Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Today's Posts

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #4  
Old 12-28-2006, 09:50 PM
philcski's Avatar
philcski philcski is offline
Goodwood
 
Join Date: Jun 2006
Location: Mission Viejo, CA
Posts: 8,872
Default

Quote:
Originally Posted by 2MinsToPost
no, I need an explanation of this parlay stuff. I understand some things, but not THE MATH ON THOSE 2 PAYOFFS. Ya see what I am saying?
Has nothing to do with parlays... its simply a calculation of pool $$$ / live tickets. Assuming a 25% takeout, $53,025 was available to pay the winners in the first pool, which means there were 1,196 $1 winners (breakage (rounding) means this number is off a little.) In the second pool, $89,565 was available to pay the winners, so there were 51 $1 winners. 51*$1,756.40 = $89,565.

Parlaying the win price is only an ESTIMATE. If anything, the first payoff was dead on; a straight parlay would have paid $90.40 for $2. In this case... that's generous. Starting a pick-3 with a 1/5 shot usually will be less than the parlay price.

The 2nd paid significantly under the parlay- $4,773.60 for $2 was the actual parlay price.

Can you give me a rundown of these races by class & size?
__________________
please use generalizations and non-truths when arguing your side, thank you
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 03:30 AM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.