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View Full Version : Please explain why this ticket pays out less than I think it should

mapz
08-27-2016, 02:32 AM
From Saratoga Today:

http://imgur.com/a/Xb3Ru

$7 denomination Grand Slam bet (horse must show in legs 1/2/3, horse must win in leg 4).

12 bets on one ticket with 1/2/2/3 runners -- 1*2*2*3 = 12 combinations. Ticket cost $7x12 = $84.

On the notecard, each of the 12 combinations is listed. Two combos were winners, both 3/13/1/5 and 3/13/2/5 (#5 horse won final leg, and #1 and #2 horses both finished in top three in third leg).

I'm assuming this ticket is only going to pay out the $2 Grand Slam payout x (7/2) for my $7 denomination bet.

However, if I had instead asked for each of my 12 desired combinations in a unique $7 denomination and ended up with 12 individual $7 tickets, I would have two winners at the $7 denomination. Why when putting them on one slip do I only get paid for one winner?


Thank you in advance -- I am fairly new to horse racing and this is really annoying/bothering me right now.

Also sorry, was not able to figure out how to attach this photo of the betting slip:

http://imgur.com/a/Xb3Ru
Red Knave
08-27-2016, 08:46 AM
I'm assuming this ticket is only going to pay out the $2 Grand Slam payout x (7/2) for my $7 denomination bet.

However, if I had instead asked for each of my 12 desired combinations in a unique $7 denomination and ended up with 12 individual $7 tickets, I would have two winners at the $7 denomination. Why when putting them on one slip do I only get paid for one winner?
Are you "assuming" because you didn't try to cash it?
I'm thinking you have it twice and your ticket is worth $177.80.
Parkview_Pirate
08-27-2016, 09:39 AM
Are you "assuming" because you didn't try to cash it?
I'm thinking you have it twice and your ticket is worth $177.80.

Correct - he has the winning combination twice on his ticket, for a total of $14 of "winners".

Or, in other words, he has the $2 payoff a total of seven times.

Easy, peasy.
salty
08-27-2016, 09:45 AM
:lol: :lol: :lol: :lol: :lol: :lol: :lol:

They definitely pay you for both. And why didn't you take a picture of the ticket. Your post is seriously confusing. I thought this has to do with Thursday's grand slam where they posted the will pay on the 7 at $151 then after the race was over it only pays $118 thanks to NYRA for leaving the MTO up on the betting menu. Today should pay pretty good even with flintshire in it
mapz
08-27-2016, 11:51 AM
Oh jeez -- I haven't cashed it yet -- I just assumed (hopefully incorrectly) that I'll only get paid once on it.
BCOURTNEY
08-27-2016, 12:04 PM
Oh jeez -- I haven't cashed it yet -- I just assumed (hopefully incorrectly) that I'll only get paid once on it.


You will get paid twice. Don't save it and frame it on the wall.
mapz
08-27-2016, 10:42 PM
I did get paid twice! Thanks everyone for the reply! Was being paranoid assuming I would only get paid for one winning combo
MonmouthParkJoe
08-28-2016, 09:56 AM
I didnt even know people play the grand slam anymore
rastajenk
08-28-2016, 10:09 AM
And a seven dollar one to boot. :cool:
Pensacola Pete
08-28-2016, 04:28 PM
The same mistake is often made by Pick X winners who have a horse that's scratched, and the favorite of that race wins.

For example: if you had this ticket:

1st: 1
2nd: 7
3rd: 1,2,3,5,8

The results came 1-7-5 with the 5 being the favorite in the last race and #2 being scratched in that race, you'd have two winners if that track transferred scratched horses to the betting favorite.