New York Breakage

[Figman]

NY has the reputation for nickle breakage while most every other racing state breaks to the dime. However, NY breaks to the nickle only on smaller payouts. Here is the breakage rule from Section 229 of the NY Racing Law:

The breaks are hereby defined as the odd cents over any multiple of five for payoffs greater than one dollar five cents but less than five dollars, over any multiple of ten for payoffs greater than five dollars but less than twenty-five dollars, over any multiple of twenty-five for payoffs greater than twenty-five
dollars but less than two hundred fifty dollars, or over any multiple of fifty for payoffs over two hundred fifty dollars.

[VetScratch]

Figman,

Thanks... have been curious why NYRA payouts in results files always seemed a little goofy as if nickel breakage had a ceiling.

Do you know if any of the other few tracks that use nickel breaks also have breakage tiers?

I seem to recall that someone recently posted some Canadian results that imply breakage is abandoned for very small payouts that approach the statutory minimum. Do you know anything about similar floors on breakage?