Quote:
Originally Posted by Tiznowfan1
The takeout rate is 20% not counting the seeded funds which effectively lowers the takeout. 80 cents of every dollar is either going towards the Jackpot Pool or the Show Pick 5 pool.
Thanks,
Jeremy Clemons
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Because 20% goes to the winner/carryover pool 80% is paid out to the "show parlay" pool. 80% of 80% makes the effective payout 64% not counting the seeded funds. I should have stated the effective takeout is 36% before seeded funds.