Hollywood Park takeout question.....

[Dunbar]

Originally Posted by SentToStud

You cannot use the Youbet figures. They're not correct. If you added up all the show wagers on all the horses, it comes to far less than $18,588. It totals $15,699.

Ah, I should have checked that. Good catch, STS. That probably means that the Total that YouBet shows reflects all pool money, but the individual amounts are from domestic outlets only. That's just a guess on my part.

Using the $15,699 figure for the total pool, with 15.43% takeout, I get that the payoffs would have been:

6: $2.40
4: $3.00
1: $3.60

These are the same as the actual payoffs, except for the show horse who paid $3.80. Assuming that my guess above is correct, it means that the foreign betting, a whopping 18,588-15,699=$2889, resulted in an increase in the show payoff on the #1 from what would have happened otherwise.

--Dunbar