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Ian's point raises a good question for non California residents as well:
If PTC carried all California tracks even if the rebate was 0%, would that be an incentive for residents of other jurisdictions to move some of their action to PTC? For the Breeder's Cup, the rebate was 1% (close enough to 0% to not matter much) but I placed my wagers through PTC to show my support for this operation.
The wagering interface is excellent, providing dutching and batch upload wagering tools which don't yet exist elsewhere, and the customer service has always been great for me. What is really missing, for me, is live video feeds and more track coverage, but it strikes me that this California situation is simply a prototype of what might recurr in state after state to come. I can see no downside to switching my wagering to PTC for each new track/circuit they are able to bring online. For the other tracks, I continue to use my existing, non-rebated, less innovative ADW (HPI).
What is the downside to this approach? I'd encourage California residents to give this a serious think and drop Ian a line.
Ted
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RDSS - Racing Decision Support System™
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