Re: Rebates OP-ED (597 Views)
Posted by:
OPM (IP Logged)
Date: March 08, 2004 10:46PM
There are many ways to do rebating that will make it worthwhile for tracks and bring it directly to horseman. For instance, do it on Sat/Sund at the track only(everyone at the track will receive a lower takeout through a 5% rebate on all their wagers). The tracks will get more paying customers(10,000 people paying $5 to get into Santa Anita will pay a lot of bills). Do rebates for a define period and then reassess it(do it for one year, one meet). Regardless of this, there are so many people out there using ehorse and pinnacle that it's not funny. These are not the big players either, I am talking about guys betting $50-100/day. The tracks better wake up or more will go overseas. Personally, I could not use these overseas outfits because I am afraid I would never see my money again. I also think that Las Vegas gives rebates on the sly but that's another story.
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