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Take Out Rates Win, Place, Show 15% Daily Double & Exacta 17% All other Exotics 21% State Minimums!! As a bettor/gambler, you have to like this.However, there are no pools to speak in win/place/show pools as well as Daily doubles, exactas, triples, etc.Any kind of "big wager" equals stepping on your own money.Would changing the days and times that tioga races help this out?
I would not say he does not care. More like, the public dose not care. Jeffery invested heavily to promote and build a customer base. Never happened and never will. So, why would you keep pissing away money on something that proves not worthy of investment?
So, a 10%20% increase in handle. They now average somewhere around $10K a race. Lets go to the high end, 20% increase grosses $2,000 and if it were all bet on track, yields maybe $400. $180 to the purse account and $180 to the house. The balance to the state. What would be the cost of a 20% increase in handle. I don't know but I am sure we could agree it would be thousands a day. It is a sure bet, Jeffery and company has done the math.
My friend took down a P4 pool, I think he netted over 1K
Would there be more money to be taken if there were bigger pools??