It was announced recently that Pinnacle Race Course in Michigan has reduced their exotic takeouts.
"Win, Place, and Show are set by the State at 17%. All other pools are by track choice. We have lowered all our other offerings to 20% except Trifectas and Superfectas which have lowered to 25%. The bottom line here is: More Money to the Players"" said an email that went out June 3rd.
In addition this was a response to horseplayers concerns. From Director of Pari-Mutuels/Simulcasting, Laura Bennett: "In response to the Horse Players Association of North America, we have lowered our take-out rates to the "lowest in Michigan".
Pinnacle, last year, ranked 64th out of the 69 tracks in North America for takeout score in the HANA rankings. Next year they should be able to move up, and we hope they have a great meet.
For more information on Pinnacle, please check out their website here. Their live meet started on June 5th.