Does anyone know what the Tab take is on the various different bets. I think it must be about 17% in the win pool, and 20% in the place pool but I'd like to know what it is in the Exacta, Quinella, Trifecta, Daily double, etc.

Thanks

KV

I am sure it is about the same or more

i reckon w/p=15% andthe rest is 17or18%,,,cheers...gazman..

By law the totes can only take out 16% overalll and that's why they sometimes have their so-called sales when they lower the normal take-out rate on certain so-called products. The normal take-outs for win and place is 14.5% while for the trifecta and first fours it is 20%.

100 % for most !

i think or im pretty sure that the tabs also round down everything=say its meant to be 1.98 they will take it down to 1.90 and its worth big $$$$$$$ to them.

This raises two interesting questions in my mind. Firstly, why does the total at the bottom of the bottom of the virtual formguide "live odds" always total over 117% for the win pool for all tabs and the place pool 360% (120% per place). Is this a bit of acceptable rounding that the Tab is allowed to keep?

Secondly, let's say we as 'informed' punters are ten percent better than the average joe who has a bet. Based on that we might expect to get 10% more out of the pool than average but 15% less because of the take. Therefore we might loose say 5%.
If we bet on the quinella would we be 10% better than the masses on each horse giving us about 20% edge on the herd - less the 15% making us likely to come out 5% ahead? And on trifecta 30% ahead on our selections - less the 20% take giving us a 10% profit?
Maybe we should be betting the exotics.

KV

KV. Disregarding the rounding down affect, the win pool would be 116.95% (14.5%/85.5%). Rounding down would make the take-out higher, more so when with short priced favs, eg. a dividend of $2.19 would be rounded down to $2.10 which would amount to a lot more dosh going into the TAB's coffers than a dividend of $9.99 being rounded down to $9.90.

It can even be worse with the rounding down of short priced favs for the place, eg. $1.19 down to $1.10.