takeout

Indiana Commission Approves Low Takeout Pick 5, 94-Day Meet At Indiana Grand

The Indiana Horse Racing Commission unanimously approved Indiana Grand’s modified request for race dates in 2020. The 94-day season will begin on Monday, June 15th and finish on Wednesday, November 18th on a Monday through Thursday basis with four select Saturdays of Quarter Horse-only racing over the span of the meet. Also approved as a […]

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Charles Town Adds Pick 5 To Wagering Menu With 12 Percent Takeout

Following its resumption of live racing and a three day stretch that produced the highest single-week wagering volume in track history, Hollywood Casino at Charles Town Races will be augmenting its wagering menu by adding a Pick 5 that covers the final five races of the card beginning with its next live program coming up […]

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TIF: Understanding Takeout, And Why It Matters So Much To Horseplayers

Ogden Mills Phipps, former chairman of both The Jockey Club and New York Racing Association and a legendary owner and breeder, heartily advocated for lower takeout nearly five decades ago. In December 1976, Bloodhorse outlined the Phipps plea, a source of great concern given the rising competition in the New York market. “With continuing declines in track […]

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Churchill’s Wagering Menu To Include Two 50-Cent Pick 5s, Return Of 20-Cent Single 6 Jackpot

Full fields and large wagering pools are anticipated for the start of the Churchill Downs Spring Meet. Included daily will be at least two 50-cent Pick 5s, three 50-cent Pick 4s and the return of the 20-cent Single 6 Jackpot. Each day’s program will begin with the low takeout 50-cent Pick 5 (Races 1-5). The […]

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‘We Need To Get In The Game’: McIngvale Urges Racing To Embrace Lower Takeout, Millennials’ Thirst For Sports Betting Action

Jim McIngvale, aka Mattress Mack, is a legendary Houston, Texas, furniture store owner who’s brought his unique brand of marketing to the Thoroughbred world. If you’re not familiar with his medication-free champion sprinter Runhappy, the Claiborne Farm stallion he’s been promoting the last several years, there’s no point in reading any further. You’re clearly from […]

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Thoroughbred Idea Foundation: A California Wake-Up Call

Given the feedback the Thoroughbred Idea Foundation has received in the last week, it’s fair to suggest that last week’s edition of #FreeDataFriday served as a bit of a wake-up call. Expect more this week. We cannot say this any simpler: American racing does not have a fair and equitable split of the takeout dollar, […]

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Thoroughbred Idea Foundation: New Golden Hour Double Wager ‘Deserves Horseplayer Support’

Saturday marks the launch of the Golden Hour Double, a two-race bet requiring winners to pick the winners of last races of the day at both Santa Anita and Golden Gate Fields. Takeout will be a friendly 15% and perhaps more interesting, the bet minimum increases to $5. This is a laudable experiment, deserves horseplayer […]

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Santa Anita, Golden Gate Combine To Introduce ‘Golden Hour Double’ On Feb. 29

Santa Anita Park and Golden Gate Fields have combined forces to offer an exciting new wager beginning Saturday, Feb. 29. Dubbed the “Golden Hour Double,” the new wager requires players to select the winners of the last race at each track. With a five dollar minimum, the Golden Hour Double features a player friendly low […]

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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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