Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Today's Posts

Reply
 
Thread Tools Display Modes
  #1  
Old 05-21-2014, 09:03 AM
tector's Avatar
tector tector is offline
Sheepshead Bay
 
Join Date: May 2007
Location: South Florida
Posts: 1,053
Default

Is there anything preventing other tracks from offer a similar bet? Certainly any of the major players could do it.

GP primes the pump on this wager during the core of their winter meet, and now has been able to carry it forward an extra 8 weeks or so. Good for them, and tough crap for loser tracks that can't (or increasing in the case of CDI tracks, won't) compete.
Reply With Quote
  #2  
Old 05-21-2014, 09:07 AM
Rudeboyelvis Rudeboyelvis is offline
Belmont Park
 
Join Date: Nov 2006
Posts: 7,440
Default

Quote:
Originally Posted by tector View Post
Is there anything preventing other tracks from offer a similar bet? Certainly any of the major players could do it.

GP primes the pump on this wager during the core of their winter meet, and now has been able to carry it forward an extra 8 weeks or so. Good for them, and tough crap for loser tracks that can't (or increasing in the case of CDI tracks, won't) compete.
Agree - it is brilliant strategy. I've played it quite regularly since March, a time when typically I write off South FL racing until December
Reply With Quote
  #3  
Old 05-21-2014, 09:12 AM
Rudeboyelvis Rudeboyelvis is offline
Belmont Park
 
Join Date: Nov 2006
Posts: 7,440
Default

I'm curious how many syndicates would consider buying the sequence - to draw some rough assumptions - say 8 mill in the total pool and, for the sake of my poor math skills, 10 betting interests per race -

So to cover every horse, 10 to the 6th power or 1 million / .20 wager so $200,000 to buy the field. Is that right?

I'd say that the reality of it paying that well is minimal.
Reply With Quote
  #4  
Old 05-21-2014, 09:16 AM
jms62's Avatar
jms62 jms62 is offline
Saratoga
 
Join Date: Mar 2007
Posts: 19,802
Default

Quote:
Originally Posted by Rudeboyelvis View Post
I'm curious how many syndicates would consider buying the sequence - to draw some rough assumptions - say 8 mill in the total pool and, for the sake of my poor math skills, 10 betting interests per race -

So to cover every horse, 10 to the 6th power or 1 million / .20 wager so $200,000 to buy the field. Is that right?

I'd say that the reality of it paying that well is minimal.

Would be a shame if someone scooped it Friday-Saturday or Sunday while everyone was waiting for the big day
Reply With Quote
  #5  
Old 05-21-2014, 09:23 AM
tector's Avatar
tector tector is offline
Sheepshead Bay
 
Join Date: May 2007
Location: South Florida
Posts: 1,053
Default

Quote:
Originally Posted by jms62 View Post
Would be a shame if someone scooped it Friday-Saturday or Sunday while everyone was waiting for the big day
Well, let's hope at least two syndicates try it and hit it.
Reply With Quote
  #6  
Old 05-21-2014, 09:27 AM
declansharbor's Avatar
declansharbor declansharbor is offline
Hialeah Park
 
Join Date: Jun 2006
Location: Exit 30
Posts: 6,357
Default

When do they draw the card? Friday?

Thx in advance.
__________________
"A person who saw no important difference between the fire outside a Neandrathal's cave and a working thermo-nuclear reactor might tell you that junk bonds and derivatives BOTH serve to energize capital"

- Nathan Israel
Reply With Quote
  #7  
Old 05-21-2014, 09:29 AM
tector's Avatar
tector tector is offline
Sheepshead Bay
 
Join Date: May 2007
Location: South Florida
Posts: 1,053
Default

Quote:
Originally Posted by declansharbor View Post
When do they draw the card? Friday?

Thx in advance.
I believe tomorrow.
Reply With Quote
  #8  
Old 05-21-2014, 10:43 AM
Rudeboyelvis Rudeboyelvis is offline
Belmont Park
 
Join Date: Nov 2006
Posts: 7,440
Default

Quote:
Originally Posted by jms62 View Post
Would be a shame if someone scooped it Friday-Saturday or Sunday while everyone was waiting for the big day
Have to admit, that would be kinda funny.
Reply With Quote
  #9  
Old 05-25-2014, 04:26 PM
jms62's Avatar
jms62 jms62 is offline
Saratoga
 
Join Date: Mar 2007
Posts: 19,802
Default


Quote:
Originally Posted by jms62 View Post
Would be a shame if someone scooped it Friday-Saturday or Sunday while everyone was waiting for the big day
Reply With Quote
  #10  
Old 05-25-2014, 04:29 PM
pointman's Avatar
pointman pointman is offline
Saratoga
 
Join Date: Mar 2007
Posts: 15,693
Default

I wonder if it hurt that most stayed away playing today.

I still can't reconcile in my mind, but could the Johnny Pinwheel theory actually have been right?
Reply With Quote
  #11  
Old 05-25-2014, 04:53 PM
robfla robfla is offline
Calder Race Course
 
Join Date: Mar 2007
Location: Strategically between Calder and Gulfstream
Posts: 1,892
Default

winning ticket was purchased at Palm Beach Kennel Club through Ohio hub, cost of ticket $7,603.
Reply With Quote
  #12  
Old 05-21-2014, 09:22 AM
tector's Avatar
tector tector is offline
Sheepshead Bay
 
Join Date: May 2007
Location: South Florida
Posts: 1,053
Default

The amount of the payout is kind of beside the point. What IS the point is that you are going to have a net negative takeout, unless the total pool reaches over $30 million or so (which seems highly unlikely).

If you give me a daily double at Fairmount Park with two 4 horse fields and a negative takeout, I am betting it.
Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 05:10 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.