jackmagic777
jackmagic777
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Gialmere
January 26th, 2019 at 6:42:51 PM permalink
2nd Race Today

1 & 6 = Green 2 & 4 = Red 3 & 5 = Black

$2 bet on #5 , the winner paid $5.00

$2 bet on Black paid $5.60

REALLY, check the chart.
heatmap
heatmap
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Joined: Feb 12, 2018
January 26th, 2019 at 7:54:58 PM permalink
Quote: jackmagic777

2nd Race Today

1 & 6 = Green 2 & 4 = Red 3 & 5 = Black

$2 bet on #5 , the winner paid $5.00

$2 bet on Black paid $5.60

REALLY, check the chart.



I feel this is pretty cryptic I’ll be analyzing throughout the nights
unJon
unJon
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January 26th, 2019 at 7:56:01 PM permalink
Quote: heatmap

I feel this is pretty cryptic



Betting on the #5 to win paid less than betting on one of the #5 or #6 to win. Vagaries of parimutuel betting.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
heatmap
heatmap
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January 26th, 2019 at 7:58:04 PM permalink
Quote: unJon

Betting on the #5 to win paid less than betting on one of the #5 or #6 to win. Vagaries of parimutuel betting.



Ok even if you are messing with me you have my attention what exactly is the basis for this question and how can I research it to understand it
Gialmere
Gialmere
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January 26th, 2019 at 8:15:45 PM permalink
It started a month ago. Here's the Santa Anita webpage on the wager. Here's a Bloodhorse article.
Have you tried 22 tonight? I said 22.
jackmagic777
jackmagic777
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January 26th, 2019 at 8:23:22 PM permalink
I was at local OTB and saw Black Red or Green next to each horse's name. Also after xta, tri, etc bet a $2 HRR bet was listed. WTF ? Ticket seller had no idea. Came home , looked at chart.
Thought maybe could be a way to dutch or something as an AP

Win Pool $133,826 Roulette pool $562 LOL

Imagine only offered at Santa Anita now, Teller at OTB probably think I am crazy when I go to cash tomorrow. $20 Win on last race.
Will tell him I want $4 on BLACK in first race.

Only in California.
Gialmere
Gialmere
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February 2nd, 2019 at 10:18:27 AM permalink
Here's an LA Times column with thoughts on how to improve the roulette wager.

[edit] Note that he anticipates the OP in the 7th paragraph.
Have you tried 22 tonight? I said 22.
lilredrooster
lilredrooster
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February 3rd, 2019 at 2:55:39 AM permalink
I think their roulette idea sucks

if they wanted to increase interest they should look at the Betfair model and figure out a way to allow lay bets at least against the favorite under parimutuel

you can't know for sure who the favorite will be until the race is off but you can make a presumption that is right most of the time based on the morning line

i.e. - bet that a 2/1 favorite will lose and get paid back 1/2.25

that way the bettor could bet against the overbet favorite without having to dutch a bunch of horses or play an exacta box or wheel which can suck for several reasons

but don't look for that anytime in the near future

the suits that run racetracks are not the sharpest knives in the drawer
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
FinsRule
FinsRule
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February 3rd, 2019 at 7:04:18 AM permalink
I agree that the roulette idea is awful.

The main issue is the takeout.
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