Del Mar "Guaranteed Pick 4"

[Danzig]

http://www.nbcsandiego.com/news/spor...317084471.html

We've all seen tracks have to cancel due to rain, heat, snow, hurricanes, etc. Bad weather is exceedingly rare at Del mar. They had no way of knowing how it would turn out when they pulled the bet. It was unknown ground for them.

[pointman]

It is comical when people completely ignore questions to which the answers logically undermine their arguments and continue to try to push a nonsensical position instead of just admitting that logically they are wrong.

Lack of full fields allows them to pull the guarantee? jms has completely shot that argument. Further, go to their website and try to find where it says that. What other grounds do they have to pull it? Is there an asterisk next to the word guarantee anywhere? Is it a guarantee when they have conditions where they can pull it?

I am amazed that people are not only willing to be slapped in the face by the track, they are willing to take it and then support the track for doing it.

[pointman]

Originally Posted by jms62

Is it written anywhere that the Guarantee is based upon full fields? And what defines a "full field" ? What about the player that put in his ticket before the card started and then took the family out to dinner? They should have cancelled the card.

Originally Posted by NTamm1215

If NYRA cancelled a guaranteed wager after rain at Saratoga, the noise from the ferocious clicking of keyboards by enraged racing journalists would be heard in NYC.

Exactly.

I can recall a number of times where NYRA has not met the minimum and filled the pool with the guarantee. You are no doubt correct Nick.

[pointman]

Originally Posted by Danzig

http://www.nbcsandiego.com/news/spor...317084471.html

We've all seen tracks have to cancel due to rain, heat, snow, hurricanes, etc. Bad weather is exceedingly rare at Del mar. They had no way of knowing how it would turn out when they pulled the bet. It was unknown ground for them.

So what?

You continue to ignore the fact that it was not so bad that they didn't just run the entire card, they kept the 4th race on the turf, which, by the way, was run in a legitimate time that suggested the exceedingly rare weather on the turf course didn't really slow the horses at all. Not to mention they turf course is firm today.

[saratogadew]

Originally Posted by Danzig

http://www.nbcsandiego.com/news/spor...317084471.html

We've all seen tracks have to cancel due to rain, heat, snow, hurricanes, etc. Bad weather is exceedingly rare at Del mar. They had no way of knowing how it would turn out when they pulled the bet. It was unknown ground for them.

But they didn't "pull the bet". They kept the bet. They pulled their "guarantee" on the bet. If they would have pulled (cancelled) the bet. No problem. But keeping the bet and pulling their guarantee on the bet, that's an issue. I'm with Pointman on this.

[philcski]

I am with Pointman as well. You can't advertise something as a "guarantee", get worried it's not going to reach said number, then pull it. I don't care what the external forces were, poor decision on their part.

And I played the sequence yesterday and I'm going to Del Mar today so it's not that I'm anti-DMR.

[Danzig]

Originally Posted by saratogadew

But they didn't "pull the bet". They kept the bet. They pulled their "guarantee" on the bet. If they would have pulled (cancelled) the bet. No problem. But keeping the bet and pulling their guarantee on the bet, that's an issue. I'm with Pointman on this.

I neither agree nor disagree with what they did. Just explaining why they did. They faced something that they didn't foresee, and acted how they thought best. In having dealt with something new, they'll know in future they can still reach the guaranteed amount. And since they still got over 600k, I don't know why it matters.
I figure they'll make sure to have language in place in case it ever happens again