11.4% takeout at Laurel?

[SentToStud]

Originally Posted by philcski

...which is a real shame. What these ADW people don't realize is the $1-2 they would lose on a $100 P4 (4% takeout - ~5-6% signal fee) is MORE than made up for by additional wagering on the card. It's common business practice in retail to have "loss leaders" which is precisely what Ellis is doing here. If you could find a list of outlets that aren't taking the bet I'll write a letter on behalf of horseplayers to them.

It is a shame and I'll also write and call those non-participating outlets as well. With 80-90% of total handle off-track I guess for this to really work well they are going to need to amend the signal fee contracts, in effect splitting out the p-4 from other wagers.