Del Mar "Guaranteed Pick 4"

[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