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#1
03-13-2016, 10:36 AM
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Congrats (again) JMS on GP P6
Outrageous score
 Boxcar conso..... Glad I'm not smart enough to realize it is a bad bet until closing day $86,800.88
__________________
The virtue of a man ought to be measured, not by his extraordinary exertions, but by his everyday conduct. Blaise Pascal 
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#2
03-13-2016, 12:25 PM
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🎉🏆🍻 Great job Jim! Congratulations.. We should do a segment discussing it. Continues to be a divisive subject.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
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#3
03-13-2016, 01:19 PM
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#4
03-14-2016, 07:56 AM
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Jim, Im late to the party, but congrats on a tremendous hit. You said it in the other thread, if it was a weekday, you probably would've taken down the whole thing, I think you are right.
Congrats again.
__________________
Felix Unger talking to Oscar Madison: "Your horse could finish third by 20 lengths and they still pay you? And you have been losing money for all these years?!"
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#5
03-14-2016, 08:41 AM
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__________________
The virtue of a man ought to be measured, not by his extraordinary exertions, but by his everyday conduct. Blaise Pascal
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#8
03-14-2016, 10:31 AM
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#9
03-14-2016, 10:42 AM
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congrats jms
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#11
03-14-2016, 12:13 PM
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$1,000,000, 2,000,000 -- or whatever rolling average you want to use -- held out of circulation for months is unarguably a big negative for horseplayers and the sport at large in terms of handle/churn. The other issue on the negative side is the growth of the pool on the backs of small bankroll players that will then be very much against it when it comes time for forced distribution versus the barracudas and amalgamated pool plays. In the middle is an interesting group approaching it like Paul, Jim and my late friend Chet who snare consos small to Saturday's bonus-sized on medium-large investments. Very complex discussion.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
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#12
03-14-2016, 01:31 PM
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I am hunting for a 5 figure score. A $500 ticket can get some incredible coverage especially if you narrow a couple legs to 2 or 3. The beauty of this is that at .20 the amount of coverage I can get makes it EXTREMELY risky for a big syndicate. Say they are coming in with 20 K... They would have lost money half the time.... Even on closing day..... A couple favorites and they will be underwater... I love this but my line in the sand is 2 million to get involved other than that I won't touch....
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#13
03-14-2016, 01:38 PM
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Good discipline . I like that you played the next day after the hit. The money is still in there. You're running good so play . Like running the same play in hoops or football , till they stop you.
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#14
03-14-2016, 01:54 PM
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This is tremendous! Well done, jms. Wow!
Cheers, Otis
__________________
"Good luck had just stung me, so to the race track I did go" - Levon Helm
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#15
03-14-2016, 02:17 PM
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I completely understood going after the consos as explained by Chet 2 years ago, Paul Matties and you, et al.. The debatable question out there is whether this concept is good for the sport and players in general. Based on some of the info involved that you're providing, maybe it can be said it's OK for certain sized players at certain times in it's cycle. Overall? 
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
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#16
03-14-2016, 02:50 PM
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Do you look at it like " can they hit it today ? " before you decide on weather to play as an alternative way of thinking . Or something along the lines of 4 bad faves, I'm in . 4 faves who look vey tough , I'm out ??
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#17
03-14-2016, 03:04 PM
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#18
03-14-2016, 04:26 PM
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Hi all
What's the consolation payout each day/percentage wise? To all your points- particularly on the part of keeping a large amount out of circulation.....I'm trying to get my head around the cash flow here. Is it each day 70% out/15% added to jackpot/15% to 'the house'? thanks Ron
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#19
03-14-2016, 08:10 PM
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#20
03-15-2016, 08:15 AM
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70 percent of the pool after 20% takeout is returned to those with the most winners and 30 percent goes into the carryover. Last edited by robfla : 03-15-2016 at 08:41 AM.
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