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Old 09-11-2020, 09:22 PM   #2
Nitro
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Join Date: Feb 2009
Location: NY
Posts: 19,021
It was doomed from the onset.

There’s no substitute for all the options offered through para-mutual wagering.

If you can’t compete in that betting environment then perhaps you should reconsider playing this great game at all.

And those of you who are constantly worried and perhaps agitated by the take-out %, remember that this percentage is only removed from the betting pools as the betting takes place. The odds and will-pays displayed show “What-You-See-is-What-You-Get” if you have a winning play. If that’s unacceptable, you always have the option to simply pass.

I would think that there should be much more concern about having a reasonably good personal hit frequency and profit margin, because whenever you lose the take-out is 100% of everything you’ve bet. That's a big difference and common sense dictates where the priorities should be.
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