Churchill Downs: The Evil Empire

[t_fin]

How CDI is killing horse racing in the service of lining shareholders’ pockets with casino gold. Solid reporting by an excellent writer.

https://www.usbets.com/churchill-downs-horse-racing-trampling-sport/

[ChiTownJoe]

Puck those greedy pricks, if it wasn\'t for the Derby & Oaks they couldn\'t care less about horse racing.

[Broad Brush]

As a soulless hard nosed business person I understand what they are doing.  As a horseman/ horseplayer I wish they would bundle the tracks with TwinSpires/Brisnet and either spin them off to shareholders or find a buyer that actually wants to be in the racetrack business.

[t_fin]

Here\'s a link to Part 2 of the CDI story:

https://www.usbets.com/demolition-derby-horse-racing-paying-price-churchill-downs/

Will U.S. tracks switch from parimutuel to fixed-odds betting?

[ChiTownJoe]

Sport of Kings in LV tried the fixed odds model in the 90\'s and got crushed. Closed within a year of being opened. Would love to see fixed odds & matchups offered with fair hold percentages. Don\'t think you\'ll ever see it in US.

I always thought a fair model would be to tie the takeout to # of entries. Impossible to beat this game playing into 25% takeouts without huge rebates.