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Search took 0.01 seconds. Search: Posts Made By: EagleEye Po

Forum: General Racing Discussion

12-04-2023, 03:38 PM

Replies: 17

What is Pari-Mutuel Wagering??

Views: 1,686

Posted By EagleEye Po

Pari-Mutuel wagering is not like every single...

Pari-Mutuel wagering is not like every single industry despite what the industry may tell you. What makes it unique is it requires a level playing field. When one group is given a mathematical...

Forum: General Racing Discussion

12-03-2023, 08:57 AM

Replies: 17

What is Pari-Mutuel Wagering??

Views: 1,686

Posted By EagleEye Po

What is Pari-Mutuel Wagering??

If I was attending the UA RTIP Racing Symposium I'd ask stakeholders/panelists how they reconcile the definition of Pari-Mutuel Wager (PMW) with the offering of rebates.
...

Forum: General Racing Discussion

01-08-2022, 06:04 AM

Replies: 5

Takeout Rates for NA/International TB Tracks

Views: 1,215

Posted By EagleEye Po

Payouts are broken to a nickel

Payouts are broken to a nickel

Forum: General Racing Discussion

01-07-2022, 03:38 PM

Replies: 5

Takeout Rates for NA/International TB Tracks

Views: 1,215

Posted By EagleEye Po

@hpi Chart updated to reflect Sam Houston exactor...

@hpi Chart updated to reflect Sam Houston exactor reduction to 20% and the
@TheNYRA P6 takeout is higher on 'select days'. Select days are non-carryover days where NYRA takeout is 15%, Woodbine...

Forum: General Racing Discussion

01-04-2022, 05:56 AM

Replies: 5

Takeout Rates for NA/International TB Tracks

Views: 1,215

Posted By EagleEye Po

Takeout Rates for NA/International TB Tracks

Takeout Rates for North American and International Thoroughbred Racetracks highlighting the higher takeout charged by Woodbine's Canadian online monopoly HPI Bet.

Forum: General Racing Discussion

06-12-2021, 10:07 AM

Replies: 8

TAKEOUT RATES for over 120 Cdn, USA and Int'n Race Tracks

Views: 1,928

Posted By EagleEye Po

Mike you are correct that breakage in Canada is...

Mike you are correct that breakage in Canada is different as we break to $.05 and the US is $.10. At the same time and as a result of our breakage rule the minimum wager amount in Canada is $.20. ...

Forum: General Racing Discussion

06-01-2021, 03:17 PM

Replies: 8

TAKEOUT RATES for over 120 Cdn, USA and Int'n Race Tracks

Views: 1,928

Posted By EagleEye Po

Any track under 18% was increased to 18, with the...

Any track under 18% was increased to 18, with the exception of CA.
Any track 18% or higher was not increased. I am not aware of their rational.

Forum: General Racing Discussion

06-01-2021, 06:51 AM

Replies: 8

TAKEOUT RATES for over 120 Cdn, USA and Int'n Race Tracks

Views: 1,928

Posted By EagleEye Po

I think a lot of people make that assumption...

I think a lot of people make that assumption Russ. In fact it is a private corporation that is abusing their Canadian monopoly and taking money out of the pockets of Canadians who cash winning...

Forum: General Racing Discussion

05-29-2021, 05:53 AM

Replies: 8

TAKEOUT RATES for over 120 Cdn, USA and Int'n Race Tracks

Views: 1,928

Posted By EagleEye Po

TAKEOUT RATES for over 120 Cdn, USA and Int'n Race Tracks

TAKEOUT RATES for over 120 Cdn, USA and Int'n Race Tracks highlighting the inherent competitive statistical disadvantage Canadians face because #Woodbine increases the takeout on USA pools-thereby...

Forum: General Racing Discussion

08-29-2020, 09:14 AM

Replies: 5

Wagering on a Canadian track fron the US

Views: 767

Posted By EagleEye Po

The one exception is if an American has a unique...

The one exception is if an American has a unique ticket and scoops the jackpot pool. They are wagering $US to win the Canadian dollar pool.
Alternatively, Canadians have an advantage if they scoop...

Forum: General Racing Discussion

08-04-2020, 04:44 AM

Replies: 9

North American Takeout Rates and the Woodbine Winners Tax

Views: 2,689

Posted By EagleEye Po

This is not my list. This is the list Woodbine...

This is not my list. This is the list Woodbine creates. Inverness Raceway is not offered on HPI.

Forum: General Racing Discussion

08-02-2020, 08:37 AM

Replies: 9

North American Takeout Rates and the Woodbine Winners Tax

Views: 2,689

Posted By EagleEye Po

North American Takeout Rates and the Woodbine Winners Tax

Attached are takeout rates for most North American and some International Racetracks. The information was gleaned from the rate sheet provided by Woodbine, also attached. If you find any errors...

