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Originally Posted by DogsUp
Question here....Do tracks expect people to wager on horses no matter the takeout %? My thought would be that Track A would want to lower the takeout % to grab bettors from wagering their money on another track. I always thought that competition would lower the takeout % (cost). Or am I way off base here?
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95% of the bettors don't understand takeout because it is 'behind the scenes'