Where does my money go?

[blackthroatedwind]

Odds of my not wanting to waste my time answering........1/9.

[Scav]

Originally Posted by blackthroatedwind

Odds of my not wanting to waste my time answering........1/9.

If you know, why not answer? it was an open ended question for all to have the opportunity to answer and Pat is good people. CONTRIBUTIONS my friend, CONTRIBUTIONS

[pmacdaddy]

Originally Posted by blackthroatedwind

Odds of my not wanting to waste my time answering........1/9.

So we should just push our money through the windows and not care?
.

[Scav]

Originally Posted by pmacdaddy

So we should just push our money through the windows and not care?

I think he is pissed at you for not asking him direct. I sensed some mood in that response. tisk tisk

[pmacdaddy]

I really don't know why this crap bothers me...maybe it shouldn't.

NYRA keeps the horses for 25 yrs, OTB gets to stay all screwed up and pols look like they will get to do as they please with VLT. As long as racing stays good I guess it's no real skin off my back.

[blackthroatedwind]

I'm glad he didn't ask me directly.....then I might have felt obliged to answer.

[pmacdaddy]

Originally Posted by blackthroatedwind

I'm glad he didn't ask me directly.....then I might have felt obliged to answer.

Dear BTW,

I have a hypothetical question I need some help with...

[blackthroatedwind]

All monies bet, less takeout, get returned in the pari-mutual pool. The takeout is mostly kept by the racetrack, if your bet is made on-track ( or through NYRA-One if you're betting NYRA tracks ), and used to pay the expenses of running the business.....from purses to salaries to daily upkeep.

If you bet with an ADW they pay for the signal, and keep the difference between that rate and the takeout percentage, just as if you bet Santa Anita at Aqueduct.

Anything else?

[Scav]

Originally Posted by blackthroatedwind

All monies bet, less takeout, get returned in the pari-mutual pool. The takeout is mostly kept by the racetrack, if your bet is made on-track ( or through NYRA-One if you're betting NYRA tracks ), and used to pay the expenses of running the business.....from purses to salaries to daily upkeep.

If you bet with an ADW they pay for the signal, and keep the difference between that rate and the takeout percentage, just as if you bet Santa Anita at Aqueduct.

Anything else?

Dude, I think he is talking about actual numbers here, i think he knows the above.

Where does the $100 go in each of these three situations?

1) Win Bet Placed on Track

2) Win Bet Placed at OTB

3) Win Bet Placed with ADW

[pmacdaddy]

Originally Posted by blackthroatedwind

All monies bet, less takeout, get returned in the pari-mutual pool. The takeout is mostly kept by the racetrack, if your bet is made on-track ( or through NYRA-One if you're betting NYRA tracks ), and used to pay the expenses of running the business.....from purses to salaries to daily upkeep.

If you bet with an ADW they pay for the signal, and keep the difference between that rate and the takeout percentage, just as if you bet Santa Anita at Aqueduct.

Anything else?

Just OTB Take Out and I should be all set. That is "mostly" kept by the track? Thanks

[Scav]

Originally Posted by blackthroatedwind

I'm glad he didn't ask me directly.....then I might have felt obliged to answer.

I have to admit I have zero idea where this is going......

Originally Posted by blackthroatedwind

Odds of my not wanting to waste my time answering........1/9.

Odds as to why one would waste time responding?

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