Who Wins Money at the Horse Races and How Do They Do It
Fri ,31/05/2013If you’ve ever been to the horse races you’ve probably noticed that a lot of money changes hands in the course of a day. If you’ve wagered on a race and lost, you probably wondered who won your money. First of all, of course, the race track takes money out of each pool to pay itself and also any taxes that go to the state or municipality. It’s called the “vig.”
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