Betting rake off

  • Harris
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Betting rake off

10 years 2 months ago
#546695
Is it not possible for Saftote to release a document detailing what percentage they take from each and every pool ? I know the main exotics like the P6, PA etc are subject to a 25% rake but what about the win, place, Pick 3 (surely not 25%) and all the sports markets.

It would be nice to know know what we up against.

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  • rob faux
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Re: Betting rake off

10 years 2 months ago - 10 years 2 months ago
#546715
Harris wrote: Is it not possible for Saftote to release a document detailing what percentage they take from each and every pool ? I know the main exotics like the P6, PA etc are subject to a 25% rake but what about the win, place, Pick 3 (surely not 25%) and all the sports markets.

It would be nice to know know what we up against.

And even more importantly ,in respect of co-mingled pools ...........rebates,extra commissions etc.
I would have thought that disclosure should be legislated,bearing in mind the monopoly!

(I have heard ,but unable to verify ,that the take-out on sport is higher than horse racing in spite of the fact that there is no contribution to stakes or event costs!
Last edit: 10 years 2 months ago by rob faux.

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  • Deeno
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Re: Betting rake off

10 years 2 months ago
#546733
Harris wrote: Is it not possible for Saftote to release a document detailing what percentage they take from each and every pool ? I know the main exotics like the P6, PA etc are subject to a 25% rake but what about the win, place, Pick 3 (surely not 25%) and all the sports markets.

It would be nice to know know what we up against.

Harris . I thought they were all 25%. Unless it has changed recently

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  • Lucky_Dude
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Re: Betting rake off

10 years 2 months ago
#546736
Imagine if stock brokers or real estate agents took 25% commission. We'd say they are mad. Bring on the good book makers who offer fair odds or the betting exchanges. In my opinion 25% take out amounts to daylight robbery.

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  • RIVERJ
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Re: Betting rake off

10 years 2 months ago
#546798
Luckdude , where would stakes come from ?

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