2009 NY handle -10%, attendance just -4%

[Kasept]

Originally Posted by parsixfarms

I don't get it. You don't like .50 pic-4 because it "dilutes the play," but always seem to use that denomination (at tracks that allow fractional wagering) when posting your wagers in the selections forum. Am I missing something?

Why would I not use the minimum amount as the denomination where the bet is taken at .50? I don't set the minimums. And how does using the .50 denomination have anything to do with a preference for pools maintaining a higher minimum? Should I bet or suggest $2 denominations for Magna 5 plays now that they take it for $1?

When pools accept reduced minimums, they make it far easier to hit and thereby generally diminish the average payouts of said wager. This whole conversation has been had regarding the creation of the Super High 5 from focus group discussions with disaffected Superfecta bettors at Santa Anita. They complained that the .10 super had so greatly impacted the payouts that they were no longer interested in the play. Hence the creation of a higher minimum/higher risk/higher reward wager in the '5'.