BCBC Bets

[Benny]

The 2nd place guy had a Penalty Amount: $10,000.00 deducted,

Anyone know what that was for ?

[cal828]

Originally Posted by Benny

The 2nd place guy had a Penalty Amount: $10,000.00 deducted,

Anyone know what that was for ?

I think that means he didn't play enough races. I think he played 9 and not the required 10. Required to play 3 on Friday and 7 on Saturday. At least that what I got out of it. I think participants are also required to play at least 600 a race(for 10 races). I looked at it and that was the case. He played 3 on Friday and 6 on Saturday.

[Benny]

Originally Posted by cal828

I think that means he didn't play enough races. I think he played 9 and not the required 10. Required to play 3 on Friday and 7 on Saturday. At least that what I got out of it. I think participants are also required to play at least 600 a race(for 10 races). I looked at it and that was the case. He played 3 on Friday and 6 on Saturday.

Thanks, he might have won w/out the penalty

[cal828]

Originally Posted by Benny

Thanks, he might have won w/out the penalty

Hard to know. 600 cost him 10K. Of course had he won with the 600, he would have had more to bet in the last race, but had he lost, then he would have had less and ended up with a smaller total of winnings in that race. Would be interesting to know whether that was a strategy or whether he just lost track or maybe did what I sometimes do and take too long to make up my mind what I want to bet.

[Benny]

Final Score: 145,040.00 =1st place


Final Score: 137,750.00 - $600 add $10,000 penalty back in $147,150
2nd place

[cal828]

Originally Posted by Benny

Final Score: 145,040.00 =1st place


Final Score: 137,750.00 - $600 add $10,000 penalty back in $147,150
2nd place

Not quite as simple as adding it back in. To avoid the 10K penalty, he would have had to play the 600 before the last race leaving him 2100 instead of 2700 to play in the last race(assuming he didn't win with the 600) which would have reduced his final winnings substantially. At least that's the way I see it, but admittedly, I am a math idiot.

[moses]

Originally Posted by cal828

Not quite as simple as adding it back in. To avoid the 10K penalty, he would have had to play the 600 before the last race leaving him 2100 instead of 2700 to play in the last race(assuming he didn't win with the 600) which would have reduced his final winnings substantially. At least that's the way I see it, but admittedly, I am a math idiot.

On the flip side, if he knew he needed just one more race, he could have wagered $600 to show on Bricks and Mortar to meet the requirement and pretty safely kept his bankroll high enough to make the final wager in Race 12.

Then again, it’s easy to second guess people after the fact.