Quote:
Originally Posted by cal828
Anybody playing in the Saratoga Handicapping Challenge? Only 5,000 dollars.  No me neither, but might be fun to make some imaginary bets to see how we might have done had we played. Rules as I understand them are that you must make a bet of at least $250 for 10 of the 12 races offered. Of course, if you win along the way or you feel more daring, you can bet more. I think what generally happens in these contests is that players make the minimum bets in several races and may play bigger on races they may feel more confident about and then, if they do well, they make a really big bet in one of the later races at the end of the contest. Bets can be WPS, Exactas, Quinellas, Tris and Daily Doubles. |
Just a "bit" too rich for my blood, although the contest hosts appear to apply all of the entry money toward prizes, so there is no takeout for your investment. I don't know any way to really play along without doing it race by race and making the determination of what to wager on and how much to wager based on both your remaining bankroll and what your opponents are doing. $2,500 of the upfront money goes to your bankroll, and you keep whatever is in your bankroll at the end of the day. As you approach the final races, I imagine there are some very tough decisions of how much of your bankroll you want to risk on a final bet to try to win one of the NHC seats or cash prizes versus having a sizeable bankroll to take home at the end of the day.