Something Is Wrong at Remington Park
 

In the 5th race at Remington Park, the winner had $2,090 bet to win on him. There was $31,701 in the Win pool. the track take on WPS bets at Remington is 18%. If you do the math, the winner should have paid $24.80 to win. He only paid $20.20 to win. I called Remington and nobody could explain the discrepancy.

The place payoff was wrong also. there was $12,077 in the place pool. The winner had $833 bet on him to place. The second horse had $1,446 bet to place. That means the winner should have paid $11 to place yet he only paid $9.00 to place.

I make these calculations every day and they always come out right. This is the first time that the numbers have ever been way off like this. I don't get it.

Just curious, what made you think to check the payouts at Remington?

I bet the winner to win and place. After the horses crossed the wire, I checked to see what my horse was going to pay to place. I do this all the time. Instead of just waiting for 2 minutes until the result is official, I am always curious to see what my horse is going to pay to place so I quickly do the math. I couldn't belive it when the horse only paid $9.00 to place because he should have paid $11. Then I figured I would see if there was a mistake in the win pool too and sure enough there was.

Anyway, I just called Remington back and their explanation was that it has to do with Canadien money coming into the pool. I don't know if that is true or not but the bottom line is that the take at Remington is over 30% in the WPS pools. I did the math on the next race and the same thing happened. The winner had $6,543 bet to win on him and there was $17,423 in the win pool. He should have paid $4.20 to win but he only paid $3.40.

By the way, the reason I made a bet at Remington was because there was a 2 year old running that I liked at the Keeneland April Sale that was in the 5th race. He was the horse that paid $20.20 to win tonight.

I see. Something sounds fishy there. Wouldn't canadian money coming in effect other tracks the same way? I've also thought that you could calculate the payoffs yourself like you did and that they would be accurate.

Yes, I do these calculations every day and they are always accurate. Sometimes I'm off by 20 cents or so but that's about it. This has never happened before.

The thing about the Canadien money sounds fishy to me too. I'm going to have to look into this.

hmmm. good work. sounds like sticky fingers at remington.

There is something called "net pool pricing" that tracks have begun using to incorporate foreign currency bets into US pools. It's a recent phenomenom--I first noticed it in August.

Here are 2 links that discuss it:

http://www.nyra.com/belmont/news.asp?id=1758&track=B

http://www.fingerlakesracetrack.com/...net-pool%20%22

New York began doing this in 2005. If this year's Travers had used the old payoff system, Bernardini would have paid $2.20 instead of $2.10 to place. On the other hand, Bluegrass Cat would have paid $2.40 instead of $2.50.

I didn't think it was supposed to affect win payouts, though.

--Dunbar

Dun, does not effect win pools, only Place/Show pools. Canadian excuse is bogus here.

The other question that needs to be played is WHY is Rupert playing Remington Park? :eek: Even I, who tries to find tracks I have never played and play them to tell people I have placed a wager (Araphoe anyone?) wouldn't admit that I placed a wager in a non-stakes race at Remington :D

Good luck today guys

Colorado? Watch out for T wales there, he brushes the dirt off his shoulder everytime he wins.

I keep track of all the year 2 year olds that I liked that came out of the 2 year old in training sales. There was a Stephen Got Even colt trained by Scot Blasi running at Remington last night that sold for $170,000 that I liked at the Keeneland April Sale. That was the horse I bet at Remington. I bet 4 races yesterday total at all the tracks. I bet one race at Woodbine, one at Aqueduct, one at Hollywood, and one at Remington.

funny tho rupe that someone would wonder why you bet at rem--you made money, best reason in the world!

I thought I would bring this post back up so that guys like Steve and Andy can read it. Can you guys find out why Remington is taking out around 30% on WPS bets when they are only supposed to be taking out 18%?

You need to have your head examined betting Remington Park. I understand you had a tip, but tracks like that play games. I'm not surprised they screwed you. I would stay on them. You deserve more. That Canada excuse is hysterical.

You should be able to get the printout from the director of mutuels from the track. Say you are from Oklahoma and will get a hold of your congressman. I did this once and got a printout from Retama. I did not have to lay down a threat though.

I've done great betting on first-time starters at the smaller tracks. If there is a horse that I liked at a 2 year old sale and he is running aginst nobody at a place like Chales Town or Remington, those are actually some of my favorite bets. They don't come up that often but I may find one every week or so.

Fair enough, but those places prey on the unsophisticated bettors. How many times do you think people have questioned a payout there on track? They can get away with it.

I talked to them on the phone. They confimed that the numbers I had were correct. They confimed all the numbers that I posted here. There was $31,701 in the win pool. The winner had $2,090 bet to win on him. How could the horse only pay $20.20 to win? He should have paid about $24.80 to win.

Don't bet there again.

Incidentally, the horse yesterday was actually making his 2nd career start. I had made a small bet on him first-time out but thought he may need the race beacuse it's tough to win first-time out going long. So I bet him right back 2nd time out which was last night.

Ask to talk to the director of mutuels because they gave you incorrect numbers. And if they cannot get the director of mutuels tell them you will get a hold of your Oklahoma Congressman and find out about how licenses are revoked for the director of mutuels at the track.

If you want your money or make a point you can. I guarantee it. If they have made a mistake, or not... if you pester enough they will give you satisfaction. There are a lot of people in this state that think racing is crooked anyway. This track knows this.