Re: How much would 8% takeout make you willing to win less or lose more (450 Views)
Posted by:
Topcat (IP Logged)
Date: September 27, 2015 05:29AM
BitPlayer Wrote:
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> I know I've made this point before, but it's been
> a while so:
>
> Bottom line, the thing that funds racing (ignoring
> horse owners and slots) is the net amount the
> public loses. My guess about big-money players is
> that they are more likely to be sensitive to how
> much they are winning or losing. If they stop
> winning, they stop playing. Bringing that kind of
> money into the game is of no real long-term
> advantage. Players who win are just another mouth
> for the industry to feed.
>
> That said, the industry does need some players to
> win, so that others will make the attempt (and
> mostly fail). But the industry also needs to make
> it enough fun to play that people won't mind
> losing. Does the lower takeout do that, because
> people get more bang for their buck? I don't know
> the answer, but that's the real question.
Among the utter certainties surrounding lower takeout . . . players last longer.