Re: How much would 8% takeout move the handle? (591 Views)
Posted by:
TGJB (IP Logged)
Date: September 23, 2015 12:23PM
If tracks really want people to come they can't run on weekday afternoons.
At one point the Betfair people (the ones I was friendly with are now gone) were looking at buying Monmouth, and asked me what I thought. I said instantly, put in lights. It's a beach area during the summer, run a twilight card. It's big bar-band area (Bruuuuuce), have an area where there's live music and a bar. Make it the thing to do at night.
That would help attendance and concession sales (similar things have worked at CD and Dmr), but the people who would come are not serious bettors. Having a lower takeout on track than off will make almost no difference in attendance in most markets, I believe. Lowering takeout a lot overall would be an interesting experiment.