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Old 04-06-2009, 10:26 AM
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Dunbar Dunbar is offline
The Curragh
 
Join Date: May 2006
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Default Effective KDFW takeout (non Pamplemousse) was 13.1%

I was curious how much money had been bet on Pamplemousse before betting was "suspended".

Final odds on The Pamplemousse would have to have been 24.2-1 for the track takeout to be 16%. There was $268,880 in the win pool. After 16% takeout there will be $225,859 for the winning entry. If you solve for X in: ($225,859-X)/X = 24.2, you find X = $8962. That's the amount of money that went down the drain on The Pamplemousse in the Future Wager.

Those who bet on Pamplemousse early (and lost their bets) changed the track takeout for those who bet on the other 23 entries from 16% to an effective 13.1%.

--Dunbar
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