February 18, 2010

Takeout Map Of Thoroughbred Racetracks InThe US & Canada

Be patient, it loads a little slow, but it is worth it:

View Thoroughbred Racetracks in a larger map
To zoom in on a specific track: click the + sign in the top left, then left click (hold) and drag the map, moving the map to the track you want to look at. If the horse icons still overlap, you need to press the + sign some more or the track represented by the horse in the background will not highlight.


How To Try To Get Some Good Relief From Takeouts From Around Two Thirds Of The Tracks On The Map? See Below:

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14 comments:

Anonymous said...

Add an average of 4.5% for dime breakage.

Anonymous said...

My god, this is massively outdated.


Why not update the thing???

Cangamble said...

Anon 1, breakage is only that high on show bets. It works out to roughly a nickel to a dime per every $2 ticket cashed on average across North America.

Anon 2, the data is 99-100% accurate. Feel free to point out the errors. Very good up to date sources were used.

Anonymous said...

There is no horse racing at Stampede Park in Calgary.

Cangamble said...

Thanks Anon regarding Stampede Park. I didn't get the memo that they stopped racing there:)

Anonymous said...

Cangamble, you better recheck your math.

Cangamble said...

Anon, I've done a lot of research on Breakage, plus I have first hand knowledge of it. It works out to between .35-.6% of every dollar bet, not 4.5%.
Check this post I wrote.

Cangamble said...

I should say of every dollar cashed on winning bets.
For example, when you cash an exactor that should pay $85.09 and pays $85.00 instead, the breakage is very minute .09/83.00

Anonymous said...

Here's an example from the 3rd race at Gulfstream on the 19th. 17% takeout.
odds %
4.1 .196078
12.8 .072464
2.1 .322581
7.4 .119048
1.8 .357143
5.5 .153846
--------
1.221159
22.1% takeout

Cangamble said...

First off, you are working it the wrong way. .83 times 1.221159 equals approximately 1.0126.

Secondly, lets look at the actual numbers (now I don't think that CDN dollars are converted before you see the pool totals that are posted, so there is a problem with 100% accuracy.

$153,430 was bet in the win pool. Multiply by .83, which means $127,346.90 was supposed to be distributed.
$24,943 was bet on the 1 horse.
Divide that into what was what is left over after takeout, multiply by 2 and you get a payoff of $10.211033 The horse paid $10.20
24,943 times 5.1 equals $127,209.30, which is what the track paid out. They got to keep an extra 127,346.90 - 127,209.30 $137.60

127,209.30 divided by 153,430 equals .8291031 instead of .83 (which reflects a 17% takeout)
This means the breakage on this bet was less than 0.1%

You can argue all you want. But you aren't right about this.

Anonymous said...

I worked it correctly. You didn't understand it. I converted final odds to percentage, added percentages, everything above 1 is total takeout for that race. I'm too old to argue, but I am correct.

Cangamble said...

I know exactly what you did, and you are not looking at it the right way, and you are also confused the way takeout works.
Can you possibly argue my math, or did you not even bother to try to understand it?
The actual breakage in the race you gave as an example on the winner wasn't even .1%...a far cry from your 4.5%.

Anonymous said...

The takeout rate for Monmouth Park is incorrect. The Pick 5 is also only 15% in addition to the Pick 4.

Cangamble said...

Thanks anon. The correction has been made.