Reed Palmer/Emerald Downs
In addition to penny breakage, Emerald Downs will adjust morning-line odds to reflect changes in betting pools.
Emerald Downs in Auburn, Wash., will eliminate breakage at its upcoming 2024 meet and pay all winning wagers to the nearest cent, the track announced on Monday.
Emerald will become the first track outside of Kentucky to drop the practice of rounding payoffs to the nearest nickel or dime, a holdover from the days when payouts were distributed in the form of cash and tellers needed to quickly redeem winning wagers. Emerald said in a release that it has estimated that the decision will lead to an additional $400,000 distributed to winning bettors this year.