Re: Rebate Shops (481 Views)
Posted by:
TGJB (IP Logged)
Date: September 21, 2004 02:01PM
Okay, explain to me that little part where the computer finds the overlays...
I have to say that I would have a lot more respect for the track's "moral" stance if they weren't charging an exhorbitant rate to play their game. You want to help the player, cut the take.
Look, I've said this for a while, and I'm a guy both betting with rebates and making money by steering our customers to a reputable rebate site-- racing should cut out the middle man. If there is one thing we should be learning from the huge handle going to rebate sites, it is that this game is price sensitive. If the tracks offered rebates themselves, they would have around another 3% (roughly what rebaters take out)of handle of the big bettors to put into purses, or wherever they wanted to. Their handwringing is hypocritical nonsense-- if you care about the bettors, give rebates or cut the take for everybody.
Electronic access is a far more complicated question, and I'm going to hold off forming an opinion until I know a lot more about the issues involved. Without doubt, the system has to be totally protected against past posting.
TGJB