2/18-20 (CD): Kentucky Derby Future Wager (Pool 1)

[johnny pinwheel]

Originally Posted by Dunbar

It's a bet like any other horse bet. You have info, and you look at the info to see if there's a bet that is an overlay. It has the same takeout as any other Churchill bet.

With any horse bet, in addition to the track take you're up against inside information. I don't know if the amount of inside info is greater with the Future Wager or not. If you think it is greater, then that's one good reason to stay away from the future wager. Otherwise, it's a bet like any other bet.* I happen to think it has offered some monster edges in the past.

--Dunbar

* But where else do you get people betting on horses when they could have waited a few hours to make the same bet, but could have watched the horse actually run a race in the meantime?! I like betting against that kind of bettor.

yeah, you make a point. but to me betting on some horse 3 months ahead of time at 3-1 when hes probably going to be not much lower than that anyway(if he even runs). same with the field at 1-1............really 1-1 , whats the objective?....throw your money on the floor or risk it for 3 months at even money or do people just want to say "i cashed in the future pool". thats where the money is so my question is "who bets that?" frankly if you are betting anything under 30-1, you are nuts. a friend of mine loved giacomo....he bet him in the futures............the horse started losing and paid more on derby day.....3 months later and live....yeah, thats a great bet....

[Dunbar]

Originally Posted by johnny pinwheel

yeah, you make a point. but to me betting on some horse 3 months ahead of time at 3-1 when hes probably going to be not much lower than that anyway(if he even runs). same with the field at 1-1............really 1-1 , whats the objective?....throw your money on the floor or risk it for 3 months at even money or do people just want to say "i cashed in the future pool". thats where the money is so my question is "who bets that?" frankly if you are betting anything under 30-1, you are nuts. a friend of mine loved giacomo....he bet him in the futures............the horse started losing and paid more on derby day.....3 months later and live....yeah, thats a great bet....

If you think 3-1 (which turned out to be 7-2) on Uncle Mo is ridiculously low, then that implies that some other horse is probably an overlay. This is a routine handicapping event--an overbet favorite. Take advantage of it.

I would agree with you about the Field bet if it were indeed 1-1. But it was 2.10-1. Furthermore, if you constructed a win bet from bets in the exacta pool, you could have gotten 3.6-1 to win on the Field. I think 3.6-1 is a humongous overlay, and I don't mind in the least sitting on it 2.5 months.

--Dunbar

[Scav]

I just thought of something and I wish I would have tried this, could you have boxed 'All Others / All others' in the exacta?

If you can't, what happens to the exacta future wager if it comes up All Others / All Others?

[ranger5830]

Originally Posted by Scav

I just thought of something and I wish I would have tried this, could you have boxed 'All Others / All others' in the exacta?

If you can't, what happens to the exacta future wager if it comes up All Others / All Others?

From the Kentucky Derby Future Wager rules:



1.3. All runners in the Mutuel Field of the "Futures Exacta" shall be treated as a "Coupled Entry" for the purposes of determining winning tickets and payouts. (In the event multiple Mutuel Field runners finish in positions affecting the determination of winning tickets and payouts, the calculation of the $2 payout will be conducted in a manner consistent with the approved method for "Coupled Entries" as contained in KHRC rules and/or the laws of the Commonwealth of Kentucky. By way of example, with #24 representing the Mutuel Field/All Others, a finish of 1/24/24/24/3 would result in an exacta payout to holders of a 1/24 ticket; a finish of 24/24/24/9 would result in an exacta payout to holders of a 24/9 ticket.)

[Scav]

Originally Posted by ranger5830

From the Kentucky Derby Future Wager rules:



1.3. All runners in the Mutuel Field of the "Futures Exacta" shall be treated as a "Coupled Entry" for the purposes of determining winning tickets and payouts. (In the event multiple Mutuel Field runners finish in positions affecting the determination of winning tickets and payouts, the calculation of the $2 payout will be conducted in a manner consistent with the approved method for "Coupled Entries" as contained in KHRC rules and/or the laws of the Commonwealth of Kentucky. By way of example, with #24 representing the Mutuel Field/All Others, a finish of 1/24/24/24/3 would result in an exacta payout to holders of a 1/24 ticket; a finish of 24/24/24/9 would result in an exacta payout to holders of a 24/9 ticket.)

Thanks Ranger, that is awesome...

[dylbert]

I saw Santiva live Saturday and was swayed enough to place $2 future wager. My over-the-top play is Santiva over Sweet Ducky exacta!

If both should occur, this post will get a much deserved "bump" on May 7!

[clyde]

Originally Posted by Dunbar

If you think 3-1 (which turned out to be 7-2) on Uncle Mo is ridiculously low, then that implies that some other horse is probably an overlay. This is a routine handicapping event--an overbet favorite. Take advantage of it.

I would agree with you about the Field bet if it were indeed 1-1. But it was 2.10-1. Furthermore, if you constructed a win bet from bets in the exacta pool, you could have gotten 3.6-1 to win on the Field. I think 3.6-1 is a humongous overlay, and I don't mind in the least sitting on it 2.5 months.

--Dunbar

You can put it right next to your eggs...kill many birds with one fat dupa.