Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Today's Posts

Reply
 
Thread Tools Display Modes
  #1  
Old 11-22-2007, 10:00 AM
ArlJim78 ArlJim78 is offline
Newmarket
 
Join Date: May 2006
Posts: 6,549
Default Pick 6 - Good or Bad for racing?

I found this article and the author seems to think that pick six mania is not a good thing. Mainly because its hard to hit, and there are few winners. (duh)
He acknowledges that it builds excitment and draws people out, but argues that since they are more likely to lose their bankroll, they won't be able to come back and play tomorrow.

I disagree with him and think that people are able to figure out that if they have only a $100 or $200 bankroll that the pk6 is not something wise to persue.

also the part where he states that he feels he is one of the best handicappers in the country was a turnoff. whether he is or not, I don't know, but i think its mighty pompous to drop in that line.

any thoughts? In my opinion anything that brings people out and generates news and excitement in wagering is a good thing for the game.

http://sports.espn.go.com/sports/hor...emy&id=3122184
Reply With Quote
  #2  
Old 11-22-2007, 10:12 AM
pmacdaddy's Avatar
pmacdaddy pmacdaddy is offline
The Curragh
 
Join Date: Oct 2006
Location: Long Island, NY
Posts: 2,867
Default

I think anything that generates coverage and interest has to be a good thing.

I also don't think most folks dropping $500+ on a Carryover are likely to change their wagering pattern based on missing it.
Reply With Quote
  #3  
Old 11-22-2007, 10:21 AM
blackthroatedwind blackthroatedwind is offline
Jerome Park
 
Join Date: Jun 2006
Posts: 9,938
Default

He brings up, sort of, the obvious " anti-Pick-6 " points ( without implicitly, seemingly, understanding the biggest potential downfall of big Pick-6 payoffs in that it can take real money out of betting circulation ). However, he completely leaves out the single biggest positive of Pick-6 carryovers. Now, maybe this is because he, admittedly, doesn't understand the bet, but to fail to mention that carryovers dramatically reduce the take-out, sometimes to the point of creating a positive equity situation, is to absolutely miss the whole point. So, I have to ask myself, did he write an article like this out of ignorance of his subject or did he intentionally intend to mislead?
Reply With Quote
  #4  
Old 11-22-2007, 10:22 AM
TheSpyder's Avatar
TheSpyder TheSpyder is offline
Del Mar
 
Join Date: Jun 2006
Location: Nothing could be finer
Posts: 5,140
Default

People who play the pick six want to, realize the downside, and even if they are not great cappers, also understand that it's a long shot. If it were bad for racing we'd see the pools in Calif, slowly go down as people stopped playing. That sure doesn't seem the case so I don't think his premise is accurate.

Spyder
__________________
Don't sweat the petty things and don't pet the sweaty things.
Reply With Quote
  #5  
Old 11-22-2007, 10:35 AM
ArlJim78 ArlJim78 is offline
Newmarket
 
Join Date: May 2006
Posts: 6,549
Default

Quote:
Originally Posted by blackthroatedwind
He brings up, sort of, the obvious " anti-Pick-6 " points ( without implicitly, seemingly, understanding the biggest potential downfall of big Pick-6 payoffs in that it can take real money out of betting circulation ). However, he completely leaves out the single biggest positive of Pick-6 carryovers. Now, maybe this is because he, admittedly, doesn't understand the bet, but to fail to mention that carryovers dramatically reduce the take-out, sometimes to the point of creating a positive equity situation, is to absolutely miss the whole point. So, I have to ask myself, did he write an article like this out of ignorance of his subject or did he intentionally intend to mislead?
I'm guessing ignorance because he implied that the better cappers (people like himself ) avoid the play because they know they can't hit it.

i'm pretty sure the opposite is true because the better, sharper players are attracted to the carryover days precisely for the reason you mentioned, no takeout, or negative takeout.
Reply With Quote
  #6  
Old 11-22-2007, 10:36 AM
jballscalls's Avatar
jballscalls jballscalls is offline
Ellis Park
 
Join Date: Aug 2006
Location: renton, washington
Posts: 484
Default

the other thing i do like about the pick 6 is that when people cap the pick 6 hard they dont just play the pick 6, but they play the vertical bets as well during those races. If a guy busts out in the first leg, he's still likely to stay around and play the other legs in pick 3's, 4's exactas and trifectas.
__________________
You can buy my horse racing/gambling novel Southbound at Amazon, BN, or Powells or various bookstores.

