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Originally Posted by andymays
I don't know why you don't get this.
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I get it just fine.
Takeout goes up by 15% for 80% of the pools. That means that 8 out of ten dollars bet at the track get taxed at a higher rate.
So now they put a pick 4 for about 10-15% of the pools down to 10% takeout.
The weighted average takeout
is still higher.
California racing is like dating a heroin addict. Sometimes you just have to cut her loose.
