2012年2月9日木曜日

Comparison horse racing with other gambling

Deduction rate of horse racing in Japan is 18%-26.2%. on the other hand, the rate of other gambling is very high.
For example, the rate of  "Lottery" is 55%, the rate of  "toto" is 50%.
Thus,comparing with other gambling, horse racing is healthy gambling for our customers.

About odds and dividend(配当)
Dividend is decided by parimutuel system.

You purchase the betting ticket in a sales store(WINS or Race course or on internet). At this time, the dividend is unknown.  And JRA pools all the amount of purchase. Then, a race is performed and the number and people who success in elections decide.
The difference which pulled costs(based on deduction rate), such as operational expenses, is distributed by a successful candidate.

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