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mkkash
01-26-2014, 12:10 AM
I am here catching up on my new daily records.

Good handicappers live for days like Monday Friday and Today.

On these days the Pros and the Lucky clean up.

Here is a good reason to study: Pick-5 $.50 bet Today the Pool was
$440,249.00 and the pay off was a cool $126,188.40.

A few Long shots came in....Are you thinking?

A few thousand would pay off all my creditors and buy some good food.

Good Luck Sunday!!

MK Kash

Stillriledup
01-26-2014, 12:18 AM
There's hope for us all if a bet can pay 126k for 50 cents with a 1-2 shot winning the first leg.

mkkash
01-26-2014, 01:22 AM
There's hope for us all if a bet can pay 126k for 50 cents with a 1-2 shot winning the first leg.

You did not have to select the 1 but if you selected the 4 or 6 both scratched
you still would have won the 1st leg.

??? Race 7 the SX= Superfecta Pool has $162,039.00

But the pay off is .............$1,235,437.40 and this is $1,073,398.40 more
than what they say was bet. WHO got this pay off?

The most likely correct pay off was $129,340.00 only 1 winning ticket.

Someone made an error or did they?, And no one is correcting it!! WHY?

My pockets need some of this play dough!!

MK Kash

taxicab
01-26-2014, 01:57 AM
You did not have to select the 1 but if you selected the 4 or 6 both scratched
you still would have won the 1st leg.

??? Race 7 the SX= Superfecta Pool has $162,039.00

But the pay off is .............$1,235,437.40 and this is $1,073,398.40 more
than what they say was bet. WHO got this pay off?

The most likely correct pay off was $129,340.00 only 1 winning ticket.

Someone made an error or did they?, And no one is correcting it!! WHY?

My pockets need some of this play dough!!

MK Kash


There was only 1 winning ticket sold.
It was for ten cents.
Thus 10% of the number that you saw for the $1.00 pay off.
Tracks always list the payoffs @ $1.00.

lamboguy
01-26-2014, 03:29 AM
Santa Anita"s handle for Saturday was $15 million. not to bad for a card that had a bunch of state bred stake races., they also had 11,000 people that attended. the track management is doing a good job over there.

mkkash
01-26-2014, 06:51 AM
There was only 1 winning ticket sold.
It was for ten cents.
Thus 10% of the number that you saw for the $1.00 pay off.
Tracks always list the payoffs @ $1.00.

Taxicab, the total amount bet was $162,039 in this Pool.

My concern is not 1 or 1,000 $.10 tickets, but how they
listed the payoff of $1,235,437.40.

If one subtract the the take out of $32,699 that would leave
a balance of $129,340 to be split between the winning ticket(s)
holders.

MK Kash

Rise Over Run
01-26-2014, 07:21 AM
Taxicab, the total amount bet was $162,039 in this Pool.

My concern is not 1 or 1,000 $.10 tickets, but how they
listed the payoff of $1,235,437.40.

If one subtract the the take out of $32,699 that would leave
a balance of $129,340 to be split between the winning ticket(s)
holders.

MK Kash
For starters, the takeout amount you are using is incorrect. Superfecta takeout in California is 23.68%, which would be $38,371; or $123,668 to be paid to the winner(s).

mkkash
01-28-2014, 01:43 AM
For starters, the takeout amount you are using is incorrect. Superfecta takeout in California is 23.68%, which would be $38,371; or $123,668 to be paid to the winner(s).

THANKS W ISE OVER RUN....YOU ARE HANDICAPPING.

I have that figure in my files, but which one? On which computer?

So I went online and found an article written by someone at the
TBOC talking about take out rates. So I ran with it.

I stand corrected Thank You.

MK Kash

Ocala Mike
01-28-2014, 09:20 AM
My concern is not 1 or 1,000 $.10 tickets, but how they
listed the payoff of $1,235,437.40.



Why horseplayers have trouble with the concept of a "theoretical" payoff is unfathomable to me. They list it "as if" someone had a dollar on it. ALL SF PAYOUTS AT SA ARE LISTED FOR THE $1 PAYOFF, whether there are beaucoup dollars on it or one thin dime. Do the math, this time with the correct takeout and you'll arrive at the listed payoff to $1, with exactly 1/10th of that amount (rounded down for breakage) to the one dime winner that had it.

EMD4ME
01-28-2014, 10:33 PM
Why did the one dime winner get short changed the $125? Breakage is not to the nearest $125. Using your numbers , the one dime winner should've received $123,668 but the payout was $123,543.74.

mkkash
01-29-2014, 08:56 PM
Why did the one dime winner get short changed the $125? Breakage is not to the nearest $125. Using your numbers , the one dime winner should've received $123,668 but the payout was $123,543.74.

EMD4ME
I came up with the same figures as you. I came up with $129.47 short.

Maybe they took out for being a dime player (The Dues)

Been up since 4:30 A M time to get some shut eye

MK Kash

therussmeister
01-29-2014, 09:24 PM
Why did the one dime winner get short changed the $125? Breakage is not to the nearest $125. Using your numbers , the one dime winner should've received $123,668 but the payout was $123,543.74.
Probably was won at a venue charging higher takeout through net pool pricing.