Monday, December 31, 2012

Charles Town Handle Trends Positively

Despite a slight drop in field size (from 8.53 to 8.33 horses per race), Charles Town was able to outperform the industry trend in 2012 with an increase in all-source handle of 5%. This capped a strong 2012 where Charles Town had a record handle year, with $1M averaged for the first time in their 79 year history.

Charles Town announced a takeout decrease in September, 2011:

Takeout for trifectas, superfectas, pick threes, and pick fours will shift from 25% to 22% effective Sept. 17.

They've also been very responsive to giving out their signal to everyone. There are very few advance deposit wagering sites where you cannot bet Charles Town.

Distribute the signal, work on takeout, and promote your track and bettors tend to give you a chance.

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