interesting take
is there any kind of rationale or logic behind it
Owners put up a $mil (shareholder) in the Gulfstream Pegasus one year.
You're not going to put up 10% of the purse in a 10 horse field if your horse is not going to try, which we see all the time.
Gamblers will have new confidence.
Let the tracks take out 25% of the purse money for their rake for their operating costs.
Take nothing out of the gambling pools for at least a year, then drop the purse rake and put back on the mutual pools.
If decoupling happens, if corruption is center stage and those welfare contracts can be killed....this might be the only way back.
After all who fucked up racing and who benefited the most from that. Yeh.