On twitter @BeemieAwards
Reply With Quote
  #7  
Old 11-22-2007, 10:55 AM
NoChanceToDance's Avatar
NoChanceToDance NoChanceToDance is offline
The Curragh
 
Join Date: Mar 2007
Location: I live in a world of mystery
Posts: 2,907
Default

They may be hard to hit, but the possibility of a huge pay out for a small sum is too much for many, including many of us. Deep down we know we won't hit a pick six but we play them anyway.

The pick six brings the big and small bettors together.

We have known what is called a jackpot and scoop six (which is the same bet as the pick six over here), and regularly they roll over to becomes £ million pools.

I'm with you, jim..... surely these bets can do no harm to racing. It brings in excitement and possibly brings in people who would not usually bet before. Small stakes for possible huge returns.
__________________
Avatar ~ Nicky Whelan

and now we murderers because we kill time
Reply With Quote
  #8  
Old 11-22-2007, 12:33 PM
ALostTexan's Avatar
ALostTexan ALostTexan is offline
Sheepshead Bay
 
Join Date: Mar 2007
Posts: 1,101
Default

Quote:
Originally Posted by jballscalls
the other thing i do like about the pick 6 is that when people cap the pick 6 hard they dont just play the pick 6, but they play the vertical bets as well during those races. If a guy busts out in the first leg, he's still likely to stay around and play the other legs in pick 3's, 4's exactas and trifectas.
I agree with this. If there is a big P6 pool, I am attracted to that track. Now, I know that unless you have a very big bankroll, which I never do, there is a very, very slim chance of hitting the P6. But I wind up playing alot of other races on the card, and will make my "lottery style" P6 ticket based on the handicapping, which means to keep the ticket under $8. I know that the odds of hitting the P6 on an $8 ticket are extremely, extremely low, but not much higher on a ~$100 ticket, so I just have fun with it and play those other races that I have handicapped.

I sort of wish more tracks had a bet like the Fortune 6 that Beulah has. I guess that probably wouldn't work at the hugh tracks like SoCal, but I could see it working at the NYRA tracks, getting their P6-type players more into it...
Reply With Quote
  #9  
Old 11-22-2007, 12:34 PM
ArlJim78 ArlJim78 is offline
Newmarket
 
Join Date: May 2006
Posts: 6,549
Default

speaking of pick6's, I think Hollywood is trying their hardest to get a doublecarry going into the holiday weekend.

todays field sizes for the pick six are, 6 x 14 x 7 x 11 x 11 x 13.
and that is after scratches! and there are no easy singles, or "free squares" as some call them.

i'm sitting out this one, and just playing vertical today.
Reply With Quote
  #10  
Old 11-22-2007, 01:31 PM
sumitas sumitas is offline
Santa Anita
 
Join Date: Jun 2006
Posts: 3,362
Default

Any exotics imo are sucker bets. The pick 6 being the highest form of a suckers bet. Approach it as a lottery, keep the ticket under $10 and you may get lucky. That's my personal opinion. Is it good or bad ? Probably good if people are betting it.

Last edited by sumitas : 11-22-2007 at 01:46 PM.
Reply With Quote
  #11  
Old 11-22-2007, 01:58 PM
pmacdaddy's Avatar
pmacdaddy pmacdaddy is offline
The Curragh
 
Join Date: Oct 2006
Location: Long Island, NY
Posts: 2,867
Default

Quote:
Originally Posted by sumitas
Any exotics imo are sucker bets. The pick 6 being the highest form of a suckers bet. Approach it as a lottery, keep the ticket under $10 and you may get lucky. That's my personal opinion. Is it good or bad ? Probably good if people are betting it.
How is a wager with basically no takeout (courtesy of Carry) a sucker bet?

