Charles Town reduces takeout on pick three and daily double

Charles Town announced several changes to its wagering menu and will now offer 15 percent takeout rates on all pick three and daily double wagers. The changes will take effect on July 9.

Before the decrease, the takeout rate for the pick three at Charles Town was 22 percent, while the takeout rate for the daily double was 19 percent.

Along with these reductions, the minimum bet for the late pick three and late daily double will increase. The minimum bet on the late pick three will increase from $1 to $3, while the minimum on the late daily double will increase from $2 to $5. These increases only apply to the late iterations of the wagers.

:: Want to learn more about handicapping and wagering? Check out DRF's Handicapping 101 and Wagering 101 pages.