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on who does racing depend
West Australian Racing
Having a beer with a 3 mates this afternoon , the discussion turned to who racing depended upon for its existence and future , at this point i will not disclose the other threes connection to racing but will say they are or have been well connected, it will be interesting to guage what PTT crew thoughts are, in regard to this question?
Comments
THE PUNTER
detonator, Ridersonthestorm33, sonny, Chris likes this post.
sonny likes this post.
sonny likes this post.
Up until the end of last year it was only the PUNTERS
EDIT.....this opinion is in relation to the industry in WA
sonny likes this post.
Nice business model.
RIO, detonator likes this post.
'This sport is all about gambling, it's not about making sure the drivers are happy or the trainers are happy it's about gambling and knowing that these guys that bet their two bucks are getting a fair shake.'
Fastmoney, RIO, Chariotsonfire, sonny, spinking, detonator, Manchild likes this post.
sonny likes this post.
But yes, I get the point that no punter, no money, no anything else. All I am saying is that in Utopia, all parties would be blissfully working together. Right, another scotch and off to the couch to continue dreaming.
spinking, Ridersonthestorm33, Gilgamesh likes this post.
spinking, cisco, RIO, Chelsea likes this post.
Yep as jj says
Basically
It's an economy of it's own
Takes farmers to grow the oats /Lucerne
Feed merchants
Farriers
Trainers
Stablehands
Jockeys
Punters
Stewards
Breeders
Auctioneers
Barrier staff
Gate staff
Tote staff
Food and drink staff
Groundkeepers
Vets
Coming close to a stop but no doubt missed a main one
But as above the list is extensive it's an economy of its own
Agree. But getting back to the original post. No punter no industry.
Not really thats like saying without superannuation theres no stockmarket
Bookmakers pay a levy
A levy is no different to paying a commission to buy a house or commission on some other trade
@-)
Ngawyni, lame, spinking likes this post.
Bookmaker ??? Who puts the money in their bags to pay that levy. THE PUNTER.
That said if the question is on who does racing depend, well obviously everybody because you can't have a race without breeders, trainers, jockeys, barrier attendants etc. Not sure we need bookies :)
spinking, paraletic likes this post.
Who?
;)
RIO likes this post.
It's the Punter and the Punter only. It all starts here. If the punter stops punting the industry falls over. So long as the punter keeps punting the industry will survive in some form.
The rest of the industry is a function of economics. If there is a demand for a product somebody will try to supply it for a profit. The only exception to this is owners as many do this as a social exercise however if we were racing for blue ribbons only rather than prizemoney rest assured the industry would die. There are not enough insane people out there to fork out for a racehorse for a guaranteed loss with no possible return of any description.
detonator, Ridersonthestorm33 likes this post.
Ridersonthestorm33, detonator likes this post.
detonator likes this post.
paraletic, savethegame likes this post.
thefalcon likes this post.