Boscar Obarra: For all we know its the rebate whales that like the high takeout and pressure the tracks to keep it that way.

TGJB: No, it\'s not. It\'s against their interest, as I explained somewhere on this string.

Boscar Obarra: I looked at your posts on this thread , and didn\'t see any reference.

 My theory is, that a high takeout makes the price on contenders unappealing (unplayable) to non rebated players, but playable for those getting. It may be a subtle point, but I\'m sure it\'s not lost on batch bettors.

 If the takeout is drastically lowered, the rebate will be cut sharply. So for example, maybe a horse goes off 2-1 anyway (same price as the higher takeout) as that\'s the price the public will accept as a minimum. But, there\'s no longer a 5-8% rebate to be had.

 So that particular edge will be gone.

TGJB: https://www.thorograph.com/phorum/read.php?1,97751,97909#msg-97909

It was on another string.