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  #41  
Old 09-12-2012, 05:15 PM
Calzone Lord's Avatar
Calzone Lord Calzone Lord is offline
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One final thing about this thread -- I think it is a great illustration of the value of a rebate.

Obviously, you'd have done WAY better in a betting exchange than with a rebate because people like to oppose short priced favorites at small tracks. As Brock noted -- he was able to get 7-to-10 odds at Betfair on a winner that paid $2.20 and one of the winners who paid $2.60 at Emerald Downs traded at better than even money for a little while.

Even though a betting exchange is obviously preferred -- here is a comparison of how you'd do with a 7% rebate like the one Pinnacle was always known for VS betting at the windows.

Had you bet $100 on each horse to win:

With rebate: You'd be ahead $151
Without rebate: You'd be ahead just $95


If you attempted to do a $100 win parlay:

With rebate:

$147 - $164.64 - $208.92 - $285.88 - $476.83 - $652.95 - $763.79 - Ended up with $54.20 after a horse finally was defeated.

Without rebate:

$140 - $147 - $176.40 - $229.20 - $366.60 - $476.40 - $524 - $0


As you can see -- with the rebate, you'd have run the $100 up to $763.79 before finally losing -- and even though you lost -- the rebate from the losing bet, plus the leftover change, would you leave you with $54.20 ... that means the $100 parlay would have been just a $45.80 loser when a horse finally lost.

Without the rebate -- you'd have only run your initial $100 up to $524 -- and you would be left with zero once a horse lost.

In conclusion -- a betting exchange is great for backing standout horses. It is okay to back these type of horses if you get a rebate.

If you can't do a betting exchange, or you're not getting a rebate, you're getting raped with these type of horses. Even if you show a profit with them -- you're getting gouged badly.
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  #42  
Old 09-13-2012, 08:50 PM
outofthebox outofthebox is offline
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Quote:
Originally Posted by Calzone Lord View Post
The final quarter mile was run in 22.60 seconds. Races never come home that fast on dirt.

After being trapped and rating off of the winners heels, he had to wheel out under 124lbs, and make up a 2-length cushion into the teeth of a 22.60 final quarter when his late pace figure is no better than that of a good alw horse.

The funny part is, I bet the jockey probably believed the horse was capable of doing it.
This is great..I was talking to Ron about the race here at Evangeline Training Center and he said the jockey told him that Gantry hung a litlle bit the last part...lol
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