Tag: pari-mutuel wagering

Kentucky horseplayers betting on horses like John Battaglia Memorial winner Tiz the Bomb will benefit from a bill reducing breakage to a penny. The bill HB 607, passed the Kentucky State Senate this week and is expected to be signed by Gov. Andy Beshear. (Image: Coady Photography)

Bettors Cash a Long-Awaited Ticket as Kentucky Eliminates Breakage

It went by Kentucky HB 607, an innocuous name for a bill that could put millions of dollars into horseplayers’ wallets after its Tuesday passage in the Kentucky State Senate. That bill, which heads back to the House for concurrence after sailing through the state senate 33-1, virtually eliminates breakage. […]

Beyond Brilliant, seen here winning the Hollywood Derby at Del Mar, is one of the favorites in Sunday's Grade 2 Mathis Mile at Santa Anita Park's Opening Day. The Southern California track offers various wagering options to play that race and others. (Image: Benoit Photo)

Santa Anita Park’s Wagering Menu: Heavy on Options, Low on Takeout

Santa Anita Park unveiled its wagering menu for its Winter/Spring Meet, which opens Sunday with three Grade 1s among its six stakes. It also opens with a special Opening Day Mid-Pick 4 that encompasses Races 5, 6, 7 and 8 on the traditional Dec. 26 opening-day card. And there are […]

Opening Day for Santa Anita Park's 16-day Autumn Meet brings four stakes races and plenty of ways to wager on them. The California track unveiled its wagering menu. (Image: Santa Anita Park)

Santa Anita Park’s Hot Take: Low Takeout for Win-Place-Show Bettors

Santa Anita Park unveiled the wagering menu for its 16-day Autumn Meet opening on Friday, with one of the biggest features being the lowest takeout on win-place-show bets among any major American racetrack. The suburban Los Angeles track’s takeout on the most common wager in North American racing is 15.4%. […]

The unique-to-America Kentucky Downs turf course offers the biggest pari-mutuel payouts of any US track. It begins its short, six-day season Sunday. (Image: Coady Photography)

Kentucky Downs: Short Meet, Small Track, Big Pari-Mutuel Payouts

Kentucky Downs, one of the biggest sleeper tracks in the country from a betting standpoint begins, its season on Sunday. With a six-day card, sleeping on the sleeper track means you’ll likely miss something from a wagering standpoint. Kentucky Downs offers the best pari-mutuel payouts of any track in the […]

A proposal merging fantasy sports and pari-mutuel wagering could be the first step toward sports wagering in the Golden State. (Image: Ethan Miller/Getty)

California Could Merge Fantasy Sports and Pari-Mutuel Wagering

Fantasy sports meets pari-mutuel wagering and spawns visions of an endless revenue stream for California. That’s the dream, and an actual possibility, by this coming August if a proposal by the California Association of Racing Fairs (CARF) gains traction with the California Horse Racing Board. CARF officials presented the proposal […]