Re: Pool Liquidity (961 Views)
Posted by:
BitPlayer (IP Logged)
Date: November 22, 2015 06:42AM
Actually, you wouldn't need to attract new players to the sport. If existing non-bots just kept losing the amount they are losing now, and all of it went to the tracks instead of some of it winding up in the hands of the bots, the tracks would end up with more money, not less. Of course, that would require existing players to bet more, since they would be losing at a slower rate. I don't know enough about churn to speculate how likely that is and how long it would take to occur.
Long-term, I think that closing of the smaller venues and movement of their handle to a few large venues is the most logical arc for continuing the sport. That would, however, mean fewer horses and fewer horsemen.