Forum: General Racing Discussion

05-11-2020, 08:37 PM

Replies: 5

Betting on Hong Kong races from Canada

Views: 1,054

Posted By EagleEye Po

I believe Xpressbet offers Hong Kong. As a...

I believe Xpressbet offers Hong Kong. As a resident of Alberta you can open an Xpressbet account through the Rocky Mountain Turf Club.

Forum: General Racing Discussion

11-13-2019, 08:08 AM

Replies: 29

HPI Takeout Rates vs Host Track

Views: 4,798

Posted By EagleEye Po

Win is 14.95%. Place and Show are 16.95%. They...

Win is 14.95%. Place and Show are 16.95%. They are the only track in NA that I am aware of that charges more for place and show.
If you are willing to share I would love know what ADW offers a 7%...

Forum: General Racing Discussion

11-12-2019, 04:57 PM

Replies: 29

HPI Takeout Rates vs Host Track

Views: 4,798

Posted By EagleEye Po

Sadly Betfair abandoned Canada 3-4 years ago. ...

Sadly Betfair abandoned Canada 3-4 years ago. But it was 6% when they were here.

Forum: General Racing Discussion

11-12-2019, 04:51 PM

Replies: 29

HPI Takeout Rates vs Host Track

Views: 4,798

Posted By EagleEye Po

Which exchange are you referring to?

Which exchange are you referring to?

Forum: General Racing Discussion

11-12-2019, 01:55 PM

Replies: 29

HPI Takeout Rates vs Host Track

Views: 4,798

Posted By EagleEye Po

Takeout rates on some wagers can be different in...

Takeout rates on some wagers can be different in each province. I hope to provide a takeout chart for each province in the near future. If you have Manitoba's HPI takeout rates I would appreciate if...

Forum: General Racing Discussion

01-14-2019, 04:50 PM

Replies: 29

HPI Takeout Rates vs Host Track

Views: 4,798

Posted By EagleEye Po

Thanks for clarifying Jason. The point I am...

Thanks for clarifying Jason. The point I am making is that the lower payout prices on HPI vs US host tracks are strictly the result of WEG charging a higher takeout rate. In the example earlier in...

Forum: General Racing Discussion

01-14-2019, 02:10 PM

Replies: 29

HPI Takeout Rates vs Host Track

Views: 4,798

Posted By EagleEye Po

The exchange rate has zero effect on payout...

The exchange rate has zero effect on payout prices. If you wager in Canadian dollars you get paid in Canadian dollars. Similarly if you wager $US, you get paid in $US. As Gorrex notes such is...

Forum: General Racing Discussion

01-13-2019, 07:43 PM

Replies: 29

HPI Takeout Rates vs Host Track

Views: 4,798

Posted By EagleEye Po

Henry, interesting that you mention the US tax on...

Henry, interesting that you mention the US tax on winnings. Industry types who support jacking up the HPI takeout rates use that as part of their rationalization. IMO that is a specious argument at...

Forum: General Racing Discussion

01-11-2019, 09:07 AM

Replies: 29

HPI Takeout Rates vs Host Track

Views: 4,798

Posted By EagleEye Po

Henry do you reside in Canada? FWIW, in...

Henry do you reside in Canada?

FWIW, in Canada gambling winnings are not taxable. It is not a HPI decision. However WEG does use the fact that winnings are not taxable in Canada to rationalize...

Forum: General Racing Discussion

12-29-2018, 07:32 AM

Replies: 29

HPI Takeout Rates vs Host Track

Views: 4,798

Posted By EagleEye Po

HPI Takeout Rates vs Host Track

If you are a Canadian horseplayer wagering via Woodbine's Horseplayer Interacative (HPI) the attached chart lists the takeout rate charged for each type of wager for each US simulcast racetrack. ...

Forum: General Racing Discussion

11-12-2016, 08:57 AM

Replies: 45

Breeder's Cup Tweets

Views: 3,149

Posted By EagleEye Po

A complimentary article which illustrates...

A complimentary article which illustrates Teresa's point.

https://blinkers-off.com/2016/11/11/individuals-institutions-and-that-breeders-cup-tweet/

Forum: General Racing Discussion

11-08-2016, 07:16 PM

Replies: 73

How did this Breeders Cup stack up with the rest?

Views: 4,104

Posted By EagleEye Po

[QUOTE=the little guy]The BC Betting Challenge. ...

[QUOTE=the little guy]The BC Betting Challenge.

What was the BC Betting Challenge handle?....thx.

Forum: General Racing Discussion

04-10-2015, 05:14 PM

Replies: 87

Woodbine adds thoroughbred $0.20 Pick 5

Views: 7,856

Posted By EagleEye Po

Woodbines takout rates. Note Ontario residents...

Woodbines takout rates. Note Ontario residents are hit with an additional 1.3% takeout verse their international competitors!

ASSOCIATION PERCENTAGE, AND TAXATION/LEVY
The Woodbine Entertainment...

Showing results 1 to 25 of 51

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