Need Another Reason to Hate "Single Ticket" Jackpot Bets?

[ScottJ]

See this story : https://www.paulickreport.com/horsep...ackpot-winner/

Imagine having the only winning ticket, having a deadheat in one of the legs, having both in the deadheat covered, and not winning the single ticket jackpot because there were "two winning tickets".

I am still trying to decide if this counts as a bad beat, but I am sure that these parasitic pools are the worst thing to hit parimutuel racing since _____. (You're choice here.)

[Dunbar]

Originally Posted by ScottJ

See this story : https://www.paulickreport.com/horsep...ackpot-winner/

Imagine having the only winning ticket, having a deadheat in one of the legs, having both in the deadheat covered, and not winning the single ticket jackpot because there were "two winning tickets".

I am still trying to decide if this counts as a bad beat, but I am sure that these parasitic pools are the worst thing to hit parimutuel racing since _____. (You're choice here.)

I think that counts as a bad beat, and then some. I bet Remington will cave and pay the guy.

[hi_im_god]

I must love being hated but I think the big, bad, awful, track got it right.

We like to think of our big multi-race bets as a single ticket. But they aren't. A $403.20 pick 6 on a .20 base is 2016 individual bets. Because of the dead heat, 2 of those 2016 individual bets hit.

It's awful for the player. But the fact is, he hit 2 of his 2016 tickets.

Unless the track wants to start paying out single ticket winner pools to multiple players, they can't pay the major award to a single player that holds multiple winning tickets.

[blackthroatedwind]

It would be interesting if their multi-race rules also have them splitting payoffs evenly when there is a dead heat and the jackpot isn't involved.

[ScottJ]

Originally Posted by blackthroatedwind

It would be interesting if their multi-race rules also have them splitting payoffs evenly when there is a dead heat and the jackpot isn't involved.

It took about 30 minutes of reading of the Remington Park posted parimutuel rules from their web site at the following link. (Amazing what you will do during quarantining while watching harness racing from Umaker.)

https://www.remingtonpark.com/wp-con...-Sept-2019.pdf

Section 325:65-9-7 talks about Pick(n) Pools. Based on the fact that there are separate sections for Double and Win-3 pools, it is safe to say these rules apply for n >=4.

In subsection (c) of 325:65-9-7, there is the following text.

(c) If there is a dead heat for first in any of the Pick (n) contests involving:
(1) contestants representing the same betting interest, the Pick (n) pool shall be distributed as if no dead heat occurred.
(2) contestants representing two or more betting interests, the Pick (n) pool shall be distributed as a single price pool with each winning wager receiving an equal share of the profit.

Specifically, these rules stand proud of sections (b)(6), (7) and (8) talking about the jackpot rules.

So, each wager is treated to an equal share.

[herkhorse]

So if a longshot and a favorite dead heat, the payouts are the same. I Never could understand that rule, especially in a pick 3.

[herkhorse]

Originally Posted by hi_im_god

I must love being hated but I think the big, bad, awful, track got it right.

We like to think of our big multi-race bets as a single ticket. But they aren't. A $403.20 pick 6 on a .20 base is 2016 individual bets. Because of the dead heat, 2 of those 2016 individual bets hit.

It's awful for the player. But the fact is, he hit 2 of his 2016 tickets.

Unless the track wants to start paying out single ticket winner pools to multiple players, they can't pay the major award to a single player that holds multiple winning tickets.

I'd have to agree. The degenerate in me has fantasized about being live to all in a jackpot sequence. My next thought is always "there would probably be a dead heat."
Probably one of the toughest beats ever, but he had two winning tickets.

[jms62]

Single winning ticket... He had the only one. If he had 1500 Combos and they printed him 1500 tickets then he wouldn’t have a single winning ticket. If this went to court and I was on the jury I’d find in his favor unless of course they documented that 1500 combos on 1 ticket is 1500 tickets. I don’t think they did and as such they should be held to the literal interpretation. Single winning ticket.

[ScottJ]

One of this guy's actual selections was scratched in that dead heat leg and that piece of the ticket was moved to the post time favorite who was involved in the dead heat.

(This now qualifies as a double-bad-beat and I didn't even know that was such a thing.)

[ScottJ]

Originally Posted by jms62

Single winning ticket... He had the only one. If he had 1500 Combos and they printed him 1500 tickets then he wouldn’t have a single winning ticket. If this went to court and I was on the jury I’d find in his favor unless of course they documented that 1500 combos on 1 ticket is 1500 tickets. I don’t think they did and as such they should be held to the literal interpretation. Single winning ticket.

Very interesting point talking about single winning ticket versus single winning combination because the Remington rules use neither term and instead talk about "Unique Wager" where the term is left undefined.

Is a wager a combination or a ticket? Over to the lawyers.