Quote:
Originally Posted by Poindexter
You should elaborate a lot more. If people are getting rebates they are getting rebates. Many are excluded from rebates and have to use one of the major ADWS. So the public should be aware of the differences between betting with one sight or another and what percentage of their handle makes it to the host track if there is a difference. If there is an article that explains all this link it. Why is TVg and Drfbets parasitic and why is Nyra bets so good. Present the numbers so people know. Where does twinspires and xpressbet and amwager or any others fit into the equation.
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The most succinct summary was a Paulick Report story from 2015.
Link :
https://paulickreport.com/news/monar...rd-live-racing
Simulcast agreements are kept private, but it’s believed most tracks pay between 3 and 6 percent for the right to import a signal for wagering purposes, with premium tracks ... at the high end of that scale and smaller tracks ... on the low end.
That host fee is generally divided 50/50 between the track and horsemen presenting the live races, which means between 1.5 percent and 3 percent of every simulcast dollar wagered goes to purses at that track (the same amount helps the track owner presenting live racing pay operating expenses). The remaining 14 to 17 percent of the takeout (minus expenses) stays at the simulcast location (based on a blended takeout rate of 20 percent).
If that track offers live racing, half of the retained takeout goes to purses. So that’s 7 to 8.5 percent for purses at the simulcast receiver and 7 to 8.5 percent for the simulcast facility. That is IF the simulcast facility operates live racing.
So, the conclusion based on these numbers : A $2.00 wager through NYRABets would be result in about $0.40 for operating the business (based on a 20% blended takeout). The same bet through TVG would result in a $0.12 flow to NYRA's business.
That's the parasitic effect in numbers.
