wagering takeouts

Emerald Downs has lowered takeouts on Daily Doubles and Pick 3s to an industry low 10% for its upcoming season, which opens Saturday and continues through Sept. 17. "There are a lot of takeout promotions on Pick 4 and Pick 5 wagers, but those are tough to hit," said Emerald Downs President Phil Ziegler. "We wanted to give the players a better chance to win with a 10% takeout on all our Daily Doubles and Pick 3s." The track's win, place, show wagering has a takeout rate of 16.1%, while...