Frank Menke

When the .69-to-1 favorite returned $3.38 to win at Ellis Park in the first race on July 15, the to-the-penny payoffs represented a massively positive paradigm shift for horseplayers. Under a new Kentucky law that eliminates dime breakage at the state's tracks, bettors will no longer be subject to the disadvantageous, industry-wide practice of down-rounding that, in the above instance, would have sliced the return on that winning $2 wager to $3.20. Yes, penny breakage looks a bit odd to the eye. But getting used to the concept will be...