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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (79832)4/18/2000 1:41:00 PM
From: Freedom Fighter  Respond to of 132070
 
Barb,

Different states have different takeouts and breakdowns of where it goes.

A portion of the whole amount goes to the state and a portion goes to the track for operations and purses.

Generally the exotic wagers have higher takes than the win, place and show pools but that was not always the case. I believe the takeout in NY on win bets is now 15%. It's higher for exactas, triples etc....

Wayne