Breakage about done in Kentucky

[Screw Andrews]

Penny Breakage to Begin On Kentucky Races July 15

From the Thoroughbred Idea Foundation Bettors wagering on racing from Kentucky will enjoy returns paid to the penny beginning Friday, July 15. The Kentucky Horse Racing Commission confirmed to the Thoroughbred Idea Foundation (TIF) the shift will take effect this week, three months after...

www.thoroughbreddailynews.com

 

[John Kelly]

Love it.

Every penny counts.

Why should the racetracks confiscate the overage?

Long overdue.

 

[John Kelly]

About $7 million a year will now be returned to bettors when previously that money was split between Kentucky racetracks and Kentucky horsemen.

 

[John Kelly]

I'm watching the races right now from Canterbury Park.

Why?

Canterbury offers a 10% takeout on some Pick 4, Pick 5 and Pick 6 wagers.

 

[Screw Andrews]

Love it.

Every penny counts.

Why should the racetracks confiscate the overage?

Long overdue.

Think the groups focus more on KY now though? lol

 

[dfish]

Gonna need a bigger bridge

 

[sam b.]

That $2.28 place price doesn't look like much, but it represents a 40% increase in profit for that payout. A welcomed sight on a tote board that hasn't changed much in the 35 years I've been following racing.

 

[Viejo Dinosaur]

Pennies from heaven….never thought I would ever see this change in my lifetime

 

[John Kelly]

I'm sure those crotchety tellers at the racetrack are pissed off about dealing with pennies.

At the old Hollywood Park, when dime superfecta wagering was first introduced, I overheard one teller say to another regarding change returned to horseplayers, "They (the players) even take the dimes now."

 

[John Kelly]

Such a shame that nearly every segment of the industry holds horseplayers in such low regard.