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Horse Racing in Japan
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A Guide to Thoroughbred Racing in Japan
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A Guide to Thoroughbred Racing in Japan
by Mike Oxlong » Thu Nov 18, 2010 9:08 pm
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by Catoneinutica » Thu Nov 18, 2010 10:30 pm
Horse racing in Japan is strictly suckerville - like the lottery, a tax on morons. Twenty-five percent of all bets goes to JRA. Compare that with the typical Vegas house edge of a couple percent for some of the higher-grade casino games like blackjack.
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by Greji » Fri Nov 19, 2010 1:46 pm
Catoneinutica wrote:Horse racing in Japan is strictly suckerville - like the lottery, a tax on morons. Twenty-five percent of all bets goes to JRA. Compare that with the typical Vegas house edge of a couple percent for some of the higher-grade casino games like blackjack.
That's not quite right. It's 20% on win and place bets. The rest are 25%. Actually, JRA only gets 15% and the remainder goes directly to the J-government, which is the largest government take-out on legal gambling anywhere in the world.
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Re: A Guide to Thoroughbred Racing in Japan
by Russell » Wed May 14, 2014 1:44 am
The first will be... the first...
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