Analyzing a Profitable Breeders’ Cup for Bettors
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While this week’s story will involve payoffs at last weekend’s Breeders’ Cup, we’re starting with the number 1,298. Which is what you get when you take 1,333 and subtract 35.
Aside from a quick math lesson, what those numbers reflect are the direct benefits of the recent changes in the tax withholding rules that allow greater latitude in applying tax consequences to large winning tickets.