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Originally Posted by Dunbar
I wish that were true, but I seriously doubt it. The 4% Pic4 takeout at Ellis Park caused only a small blip in handle. Bettors would rather try to beat a 20% takeout at the track they're used to than a 4% takeout elsewhere.
Likewise with the drop to 11% (?) at Pimlico. (I can't remember the details of the Pimlico takeout promo).
--Dunbar
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Lower takeout would give the players more money. The Ellis and Pimlico deals are hardly representative of what an overall reduction in takeout could accomplish.