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Originally Posted by OTM Al
No. If you believe increasing takeout above optimal levels reduces both playoffs to players and profits to tracks and that 25% is above optimal level, then everybody lost. The "extra money" never existed. This was the point of my comment above.
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One of my flaws is that when I don't understand something I say so. I really don't follow you. There was $8.5 million more withheld than should have been. 26% was withheld rather than 25% over the time period. The money that was, not ultimately, returned to the winning bettors was kept by someone and I believe NYRA got the unclaimed winnings. Chickenhead clearly explained that no law was broken outside of NY. I'm sorry but I don't follow you.
