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-   -   Pick 6 - Good or Bad for racing? (http://www.derbytrail.com/forums/showthread.php?t=18323)

ArlJim78 11-22-2007 10:00 AM

Pick 6 - Good or Bad for racing?
 
I found this article and the author seems to think that pick six mania is not a good thing. Mainly because its hard to hit, and there are few winners. (duh)
He acknowledges that it builds excitment and draws people out, but argues that since they are more likely to lose their bankroll, they won't be able to come back and play tomorrow.

I disagree with him and think that people are able to figure out that if they have only a $100 or $200 bankroll that the pk6 is not something wise to persue.

also the part where he states that he feels he is one of the best handicappers in the country was a turnoff. whether he is or not, I don't know, but i think its mighty pompous to drop in that line.

any thoughts? In my opinion anything that brings people out and generates news and excitement in wagering is a good thing for the game.

http://sports.espn.go.com/sports/hor...emy&id=3122184

pmacdaddy 11-22-2007 10:12 AM

I think anything that generates coverage and interest has to be a good thing.

I also don't think most folks dropping $500+ on a Carryover are likely to change their wagering pattern based on missing it.

blackthroatedwind 11-22-2007 10:21 AM

He brings up, sort of, the obvious " anti-Pick-6 " points ( without implicitly, seemingly, understanding the biggest potential downfall of big Pick-6 payoffs in that it can take real money out of betting circulation ). However, he completely leaves out the single biggest positive of Pick-6 carryovers. Now, maybe this is because he, admittedly, doesn't understand the bet, but to fail to mention that carryovers dramatically reduce the take-out, sometimes to the point of creating a positive equity situation, is to absolutely miss the whole point. So, I have to ask myself, did he write an article like this out of ignorance of his subject or did he intentionally intend to mislead?

TheSpyder 11-22-2007 10:22 AM

People who play the pick six want to, realize the downside, and even if they are not great cappers, also understand that it's a long shot. If it were bad for racing we'd see the pools in Calif, slowly go down as people stopped playing. That sure doesn't seem the case so I don't think his premise is accurate.

Spyder

ArlJim78 11-22-2007 10:35 AM

Quote:

Originally Posted by blackthroatedwind
He brings up, sort of, the obvious " anti-Pick-6 " points ( without implicitly, seemingly, understanding the biggest potential downfall of big Pick-6 payoffs in that it can take real money out of betting circulation ). However, he completely leaves out the single biggest positive of Pick-6 carryovers. Now, maybe this is because he, admittedly, doesn't understand the bet, but to fail to mention that carryovers dramatically reduce the take-out, sometimes to the point of creating a positive equity situation, is to absolutely miss the whole point. So, I have to ask myself, did he write an article like this out of ignorance of his subject or did he intentionally intend to mislead?

I'm guessing ignorance because he implied that the better cappers (people like himself:rolleyes: ) avoid the play because they know they can't hit it.

i'm pretty sure the opposite is true because the better, sharper players are attracted to the carryover days precisely for the reason you mentioned, no takeout, or negative takeout.

jballscalls 11-22-2007 10:36 AM

the other thing i do like about the pick 6 is that when people cap the pick 6 hard they dont just play the pick 6, but they play the vertical bets as well during those races. If a guy busts out in the first leg, he's still likely to stay around and play the other legs in pick 3's, 4's exactas and trifectas.

NoChanceToDance 11-22-2007 10:55 AM

They may be hard to hit, but the possibility of a huge pay out for a small sum is too much for many, including many of us. Deep down we know we won't hit a pick six but we play them anyway.

The pick six brings the big and small bettors together.

We have known what is called a jackpot and scoop six (which is the same bet as the pick six over here), and regularly they roll over to becomes £ million pools.

I'm with you, jim..... surely these bets can do no harm to racing. It brings in excitement and possibly brings in people who would not usually bet before. Small stakes for possible huge returns.

ALostTexan 11-22-2007 12:33 PM

Quote:

Originally Posted by jballscalls
the other thing i do like about the pick 6 is that when people cap the pick 6 hard they dont just play the pick 6, but they play the vertical bets as well during those races. If a guy busts out in the first leg, he's still likely to stay around and play the other legs in pick 3's, 4's exactas and trifectas.

