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Originally Posted by Rupert Pupkin
I had the 50-1 shot. I only bet $30 WP because I figured it would be tough for him to be fit to run a mile first-time out. This horse had the fastest work of the day at the FT Feb sale. He worked an 1/8th of a mile in :10 1/5.
My buddy is playing poker at Hollywwod Park right now, which he only does around once a month. He called me and asked me if I liked anything today and I told him that the only horse I liked a little bit was this horse. He ended up betting $150 to win and $200 to place. He won over $11,000. He owes me big-time!
I've only made two best all day and I'm 2 for 2 with a 50-1 winner and a 6-1 winner. That's the good news. I made $3,000 today. The bad news is that I lost $3,000 last week. I can't hit one of these huge long-shots when I have $100 WP. IT's only when I bet $30 WP that they win.
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It was not an entirely happy ending for my friend because he bet a lot of the money over the phone at Skybook. I checked the website and it says that they pay full track odds. But when you read the fine print it says they only pay full track odds for "post-up players", which means cash players. My friend does not have cash there. He is a credit player. For credit players, they only pay 16-1 on the win and 8-1 on the place. He ended up getting screwed out of over $5,000. He's going to call his agent and make a big stink and see if he can convince them to pay him the full track odds.
Can you imagine only getting paid 16-1 on a 54-1 shot?