Quote:
Originally Posted by ateamstupid
You know I disagree with you on this and I don't think there's any data to back it up.
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I agree with you. Not only are low minimums better because they induce bettors to overuse bad longshots ... but there's nothing stopping anyone from playing a 10-cent bet ten times, or a 50-cent bet twice... and if they do, they avoid IRS signers and on some occasions, even withholding.
The only intelligent argument I've ever heard for higher minimums -- like a $2 pick six for instance -- is that they're much more likely to induce carryovers. Even so, I'm a fan of the lowest possible minimum under every circumstance.
And when one of these 50-cent Pick 5's carryover ... it's a great thing. There was a double-carryover on a 50-cent Pick 5 at Golden Gate earlier in the year that left a massive carryover into a Pick 5 on a day with all small fields and logical looking races. It was a situation where it was like welfare for horseplayers.
Low minimums equal = much better value for bettors who don't chase after hopeless longshots, less IRS paperwork, less chances of withholding, and even some generous carryover situations across the country, for those bettors who try and be optimistic.
I will never understand what JMS is talking about with this.