Bridgejumpers?

berreman150 · #1 09-01-2006, 11:19 AM

Was wondering if anyone can explain this? I see on other forums alot of talk about bridgejumpers and am wondering what exactly is a bridgejumper? Here in Libby years ago we had a few bridgejumpers-lol but they were on pcp and really jumped off a bridge . Thanks

GPK · #2 09-01-2006, 11:22 AM

Quote:

Originally Posted by berreman150

Was wondering if anyone can explain this? I see on other forums alot of talk about bridgejumpers and am wondering what exactly is a bridgejumper? Here in Libby years ago we had a few bridgejumpers-lol but they were on pcp and really jumped off a bridge . Thanks

people who bet insane amount of money on an odd-on favorite in a race to SHOW and when he runs off the board, they find the nearest bridge and jump off it. They are depressed because the $10,000 they put on the horse, hoping to get back $10,100, is now gone.

Danzig · #3 09-01-2006, 11:22 AM

a bridgejumpers bet is when someone put up a HUGE show bet on the fave-- a can't lose proposition, right?? and then said fave finishes fourth or worse.

there are people who put tens of thousands on the line, or more!

#4 09-01-2006, 11:23 AM

Quote:

Originally Posted by berreman150

Was wondering if anyone can explain this? I see on other forums alot of talk about bridgejumpers and am wondering what exactly is a bridgejumper? Here in Libby years ago we had a few bridgejumpers-lol but they were on pcp and really jumped off a bridge . Thanks

It is a person who bets tons of money on a fav to show. Say you have Bernardini running in a race that only has 4 horses. Then the bridgejumpers will bet 10's of thousand of dollars to show on Bernardini. They get back 10 cents for every $2 they bet. Sometimes they get caught making a bad bet. The most famous is Congaree finshing 4th in the San Diego Hanidcapp and then there was one just last week at Mountaineer.

Rupert Pupkin · #5 09-01-2006, 11:25 AM

Quote:

Originally Posted by berreman150

Was wondering if anyone can explain this? I see on other forums alot of talk about bridgejumpers and am wondering what exactly is a bridgejumper? Here in Libby years ago we had a few bridgejumpers-lol but they were on pcp and really jumped off a bridge . Thanks

When people talk about "bridge-jumpers", they are referring to the fools out there who will bet a huge amount like $50,000 or $100,000 to show on a heavy favorite. They bet $100,000 to show and they know the most they are going to get is $2.10. They are risking $100,000 to win $5,000. They do it because they think there is no way that the horse will run out of the money. They think they are going to make a quick 5% on their money.

But if they lose the bet, they are probably going to contemplate suicide(jump off a bridge). That's where the term came from. We call them bridge-jumpers because if they lose their $100,000 show bet, they're probably going to feel like jumping off a bridge.

berreman150 · #6 09-01-2006, 11:41 AM

Thanks thought it was somebody betting the last minute due to inside info, I could only wish to have that kind of money to bet on one race when I bet 60.00 on a pick 6 I feel as if I am sh----ng in high cotton. I usually allow myself 40.00 to 50.00 and pick certain races or horses I like if I turn that into more then will keep betting the difference have done ok this way but definitely not a big time bettor.

jpops757 · #7 09-01-2006, 11:47 AM

Bridgejumping is kinda like the "suitcase money" comming out on pk 6s

FATPIANO · #8 09-01-2006, 01:28 PM

Last month in the Grade 1 Princess Rooney at Calder, the hot favorite who could not loose, did finish off the board and Malibu Mint won and paid 49 to win and 79 to show.....

sumitas · #9 09-01-2006, 01:32 PM

Malibu Mint is a very nice filly. Very nice return on her then.

Dunbar · #10 09-01-2006, 01:37 PM

Quote:

Originally Posted by GPK

people who bet insane amount of money on an odd-on favorite in a race to SHOW and when he runs off the board, they find the nearest bridge and jump off it. They are depressed because the $10,000 they put on the horse, hoping to get back $10,100, is now gone.

$10,500

--Dunbar

Gander · #11 09-01-2006, 01:43 PM

The word bridgejumper is generally inaccurate. Most of these people can well afford to lose 10K or even 100K on a horse race. It would be like me betting $20 on a race and losing it. While they cant be too happy they lost, they really arent ready to jump off a bridge. These are guys with millions and millions of dollars, earning as much from interest on their fortunes as most people on here do by working. Dont kid yourselves, these guys can handle it.

