SportsMemo.com
Username:
Password:
Sports Memo Ad 0

Brent Crow Kills MLB
+5.56 Hot Streak last 13 Plays
28-18 +14.05 YTD Profits
2013-present +45.55 UNITS!
SPECIAL LIMITED TIME OFFER
MLB THROUGH 6/30 $299

Sports Memo Ad 0

Extended Service
May MLB $149
NHL Playoffs now only $89
NBA Playoffs now only $99
Weekly MLB (Mon-Sun) $99
Click here to purchase

Sports Memo Ad 1

NBA YTD Top Producers
OTTO Sports +18.1 units
Erin Rynning +14.7 units
Ian Cameron +10.7 units
NBA Playoffs now only $99

Sports Memo Ad 2
20* Prepaid Pack
Handicapper of your choice
Next Five 20* selections
Discounted Rate of only $99
Purchase online
Sports Memo Ad 3
VIP FREE PLAY EMAIL
Enter email on front page
Free Play w/ analysis
See who's hot at Sportsmemo
Special unpublished offers
Register an account today!

HOMERECAPRADIOFORUMBLOGSLIVE ODDSTOOLSBESTBETSHANDICAPPERSTWITTERRSS FEEDFACEBOOKEMAIL & CONTACTS

Betting on horse racing remains a tough sell

05.06.2011     08:08 AM     Printer Friendly

Great article from the Las Vegas Sun that discusses why betting on horses is quickly becoming a dying art. Despite some in the industry looking for ways to "upgrade" the sport, the current format is very archaic and simply not worth the time and effort to anyone under the age of 30. It also doesn’t help that the risk/reward is so blatantly poor.


“Instead of $85 or $87 of every $100 bet going to pay all the winners, it’s more like $80 today,” Kornegay said. “The tracks are trying to figure out how to make money. But this ends up hurting the players.”

“You don’t get value for the money,” said Astarita, 62. Bettors are “churned” by fees tracks build into their payouts, while running small lineups of horses with meager chances to win big. “Rebate shops” that take horse bets online are “sucking the lifeblood out of the business” by making big bets that cut into what small gamblers win on long shots. And younger people, attracted to the fast pace of Internet poker, “don’t want to wait 30 minutes between races,” he said.








This blog is closed to new comments.

Visitor Comments:




VIP EMAIL CLUB
Add Your Email Address:
How did you find us?


More VIP Email Options
 
Email
PowerNFLCFBMLBNBA
Current Blog Topics
Current Blog Topics
SportsMemo Ads
Daily Plays

Extended Services
-----------SportsMemo-----------
SportsMemo Ads
Discussion Forum
-------------------------------------
Post SubjectTime    Last Poster
Powerful NHL Playoff Histor...21:42    polarcat99
2015 MLB picks08:52    ajwat297
Kyle Lobstein To DL08:42    Ian Cameron
Hamels vs. Strasburg on Sat...08:26    ajwat297
Shelby Miller08:25    ajwat297
MMA07:42    Kevodamus

-------------------------------------
Current Blog
-------------------------------------

-------------------------------------
-----------SportsMemo-----------





Copyright © 2007 SPORTSMEMO, INC, 1-800-575-3069. Sportsmemo.com is the nation’s premier resource for sports betting and handicapping information. Get free football picks, free NFL picks, free college football picks, free baseball picks, free NBA picks, free college basketball picks, free hockey picks, free golf picks, and free soccer picks from the nation’s top handicappers. Sportsmemo's sports betting insight and analysis comes from some of the most respected sports handicappers in the sports gambling industry including Ted Sevransky (Teddy Covers), Brent Crow of Alatex Sports, Rob Veno, Erin Rynning, Otto Sports, Andrew Lange, Sammy P Sports, Ian Cameron, and Drew Martin. Listen to these handicapping experts daily on the Sportsmemo Radio Show from Noon-2 pm PST on Fox Sports 920AM in Las Vegas and the web at Sportsmemo.com.  Missed the Sportsmemo Radio Show?  Past shows are available on Sportsmemo.com's radio archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, AFL, and PGA? Check out the interactive sports betting posting forum, matchup statistics, power ratings, expert handicapping blogs, and original sports betting articles from the Sportsmemo team that specializes in sports information from a pointspread perspective at Sportsmemo.com.   May 25, 2015 04:17 AM.