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Originally Posted by blackthroatedwind
NY does not break to ten cents above $10 I don't believe.
I'm too weary of this to argue anything else. I may spend a few hours up at DRF going through past data....if not this week then soon.
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Interesting about NY. Didn't realize that.
If you do get into the past data, I'll be very interested in how it comes out.
Also...
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Originally Posted by Dunbar
The average place payoff was about $15. The average breakage on a $2 bet is 10 cents except in NY where it is 5c. 10 cents out of $15 is 0.67%. 5 cents out of $15 is 0.33% So the takeout climbs to 16.67% in Kentucky and 15.33% at AQ.
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I should have written "the average loss to breakage...", not "the average breakage...". But the percentages are correct, except that the NY cost should be the same as the KY/CA tracks for place payoffs above $10.
--Dunbar