Betting rake off

  • Harris
  • Topic Author
  • Elite Member
  • Elite Member
  • Posts: 1135
  • Thanks: 60

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.

Please Log in or Create an account to join the conversation.

  • rob faux
  • New Member
  • New Member
  • Thanks: 0

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.

Please Log in or Create an account to join the conversation.

  • Deeno
  • Platinum Member
  • Platinum Member
  • Posts: 8174
  • Thanks: 483

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

Please Log in or Create an account to join the conversation.

  • Lucky_Dude
  • Platinum Member
  • Platinum Member
  • Posts: 2049
  • Thanks: 76

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.

Please Log in or Create an account to join the conversation.

  • RIVERJ
  • Junior Member
  • Junior Member
  • Posts: 73
  • Thanks: 9

Re: Betting rake off

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

Please Log in or Create an account to join the conversation.

Time to create page: 0.140 seconds