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Originally Posted by pgardn
I will give you one. I have given others, its a big list.
1. You have no flippin idea the size of the pool. Therefore you have no flippin idea what the reward will be. Example. I won a pik 3 this year that paid more than the same overlapped pik 4. Did anybody know there was a discrepancy in the pool so they could bet it? Hell no. There is no risk v. reward determination because you do not know the reward.
If you want more I will go on at a later time. Got lots more on the pik bets. By the way, lets not get this confused. A pik 4 bet is ONE bet on 4 races. Dont falsely assume someone is going to play the same 4 races separately, as you have already done in your example. You have already made a huge ASSUMPTION that someone is forced to play those 4 races.
And dont think you can accurately estimate the payout by taking the odds of the 4 winners and multiplying them.
And yes I occasionally play pik bets because it is FUN and challenging to arrange a ticket that is not too costly and has a chance.
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pgardn, do you really have no idea about the pool sizes of PK3's and 4's? The pool sizes are published daily in the results charts so you can get an idea of the size of the pools for the tracks you like to play. at Saratoga they are in the range of $250K to $400K or more. 3's and 4' offer great rewards. take a look at the two pick fours at Toga today.