Author Topic: Pick 5 or Empire 6?  (Read 2530 times)

Mathcapper

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Re: Pick 5 or Empire 6?
« Reply #15 on: August 07, 2020, 11:07:05 AM »
FrankD. Wrote:
-------------------------------------------------------
>
> IMHO: It defeats the entire purpose of the bets
> structure. In the get more handle regardless of
> who or how it hurts/helps business mode, it’s
> just another advantage for the BOTS.... A 10% or
> 12% rebate on a $2 10k ticket or a $10 50k ticket?
> Plus they still collect a single ticket payout or
> an inordinate number of shared winning
> tickets/consolations.

Yep, well said Frank. It gives the bots a means to grab that pot at the end of the 🌈 and siphon away much of the value that the bet afforded the little guy.

Boscar Obarra

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Re: Pick 5 or Empire 6?
« Reply #16 on: August 08, 2020, 12:06:11 AM »
Clearly, they played bigger tickets on the combinations that were more likely and  figured to pay less, so they didnt lose money on a chalky outcome.

 Since they are batch betting , they could accomplish the same thing by buying multiple $2 tickets on the same play .  

 As far as a single ticket hitting for $1 vs a 20 cent minimum, that makes very little sense.  Penalize someone for hitting it alone 5 times?

  If that\'s the way the rule is written , it should be changed.

Bet Twice

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Re: Pick 5 or Empire 6?
« Reply #17 on: August 08, 2020, 11:16:51 PM »
Did you actually read his post?

Fairmount1

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Re: Pick 5 or Empire 6?
« Reply #18 on: August 09, 2020, 08:22:49 PM »
From Pat Cummings (@PatCummingsTIF)

Looks like about $2.5 million out of $4.1 million in new money came from \"high-volume\" players today in the Rainbow 6 at Gulfstream. That\'s about 61% of the pool and it could be an underestimate.

and

A reasonable estimate of high-volume betting shop money in today\'s Empire 6, based on pool observations, is $3.1 million out of $6.14 million total. Roughly 51% of total pool. #healthysport #askquestions #demandtransparency #sustainabilityneeded #horsemenwhereareyou

And for more on this topic and what constitutes \"High volume,\" this may be worth reading if interested.

https://racingthinktank.com/reports/tif-special-report-racing-not-only-elite

_______________________________

The NYRA Late Pick 5 with no CAW\'s looking more and more appealing. . . .

banditbeau

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Re: Pick 5 or Empire 6?
« Reply #19 on: August 14, 2020, 10:19:14 PM »
Looks like the BOTS are in the NYRA late pick 5. This is a big hit for sure, no little guy is getting this sequence.


David Grening
@DRFGrening

Mopolka ($21.20) takes SPA finale under @Ericcancel18 for Carlos Martin. There was one winning late pick-5 ticket worth $615,668. The ticket was purchased through Player Management Group, a rebate shop catering to high-end players. The ticket cost $2,940, per NYRA mutuel dept.