Nice Pick-4 payoffs with the 4% takeout at Ellis

[10 pnt move up]

Originally Posted by Dunbar

I agree with this emphatically. Yet today's pool was an embarrassing $25,000. I say "embarrassing", because I find it embarrassing that the best bet in horseracing can only attract $25,053 worth of bets. Hell, my bet was 1/70th of the entire pool! Aren't there at least a couple hundred horseplayers in the entire country willing to pump some money into this pool?

Is any track going to think about lowering take when Ellis draws a whopping 25,000 with it's 4%?

btw, today's payoff on a 50c ticket was $6,012. Not bad for $23.80, $6.20, $14, $18.40. A 50c parlay would have paid $1188. The Pick-4 paid more than 5 times as much as the parlay.

--Dunbar

most horse players cant even figure out the parlays or know what they mean, you post while spot on is probably greek to alot of people.

[gamblin4ever]

For most horseplayers to realize the benefit of Ellis, one of the big 3(Churchill,NYRA,& Magna) will have to reduce takeout.
Magna will have reduced takeout (14%) when Laurel starts their meet. Hopefully players will start to see the increased payout from Laurel and start looking @ Ellis.

If the Laurel meet is sucessful maybe Magna will make the change @ all their tracks,hopefully.

Of course most players like to bet tracks where the better quality horses are,IMO

[Dunbar]

Originally Posted by gamblin4ever

For most horseplayers to realize the benefit of Ellis, one of the big 3(Churchill,NYRA,& Magna) will have to reduce takeout.
Magna will have reduced takeout (14%) when Laurel starts their meet. Hopefully players will start to see the increased payout from Laurel and start looking @ Ellis.

If the Laurel meet is sucessful maybe Magna will make the change @ all their tracks,hopefully.

Of course most players like to bet tracks where the better quality horses are,IMO

If Ellis is not successful, I don't think Laurel will be successful. The impact of an 11% takeout, while important, is not nearly as dramatic as a 4% takeout. If horseplayers are not flocking to Ellis's 4% pick-4, they are hardly going to notice Laurel.

Horseplayers who are genuinly interested in the future of the sport from a betting perspective should be playing the Ellis 4% even if they have no interest in that track or those particular horses.

Every $100 you bet at Ellis is a $4 investment in future lower takeout. That's all it will cost you in the long run, even if you throw darts at the PP's.

--Dunbar

[SniperSB23]

Originally Posted by Dunbar

If Ellis is not successful, I don't think Laurel will be successful. The impact of an 11% takeout, while important, is not nearly as dramatic as a 4% takeout. If horseplayers are not flocking to Ellis's 4% pick-4, they are hardly going to notice Laurel.

Horseplayers who are genuinly interested in the future of the sport from a betting perspective should be playing the Ellis 4% even if they have no interest in that track or those particular horses.

Every $100 you bet at Ellis is a $4 investment in future lower takeout. That's all it will cost you in the long run, even if you throw darts at the PP's.

--Dunbar

I threw darts at the entries last week and thanks to scratches hit it 4 times (for 50 cents) on a $4 ticket.

[philcski]

Originally Posted by Dunbar

If Ellis is not successful, I don't think Laurel will be successful. The impact of an 11% takeout, while important, is not nearly as dramatic as a 4% takeout. If horseplayers are not flocking to Ellis's 4% pick-4, they are hardly going to notice Laurel.

Horseplayers who are genuinly interested in the future of the sport from a betting perspective should be playing the Ellis 4% even if they have no interest in that track or those particular horses.

Every $100 you bet at Ellis is a $4 investment in future lower takeout. That's all it will cost you in the long run, even if you throw darts at the PP's.

--Dunbar

The response has been tremendous- they have been averaging almost 3X the old pools, not to mention more exposure in the other pools.

Hopefully Laurel gets the same.

[Dunbar]

Originally Posted by philcski

The response has been tremendous- they have been averaging almost 3X the old pools, not to mention more exposure in the other pools.

Hopefully Laurel gets the same.

I hope they are happy with that 3X, Phil. I find the numbers uninspiring. My $300-$400 bets are 1 to 1.5% of the pool, and I don't even like betting Pick-4s. In fact, I don't think I've ever bet a Pick-4 before this 4% takeout.

There was over $20 million bet on horseracing in the US yesterday. Those bets were all made into pools with 15% to 25% or more takeout. But the one bet which could have a dramatic impact on the future of betting could only attract $36,970 worth of interest. I think some of that other $19.96 million could have been better spent on the 4% Pick-4.

--Dunbar