Derby Future Wager Pool 1 -- Feb. 12-15

Monarchos1 · #1 02-10-2009, 03:41 PM

I don't know why they included This One's for Phil, given that he isn't even nominated. Geez, they only have 23 individual horses and you'd think they could at least list horses that are currently eligible. Seems kind of fraudulent to me because some folks playing these will just be looking at names and not even understand. But perhaps that's why they did it. Reminds me of that silly Calder Derby - KY Derby bet last year when nearly half of the horses listed for the latter part of the bet were no longer under consideration.

SniperSB23 · #2 02-10-2009, 03:46 PM

Quote:

Originally Posted by Monarchos1

I don't know why they included This One's for Phil, given that he isn't even nominated. Geez, they only have 23 individual horses and you'd think they could at least list horses that are currently eligible. Seems kind of fraudulent to me because some folks playing these will just be looking at names and not even understand. But perhaps that's why they did it. Reminds me of that silly Calder Derby - KY Derby bet last year when nearly half of the horses listed for the latter part of the bet were no longer under consideration.

It's parimutuel so they make no more money by tricking people. Guess they thought the horse would take money despite not being nominated so didn't want to include him with the field.

robfla · #3 02-10-2009, 03:55 PM

Quote:

Originally Posted by SniperSB23

It's parimutuel so they make no more money by tricking people. Guess they thought the horse would take money despite not being nominated so didn't want to include him with the field.

not true - if you bet the horse and he doesnt run you dont get your money back... you lose

SniperSB23 · #4 02-10-2009, 03:57 PM

Quote:

Originally Posted by robfla

not true - if you bet the horse and he doesnt run you dont get your money back... you lose

That's true, and does nothing to contradict what I just said.

robfla · #5 02-10-2009, 04:00 PM

Quote:

Originally Posted by SniperSB23

That's true, and does nothing to contradict what I just said.

OK, sure.

If the horse is not nominated the horse should not be an entry. simple as that.

CD keeps the money bet on a horse that doesnt run

Danzig · #6 02-10-2009, 04:20 PM

Quote:

Originally Posted by robfla

OK, sure.

If the horse is not nominated the horse should not be an entry. simple as that.

CD keeps the money bet on a horse that doesnt run

the bet money doesn't get paid out to all the winning bettors? isn't that how they decide the odds? other than the takeout of course...

SniperSB23 · #7 02-10-2009, 04:28 PM

Quote:

Originally Posted by Danzig

the bet money doesn't get paid out to all the winning bettors? isn't that how they decide the odds? other than the takeout of course...

Yes, it does. That is why if you restrict it to 23 horses you want to include the 23 most likely to take money regardless of whether they are nominated. Otherwise the field entry winds up taking too much money and people won't bet it at the low odds.

hockey2315 · #8 02-10-2009, 08:16 PM

Quote:

Originally Posted by robfla

OK, sure.

If the horse is not nominated the horse should not be an entry. simple as that.

CD keeps the money bet on a horse that doesnt run

CD's inclusion is pretty idiotic and irresponsible (most likely just an oversight), but it doesn't benefit them in any way. In all actuality, since it's a parimutuel wager, it gives a slight edge to anyone betting on any other horse in the field. CD doesn't keep the money - this isn't a vegas future - it'll be paid out to whoever bets on the winning entry. . .

SniperSB23 · #9 02-10-2009, 08:25 PM

They have until March 28th to late nominate him for $6,000 which I'm sure they'll do if he wins the Fountain of Youth and is entered in the Florida Derby. It's hardly a big deal that he isn't nominated. Last year Eight Belles and Recapturetheglory were late nominees and both wound up in the Derby top five.