Re: Pissed at Crist (581 Views)
Posted by:
Mall (IP Logged)
Date: November 18, 2005 07:52AM
Apparently no one, not even Newton,is perfect. A number of tracks, including CD, used to have $1 pk6s. The reason for adopting the $2 min, according to track execs, is that alhough, as pointed out, there would be additional daily handle if the min was $1, that additional daily handle would decrease the chances of a big carryover like there is at CD today. The increased handle on big carryover days is much greater than the increased handles on a number of individual days, so the $2 min makes sense, as a matter of economics, for the tracks. Another thing they told me re pk6s which I found surprising is that, as often as not, half or close to half of the handle on the big Calif carryovers comes from East Coast players, which they believe is due to the fact that most of the races take place after working hrs.