It went by Kentucky HB 607, an innocuous name for a bill that could put millions of dollars into horseplayers’ wallets after its Tuesday passage in the Kentucky State Senate. That bill, which heads back to the House for concurrence after sailing through the state senate 33-1, virtually eliminates breakage. […]
Tag: pari-mutuel wagering
Santa Anita Park’s Wagering Menu: Heavy on Options, Low on Takeout
Santa Anita Park unveiled its wagering menu for its Winter/Spring Meet, which opens Sunday with three Grade 1s among its six stakes. It also opens with a special Opening Day Mid-Pick 4 that encompasses Races 5, 6, 7 and 8 on the traditional Dec. 26 opening-day card. And there are […]
Santa Anita Park’s Hot Take: Low Takeout for Win-Place-Show Bettors
Santa Anita Park unveiled the wagering menu for its 16-day Autumn Meet opening on Friday, with one of the biggest features being the lowest takeout on win-place-show bets among any major American racetrack. The suburban Los Angeles track’s takeout on the most common wager in North American racing is 15.4%. […]
Kentucky Downs: Short Meet, Small Track, Big Pari-Mutuel Payouts
Kentucky Downs, one of the biggest sleeper tracks in the country from a betting standpoint begins, its season on Sunday. With a six-day card, sleeping on the sleeper track means you’ll likely miss something from a wagering standpoint. Kentucky Downs offers the best pari-mutuel payouts of any track in the […]
California Could Merge Fantasy Sports and Pari-Mutuel Wagering
Fantasy sports meets pari-mutuel wagering and spawns visions of an endless revenue stream for California. That’s the dream, and an actual possibility, by this coming August if a proposal by the California Association of Racing Fairs (CARF) gains traction with the California Horse Racing Board. CARF officials presented the proposal […]