The case for higher minimum bet denominations
20 and 50 cent bets have negative effects on the sport.
Dean Towers is critical of the low minimum bets. He believes that the betting game is less attractive because of this. The old minimums allowed the crowd to spread the sequence of bets, which inflated the value of horses. Now the older customers are less interested in spread tickets and they try to sniff out horses others are betting on. Dean Towers believes the game should be more like slot machines. It is not about the top line but what's bubbling beneath the surface. The game's edge is "bet a little to win a lot". It's about "Bet a bit and maybe you'll break even".
