Take Out Question

[Sea Biscuit]

Last night Dec 26 at Woodbine the total pool of the Super was $21556 and the payout was $19858.70. They took out only $16973.30 which works out to only 7.87% of the total pool. I thought that the takeout at Woodbine was 26.3% for supers.

Can someone out there explain this anomaly.

8-Daddy Mac 60.20 30.20 6.30 277854-Get Out Of Dodge 15.20 5.30 100502-Dinner Guest 2.50 5112 DAILY DOUBLE (6-8) paid 122.10, pool 11638EXACTOR (8-4) paid 661.40, pool 25843SUPERFECTA (8-4-2-1) paid 19858.70, pool 21556TRIACTOR (8-4-2) paid 3400.00, pool 28504WIN THREE (3-6-8) paid 495.65, pool 5433W4 6 3 6 8 1196.95 29684

[Sea Biscuit]

They took out only $1697.30 and not $16973.30 as stated above.

[BillW]

Originally Posted by Sea Biscuit

Last night Dec 26 at Woodbine the total pool of the Super was $21556 and the payout was $19858.70. They took out only $16973.30 which works out to only 7.87% of the total pool. I thought that the takeout at Woodbine was 26.3% for supers.

Can someone out there explain this anomaly.

8-Daddy Mac 60.20 30.20 6.30 277854-Get Out Of Dodge 15.20 5.30 100502-Dinner Guest 2.50 5112 DAILY DOUBLE (6-8) paid 122.10, pool 11638EXACTOR (8-4) paid 661.40, pool 25843SUPERFECTA (8-4-2-1) paid 19858.70, pool 21556TRIACTOR (8-4-2) paid 3400.00, pool 28504WIN THREE (3-6-8) paid 495.65, pool 5433W4 6 3 6 8 1196.95 29684

They post the $2.00 payout to make it sound more impressive although no one hit it for $2.00.

[markgoldie]

There were eight (8) dime superfecta tickets sold and each one paid $1985.87, which means the total returnable pool was $15,886.77 and the takeout from the total pool of $21556 was indeed 26.3%.

[Sea Biscuit]

Originally Posted by markgoldie

There were eight (8) dime superfecta tickets sold and each one paid $1985.87, which means the total returnable pool was $15,886.77 and the takeout from the total pool of $21556 was indeed 26.3%.

They don't have dime supers at Woodbine. The minimum is 20 cents.


Sea Biscuit.

[Sea Biscuit]

Originally Posted by BillW

They post the $2.00 payout to make it sound more impressive although no one hit it for $2.00.

Bill the payouts at Woodbine are for $1 for supers.

As far as I am concerned there were 5 tickets sold for 20 cents each and the payout for each ticket was $3791x5=$18955.

So they did pay out $18955 out of a total pool of $21556 and that still does not explain the low % takeout.

[BillW]

Originally Posted by Sea Biscuit

Bill the payouts at Woodbine are for $1 for supers.

As far as I am concerned there were 5 tickets sold for 20 cents each and the payout for each ticket was $3791x5=$18955.

So they did pay out $18955 out of a total pool of $21556 and that still does not explain the low % takeout.

So they had 1 ticket @ $0.80 that took down the pool - it still works out correctly.

[wilderness]

Sheesh!

All this chatter about the take-out and nary a mention of Travis Alexander and the horse

[markgoldie]

Originally Posted by Sea Biscuit

Bill the payouts at Woodbine are for $1 for supers.

As far as I am concerned there were 5 tickets sold for 20 cents each and the payout for each ticket was $3791x5=$18955.

So they did pay out $18955 out of a total pool of $21556 and that still does not explain the low % takeout.

So there were 4 20cent tickets. Same thing.

[markgoldie]

Originally Posted by wilderness

Sheesh!

All this chatter about the take-out and nary a mention of Travis Alexander and the horse

Travis Alexander is one of the real good guys in the sport. He deserves any bit of success he gets.

[wilderness]

Travis had an Uncle (Frank) that was a superb horseman for many years in the Detroit area.

I've heard from many that Travis is a very nice human being.

[Sea Biscuit]

Originally Posted by wilderness

Travis had an Uncle (Frank) that was a superb horseman for many years in the Detroit area.

I've heard from many that Travis is a very nice human being.

Good trainers are more important to me than a good driver and Travis is one hell of a trainer with a win % of 20.

Bet Daddy Mac on Dec 26 W/P and a good return of $60 to win and $30 to place. His last line (on Dec 19) on paper is very deceiving and would make you think that Daddy Mac had the classic 2 hole trip from the 5 hole to score a win but if you watch the replay he actually made 3 moves in the race. Very rare for a harness horse to make 3 moves in a race. The caller even said and I quote " Daddy Mac has made multiple moves in the race and still has some wind in his sails"

Way to go Travis.

[Tom-Oh]

Originally Posted by Sea Biscuit

Bet Daddy Mac on Dec 26 W/P and a good return of $60 to win and $30 to place. His last line (on Dec 19) on paper is very deceiving and would make you think that Daddy Mac had the classic 2 hole trip from the 5 hole to score a win but if you watch the replay he actually made 3 moves in the race. Very rare for a harness horse to make 3 moves in a race. The caller even said and I quote " Daddy Mac has made multiple moves in the race and still has some wind in his sails"

Way to go Travis.

I bet this horse too! $10 across the board! I was happy as hell! Sorry for red boarding but I had to comment on this when I saw I wasn't the only one...

[Sea Biscuit]

Originally Posted by markgoldie

So there were 4 20cent tickets. Same thing.

You divide the total paid out money ( $19858.70) by 5 to get the money for each 20 cent ticket which in this case it is $3971.74

Now divide 19858.70 by 3971.74=5

As far as the calculation goes there were 5.. 20 cent tickets sold and not four.

Maybe I will write to the Woodbine people for an explanation.

Sea Biscuit.

[Ray2000]

Sea

You divide the total pot after takeout by the number of winning 20¢ tickets, not 5, to get the 20¢ price. In this case 4 winning tickets is the number that works out right. Mark is right, wish I had 1 of those tickets....