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2021 Bill Varone Memorial Cup Our Annual Contest Honouring our Founder and Friend |
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04-24-2021, 02:21 PM | #21 | |
3-3-1 - 3-3-2
Join Date: Feb 2013
Posts: 394
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Quote:
If the track offers pick 4 or 5 and other exotics for minimum $0.20, then contestants can spread with more horses. In the spirit of Sartin and Bill, our contest has been about sharing our knowledge. With a $2.00 min bet it forces us to construct and money management our bets structure. Just my thoughts and will play within the rules. |
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04-24-2021, 06:36 PM | #22 |
Grade 1
Join Date: Jun 2010
Posts: 1,676
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Clarifcation
Pook, If I were to play a .50 P-4 and if it were to pay 600.00,
would I get credit for the full amount since both the bet and the payoff are 4 times the min. bet and the minimum payoff which is 150.00 ? The same holds for both the P-3 and the DD? Rmath |
04-24-2021, 08:02 PM | #23 | |
Grade 1
Join Date: Feb 2014
Location: Loretto, Ontario Canada
Posts: 2,539
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Quote:
Straight Win $30 Place $15 Show $7 Verticals Ex $60 Quin $40 Tri $90 Super $120 Hi-5 $150 Horizontals DD $60 Pk3 $90 Pk4 $120 Pk5 $150 Pk6 $250 Rich, I think you are confusing maximums with minimums. As you can see above the MAX for $2 in a Pk4 is $120. So .50 would get you $30 MAX. Your $600 payoff becomes $30. Not great and it gets proportionately worse the more exotic you get. While allowing players to bet on anything they wish, this is designed to stop huge exotic payoffs from skuing the contest. It would make more sense to parlay your own bets across four races. Although you will probably run into the $100 per day bet cap. The structure rewards picking winners as singles, or maybe doubles horizontally. Pk3’s maybe. With verticals it is singles and exactors and maybe tris. Anything further out doesn’t really make sense. This adds a challenge in bet and money management that frees players from the same old win and place but reigns in huge exotic payouts. I hope this clears it up for you. Pook Last edited by The Pook; 04-25-2021 at 07:51 AM. |
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04-25-2021, 10:33 AM | #24 |
Grade 1
Join Date: Jun 2010
Posts: 1,676
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Thanks
Thanks for clarifying.
You have made up my mind for not joining the contest. I wish all the players good luck. Richard |
04-25-2021, 04:44 PM | #25 |
Conley
Join Date: Sep 2018
Location: Fergus, Canada
Posts: 1,777
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Before this contest starts since I am a total noob to this is the cap how much I can get per wager like $30 to win or how much you are restricting for how much a return would be so if my 15-1 shot wins I am only getting $30?
I feel like an idiot asking this question but just wanting to be 100% certain before I start posting my contest selections Thank you, Pook
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Life is an adventure, enjoy it and live every day as if it were your last- Barb Craven |
04-25-2021, 07:52 PM | #26 | |
Grade 1
Join Date: Feb 2014
Location: Loretto, Ontario Canada
Posts: 2,539
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Quote:
Pook |
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04-25-2021, 09:07 PM | #27 | |
Conley
Join Date: Sep 2018
Location: Fergus, Canada
Posts: 1,777
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Quote:
And yes that is true not too many of my horses I Pick are more than 10-1 lol
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Life is an adventure, enjoy it and live every day as if it were your last- Barb Craven |
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04-26-2021, 09:37 AM | #28 |
Grade 1
Join Date: Jun 2010
Posts: 1,676
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???
Pook, you only answered part of Conleys question.
He asked how much he would be awarded if he bet 30.00 on a horse paying 30.00. From the answer you gave me I assume everyone will only get the actual amount equal to a 2 dollar bet regardless of the payoff . So if this is true everyone should only bet 2.00 on every bet. IS this right Rmath |
04-26-2021, 10:49 AM | #29 | |
Grade 1
Join Date: Jun 2005
Location: Nanaimo, British Columbia, Canada
Posts: 8,853
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Quote:
If a Mutuel price is 20-1, you still only get a maximum of 14-1 price. If 10-1, you get the full 10-1 price. The $2 wager caps apply to the Mutuel price, NOT to the payoff of your wager, which can be many multiples of the base price. In Conley's example, betting $30 on a $30 payoff for $2 = 30 x $15 tickets for each $1 = $450 (or 15 x $30 for each $2 = $450 if you prefer). Ted
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RDSS - Racing Decision Support System™ Last edited by Ted Craven; 04-26-2021 at 10:56 AM. |
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04-26-2021, 10:51 AM | #30 | |
Grade 1
Join Date: Feb 2014
Location: Loretto, Ontario Canada
Posts: 2,539
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Quote:
At the top of the caps post it states Pool Caps per $2 wager All the caps are for $2 bet. If he bet $30 on a horse paying $30 for a $2 wager he would get 15 x $30 = $450. Does this perhaps change your mind? Pook |
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