Quote:
Originally Posted by Kasept
We're already not treated equally by rebate structures at every platform and many bricks and mortar venues that give higher volume players an edge.
We're already not treated equally because I can't play on the Exchange Market but New Jersey residents can.
Gulfstream isn't treating us equally by building in an artificial takeout via preferential treatment of volume batch betting groups that destroys the small-medium players.
It's an unusual business and inequities are inherent in it.
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I am not sure its so different then casino's. There are plenty of casinos that alter rules to cater to whales. Even a 100 dollar a hand BJ player gets to play with in essence a smaller takeout. You can get a % of your loses in a rebate at a casino IF you play large enough. The significant difference is you play v the house at a casino but within a parimutual pool in racing. Since the rebates are coming out of the rake of the companies end that is offering incentives does that more adversely effect others in the pool. I dont know, its Wolf and a few others guys I would trust to really know the effects.