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State audit finds NYRA error proved less costly to bettors

A NYRA watertruck moistens the main track as Saratoga Race Course prepares for a new season.
Photographer: Bruce Squiers
A NYRA watertruck moistens the main track as Saratoga Race Course prepares for a new season.
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An incorrect takeout percentage on winning exotic bets that was set by the New York Racing Association didn’t cost bettors as much as initially calculated. The state Comptroller’s Office released an audit Friday that revealed the 15 months of too much money being withheld from exotic bets on NYRA races only cost gamblers $7.4 million. It was initially believed the error was worth $8.5 million, when factoring in bets made at the tracks, at Off-Track ...

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