WO hikes takeout on Breeders Cup Fri & Sat
 

http://blog.horseplayersassociation.org

The Woodbine Entertainment Group, the entity which Canadian horseplayers, through live, OTB and Internet, wager on horse racing, has announced the betting menu for the 2015 Breeders’ Cup has been significantly changed.

Takeout rates for the 19% trifecta, superfecta and pick 3 pools at Keeneland have been increased to 27%, place and show from 16% to 18%, and two horses exotics, super high 5, pick 4 and 5, from 19% to 20%. Only win and the pick 6 were left the same as the host track.

Wow.

My wagering has decreased a fair bit this year, with a large part of that due to my disdain for HPI and their monopoly in Canada. This certainly doesn't help. Anyone with a US address want to adopt me? I'm (somewhat) potty trained :D

I'm sure you could convince someone to adopt you if you'll let that American wager thru your Betfair account :D

These specific changes might only relate to areas where Woodbine is the simulcast hub. Hastings is our hub in BC and massive tri & super takeouts are already standardized for all simulcast wagering via Hastings. (Overall takeouts are even worse via Northlands & Assinboia.) I have sent a request for info to Hastings and will report back.

Here's the deal: those changes are for Woodbine hub bettors (Ontario and east), not all Canadian bettors.

Via Hastings, the usual simulcast takeout rates. In other words, about 30% on tri's and 27% on super's but the Keeneland rates on everything else. (Note, however, that you don't get the usual HPI-BC reward points or TOA rebates for wagers on Keeneland races.)

I don't know what the rates are via Northlands. At Assinboia, the simulcast takeout rates are already so usurious I can't imagine that there would be any further hikes as they're already fleecing the Manitoba bettors as things are.

But no Income tax on winnings.
That's better right? :faint:

only in canada

woodbine are scum bangs.....they make sure canadian residents are blocked from the u.s. adw's, like most things here in canada, they can't compete so we are left with monopolies and oligopolies.

I'll never like take-out again. :ThmbDown: :ThmbDown: :ThmbDown:

If you're really a "donkey's ride from AsD" then you're betting through the AsD hub and you are getting crushed the worst of all on American simulcast wagering because their takeout rates are ridiculous, much worse overall than Woodbine or Hastings.

southern ont players , drive to buffalo raceway.....nice people, 10 cent supers, track takeout and a rebate program.

Stay classy, Woodbine....what's next, PAY TOILETS? :ThmbDown: :ThmbDown: :ThmbDown:

I'm with you. Canada needs another player. And not a fan of their new website, I still play off the old one.

I got a cash back email from WEG stating all I had to wager was 24,990 more for the month to qualify for 5% cash back and only allowed to bet Woodbine racing :lol: :lol: . Are you kidding me!!!

How does that work if you should happen to get a signer?
Does the track still withhold taxes even if you're not an American?