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Originally Posted by Gander
Not sure why you would expect this horse to pay more than he did to place. It was a tiny field and there were 5 betting interests and 4 of them were at 5/2 or 2/1. The lone horse nobody was betting didnt rrun 1st or 2nd, so why would you expect $4 to place?
Great race to load up on the win if you had a strong opinion, but terrible race to bet to place.
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Because with 3 minutes to post the #1(entry), #2, #5 & #6 ALL had about 10K to place on them out of a pool of 48K.. generally that translates into a place payout of $4 or so. CC must have taken A LOT of money in the place pool late for his payout to be much lower.. Look at King of the Roxy, he paid $4.30 to place!! and he was 5/2 at posttime. CC was a tepid 2-1 favorite, yet he was pounded in the place pool at the end for a $3.20 payout. Either way, the place bet turned out to be the poorest value wager on CC .