Turfway Park will lower takeout on its Pick 4 wager from 22 to 14
percent, effective Jan. 1, the Northern Kentucky track announced
The approval was given by the
Kentucky Horse Racing Commission at its Wednesday meeting. Takeout is
the amount taken off the top of every wagering dollar to go to purses,
state taxes and the track’s commission. It essentially is the cost of
making a bet.
Park’s takeout on win, place and show wagers is 17.5 percent. On all
exotic wagers except the Pick 4, the takeout is 22 percent.