Re: How much would 8% takeout move the handle? (463 Views)
Posted by:
miff (IP Logged)
Date: September 24, 2015 09:33AM
John,
Tough to "F" the rebate shops and not adversely affect the game overall. It is estimated that up to $2 billion of handle(20% of the total handle) comes in from rebate houses/robotic batch bets from several venues.Much of this handle relates to whales/rebaters trying to hold an ROI of a couple of points, after rebate,over the long haul.
Personally skeptical that Cantebury or alike venues will attract some players regardless of takeout. Even if pool liquidity is decent, what type of quality would the racing be? Think there's enough players that would embrace Cantebury,but many would still be playing the higher takeout GP meet during Jan-Mar.The sum total may be that the Canterbury's of the game will cannibalize the pools of the GP's of the game but doubt handle goes up overall.
Mike