Quote:
Originally Posted by Kasept
It remains divisive or at least still is a difficult, contentious equation..
$1,000,000, 2,000,000 -- or whatever rolling average you want to use -- held out of circulation for months is unarguably a big negative for horseplayers and the sport at large in terms of handle/churn.
The other issue on the negative side is the growth of the pool on the backs of small bankroll players that will then be very much against it when it comes time for forced distribution versus the barracudas and amalgamated pool plays.
In the middle is an interesting group approaching it like Paul, Jim and my late friend Chet who snare consos small to Saturday's bonus-sized on medium-large investments.
Very complex discussion.
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I will only play it when there is 2 million + as I feel that attracts enough money that 70% of the daily pool is still more than I am going to get in Pick 5's especially this time of the year... It has been at that level since Feb 26th for 12 racing days. The average daily pool since then is 508 K. It is a rare Pick 5 that pulls that type of number and I can certainly not get that this time of the year. 7 out of 12 days the Pick 6 conso has paid more than 10 k of those 7 5 have paid more than 25 K. Now for the equalizer.... 5 of 12 days have paid less than 3 K and 2 less then 410.
I am hunting for a 5 figure score. A $500 ticket can get some incredible coverage especially if you narrow a couple legs to 2 or 3. The beauty of this is that at .20 the amount of coverage I can get makes it EXTREMELY risky for a big syndicate. Say they are coming in with 20 K... They would have lost money half the time.... Even on closing day..... A couple favorites and they will be underwater... I love this but my line in the sand is 2 million to get involved other than that I won't touch....
03-14-2016, 01:31 PM
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