Re: How much would 8% takeout move the handle? (439 Views)
Posted by:
Boscar Obarra (IP Logged)
Date: September 30, 2015 08:29PM
I looked at your posts on this thread , and didn't see any reference.
My theory is, that a high takeout makes the price on contenders unappealing (unplayable) to non rebated players, but playable for those getting. It may be a subtle point, but I'm sure it's not lost on batch bettors.
If the takeout is drastically lowered, the rebate will be cut sharply. So for example, maybe a horse goes off 2-1 anyway (same price as the higher takeout) as that's the price the public will accept as a minimum. But, there's no longer a 5-8% rebate to be had.
So that particular edge will be gone.