takeout rate

Colonial Downs To Offer ‘Optimal Takeout Rates’ For 15-Day Meet

Following approval from the Virginia Racing Commission (VRC), Colonial Downs, in conjunction with the Virginia Horse Racing Benevolent and Protective Association (VHPBA), is proud to announce among the lowest industry takeout rates on all wagers for the upcoming Colonial Downs race meeting scheduled to open on August 8. The Colonial Downs Group, which has reestablished […]

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Meadowlands: 15 Percent Across-The-Board Takeout Rate Highlights Upcoming Thoroughbred Meet

The Thoroughbreds are back in East Rutherford for 14 all-turf racing cards beginning Wednesday, Sept. 28 as the Meadowlands will now feature the lowest takeout in the country with a 15% rate applied to all wagers. “It’s an exciting experiment that has produced quite a bit of positive feedback,” said Dennis Drazin, advisor to Darby […]

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JACK Thistledown Racino Lowering Takeout Rate

Representatives of JACK Thistledown Racino in Cleveland announced Friday that the takeout rate on wagers at the facility would be lowered, beginning with Saturday’s Ohio Derby card. The track issued the following statement: JACK Thistledown Racino will lower its takeout rate on multi-race pools for the remainder of the season, starting tomorrow with the $500,000 […]

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Woodbine Lowers Takeout Rate on Win Wagers

Woodbine Entertainment Group (WEG) today announced that starting Saturday, April 20, the launch of the 133-date 2013 live Thoroughbred racing season, Woodbine will offer a Win takeout of 14.95%, the lowest in North America. “We have to continue to take care of the loyal horse-playing customer and this is a great way to do it,” […]

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Takeout Rate to Remain 14% for Players’ Pick 5 at Hollywood Park

Betfair Hollywood Park will continue to offer the Players’ Pick 5 at the reduced takeout rate of 14% when the Spring/Summer meet begins Thursday, April 25. The Pick 5, which has the lowest takeout of any multiple race wager in California, is a 50 cent minimum bet offered on the first five races daily. It […]

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