Dunbar · #12 09-01-2006, 01:44 PM

Quote:

Originally Posted by Rupert Pupkin

When people talk about "bridge-jumpers", they are referring to the fools out there who will bet a huge amount like $50,000 or $100,000 to show on a heavy favorite. They bet $100,000 to show and they know the most they are going to get is $2.10. They are risking $100,000 to win $5,000. They do it because they think there is no way that the horse will run out of the money. They think they are going to make a quick 5% on their money.

But if they lose the bet, they are probably going to contemplate suicide(jump off a bridge). That's where the term came from. We call them bridge-jumpers because if they lose their $100,000 show bet, they're probably going to feel like jumping off a bridge.

If it were truly an awful bet made by "fools", then you would not see tracks canceling show betting in 5-horse races as often as you do when there is a monster fav. Of course, I cannot rule out the possibility that the tracks are foolish to cancel. But the tracks obviously fear the bridge-jumpers in some cases.

--Dunbar

AeWingnut · #13 09-01-2006, 04:47 PM

I believe that bridge jumpers are also people trying to launder money.

When I see that $100k in the show pool with only 4 or 5 horse and they don't cancel the bet
I go ahead and put a bet on all of them to show.

It can pay buckets.
The best time to do it is when D Wayne Lukas has a huge favorite
I figure you got a 50/50 chance with him.

Scav · #14 09-01-2006, 09:45 PM

Quote:

Originally Posted by FATPIANO

Last month in the Grade 1 Princess Rooney at Calder, the hot favorite who could not loose, did finish off the board and Malibu Mint won and paid 49 to win and 79 to show.....

Yeah, and a couple touted she was a huge bet against. She was screaming no play and play everyone else

berreman150 · #15 09-02-2006, 12:06 AM

I played Malibu Mint that day used her in tri and exactas read something on here about her and said what the hay , not sure but believe I hit a pick 4 that day that payed decent . I have found though that if I go with the gut feel that I do better ,sometimes I depend too much on other info or ideas, now I would like to figure out how to get past the third leg of a pick 4 or 6 seems like thats where I always screw up , have even tried playing deep without going all and still kills me. Like today 3 out of 4 2 out of 3 something else that has been bugging me it seems like whenever there is a big weekend of races coming up that the pick 6 always carries a 35 or more longshot comes in maybe just paranoia , but will keep playing and watching cause I love it. Would also like to add that I enjoy this board lots of great info and for the most part very little sniping.

dellinger63 · #16 09-02-2006, 08:09 AM

A retired guy at Arl bets millions of dollars a year as a jumper mostly 30-40K per 'jump'. He gets 4 twin spires points for every dollar bet provided it's a CDSN track which adds 40 bucks in rebate vouchers for every 10K bet. Of course he gets platinum treatment with free food, parking etc.
Like Gander said he does have the money to lose which he does and I'm not sure why he continues to donate. I've told him he could live in vegas, at a hotel for free and have a limo at his call if he took the act on the road but he seems glued to Arl. and the 40 bucks for every 10K.
To me, betting against 'jumpers' is usually a smart bet as you can even be wrong and win provided your pick is in the $. Catch him on a jump day and tun a 7/2 into a 9-1 TO SHOW. lol Watch those pools!!!!

Dunbar · #17 09-02-2006, 08:23 AM

Quote:

Originally Posted by AeWingnut

I believe that bridge jumpers are also people trying to launder money.

I don't buy that. How does popping $100K into a pool and coming out with 105K make your money look any more sanitary? You still have to explain where the $100K came from.

--Dunbar

Nostradamus · #18 09-02-2006, 10:38 AM

Quote:

Originally Posted by AeWingnut

I believe that bridge jumpers are also people trying to launder money.

When I see that $100k in the show pool with only 4 or 5 horse and they don't cancel the bet
I go ahead and put a bet on all of them to show.

It can pay buckets.
The best time to do it is when D Wayne Lukas has a huge favorite
I figure you got a 50/50 chance with him.

This is 100% correct. Bridgejumpers are usually money laundering. Usually drug money.

Dunbar · #19 09-02-2006, 12:32 PM

Quote:

Originally Posted by Nostradamus

This is 100% correct. Bridgejumpers are usually money laundering. Usually drug money.

Why would anyone use show bets to launder money?!

Money laundering involves setting something up that COULD account for all the illegal cash. When you make a $100,000 bet, you are SHOWING the cash. How does winning or losing some show bets help justify the fact that you have a bundle of cash at the end of the year? You cannot make $100,000 bets on big favs SUBTLY. Someone is going to notice.

If you wanted to launder money at the track, it seems to me it would make much more sense to make bets on longshots. Then you can show the big winning tickets where you cashed in your $10K or $50K trifecta wins, and you could hide the amount of money lost trying to produce those wins.

--Dunbar