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General Category => Harness Racing => Topic started by: Locked in with pace on February 13, 2023, 10:26:43 AM

Title: HOW MUCH DOES A TRACK MAKE ON HANDLE
Post by: Locked in with pace on February 13, 2023, 10:26:43 AM

Does anyone know what a track makes when the handle $3 million with 95% off-track vs $2.5 Million with 95% off-track?

Title: Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
Post by: Ohracing on February 13, 2023, 11:48:09 AM

The off track handle is different with each simulcast location they have different contracts around 3% which they split in some way with the horsemen. Tracks may skim off the top.  8% on live handle that they usually are splitting 50/50 with the horsemen.

Title: Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
Post by: LUCPARK on February 13, 2023, 11:52:12 AM

santa anita ..kills it

handles crazy good..

so does gulfstream and belmont park

Title: Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
Post by: dinkadoo on February 13, 2023, 02:23:15 PM

Daily Racing Form had a story Pre-Pandemic after the California tracks went thru some negotiating with Internet Wagering companies.

Pretty much said that tracks get between 3-5% from off track. More or less depending on the need for your signal.

On track is setup by state with different takeout percentages for different types of bets. You will see some advertising that a pick 4 or other exotic wager is boasting a smaller 15% takeout.

Title: Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
Post by: dinkadoo on February 13, 2023, 02:26:07 PM

Quote from: dinkadoo on February 13, 2023, 02:23:15 PM

Daily Racing Form had a story Pre-Pandemic after the California tracks went thru some negotiating with Internet Wagering companies.

Pretty much said that tracks get between 3-5% from off track. More or less depending on the need for your signal.

On track is setup by state with different takeout percentages for different types of bets. You will see some advertising that a pick 4 or other exotic wager is boasting a smaller 15% takeout.

Which this goes back to -- Why Doesn't harness racing industry ( maybe the USTA ) for an off track wagering company that could give tracks better rates -- to entice you can kick in a solid rewards program along with free programs and stop giving companies like TVG and Xpressbet, etc... the lionshare of the profits.   Take some of the proceeds to support a nightly show to help promote the business like a TVG or Fox's America Day at the Races.

Title: Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
Post by: American Sniper on February 15, 2023, 11:52:40 AM

 EASY ANSWER   THAT MAKES WAY TOO MUCH SENSE. ;D

Title: Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
Post by: AGUA CALIENTE on February 15, 2023, 03:31:28 PM

So why in the f*** you in Standardbreds, Rocco.

Title: Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
Post by: MikeAnt on February 16, 2023, 12:18:22 AM

Quote from: LUCPARK on February 13, 2023, 11:52:12 AM

santa anita ..kills it

handles crazy good..

so does gulfstream and belmont park

Woodbine kills it.