Takeout Rates information

[Benny]

Originally Posted by Dunbar

This was posted May 2020 in the Paulick Report and mentions how hard it is to find an up to date set of takeout rates:

"Good luck finding accurate, regularly-updated information.

"Until 2017, a “grass roots horseplayer organization” known as the Horseplayers Association of North America maintained an annual list of takeout rates and tied them to track rankings. Racing's customers are generally left in the dark otherwise, though some ADWs, like AmWager, note the takeout on their betting platform, but information is not always complete, and even when it is known, it might not give you a realistic portrayal of cost."

looks like drf, brisnet should stepup on this

[Alabama Stakes]

One thing for sure, if there is a nice low take out on a particular wager, they mention it ALL the time, the other high takeouts never get mentioned. You always hear oh the pick 5 with that low 15% takeout starts on race 6. You don’t hear, oh the late pick 4 with the ridiculous 24% take out starts on the 7th race...

I see that Cantebury Park has only 10 percent takeout on Pick 5 as advertised on their website and was just curious if other tracks follow the same way

Thanks for the info

[Kasept]

Originally Posted by helicopter11

I see that Cantebury Park has only 10 percent takeout on Pick 5 as advertised on their website and was just curious if other tracks follow the same way

Thanks for the info

As the newest of the big multi race wagers, the P5 became the value takeout wager. Before the seasons started, Indiana dropped the P5 to 11.99% hoping to have the lowest rake, but weeks later CBY announced the 10%. NYRA has the 15% late P5 with the added enhancement of excluding the CAW teams.

The odd part of this scenario of course is that big multi-race sequences don't particularly need the hyper aggressive low takeout the way higher churn wagers like WPS and smaller multi-race/multi-horse bets do.

Emerald this year crafted 15% superfectas. I tracked it for the first week and it seemed to be having a positive effect, but small sample under weird conditions, etc.

[Dunbar]

Originally Posted by Benny

looks like drf, brisnet should stepup on this

I agree.

Brisnet used to do it:

http://www.brisnet.com/cgi-bin/stati...out&header=off

The note at the bottom says it was last updated in April, 2008!