Quote:
Originally Posted by Fred Mertz
Thesis:
I believe what horse racing will need to do is fight fire with fire. If legal sports betting is offered with a 10 percent hold of 12 to 10, then the horse racing industry should reduce takeout on win, place and show betting also to 10 percent.
https://www.americasbestracing.net/g...-horse-betting
Richard Eng is the author of “Betting on Horse Racing for Dummies,” an introductory book for newcomers to the sport of horse racing. |
Well Monmouth has reduced the vig to 12% on exchange bets, WPS.
when I cash on a chalk I pay 12% and no breakage. seems very civilized.
Of course most likely Monmouth will be the first racetrack also to take sports bets.
wonder what will hill will set the vig up at Monmouth.
Allan
