NYRA Late Pick 5

[jnunan4759]

In an ideal world they could just chop all the exorics to 15% and let the customer choose what pools to play in, regardless of take out. The pick 3, 4 and 6 would get a big daily boost. The Pick 6 would draw some West Coast money and larger carryovers and you wouldn't have discrimination on wager types via takeout.

This occurs and often tracks and horsemen turn the blind eye to it.

[hoovesupsideyourhead]

product vs product , I still don't get the pick 6 pool at los al bieng 8 times as much as a ny on any day...or santa anita getting much more play daily then
belmont or toga..

[Indian Charlie]

Originally Posted by hoovesupsideyourhead

product vs product , I still don't get the pick 6 pool at los al bieng 8 times as much as a ny on any day...or santa anita getting much more play daily then
belmont or toga..

Yeah, it's always been that way. Baffling. It's as if there is a severe allergy to the pick six on the East coast.

[ateamstupid]

Originally Posted by Indian Charlie

Yeah, it's always been that way. Baffling. It's as if there is a severe allergy to the pick six on the East coast.

It's baffling that people will choose a $.50 minimum bet with 15% takeout over a $2 minimum bet with an extra multiplier at 16-24% rake?

[Indian Charlie]

Originally Posted by ateamstupid

It's baffling that people will choose a $.50 minimum bet with 15% takeout over a $2 minimum bet with an extra multiplier at 16-24% rake?

I am admittedly ignorant on this, but has this type of disparity existed for decades?

[ateamstupid]

Originally Posted by Indian Charlie

I am admittedly ignorant on this, but has this type of disparity existed for decades?

No, but the Pick 6 has taken its biggest hit in New York since the Pick 5 was introduced. As to why it still does well in California, even now that they have the value-sucking jackpot structure, I can't answer that.

[MaTH716]

Coming back July 4th, but for NYRA account holders only. I just don't understand the logic. Why refuse money that would go into that pool? Some bettors (i.e. Jersey) have no choice on ADW's, we're stuck with the TVG/NJ Bets platform. This new idea just seems foolish and short sighted.

[Indian Charlie]

Originally Posted by ateamstupid

It's baffling that people will choose a $.50 minimum bet with 15% takeout over a $2 minimum bet with an extra multiplier at 16-24% rake?

Actually, I recall in the late 80s and early 90a it was $2 with a high takeout in California.