OTB Remains A Sure Bet

Governor Paterson and Mayor Bloomberg crossed the Finish Line with a last minute agreement to save Off-Track Betting in New York City. The deal is pending approval by both houses of the New York State Legislature. The pact is somewhat complicated with many financial considerations for both sides. No details will be discussed here. Suffice to say, Mayor Bloomberg’s gamble to close OTB offices in the city unless New York received a bigger share of the profits apparently worked. Albany chose to "bite the bullet" that might have sent OTB to "the glue factory." The compromise between the city and state guarantees the jobs of 1,500 OTB workers and no doubt pleases the many hundreds of thousands of pony-players who bet throughout the Big Apple. Well, it probably pleases them only until their horses finish out-of-the-money! And now, some famous quotes … A racehorse is an animal that can take several thousand people for a ride at the same time. ~Author Unknown … I bet on a horse at ten-to-one. It didn't come in until half-past five. ~Henny Youngman … A race track (OTB?) is a place where windows clean people. ~Danny Thomas