I agree with this. If there is a big P6 pool, I am attracted to that track. Now, I know that unless you have a very big bankroll, which I never do, there is a very, very slim chance of hitting the P6. But I wind up playing alot of other races on the card, and will make my "lottery style" P6 ticket based on the handicapping, which means to keep the ticket under $8. I know that the odds of hitting the P6 on an $8 ticket are extremely, extremely low, but not much higher on a ~$100 ticket, so I just have fun with it and play those other races that I have handicapped.

I sort of wish more tracks had a bet like the Fortune 6 that Beulah has. I guess that probably wouldn't work at the hugh tracks like SoCal, but I could see it working at the NYRA tracks, getting their P6-type players more into it...

ArlJim78 11-22-2007 12:34 PM

speaking of pick6's, I think Hollywood is trying their hardest to get a doublecarry going into the holiday weekend.

todays field sizes for the pick six are, 6 x 14 x 7 x 11 x 11 x 13.
and that is after scratches! and there are no easy singles, or "free squares" as some call them.

i'm sitting out this one, and just playing vertical today.

sumitas 11-22-2007 01:31 PM

Any exotics imo are sucker bets. The pick 6 being the highest form of a suckers bet. Approach it as a lottery, keep the ticket under $10 and you may get lucky. That's my personal opinion. Is it good or bad ? Probably good if people are betting it.

pmacdaddy 11-22-2007 01:58 PM

Quote:

Originally Posted by sumitas
Any exotics imo are sucker bets. The pick 6 being the highest form of a suckers bet. Approach it as a lottery, keep the ticket under $10 and you may get lucky. That's my personal opinion. Is it good or bad ? Probably good if people are betting it.

How is a wager with basically no takeout (courtesy of Carry) a sucker bet?

I would say the small ticket approach could be considered somewhat of a sucker play because the deck is quite stacked against you.

sumitas 11-22-2007 02:16 PM

Never bet more than you can afford to lose. I'll leave it at that.

hockey2315 11-22-2007 02:18 PM

Quote:

Originally Posted by sumitas
Never bet more than you can afford to lose. I'll leave it at that.

What does that have to do with the pk6 being a "sucker bet"?

Bobby Fischer 11-22-2007 02:40 PM

It is great for racing.

The betting public doesn't need to be protected from itself.

The industry has so much room for improvement in areas like Mass Media, and Drug Rules , but the pick 6 is not a problem.

Riot 11-22-2007 06:06 PM

He lost me in the first paragraph, when he called Perry "Cuomo" on vinyl not a good thing.

Cannon Shell 11-22-2007 07:38 PM

Quote:

Originally Posted by Riot
He lost me in the first paragraph, when he called Perry "Cuomo" on vinyl not a good thing.

He meant Mario

ateamstupid 11-22-2007 11:30 PM

Quote:

Originally Posted by sumitas
Any exotics imo are sucker bets. The pick 6 being the highest form of a suckers bet. Approach it as a lottery, keep the ticket under $10 and you may get lucky. That's my personal opinion. Is it good or bad ? Probably good if people are betting it.

That's a new one..

brianwspencer 11-23-2007 10:23 AM

I don't play the pick-6, because I can't afford to take a stab at it that I really think has a chance of winning.

I know it is possible, but I just don't feel comfortable diving into a million-combination sequence with less than 100 of them.

However, I think this article totally misses the point, and that the wager is great for racing and for horseplayers as a chance to recoup some takeout.

hi_im_god 11-24-2007 10:50 AM

his arguement is that lotteries are proliferating and the american public thirsts for a big score so racing shouldn't offer that.

because handle will go down.

do i have that right?

ArlJim78 11-24-2007 11:55 AM

Quote:

Originally Posted by hi_im_god
his arguement is that lotteries are proliferating and the american public thirsts for a big score so racing shouldn't offer that.

because handle will go down.

do i have that right?

yeah, you're right, but the lottery people don't come back week after week chasing the big jackpot do they...oh wait...nevermind.

