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Is there no link whatsoever between how much the horse's owner gains and how much gambling is there at the hippodrome, at least at the first level (Joe's $2)?
by Deni on Thu Sep 25th, 2008 at 11:57:29 AM EST
How much is the price of admittance, a ticket or seat, at the hippodrome? And refreshments? I've never been to a track myself.

Diversity is the key to economic and political evolution.
by Cat on Thu Sep 25th, 2008 at 01:25:00 PM EST
[ Parent ]
Well at the local track here, the cheap tickets are £7 the expensive tickets £40 In general I go and stand on the city walls and watch for free

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Thu Sep 25th, 2008 at 01:35:18 PM EST
[ Parent ]
The dogs were my thing when I lived in London. I had a another thing about kennel maids.

You can't be me, I'm taken
by Sven Triloqvist on Thu Sep 25th, 2008 at 05:14:49 PM EST
[ Parent ]
You liked to watch them race too?

(sort of like a piece of benny hill fim i assume) ;-)

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Thu Sep 25th, 2008 at 05:34:35 PM EST
[ Parent ]
It's why they called me the Electric Rabbit.

....but the East End was rather trendy in them days - cockney fashion photographers and so forth. Derby night they used to have your basic Kate Mosses of the time take over as kennel maids. Very lively were dog tracks - I loved it. Even worked on a movie about it. Did an interview with the then chairman of British Greyhound Racing, Colonel Satterthwaite. He put us in our place when we wanted a tea break during shooting. "I've never head a tea-break in my life"

Trap 6 was my favourite. Black and White stripes. But the blue dog was often good for an each way. Funny, if a dog had a shit during the parade, there'd be a sudden rush of money to the dog. They never won, or were short priced. I'm not sure what the logic behind it was.

You can't be me, I'm taken

by Sven Triloqvist on Thu Sep 25th, 2008 at 05:54:20 PM EST
[ Parent ]
I'm not sure what the logic behind it was.

Ah well theres the theory that the dogs are deeply crooked, and regular rumours pop up that someone is out to fix races. the usual method quotes is that the kennle girls are payed to "Manipulate" the dogs. in the post manipulation comedown, the dogs are sleepy and will run slower. theory goes that the one dog whos bodily functions still appear to be working normally, hasnt been knobbled. Couple of punters notice that, leap to put money on while they can still get good odds, and  the dogs price starts dropping, which makes other punters think something has been noticed, and round the vicious circle goes.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Thu Sep 25th, 2008 at 06:18:08 PM EST
[ Parent ]
mmm 'k. 8 month mix of that (plus refreshments sales) plus the vig from the bookies plus premium sales of annual showcase derby oughta cover distribution of the purse (daily draws and premium) to horse owners.

Diversity is the key to economic and political evolution.
by Cat on Thu Sep 25th, 2008 at 06:33:10 PM EST
[ Parent ]
It runs the other way.  The gambling pays for the track, stables, and purse and so encourages investment in race horses.  As money available from gambling increases, more people want to invest in raising horses to get a piece of it.  Then the breeders start generating increases internally by charging breeding fees to each other.  To return to the analogy, the breeders are like home buyers taking advantage of loosening mortgages to buy into the real estate boom and get their piece of the action.  Then they flip the property (charge stud fees) to get instant equity realization, which is then plowed back into the game.  Repeat until the wheels fall off the wagon.

The analogy generally works.  Except that when the breeders get in trouble, no one is passing legislation to rewrite their debt terms.  And when the gamblers get in trouble, no one proposes a trillion dollar bail-out; they just get their legs broken.

by rifek on Sun Sep 28th, 2008 at 01:29:20 PM EST
[ Parent ]

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