Author Topic: Race 1 Harrahs PHl  (Read 5382 times)

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Papillon

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Re: Race 1 Harrahs PHl
« Reply #15 on: June 22, 2025, 10:56:18 AM »
The track keeps ALL of these takeouts on ALL of the handles so what about the 3-4% simulcast money they get per race exporting the signals, is that added on to the 20-25% takeouts?

this is absolutely incorrect

a portion of the takeout goes to state and local taxes
a portion goes to funding purses
a portion goes to the ADW or outlet where the bet is made
rebates--for major players--about 50% of that takeout goes back to them-for smaller players-its is still 5% or so
Elite Turf Club receives over 50% of the takeout

 

shout out

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