Nice Pick-4 payoffs with the 4% takeout at Ellis

[smuthg]

Originally Posted by Dunbar

To see the power of a 4% takeout, just take a look at yesterday's 4% Pick-4 at Ellis.

The winners of races 8-11 paid $10.80, $5.00, $12.00, $22.80.

What if Saratoga's 25% Pick-4 takeout had been in effect at Ellis? Then yesterday's $1 Pick-4 payoff would have been $1071. But with the 4% takeout, it paid $1371, not $1071. That extra $300 (an extra 28% profit) is what the 4% takeout brings to the game.

IMO, anyone who is not betting the Ellis Pick-4 is:
(1) missing out on what at the moment is the best bet in racing, and
(2) missing out on a chance to help the future of race betting, and therefore, the sport itself.

--Dunbar

or, in my case (3) stuck in a state (e.g. Missouri) that hates horse racing and bans account wagering.