Quote:
Originally Posted by Kasept
They were trying to be the 'industry low'.. which was cute until Canterbury launched the crazily low 10% P5 rake.
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Without knowing how much "overflow" comes from having folks handicap those five races and invest in higher takeout pools as a result, hard to know whether such a takeout is crazy or not. For example, if this rake results in "double handle" in every subsequent exacta/double/P3 pools at 20%+ rake (an exaggeration to make the point), this might be a great business move.