Quote:
Originally Posted by MJC922
It matters in the sense that fewer horses are going to be over your fair odds if the takeout is huge.
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Yes. That's the bottom line.
If I make the fair value on a horse 5/2 and he's 7/2 on the board, I don't
care if the track take is 14% or 30%. It's still a play. The difference is that I am way less likely to get that 7/2 at a 30% take track. The horse will usually go of lower.
There is another thing to consider.
The lower take tracks will tend to attract the smartest money. So the pools should tend to be more efficient as a result (and vice versa). It's at least theoretically possible that with so much less sharp money in the pools at the high take tracks there could be some offsetting extra mistakes that make up for the higher take.
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