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Out of each wager placed through OTB, approximately 77 percent goes into the parimutuel pools for distribution to winning bettors. The remaining amount, known as the "takeout", is retained by the OTB operator. In addition, a surcharge of 5 or 6 percent is deducted from most payouts to winning OTB bettors.
You can't be successful long-term without working toward at least some of the basics.
1
Ensure Good Bankroll Management. Effective bankroll management is essential for long-term success. ...
2
Be Research-Driven. ...
3
Track Your Results. ...
4
Use Value Betting. ...
5
Shop Around for the Best Odds.