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Make Generational Wealth: Main St vs Wall St Recessions, Portfolio Math, Fed Watchers & Family Offices

Pirates of Finance

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The Big Winners and Losers in the Business Ecosystem Around the Kentucky Derby

This year, they're expecting about 400 million was wagered on the Kentucky Derby. And so their VIG is like 12, 13%. I think. The hurdle rate on just the VIG alone is in dorms. That's a big spread. Do you think it drives enough local business? Or do you think it ends up just actually being a disaster for them? Well, obviously the casino is the big winner.

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