Author Topic: Penny breakage on bets in New York State today starting 9-1-25  (Read 6922 times)

0 Members and 1 Guest are viewing this topic.

sledge hammer

  • Stakes Horse
  • *****
  • Posts: 1681
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #15 on: September 02, 2025, 11:00:26 AM »
Of course yesterday Yonkers was the only NY track not on board with the change.
Almost to be expected from them...

Mr.Turnpike

  • Stakes Horse
  • *****
  • Posts: 998
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #16 on: September 02, 2025, 11:42:33 AM »


   It’s dead it’s no fun and shity people close them all down and invest in something worth while

Oliver Clozoff

  • Open / FFA
  • ****
  • Posts: 322
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #17 on: September 02, 2025, 06:02:10 PM »
means nothiing
If a horse pays $2.19 instead of $2.10 that's 49% more profit. That's something significant if you bet that way. I only bet pick 5's so you're right it doesn't mean much to me.

PIGLAND

  • Living Legend
  • *******
  • Posts: 165193
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #18 on: September 02, 2025, 06:03:56 PM »
Of course yesterday Yonkers was the only NY track not on board with the change.
Almost to be expected from them...
what is their benefit of not giving it to the player? i thought that money went to the state

Oliver Clozoff

  • Open / FFA
  • ****
  • Posts: 322
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #19 on: September 02, 2025, 06:19:58 PM »
what is their benefit of not giving it to the player? i thought that money went to the state
The state used to get all of it but that changed at some point

McKenna said that NYRA retains approximately $800,000 a year from the current state rules on breakage. Separate chunks of breakage go to the New York State Gaming Commission, depending on the bet type and the origin of the bet. New York’s other tracks would also retain lower revenues from betting with the reduction. 

Papillon

  • Elite
  • ******
  • Posts: 2609
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #20 on: September 02, 2025, 06:26:40 PM »
what is their benefit of not giving it to the player? i thought that money went to the state

the ADWs like FanDuel, Twinspires, Xpressbet get the most of the free round down money, the tracks get a smaller piece

Yonkers1A

  • Elite
  • ******
  • Posts: 2190
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #21 on: September 03, 2025, 07:57:02 AM »
My Finger Lakes P4 yesterday went from $9.50 to $9.51, not sure what I’m going to do with this windfall

Oliver Clozoff

  • Open / FFA
  • ****
  • Posts: 322
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #22 on: September 03, 2025, 10:46:44 AM »
My Finger Lakes P4 yesterday went from $9.50 to $9.51, not sure what I’m going to do with this windfall
Tellers dont stock pennies so you aint getting it anyway😂

SwankToliverA

  • Stakes Horse
  • *****
  • Posts: 1397
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #23 on: September 03, 2025, 04:56:02 PM »
My Finger Lakes P4 yesterday went from $9.50 to $9.51, not sure what I’m going to do with this windfall


Next rounds on you  ngc3
An extra penny, too funny  ngc3

Grandstand Handicapper

  • Elite
  • ******
  • Posts: 2545
  • Which wolf wins? The one you feed.
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #24 on: September 04, 2025, 08:09:43 PM »
If a horse pays $2.19 instead of $2.10 that's 49% more profit. That's something significant if you bet that way. I only bet pick 5's so you're right it doesn't mean much to me.

You might want to check your math there, but, regardless, I never thought the track, state, or anyone should get this money. All monies should be returned to the bettors.

SAW

  • Stakes Horse
  • *****
  • Posts: 1903
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #25 on: September 04, 2025, 10:41:37 PM »
I'm talking harness tracks, unless they lowered them too. It doesn't matter to me because I never play them anyway.

Yes, they are 25/26% at harness tracks in PA......

Here's a handy link for N.A. harness tracks......

 https://www.google.com/maps/d/viewer?ll=42.1480493202502%2C-76.08052953124998&spn=28.883218%2C69.965419&hl=en&gl=ca&oe=UTF8&msa=0&source=embed&ie=UTF8&mid=126r_74z9cDQlxnU5QGOjR5ErwKc&z=7

SwankToliverA

  • Stakes Horse
  • *****
  • Posts: 1397
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #26 on: September 04, 2025, 11:01:55 PM »
Yes, they are 25/26% at harness tracks in PA......

Here's a handy link for N.A. harness tracks......

 https://www.google.com/maps/d/viewer?ll=42.1480493202502%2C-76.08052953124998&spn=28.883218%2C69.965419&hl=en&gl=ca&oe=UTF8&msa=0&source=embed&ie=UTF8&mid=126r_74z9cDQlxnU5QGOjR5ErwKc&z=7


It's pretty sad looking at the map on your link and seeing far too many tracks listed, that are no longer open.

Kenny

  • Stakes Horse
  • *****
  • Posts: 690
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #27 on: September 05, 2025, 09:58:49 AM »
That seems like a big number.  Where did the $44m number come from?

If the calculated payout is $4.39 the wager pays $4.20. that is every bet every race every day.

Lockedin with Pace

  • Open / FFA
  • ****
  • Posts: 301
Re: Penny breakage on bets in New York State today starting 9-1-25
« Reply #28 on: September 05, 2025, 11:58:06 AM »
Unless you're in a state like NY that pays $3.10 instead of $3

 

shout out

Refresh History
  • Sound off !
  • Sweet: How about a little warning, not NSFW, NSWE (Not safe while eating)  ;D
    June 07, 2026, 10:25:57 PM
  • Ignorance Is Bliss: Think his wife knows? [link] [link]
    June 07, 2026, 08:36:22 PM
  • Ignorance Is Bliss: [link]
    June 07, 2026, 08:35:07 PM
  • Sweet: Complain  ngc3 to whom Kirby's Ace?  ngc3  Plop?  ngc3 -just stating the logic and future!  ;D
    June 07, 2026, 06:33:03 PM
  • Kirby's Ace: And ou say I'm a complainer! Damn!
    June 07, 2026, 05:42:18 PM
  • Sweet: Who wants to gamble in a stupid bullsh!t game, F'ing riduculous, 4/5, 1-1 same 6 horse field, c'mon, why not bet sports.  10% vig over there 25% or so.  F horse racing, can't wait to get out and stay out of gambling on it!  ;D
    June 07, 2026, 04:21:45 PM
  • Sweet: Dream News reporting...Canad ian scientists working tirelessly last night to this morn have determined from the samples, BJ is to be declared the winner, BB & OOMM both came back positive and they're both suspended along with their trainers. BJ is still 16 / 16!  Oh Canada indeed! The streak continues!  ;D
    June 07, 2026, 11:23:03 AM
  • Sweet: OMG CHRIS CHRISTOFOROU is back  ngc3
    June 06, 2026, 11:51:34 PM
SimplePortal 2.3.7 © 2008-2026, SimplePortal