At yesterday's CHRB meeting in California, the Bloodhorse reported this:
" Hollywood and the Thoroughbred Owners of California have not come to an
agreement extending the 14% takeout rate on the popular Pick 5 wager,
either. Unless horsemen agree, the Pick 5 first instituted by Hollywood
last year would only be offered at the standard 23% takeout rate on
exotic wagers in California"
That's a whopping 64.2% increase in takeout. It's probably largest takeout hike ever devised.
We'll keep monitoring the situation, and look into topping up the gas tanks in the HANA plane.
Let's see what the public thinks. Two carryovers at Santa Anita for Friday. $44,000 in the Pick 6 and $226,000 for the Pick 5.
Does the Pick 5 look like it should be tampered with? Can the TOC really be this insensitive to what the public wants? Good Grief!
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