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Old 12-04-2006, 09:16 AM
philcski's Avatar
philcski philcski is offline
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Join Date: Jun 2006
Location: Mission Viejo, CA
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This payoff is appalling. If you had wheeled 2 with ALL it would have been an $18 bet, you would have gotten 21/1 on your money versus 11/1 in the win pool, or about a 2:1 multiplier, even with the extra takeout. Typically with the 3rd or 4th choice in a 10 horse field you'd get a 2:1 multiplier (versus with the 5/2 favorite you'd probably end up with a half to a third payoff, $80 ish). Ordinal rank means almost as much as the odds in this case; you have the 7th choice and and the 10th and longest choice. There are 90 possible exacta combinations and this would be about the 75th likeliest.

The trifecta payoff, even though it's tougher to determine "willpays", is ridiculously low as well.
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