Shit For Brains

[Sweet]

Talking about money bet amounts and payouts / losses.

Betting and losing $2 in 1999 is the same as losing $4 today.

Winning a $100 in 1999 is the same as winning $200 today.

Additionally and unfortunately in that equality equation we don't live in gambling, it's just a thing in life, it revolves around life, life doesn't revolve around it.

[MIKE CAMPBELL]

Talking about money bet amounts and payouts / losses.

Betting and losing $2 in 1999 is the same as losing $4 today.

Winning a $100 in 1999 is the same as winning $200 today.

Additionally and unfortunately in that equality equation we don't live in gambling, it's just a thing in life, it revolves around life, life doesn't revolve around it.

Absolutely not true. I know many huge gamblers from the 80's that bet the same amount now as they did then. They didn't wake up one day and say, hey, the consumer price index is doubled now so I am going to wager 5K instead of my usual 2.5K

[Sweet]

Absolutely not true. I know many huge gamblers from the 80's that bet the same amount now as they did then. They didn't wake up one day and say, hey, the consumer price index is doubled now so I am going to wager 5K instead of my usual 2.5K

Money is not relative to gambling.

Money is relative to its spending power.

Even at the BigM it's down, way way way down.

CAW to even artificially inflate it.

Ask Gural if his bills are the same in 1999 and now.

The cost of labor, marketing, taxes, construction...

[MIKE CAMPBELL]

Money is not relative to gambling.

Money is relative to its spending power.

Even at the BigM it's down, way way way down.

CAW to even artificially inflate it.

Ask Gural if his bills are the same in 1999 and now.

The cost of labor, marketing, taxes, construction...

I disagree. The theory of parimutuel is the same then as it is now.

[Kenny]

There is no such thing as inflation when it comes to gambling. You're not buying a fucking loaf of bread and a gallon of fucking milk. A 2 dollar bet then is the same as a 2 dollar bet now.

You are one of the DUMBEST people on this board. Of course inflation matters. Handle is what covers the expenses of operating the track and what funded the purses at one time. A two dollar bet today is worth much less that in the past. Of course handle is irrelevant today from a purse standpoint. All that matters is the government handouts.  You call people "shit for brains" but you prove that describes you on a daily basis.

In Pennsylvania, the live wagering handle covers a remarkably small percentage of horse racing purses—typically hovering between 10% and 12%.

The vast majority of the money in the state's purse accounts does not come from the betting windows. Instead, 88% to 90% of PA purses are funded by the slots, specifically through the state's Race Horse Development Trust Fund (RHDTF).

[Sweet]

I disagree. The theory of parimutuel is the same then as it is now.

The handle needed to more than double yesterday without the CAW.

The problem is not that you make a clever compartmentalized argument, you do, smart, but Gural cannot survive without the casino, otherwise his heirs inheritance is going to be bled into the BigM in perpetuity unless he taps or gets his casino, which he'll get next year.

In the interim, the BigM product speaks for itself.

It's not personal Mike, just BigM business.  Ask Gural.

[Harness racer]

If handle doesn’t rise with the cost of being operational, racing slides further into a welfare state and a larger percentage must be given to stay afloat.  I like Mike Campbells posts for the most part, but he is wrong in the sense inflation doesn’t matter.  Yes the everyday old guy is betting the same bankroll.  That’s the issue.  There are less of them around and not many new ones coming onboard.  Makes more welfare needed to stay open.

[pocketrocketwinner]

There is no such thing as inflation when it comes to gambling. You're not buying a fucking loaf of bread and a gallon of fucking milk. A 2 dollar bet then is the same as a 2 dollar bet now.

Im going to exit this conversation right now.
You are into a subject that is way over your head

[MIKE CAMPBELL]

You are one of the DUMBEST people on this board. Of course inflation matters. Handle is what covers the expenses of operating the track and what funded the purses at one time. A two dollar bet today is worth much less that in the past. Of course handle is irrelevant today from a purse standpoint. All that matters is the government handouts.  You call people "shit for brains" but you prove that describes you on a daily basis.

My post was pertaining to The Meadowlands. Once again you prove how you have no idea about the expenses of operating a racetrack. Listen up mongoloid. Gural is doing MUCH better now than when the Meadowlands was operating in the 70's until the early 2000's. Why? NO BARN AREA!!!!!!!!!! That 3 million he averages when he turns on the lights is worth a hell of a lot more than back then. You're nothing but a retard.

[andrew]

You are one of the DUMBEST people on this board. Of course inflation matters. Handle is what covers the expenses of operating the track and what funded the purses at one time. A two dollar bet today is worth much less that in the past. Of course handle is irrelevant today from a purse standpoint. All that matters is the government handouts.  You call people "shit for brains" but you prove that describes you on a daily basis.

2 dolla 2 dolla last i knew

onlythin now iz payout

5.47 wtf iz tat

[Sweet]

2 dolla 2 dolla last i knew

onlythin now iz payout

5.47 wtf iz tat

2 dolla 2 dolla I luv you looooong time