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Originally Posted by ArlJim78
I see. Something sounds fishy there. Wouldn't canadian money coming in effect other tracks the same way? I've also thought that you could calculate the payoffs yourself like you did and that they would be accurate.
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There is something called "net pool pricing" that tracks have begun using to incorporate foreign currency bets into US pools. It's a recent phenomenom--I first noticed it in August.
Here are 2 links that discuss it:
http://www.nyra.com/belmont/news.asp?id=1758&track=B
http://www.fingerlakesracetrack.com/...net-pool%20%22
New York began doing this in 2005. If this year's Travers had used the old payoff system, Bernardini would have paid $2.20 instead of $2.10 to place. On the other hand, Bluegrass Cat would have paid $2.40 instead of $2.50.
I didn't think it was supposed to affect win payouts, though.
--Dunbar