Betting - track take

Any given track will take up to 17-20% out of the betting pool for straight bets and even more for the exotic bets. What’s left is paid back to the bettors.

Another factor that may reduce the payoff is known as breakage. This is the difference between the sum of the betting pool and the final winners payout. It happens because the total money bet, divided by the number of winning tickets, will not usually be an even amount. This is why tracks round winning payouts off to the nearest ten.

In practical terms, this means that if your payoff is £3.58 you will actually receive £3.50. With long odds winners, the effect of this is minimal, but tickets holders on favourites can often lose a large percentage of their payoff.

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