tag:blogger.com,1999:blog-1484410456100254393.post8548071122805381966..comments2009-10-29T01:02:54.090-04:00HANAhttp://www.blogger.com/profile/17545107814723134177noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1484410456100254393.post-66964578600717190522009-10-29T00:28:46.092-04:002009-10-29T00:28:46.092-04:00

TVG/Betfair has made one curious choice so far this year. I'm stunned that a reputed MLB drug cheat who is being sued by a major breeding operation has been chosen to be a face of many of TVG's major telecasts.

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-88923760772304756542009-10-28T18:17:10.321-04:002009-10-28T18:17:10.321-04:00

Racing (and this is illstrated in many comments on Waldrop and Paulick) seems to think that lower margins mean less money and higher mean more.<br /><br />For a company faced with two options. <br /><br />Option 1 - $200B in sales at a 2% margin<br /><br />Option 2 - $20B in sales at a 20% margin.<br /><br />Poker, Betfair and any pro-growth firm would choose 1. Racing should too. If $200B is bet

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-45316325295785606862009-10-28T14:45:34.857-04:002009-10-28T14:45:34.857-04:00

Betfair has offered lower takeouts (prices) and more choice. <br /><br />If you have a McDonald&#39;s on a corner, then add a Burger King, Wendy&#39;s and a KFC the overall fast food volume goes up. I think we figured that out about 200 years ago.<br /><br />In racing this is seen as a threat, or something evil. <br /><br />Do we want to grow racing with more people and more gross handles, or do

PeterBnoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-9798963673876818792009-10-28T14:27:20.230-04:002009-10-28T14:27:20.230-04:00

The mention of Betfair among U.S. racing industry officials incites a new level of paranoia as they relate the prospects of a streamlined, low-overhead operator bringing to the arena a betting mechanism that will give players what they want: A gambling proposition that will not have its payoff amount modified once the wager is agreed to and at a transaction cost that is reasonable and

Richard_Rnoreply@blogger.comtag:blogger.com,1999:blog-1484410456100254393.post-81648123435679548242009-10-28T13:36:28.851-04:002009-10-28T13:36:28.851-04:00

This is why we need HANA. I have NOT SEEN EVEN ONE article about this talking about horseplayers, what the future brings, and what low takeout means. Every article I read about this deal is just the industry is just wondering if they will have $100 less for a purse ....... and who cares about tomorrow and their customers having choice.<br /><br />This is good stuff.<br /><br />Peter

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