Re: Del Mar -- CAWs (383 Views)
Posted by:
TMW (IP Logged)
Date: July 18, 2023 08:26PM
TGJB Wrote:
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> It’s getting a lot of reaction. The idea is to
> get the Lexington crew to understand that they too
> are at risk, cause they don’t give a rat’s
> patooty about horseplayers.
I will read your article tonight. The reasoning at Del Mar is the race purses are dependent on handle since no gaming is involved in the equation. But, without having additional data -- it seems apparent that while the CAW handle increases (at a lower takeout due to rebates) effectively diminishing track returns, at the same time regular non-CAW handle is decreasing at a much higher takeout due to no-rebates. Not sure what the net results are.