SG4
06-09-2015, 10:23 AM
Didn't hear anything about this ahead of time, but in checking the Belmont day charts it looks like Belmont didn't offer show wagering on either the Woody Stephens or Ogden Phipps. This seems like a curious move since I'd think on big days there would be enough money spread all around to make minus pools difficult to achieve, and it's easy to redboard now, but I didn't think either of the 2 favorites were slam-dunks the way a minus pool creator usually is. I know they did this last year for Untapable's Mother Goose, and that I thought seemed like a prudent business decision based on how the field stacked up, even though people grumbled about that at the time.
What I want to know is how often does NYRA plan on doing this in the future, and who has the ultimate decision on when to cancel show wagering? Seems like that'd be a pretty pressurized handicapping position, as that must've been a decent chunk of change they missed out on in profits with Competitive Edge running out. Long-term I'd have to think the occasional minus pool is offset with more profits from bridgejumpers running out of the money, but maybe they've got real numbers to back up their ideas where I'm really just going on a guestimate. I know Woodbine follows this methodology as well, think this is something other tracks will start to copy too?
What I want to know is how often does NYRA plan on doing this in the future, and who has the ultimate decision on when to cancel show wagering? Seems like that'd be a pretty pressurized handicapping position, as that must've been a decent chunk of change they missed out on in profits with Competitive Edge running out. Long-term I'd have to think the occasional minus pool is offset with more profits from bridgejumpers running out of the money, but maybe they've got real numbers to back up their ideas where I'm really just going on a guestimate. I know Woodbine follows this methodology as well, think this is something other tracks will start to copy too?