For the math impaired, the just run 3 horse extravaganza at MTH is a good example
Natural odds on each 2-1
Post Time odds.
6/5
7/5
8/5
How exponentially better would this game be with a 5% takeout?
Match races reflect the ultimate pari-mutuel grind . . . evenly-matched matches typically yield 3-5 vs. 7-10. Bookmakers\' matchups typically markedly fairer . . .