10 pnt move up 11-24-2007 12:58 PM

The more I read about the pick 6 the more I think its bad for racing. I read that HP is so dependent on the pick 6 carryover that they will do just about anything they can to generate one and I cant help but think if that means fixing races. If its the difference between being in the red or black I just have a hard time trusting anyone.

hi_im_god 11-24-2007 01:18 PM

Quote:

Originally Posted by 10 pnt move up
The more I read about the pick 6 the more I think its bad for racing. I read that HP is so dependent on the pick 6 carryover that they will do just about anything they can to generate one and I cant help but think if that means fixing races. If its the difference between being in the red or black I just have a hard time trusting anyone.

wouldn't that require the cooperation of trainers, owners, and jockeys?

can you flesh out your conspiracy theory? i'm interested in your thoughts.

theiman 11-24-2007 01:21 PM

Quote:

Originally Posted by 10 pnt move up
The more I read about the pick 6 the more I think its bad for racing. I read that HP is so dependent on the pick 6 carryover that they will do just about anything they can to generate one and I cant help but think if that means fixing races. If its the difference between being in the red or black I just have a hard time trusting anyone.


I think the only thing HP might do is schedule the more open, and larger fields in the Pick 6 sequence. They dont do anything else, including have the stewards DQ a favorite to get a carryover. You will often see a small stake on the weekend scheduled as race 3 or 4. outside the Pick 6.

What I dont like at HP is in the spring they often make the last race of the day a 2yr old maiden claimer. IMO those are impossible to handicap and have horses who cant run better than a 40-50 Beyer, and thus make me not play the late pick 4. I dont mind that race being in the pick 6 but wish it wasnt in the late pick 4.

ArlJim78 11-24-2007 01:35 PM

Quote:

Originally Posted by hi_im_god
wouldn't that require the cooperation of trainers, owners, and jockeys?

can you flesh out your conspiracy theory? i'm interested in your thoughts.

what is interesting is now we have a clash of conspiracies.
One group is conspiring to hit the pick six by fixing races, now we find there is another group that is fixing races in order to get them to carryover.

or maybe they take turns, the carryover fixers step aside once the pool is sufficiently large and lets the pick six fixers take over to cash in.
hmmm...

10 pnt move up 11-24-2007 05:22 PM

Quote:

Originally Posted by hi_im_god
wouldn't that require the cooperation of trainers, owners, and jockeys?

can you flesh out your conspiracy theory? i'm interested in your thoughts.


I really cant because its just a theory. I really never gave it much thought until I heard a HP official in an email tell an owner who was upset about when and how the races were carded that their single goal is to generate carryovers, and that its the difference between making and losing money. I started to think if money causes trainers to cheat why not the track? Moreover at HP amongst the longshots they seem to have everyday several times it seems to happen in the formful races on paper, meaning its not the deep races big syndicates go deep in but races were its hard to make a case for more then 2 or 3 horses.

pmacdaddy 11-24-2007 05:34 PM

Doesn't the condition book come out well in advance of them knowing a Carryover is growing?

2MinsToPost 11-24-2007 06:01 PM

Stay out of the kitchen if you can't take the heat and I am certain regular Pick 6 players can stand the heat.

The author, Plunko or whatever has a slight ego lol..

2MinsToPost 11-24-2007 06:16 PM

This in my opinion is simple mathematics. Those who chase the Pick 6 are players on another level from the majority of us. They don't roll with a couple $20's on a Saturday alright. They are cats who have bills to burn and they are not worried about what they are gonna do if the lose on their $900 Pick 6 ticket on a Saturday at Belmont, etc etc.. These are Business Owners, CEO's Bankroll Players (cats who play for wealthy folks) etc etc on a weekly basis. The author of this article is way off base. It's like comparing Pick 6 players with the local crowd on a Monday afternoon at Beulah trying to hit an exacta in the 5th. Just not realistic at all in my humble opinion.

Honestly, how many people on here or that you know of go to a track with $100 or $200 with the goal of playing the Pick 6? The Pick 6 is a great bet and their is no harm in it. I'll compare it to this. I went to Grand Victoria Casino in Rising Sun, Indiana a couple weeks ago. I walked in, after we paid for the hotel room and dinner, with a little over $100. Did you see me playing the $25 slots?

No. Same difference. Know your limits.


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