Post by 1hooper on Jun 6, 2020 7:47:57 GMT -5
Gets quoted in today's TDN article about takeout rates.
For Century Mile in Edmonton, Alberta, a city with a population of more than 1.4 million and North America=s newest racetrack, it is as straightforward as it gets.
The track, which opened in 2019 adjacent to the city=s airport, lists takeout rates prominently on their website. At their home page, hover over ABet@ and the menu includes ATakeout Rates.@
The information is easy to obtain, and there might be a decent reason for it--the rates are quite favorable to horseplayers.
AAs a new racetrack, we felt it was important to find a way to distinguish ourselves in a competitive landscape, by offering an extremely favorable takeout we are trying to incentivize horseplayers to give a new product a look,@ says Rob MacLennan, racing secretary at Century Mile. ATakeout is not something we should be ashamed of, or hiding from our players, so we felt it was important to make it accessible especially when we are trying to offer the most competitive rates available.@
A total of seven standard tote pools have takeout rates at or lower than 15% (win, place, show, double, pick three, pick four and pick five)--a standout amongst continental tracks. The 2020 race dates for the Edmonton oval are due to be released as soon as the province of Alberta=s health minister confirms them in this unique period of time.
AIn our opening season, we struggled both with field size and handle but are hoping some changes we have made in regards to post times, with a plan to run Fridays and Sundays, in the evening, as well as a reduction in the racing schedule, will allow a similar horse population to raise the average field size and provide a better product for our wagering partners and customers.@
The track, which opened in 2019 adjacent to the city=s airport, lists takeout rates prominently on their website. At their home page, hover over ABet@ and the menu includes ATakeout Rates.@
The information is easy to obtain, and there might be a decent reason for it--the rates are quite favorable to horseplayers.
AAs a new racetrack, we felt it was important to find a way to distinguish ourselves in a competitive landscape, by offering an extremely favorable takeout we are trying to incentivize horseplayers to give a new product a look,@ says Rob MacLennan, racing secretary at Century Mile. ATakeout is not something we should be ashamed of, or hiding from our players, so we felt it was important to make it accessible especially when we are trying to offer the most competitive rates available.@
A total of seven standard tote pools have takeout rates at or lower than 15% (win, place, show, double, pick three, pick four and pick five)--a standout amongst continental tracks. The 2020 race dates for the Edmonton oval are due to be released as soon as the province of Alberta=s health minister confirms them in this unique period of time.
AIn our opening season, we struggled both with field size and handle but are hoping some changes we have made in regards to post times, with a plan to run Fridays and Sundays, in the evening, as well as a reduction in the racing schedule, will allow a similar horse population to raise the average field size and provide a better product for our wagering partners and customers.@
