Here's where we juxtapose.
A Wall Street Journal story on the closing OTB's (wow, those places look just like the last time I was in one in 1992).
And.... a horse racing traders' exchange betting set-up.
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2 comments:
Nice juxtaposition, but to be fair what is the cost of entry for each person in the video?
The OTB people pay the takeout plus a surcharge, and those are very real costs, but they have very little cost associated with making bets and watching the races.
The Betfair setup in the second video costs thousands plus monthly charges for internet access, etc.
Eddie, I'm sure he uses his computer and interne tfor other then betting horses. Great setup... The only extra costs are the 3 monitors.
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