Where does my money go?
Bit of a hypothetical question here. Just curious if anyone has a good handle on following the money as "we" are certainly contributing this money everyone wants their hands on.
Personally, I want my money that does not get paid to people cashing tickets to go to the track as much as possible. I assume the best way to do this is to bet on track or with NYRA rewards. The real crux of my question is - How much less does then Track see from an OTB dollar? I honestly don't really know.
Here is the question.
I place $667 win wager in the opener at Aqueduct. Due to my ineptitude as a handicapper, my horse does not win and I lose my $667. Assuming all would pay track prices (which is by no means a given). $567 (85%) goes to the folks who had the winner. $100 (15% is the takeout).
Where does the $100 go in each of these three situations?
1) Win Bet Placed on Track
2) Win Bet Placed at OTB
3) Win Bet Placed with ADW
Answer may vary a lot within each category, but really curious if anyone knows generally how much makes it back to the track?
Or maybe I shouldn't care as long as I get a track price...
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