Quote:
Originally Posted by dilanesp
Well, that's because there were almost no exotic racing.
There's an argument that takeout is far lower now because exotic bets allow you to bet multiple horses and only pay one takeout. (Compared to a parlay, where you pay the takeout on each horse.)
Now, at some places WPS takeout is up too, of course. In California, interestingly, WPS takeout is under 16 percent now. For decades it was 17 percent here, so it is a bit lower now.
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While there's "an argument" involving horizontal exotics like daily doubles that mirror parlays, there is no argument about vertical bets like exactas, trifectas and supers. The takeout for these bets is outrageous. Or is it your position that every time any horse is added to a bet another 25% should ripped off from the bettor?
