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Casino profit margin on off track betting?

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Casino profit margin on off track betting?

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  1. Most casinos get a percentage of both the sales of tickets and the winnings of the tickets, so they are in a no lose situation for horse racing. It is pure profit for them.

    Matter of fact they want people to pl;ay the horses, and they want them to win becuase the track pays the winngs back to them plus the percentage they get, usually around 7% to 16% depending on the contract, each track that is via sat has a different contract, so it states what percent the casino will get on sales, and winnings


  2. IT'S THE SAME TAKE OF THE TRACK THAT IT IS TAKING THE BET FROM...SAME BETTING POOL...TO KEEP THE MAFIA HONEST....
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