Author Topic: HOW MUCH DOES A TRACK MAKE ON HANDLE  (Read 4040 times)

0 Members and 1 Guest are viewing this topic.

Locked in with pace

  • Stakes Horse
  • *****
  • Posts: 1237
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

  • Open / FFA
  • ****
  • Posts: 280
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

  • Living Legend
  • *******
  • Posts: 56433
  • HES A GOOD GUY ,FAMILY MAN AND A CHRISTIAN
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

REAL AMERICANS DONT TAKE A KNEE

dinkadoo

  • Elite
  • ******
  • Posts: 5597
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

  • Elite
  • ******
  • Posts: 5597
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

  • Stakes Horse
  • *****
  • Posts: 597
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

  • Elite
  • ******
  • Posts: 2453
  • Winning isn't everything, it's the only thing.
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

  • Stakes Horse
  • *****
  • Posts: 676
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.

 

shout out

Refresh History
  • Sound off !
  • Trigger: Moshe said the rent is going up more than a few shekels
    Today at 10:55:30 AM
  • Calhoun: Bloomberg, Bad Bunny, BullPit,,, all you got to do is get the garbage picked up and run the trains .  The rest is self managed by Hebrew landlords
    Today at 10:50:48 AM
  • Trigger: Mamdani is the closest thing to an accomplished heb in NYC, jews only make up 15% of the pop there.  You give me the word and I'll dig up the corpse of 100 yo Ed Koch  ngc3
    Today at 10:44:09 AM
  • Calhoun: Why can't we get a legit Jew to run NYC? I would refer a beanie/long sideburns type but really any accomplished Hebrew would get my vote.
    Today at 10:38:34 AM
  • Trigger: Excellent point Uncle Kirby, maybe as a reincarnated dimocrap...47 will only round up the hebs and send them back to Gaza, NYC  ngc3
    Today at 10:35:27 AM
  • Kirby's Ace: How can you revive your political career if you get beat by a Communist? When New Yorkers start to leave New York in droves. Is Trump going to round them up and send them back? a
    Today at 10:30:36 AM
  • Trigger: MAGA you've now met your dynamic  counterpart in NYC dem, a Muslim AIDS Virus Communist (with a hottie wife  tmbz1). Go Mamdani!  ;D
    Today at 10:21:50 AM
  • Trigger: RIP Dick Cheney, and move over Satan, as DJT says- "You're Fired"  ngc3
    Today at 09:16:41 AM
SimplePortal 2.3.7 © 2008-2025, SimplePortal