Being a bit of a betting and gambling geek, a hobby of mine is looking at the factors that drive pari-mutuel wagering. It's a fascinating exercise because there are so many items that go into the make-up of a gross betting pool. Sure we know the basics, like the lower the takeout the higher the bet, and the less gambling competition we have the better it is for racing handles, but there are so many more.
Not a subscriber? Click here to sign up for the daily PDF or alerts.
