ADW situation - Lets see if I understand correctly

[Scav]

Originally Posted by GBBob

Where are you getting this 53% figure?

They said they paid 277k, so if you take the 567k figure that Mes posted.

I have it as them paying 49% of the take back to the purses, so they are keeping 51% of it.

So 53% was incorrect, I am just trying to understand it, so I can figure out a solution, and then make a bunch of money on the solution

[SniperSB23]

Originally Posted by Scav

They said they paid 277k, so if you take the 567k figure that Mes posted.

I have it as them paying 49% of the take back to the purses, so they are keeping 51% of it.

So 53% was incorrect, I am just trying to understand it, so I can figure out a solution, and then make a bunch of money on the solution

Yes, cause clearly the logical solution is that the money needs to be split up among more entities.

[mes5107]

Originally Posted by Scav

They said they paid 277k, so if you take the 567k figure that Mes posted.

I have it as them paying 49% of the take back to the purses, so they are keeping 51% of it.

So 53% was incorrect, I am just trying to understand it, so I can figure out a solution, and then make a bunch of money on the solution

That 277k was paid for purses, however part of that time, what is now twinspires was still americatab, which was under Beulah for some of that time, skewing the numbers.