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Re:Beating the bookies – how the online sports betting marke... by Whiteskin_Kanye on Sunday October 22, 2017 @03:38PM (#15528514)
It's closer to 22.5% in total. [1] But it also depends on specifics like race, location, type of bet [2]. Looks like a conventional win, place, or show bet has the least taken out of it

[1] http://www.calfairs.net/files/publications/14.pdf -- check slide 5

[2] https://www.scribd.com/document/84887435/CA-Authority-of-Rac... -- An Example for Northern CA breeds on page 10

Re:Beating the bookies – how the online sports betting marke... by SubiculumCode on Sunday October 22, 2017 @05:23PM (#15529015)
I always focused on Win Place or Show betting becsuse if the lower take.