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Old 05-01-2012, 03:50 PM   #2
FenceBored
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Join Date: Jul 2008
Posts: 3,761
Quote:
Originally Posted by jeebus1083
Short version: 'Please believe me, I don't read carefully email questions I forward to track executives.'
The takeout limits allowed by law are now 12-17% for w/p/s, 14-21% for exacta/double wager 15-25% for tri/super and P3/P4 and 15-36% for P6 with no separate rates for carryover and non-carryover pools. (Please note that the tri/super/P3/P4 takeout is currently at 26% which is currently outside the parameters of the law)
How one can read "currently outside the parameters of the law" and not understand that the organization in question was not operating within the parameters of the law in this regard is (and shall always remain) a mystery to me.
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