I would say the small ticket approach could be considered somewhat of a sucker play because the deck is quite stacked against you.
Reply With Quote
  #12  
Old 11-22-2007, 02:16 PM
sumitas sumitas is offline
Santa Anita
 
Join Date: Jun 2006
Posts: 3,362
Default

Never bet more than you can afford to lose. I'll leave it at that.
Reply With Quote
  #13  
Old 11-22-2007, 02:18 PM
hockey2315 hockey2315 is offline
Del Mar
 
Join Date: May 2006
Posts: 5,403
Default

Quote:
Originally Posted by sumitas
Never bet more than you can afford to lose. I'll leave it at that.
What does that have to do with the pk6 being a "sucker bet"?
Reply With Quote
  #14  
Old 11-22-2007, 02:40 PM
Bobby Fischer's Avatar
Bobby Fischer Bobby Fischer is offline
Oaklawn
 
Join Date: Apr 2007
Posts: 2,401
Default

It is great for racing.

The betting public doesn't need to be protected from itself.

The industry has so much room for improvement in areas like Mass Media, and Drug Rules , but the pick 6 is not a problem.
Reply With Quote
  #15  
Old 11-22-2007, 06:06 PM
Riot's Avatar
Riot Riot is offline
Keeneland
 
Join Date: Mar 2007
Posts: 14,153
Default

He lost me in the first paragraph, when he called Perry "Cuomo" on vinyl not a good thing.
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
Reply With Quote
  #16  
Old 11-22-2007, 07:38 PM
Cannon Shell's Avatar
Cannon Shell Cannon Shell is offline
Sha Tin
 
Join Date: Aug 2006
Posts: 20,855
Default

Quote:
Originally Posted by Riot
He lost me in the first paragraph, when he called Perry "Cuomo" on vinyl not a good thing.
He meant Mario
Reply With Quote
  #17  
Old 11-22-2007, 11:30 PM
ateamstupid's Avatar
ateamstupid ateamstupid is offline
Super Mod.. and Super Fly
 
Join Date: Jun 2006
Location: Brooklyn, NY
Posts: 13,036
Default

Quote:
Originally Posted by sumitas
Any exotics imo are sucker bets. The pick 6 being the highest form of a suckers bet. Approach it as a lottery, keep the ticket under $10 and you may get lucky. That's my personal opinion. Is it good or bad ? Probably good if people are betting it.
That's a new one..
Reply With Quote
  #18  
Old 11-23-2007, 10:23 AM
brianwspencer's Avatar
brianwspencer brianwspencer is offline
Atlantic City Race Course
 
Join Date: Oct 2006
Location: Chicago, IL
Posts: 4,894
Default

I don't play the pick-6, because I can't afford to take a stab at it that I really think has a chance of winning.

I know it is possible, but I just don't feel comfortable diving into a million-combination sequence with less than 100 of them.

However, I think this article totally misses the point, and that the wager is great for racing and for horseplayers as a chance to recoup some takeout.
Reply With Quote
  #19  
Old 11-24-2007, 10:50 AM
hi_im_god's Avatar
hi_im_god hi_im_god is offline
Arlington Park
 
Join Date: Nov 2006
Posts: 4,043
Default

his arguement is that lotteries are proliferating and the american public thirsts for a big score so racing shouldn't offer that.

because handle will go down.

do i have that right?
Reply With Quote
  #20  
Old 11-24-2007, 11:55 AM
ArlJim78 ArlJim78 is offline
Newmarket
 
Join Date: May 2006
Posts: 6,549
Default

Quote:
Originally Posted by hi_im_god
his arguement is that lotteries are proliferating and the american public thirsts for a big score so racing shouldn't offer that.

because handle will go down.

do i have that right?
yeah, you're right, but the lottery people don't come back week after week chasing the big jackpot do they...oh wait...nevermind.
Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 12:17 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.