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Old 12-25-2016, 08:39 PM
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jms62 jms62 is offline
Saratoga
 
Join Date: Mar 2007
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Quote:
Originally Posted by ranger5830 View Post
This all begs the question, why are there minimum payouts at all? When I was watching Irish racing a couple years ago, I saw many instances where successful "place" bets on big favorites paid less than $2 for each $2 wagered. They also offered penny breakage, which would be a huge boon to show bettors, but that's a different story. Even now, lots of UK races have big favorites that pay $2.04 to place. I think a similar payout structure here would eliminate a lot of the minus pools.
I agree they should let the parimutual pool to play out as is and not have minimum guaranteed returns.
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