Quote:
Originally Posted by ZippyChippy423
So the take out percentage from out of state betting was nearly 21% but those OTB hubs get only 8%? That seems a lot less then what I thought. Is this the norm with any simulcasted venue?
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We have to remember that for the out-of-state betting that it is someone else who is funding the purses, etc.
I didn't bother to do the math, but I'd guess that SA
nets more out of the 8% part than they do from the in-state betting at the higher percentage.
Simply far less expenses.
