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Catchword for “breakage”
Catchword: breakage
Filed Under: , ,
Part of Speech: n.
Quotation: Breakage is even more insidious. Breakage is the downward rounding of the odds on the tote board, and consequently the amount paid on winning bets. A horse who may be 5.8-1 will be rounded down to 5-1, a significant reduction. There is no way to tell ahead of time how breakage will affect your bet, but it is more pronounced for favorites than longshots and over time will take another percent or so from your winning bets.
Article or Document Title:
“An Allegory” (URL)
Author:
Kevin Depew
Article, Document, Publication, Web Site:
Minyanville
Publishing Location:
New York City
Date of Publication:
May 4, 2007
This catchword has yet to be researched.
Posted 5 May 07 | Permalink | Tell a Friend

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