Many Most of us are old enough to remember the Sport Of Kings fixed-odds fiasco.
But now, as Alphonse \"Big Boy\" Caprice would say, I\'m having a thought.
Perhaps some variation of the following would work: The tracks contract with, or buy the system of, or develop a comparable method to the biggest, baddest, most-hoovering whale in the American horse racing world.
Because that guy knows fair odds.
(Perhaps the odds would be slightly adjusted by rebate percentage, or rebates would be offered to everybody or whatever.)
Could this be successful in some form?