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One other essential term is “breakage,” which refers back to the odd cents not paid out to winning bettors because payoffs are rounded. In other phrases, a profitable ticket is just not paid down to the penny. The payout on a $2 guess is typically rounded off in $.20 increments. The cents left over are the breakage. Though breakage amounts to only pennies per wager, it provides up quickly with high betting quantity. For example, California horse racetracks accumulated extra