Tuesday, May 28, 2013

Massive Takeout Reductions at Grand River Raceway

In Ontario, slots have been removed from the purse structure. One track - one with a good product for harness racing players - has massively reduced takeouts for their upcoming season. This reduction, from what we can gather, is the largest one time reduction in takeout in the history of the sport in North America.

The reductions total 23.15 per cent across seven pools:

• Win/Place/Show takeout rate reduced from 21.90% to 16.95%
• Exactor takeout rate reduced from 21.90% to 20.50%
• Daily Double takeout rate reduced from 21.90% to 15%
• Pick 4 takeout rate reduced from 24.90% to 15%

The Elora, Ont. track is also introducing the Super Hi-Five wager for one select dash on each card. This wager challenges players to select the top five finishers in a race. The Super Hi-Five takeout will be 15%.

The full press release is here.

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