Beyer on Rainbow 6

[cmorioles]

It's like playing the lottery, except in the lottery you actually still win a bunch even if others hit. NO thanks!

[Calzone Lord]

By some miracle, I'd love to see this thing continue to carryover until closing day.

That would be mania.

[outofthebox]

Originally Posted by arizonadave

What did the dime P6 pay on Sunday?

15k

[Calzone Lord]

Originally Posted by cmorioles

It's like playing the lottery, except in the lottery you actually still win a bunch even if others hit. NO thanks!

I'm with you.

When the mandatory payout kicks in on closing day...it is an incredibly good bet, obviously.

[OTM Al]

Originally Posted by Calzone Lord

I'm with you.

When the mandatory payout kicks in on closing day...it is an incredibly good bet, obviously.

There's no equilibrium strategy to play this thing that I can come up with as it is easy to give a counter example for most anything. If everyone waits and loads up for closing day and ignores the day before closing day, then that is the day to jump the bet for a chance to take the whole thing down. But then if everyone took that strategy, it would roll back to the day before that and so on...Seven fig pool just play to pure greed, not smart handicapping. Mr. Crist's approach sounds like a good alternative, but then you will be dumping hundreds on a dime based bet and will still get busted if you get 2 chaos results out of 6. He probably can afford it. I can't. No thanks.

It is an absolute sucker bet. A real P6 is hard enough and should be played by very few people out there, but it seems like everyone now has big ..errrr... "johnson" syndrome and wants to pretend to be a playah. This thing sucks the money right out of that crowd, creating zero churn and, as Mr Beyer says, a 52% effective take. Worst bet in existance.

[ateamstupid]

The success of the Rainbow 6 in the face of blatantly terrible value underscores what a counterproductive anachronism it is to have $2 Pick 6 minimums at our major tracks. I'm not saying we should go to $.10, but just from a marketing standpoint, telling people "you could win 5 figures with this bet! First, put up 4 figures" is embarrassing.

[golfer]

Originally Posted by ateamstupid

The success of the Rainbow 6 in the face of blatantly terrible value underscores what a counterproductive anachronism it is to have $2 Pick 6 minimums at our major tracks. I'm not saying we should go to $.10, but just from a marketing standpoint, telling people "you could win 5 figures with this bet! First, put up 4 figures" is embarrassing.

I agree completely. I hit the thing Saturday with a "Syndicate" $150 wager. Was it a great thing to do with $150? Would that $ have been better spent somewhere else? Maybe/probably, but I know one thing, I'm not putting in a $3K ticket, syndicate or not. So maybe a point between .10 cents and $2 is what's needed.


But it's definitely the .10 cent incriment that attracts people, horrible takeout or not, IMO

[Vegaskid]

I would imagine the betting of the pick 6 on days of wed & thurs will produce the single ticket winner due to the fact the amount of players putting in tickets those days are somewhat lower than the weekends. But the fact that some syndicates are going at it now that its in the 7 figure range could cause every combination to be covered up. I will pass and continue to root for carryover until mandatory payout on closing day, then look to load up on that day of what i would have been donating daily. My friend insists now that everyone is playing into it it has caused even multiple payouts to be very juicy because the amount of money being dumped into long shot plays. So he plays modest 20 tickets keying some strong favs thinking the payouts are nice due to that reason. I'm yet to be convinced.

The consolation payoffs have been decent at least. So you may not have the sole winning ticket but I would imagine some of these players may have hit these consolations multiple times and/or on multiple days.

I really don't agree with a one ticket approach that wins the jackpot. What if the same player plays multi tickets and hits it twice and he having the only 2tickets won. He would get the consolation times 2 instead of the full jackpot.

[hi_im_god]

Originally Posted by helicopter11

I really don't agree with a one ticket approach that wins the jackpot. What if the same player plays multi tickets and hits it twice and he having the only 2tickets won. He would get the consolation times 2 instead of the full jackpot.

and deserve it. bad enough you're just about guaranteed of having all logical and most completely random combinations counterfeited. why would anyone play multiple combinations of the same numbers and counterfeit themselves?

[art vanderlay]

Today it paid $111500 for a dime.

[Calzone Lord]

Originally Posted by OTM Al

a 52% effective take. Worst bet in existance.

Yep... until closing day when they give it all away and the takeout goes from 52% to positive expectations with a lot of dreamers still playing fluky combinations.

[OTM Al]

Originally Posted by Calzone Lord

Yep... until closing day when they give it all away and the takeout goes from 52% to positive expectations with a lot of dreamers still playing fluky combinations.

It's amazing to read the comments at DRF about this (well, it is always at minimum stupifying, regardless of what the article is...). It's lotto except even if you win you generally don't really win.

[blackthroatedwind]

Originally Posted by OTM Al

It's amazing to read the comments at DRF about this (well, it is always at minimum stupifying, regardless of what the article is...). It's lotto except even if you win you generally don't really win.

It's pretty amazing to read some of the comments in this thread as well.

[asudevil]

Any guesses on what the pot could be come early April?