leaving out what I think are important factors. Well in my opinion anyway. <BR/><BR/>Historically pari-mutual wagering has been a level playing field for all players. Rebates changed that radically. <BR/><BR/>To infer it's fair is a stretch for sure. For the privileged few that churn upwards of millions of dollars using batch wagering,(computer software,having

Twindoublehttp://www.blogger.com/profile/12943398241095832844noreply@blogger.com