Quote:
Originally Posted by Tiznowfan1
I understand it may be confusing the way we needed to operate the wager. From the $1 base wager. 20 cents is placed into the Jackpot pool (16 cents after takeout) and 80 cents is placed in the Show Pick 5 pool (64 cents after takeout). So the takeout rate is 80 cents for every $1 base wager. That is the max takeout before considering the added value of the seeded funds.
Hope that helps.
Thanks,
Jeremy Clemons
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We're on the same page. I'm only contending that the effective takeout for the show pool is 36%. In other words if there was no jackpot carryover, 80% would be paid out to the show pool. Because 20% after takeout goes to the carryover the return to the show pool becomes 64%.