Quote:
Originally Posted by hockey2315
Not that we haven't already established how ridiculous this whole thing is, but it's even worse in this case. The backer would get 50% of the "profit." So, $100K would yield a profit of $250K if he won, $50K if he ran second and $5K (!) if he ran third. Obviously, Ben's Cat won't be 5-2 or less in the race.
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Oh wow, I didn't catch that part of the article. You're absolutely right. It's even worse than what I laid out.