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Old 02-13-2013, 11:08 AM
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jms62 jms62 is offline
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Join Date: Mar 2007
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Originally Posted by GPK View Post
I hit 5 of 6 (ran 2nd with Bourbon Courage in the race I missed) this past Sat on a $12 ticket. I will continue to prob throw between $15-$20 a ticket for kicks and giggles to maybe catch a small payoff, but noway am I gonna throw a few hundred dollars at what is virtually now, an unhittable ticket.
That "small payoff" is now routinely at the point where it pays better then the Pick 4 which we have no problem throwing 75-100 at. Also am I the only one to think the "Parlay" in this respect is a mythical creature. Isn't the parlay plowing everything you won in the previous race into the next. Wouldn't that crush the odds by race 5 and 6. And to parlay would mean that you would have to hit six singles in a row to reach the "Parlay" payout .. Good luck with that. I'd be interested in hearing why I am way off base... Been there many times.
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Old 02-13-2013, 11:17 AM
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ateamstupid ateamstupid is offline
Super Mod.. and Super Fly
 
Join Date: Jun 2006
Location: Brooklyn, NY
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Quote:
Originally Posted by jms62 View Post
That "small payoff" is now routinely at the point where it pays better then the Pick 4 which we have no problem throwing 75-100 at. Also am I the only one to think the "Parlay" in this respect is a mythical creature. Isn't the parlay plowing everything you won in the previous race into the next. Wouldn't that crush the odds by race 5 and 6. And to parlay would mean that you would have to hit six singles in a row to reach the "Parlay" payout .. Good luck with that. I'd be interested in hearing why I am way off base... Been there many times.
It is somewhat mythical and your points are correct. It's just used as a baseline because it's the bet that aligns best with multi-race wagers structurally.
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Old 02-13-2013, 10:55 PM
Port Conway Lane Port Conway Lane is offline
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Join Date: Apr 2007
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Quote:
Originally Posted by jms62 View Post
That "small payoff" is now routinely at the point where it pays better then the Pick 4 which we have no problem throwing 75-100 at. Also am I the only one to think the "Parlay" in this respect is a mythical creature. Isn't the parlay plowing everything you won in the previous race into the next. Wouldn't that crush the odds by race 5 and 6. And to parlay would mean that you would have to hit six singles in a row to reach the "Parlay" payout .. Good luck with that. I'd be interested in hearing why I am way off base... Been there many times.
I'll use ateam's pick 4 to show why 4 singles in a row pays the same as his $30 investment would have when each play is parlayed.

Tampa 7
$.50 PK4 5,7,10/4,5,6,7/4,5,6,10,11/3
Starting with $10 to win on the three horses in the first leg...
1)winner paid $15.80 $79 return/4=$19.75 win on each entrant in leg 2
2)winner paid $31.20 $308.10 return/5=$61.62 win on each entrant in leg 3
3)winner paid $15.20 $468.312 return=$468.312 win on #3 in leg 4
4)winner paid $4.40 $1030.2864 returned on the parlay
$1030.2864 is the amount returned on a straight $0.50 win parlay.
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