Glen
28th June 2001, 03:48.57 PM
Lower Takeouts at Prairie Meadows
The Iowa Racing and Gaming Commission has approved a lower takeout percentage on exotic
wagers at Prairie Meadows. The Altoona, Iowa, track will feature a 12 percent takeout on Pick 4s;
double wagers (exactas, quinellas and daily doubles), currently at 24 percent, will be reduced to 19
percent; and trifectas will decrease to 22 percent.
Lowering takeouts at the recent Hawthorne meeting produced a huge increase in total handle and
other racing jurisdictions have reduced takeouts in order to increase revenue.
The Iowa Racing and Gaming Commission has approved a lower takeout percentage on exotic
wagers at Prairie Meadows. The Altoona, Iowa, track will feature a 12 percent takeout on Pick 4s;
double wagers (exactas, quinellas and daily doubles), currently at 24 percent, will be reduced to 19
percent; and trifectas will decrease to 22 percent.
Lowering takeouts at the recent Hawthorne meeting produced a huge increase in total handle and
other racing jurisdictions have reduced takeouts in order to increase revenue.