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moses 06-10-2018 07:53 AM

Quote:

Originally Posted by Dunbar (Post 1111040)
It doesn't look like Justify will be wildly overbet. With $2.67 million in the win pool, $1.14 million has been bet on Justify. That's just 43% of the win pool on Justify. 43% is in the ballpark for what I think his chances to win are.

I doubt that there will be a big rush of money on Justify. Justify's odds have been creeping up all day at PinnacleSports, and now stand at 1.10-1. (And if you want to bet that Justify doesn't win, you have to put up 125 to win 100, up from 116 earlier.)

It looks like I'll be a spectator on this one.

Final odds were 4/5 but you were wise not to bet against him.

One note on Tenfold, but it looks like he got stuck between two horses converging early, got pinched a bit, and had to awkwardly pull out and duck inside. Granted, I think that had little impact on the results and I’m not sure if the horses even touched. Maybe talking about him 3rd or 4th instead of 5th, if he improved at all which is debatable. Still, probably a bad move by the jockey to try to out sprint Noble Indy and Restoring Hope.

Dunbar 06-10-2018 09:08 AM

Quote:

Originally Posted by moses (Post 1111168)
Final odds were 4/5 but you were wise not to bet against him.

Not betting against Justify saved me some money, but it doesn't necessarily mean it was 'wise'.

If fact, my thinking/posting was somewhat fuzzy. I wanted to bet against Justify if there was, IMO, too much money bet on him. I was writing "1-1" odds as my threshold for 'too much money'. I should have been using '50% of the win pool' as my threshold. And 50% of the win pool equates to 3-5 odds.

My original gut feeling was that Justify had something like a 33%-40% chance to win. But when I made a line, I came up with a 45% chance to win. Granted, I gave Justify every benefit of doubt, since I was primarily interested in betting against him. With Justify taking just 45% of the actual win pool, right in line with my own estimate, none of the other horses' odds looked attractive. Tenfold was the closest. I had him at 12-1, and he went off at 10.70-1.

freddymo 06-10-2018 10:03 AM

Quote:

Originally Posted by Dunbar (Post 1111173)
Not betting against Justify saved me some money, but it doesn't necessarily mean it was 'wise'.

If fact, my thinking/posting was somewhat fuzzy. I wanted to bet against Justify if there was, IMO, too much money bet on him. I was writing "1-1" odds as my threshold for 'too much money'. I should have been using '50% of the win pool' as my threshold. And 50% of the win pool equates to 3-5 odds.

My original gut feeling was that Justify had something like a 33%-40% chance to win. But when I made a line, I came up with a 45% chance to win. Granted, I gave Justify every benefit of doubt, since I was primarily interested in betting against him. With Justify taking just 45% of the actual win pool, right in line with my own estimate, none of the other horses' odds looked attractive. Tenfold was the closest. I had him at 12-1, and he went off at 10.70-1.

Outstanding M/L redboarding, seriously world-class Monday Quarterbacking stuff

Dunbar 06-10-2018 12:18 PM

Quote:

Originally Posted by freddymo (Post 1111176)
Outstanding M/L redboarding, seriously world-class Monday Quarterbacking stuff

Wow, Freddy, thanks so much for that shrewd observation. Here I thought I was fessing up to some shoddy thinking and writing. Little did I realize that my real goal was to point out that my estimate of Justify's chances, after admittedly slanting them in Justify's favor, lined up with the betting pool.

I'm grateful that you took the time to read it and set me straight.

Alabama Stakes 06-10-2018 07:24 PM

Quote:

Originally Posted by freddymo (Post 1111176)
Outstanding M/L redboarding, seriously world-class Monday Quarterbacking stuff

Biggest red board out here Freddy Mo starring as the pot calling the kettle black on what was a negative red board where he fessed up....


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