10k Breeders' Cup Handicapping Tournament

[Dunbar]

Originally Posted by JJP

So the winner has to put up $10,000 to get a measly 15-1 payoff and how about the horrific 5-1 the runnerup gets? Just when you think those in power in horse racing couldn't be any more stupid, they outdo themselves.

Yeah, really stupid. They give back 106% of the (effective) entry fees in prize money, offer two days of free Breeder's Cup tickets + free food/drink for every entrant, and toss in 6 chances to make a limited-entry $500K tournament and an extra $1000 for expenses to that tournament. Who's going to fall for a lousy deal like that?!

Look, this tournament is clearly not for everyone. If you are a $10 bettor, forget about it. But if you have good tournament skills, then you have a big edge on the average entrant who will over-emphasize capping and under-emphasize the need to score big. A person with both tournament and capping skills should have a very big edge.

The perfect entrant for this BC tourny would be someone who routinely bets hundreds on exactas and tri's (or more accurately, routinely bets in a way that would produce a profit in the thousands), has excellent tournament skills, can cap well, is willing to go to the Las Vegas tournament if he/she gets a free entry, and wants to see the BC live anyway. The closer anyone is to having those attributes, the better this tournament fits.

--Dunbar