Author Topic: Monticello Website  (Read 4986 times)

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Papillon

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Re: Monticello Website
« Reply #15 on: January 07, 2026, 05:11:48 PM »
Each race has a 15-25% takeout. Where does that money go?

rebates

most of the CAW action receives at least 50% or more of the takeout back as a rebate.... since they account for over 50% of the handle--Monti doesn't receive much


Calhoun

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Re: Monticello Website
« Reply #16 on: January 07, 2026, 05:42:21 PM »
Each race has a 15-25% takeout. Where does that money go?
I asked Google AI:

Monticello harness track what percentage of wagering comes from ADWs?

No exact figures available for Monticello. 

But it did say:

Revenue Distribution: In typical modern racing models, ADW operators often receive a larger percentage of the takeout than the track and purse accounts combined, frequently leaving the track with only about 3% to 5% of the ADW handle as a fee.

I remember Monti handle rose dramatically during/after Covid. The AI also mentioned the track greatly expanded its ADW side of things.


 

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