Quote:
Originally Posted by Port Conway Lane
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.
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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