Author Topic: HOW MUCH DOES A TRACK MAKE ON HANDLE  (Read 2922 times)

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Locked in with pace

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HOW MUCH DOES A TRACK MAKE ON HANDLE
« 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?

Ohracing

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Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
« Reply #1 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.

LUCPARK

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Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
« Reply #2 on: February 13, 2023, 11:52:12 AM »
santa anita ..kills it

handles crazy good..

so does gulfstream and belmont park

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dinkadoo

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Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
« Reply #3 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.

dinkadoo

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Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
« Reply #4 on: February 13, 2023, 02:26:07 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.

American Sniper

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Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
« Reply #5 on: February 15, 2023, 11:52:40 AM »
 EASY ANSWER   THAT MAKES WAY TOO MUCH SENSE. ;D

AGUA CALIENTE

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Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
« Reply #6 on: February 15, 2023, 03:31:28 PM »
So why in the f*** you in Standardbreds, Rocco.

MikeAnt

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Re: HOW MUCH DOES A TRACK MAKE ON HANDLE
« Reply #7 on: February 16, 2023, 12:18:22 AM »
santa anita ..kills it

handles crazy good..

so does gulfstream and belmont park
Woodbine kills it.

 

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