Churchill to offer 50 cent Tri's and P3's

[RockHardTen1985]

Originally Posted by Scav

Starting tomorrow...

Churchill to Offer 50-cent Minimum Bets
Wednesday, November 18
3:58 pm • Tags: Twinspires
Starting this Thursday, Churchill Downs will begin offering 50-cent minimum trifectas and Pick-3 wagers. The 50-cent trifectas have been popular at tracks across the country including Keeneland and Arlington Park.

In addition to the 50-cent trifectas and Pick-3 wager, Churchill Downs also currently offers a 50-cent Pick 4.

First post at Churchill on Thursday and for the rest of this week is set for 12:40pm Eastern/9:40am Pacific.

I have totally jumped off the pick 4 and on to the pick 3... I dont know if this is good or bad, people can now cover a lot more combo's... We shall see.

[3kings]

Originally Posted by RockHardTen1985

I have totally jumped off the pick 4 and on to the pick 3... I dont know if this is good or bad, people can now cover a lot more combo's... We shall see.

I'm not sure either, but I think the Crist multi-ticket method is the way to go. It will allow you to play more tickets and therefore cash more even if your opinion is a little off in 1 race.

It's a bad idea for pick 3's.

[chucklestheclown]

I am bummed about the taxes.

[philcski]

Originally Posted by Coach Pants

It's a bad idea for pick 3's.

Disagree- helps avoid tax tickets. Pool sweepers would be the only prices that might get dampened, and even that I'm not sure about. Lower minimums benefit the player greatly.

[rstp354]

Originally Posted by philcski

Disagree- helps avoid tax tickets. Pool sweepers would be the only prices that might get dampened, and even that I'm not sure about. Lower minimums benefit the player greatly.

I agree - for example, when Supers were a $1 minimum I hardly ever played them...now that they are 10 cent minimum I play them. I would play more pick 3's and pick 4's if the minimum bet was less. And they also help to avoid "signers". All exotic bets should be a 10 cent minimum IMO.

[VOL JACK]

Originally Posted by rstp354

I agree - for example, when Supers were a $1 minimum I hardly ever played them...now that they are 10 cent minimum I play them. I would play more pick 3's and pick 4's if the minimum bet was less. And they also help to avoid "signers". All exotic bets should be a 10 cent minimum IMO.

It's still very easy to have a dime super that is a signer....thank goodness there are plenty of ten percent cashers at the track.

[Scav]

Originally Posted by VOL JACK

It's still very easy to have a dime super that is a signer....thank goodness there are plenty of ten percent cashers at the track.

This couldn't be more wrong

Originally Posted by philcski

Disagree- helps avoid tax tickets. Pool sweepers would be the only prices that might get dampened, and even that I'm not sure about. Lower minimums benefit the player greatly.

I just feel that it will be a temporary boost to the pools that could result in a decline once the regular pick 3 players figure out their returns are being cut by bottom feeders.

You're the math wiz though. It just seems like there would be a few more winners.

[philcski]

Originally Posted by Coach Pants

I just feel that it will be a temporary boost to the pools that could result in a decline once the regular pick 3 players figure out their returns are being cut by bottom feeders.

You're the math wiz though. It just seems like there would be a few more winners.

Someone did a study on .50 cent pick 4's versus $1 pick 4's comparing the payoffs with respect to the parlay value. I can't remember where I saw it but I think it was on horseplayerdaily.com, and essentially the result was the chalkiest of pick 4's paid slightly more than they would have with a $1 minimum and medium-high payoffs (something like $600-$2,500 for a buck) paid slightly less. This result makes sense IMO- people play more combinations so the formerly overbet chalky combinations that everyone have get a boost and the combinations including perhaps one outlier which can now be covered with a lower budget drop slightly. I'd guess this study would translate to pick 3's as well.