Woodbine Payouts

[PaceAdvantage]

OK, I've asked this question before, "How can the price on the tote in Canada equal what we get paid here in America?"

Now it seems there might be an answer. I've noticed recently that horses whose final odds are 7-1 on the tote at Woodbine, are paying $21+ here on YouBet and BrisBet....even though their totes ALSO show 7-1.

This screwed me up today, because I was looking for 9-1 minimum on a certain horse, but he was 7-1 on the tote....he won, and the payoff was $21+

I would have bet the horse if I knew I was looking at a $21 payoff.

I thought I read that something was changing with the way Woodbine handles the tote. Can anyone elaborate on just what is going on up there?

[andicap]

Don't they bet into a seperate pool in Canada?

[RXB]

Americans can bet directly into Canadian pools, but (currently) Canadians cannot bet into American pools.

So, if you're looking at the Canadian tote odds for a race in the USA, be aware that they are the odds for a separate, smaller pool.

This was all supposed to change when Bush signed the bill last fall that exempts foreigners from paying taxes on gambling winnings, but so far no results.

[PaceAdvantage]

It wasn't like this last year. I always remember getting paid whatever the odds on the Woodbine tote were. And I always wondered how that is because of the currency differences. Somebody answered the question for me once some time ago, but I have forgotten the answer....

But I am 100% certain that up until today, I have always been paid track odds at Woodbine....

[musola]

It appears that Woodbine has to apply to the individual tracks to commingle their pool with the U.S pool. From what I hear Woodbine has made application to both the Meadowlands and Churchill Downs to commingle their Cdn pool with the U.S mutuel pool.

[RXB]

So, it was a Woodbine race that you bet, PA?

If that's the case, then you get the same payout as a Canadian bettor. Everything is bet into a common pool. There are separate pools in Canada for American races... hopefully not for much longer, but with Woodbine running the show I've learned not to be too optimistic.

[JackS]

Unless theirs a seperate pool as suggested, Canadian odds would be the same no matter. In effect, a $1 bet weather Canadian, American or euro's would all be as the tote board stated. The $21 payout has got to be related to another pool and not the Canadian pool.

[PaceAdvantage]

Yes, it was a Woodbine race...

I double checked the odds on two different tote servers, YouBet and BrisBet. Both had the horse's final odds at 7-1. Horse paid $21+

It wasn't like this last year when I would bet Woodbine. I'm still rather confused as to why this is....

[shanta]

It appears that Woodbine has to apply to the individual tracks to commingle their pool with the U.S pool. From what I hear Woodbine has made application to both the Meadowlands and Churchill Downs to commingle their Cdn pool with the U.S mutuel pool.

I am not sure if this is of any help but I was at the Meadowlands yesterday wagering Woodbine. If the horse in question was the # 5 winner of the 9th race with 1 mtp his odds showed as 8/1. After crossing the wire he showed at 9/1 and paid 21 dollars.

Richie

[PaceAdvantage]

Well then, YouBet and Brisbet toteboards have something funky going on if that is the case....I'll have to watch further to see if this continues to happen....


Sign me,

Confused....

[nick777]

I don't believe this is true

what horse, and what race ?

i want to see it

[banacek]

I played Hastings in Vancouver the last couple of weeks and the BRIS odds board has the EXACT same pools as the HPI (Horseplayer interactive) pools. BUT the BRIS odds were lower on EVERY SINGLE HORSE. So I just shut the BRIS ones off and stayed with HPI. The HPI pools and odds were correct (matched the odds board on the video from Hastings)- so I don't know what was happening with the BRIS odds board. Even when the last race was long over, you could go on the BRIS board and it would say 10-1 on the winner (and the horse would pay 12-1). I wasn't playing Woodbine, but I'd guess that was the same problem.

I couldn't figure it out either. Only thing I thought was maybe they were doing something stupid with the exchange rate- but 10-1 is 10-1. I bet a banana get 10 bananas profit. Bet a yen, 10 yen profit, bet a C$ get 10C$ profit, bet US$ get 10US$ profit. Reminds me of a race at Woodbine years ago (was it the Arlington Million when they had it at Woodbine because there was a fire?). So some horse wins and pays like $80 and Jim McKay on ABC sports says that's about $60 in U.S. funds. I couldn't believe it. You are right Jim, but you only bet $1.50 U.S. then - guess what still 39-1!

[PaceAdvantage]

I don't believe this is true

what horse, and what race ?

i want to see it

Take your pick. The 1st race just went off at Woodbine.

Final odds on the winner on YOUBET = 15-1

Payoff on YOUBET = $41.50

Discuss amongst yourselves.....

[Zman179]

Woodbine has a separate takeout structure to those from other tracks (even within Canada) and applies it to the pools of each and every track. Woodbine, as well as other Canadian tracks, will pay you sometimes more or sometimes less than the host track depending on the takeout structure for each track. All tracks in Canada perform this.

Here's the result for Woodbine's 1st race for Wednesday, May 4th and the Ontario payoffs:

4...41.50 20.50 9.40
5.............8.60 5.00
3....................2.90

$2 Exacta 4-5 254.00
$2 Trifecta 4-5-3 730.10


And here's the payoffs for the exact same race in Québec:

4...39.50 19.60 9.00
5.............8.20 4.80
3....................2.80
$2 Exacta 4-5 224.20
$2 Trifecta 4-5-3 714.80

And the payoffs would be different in the other provinces (and sometimes in the US) for the same race as well. Same pools, different takeouts.

As far as Youbet goes, they've always had a screwed up interface. Their odds & probables hardly ever match those from the TV screen.

[Zman179]

One more example, here are the payoffs for Flamboro Downs 11th race for Wednesday:

4...9.10 4.60 3.10
2........11.90 4.70
1................3.70

DAILY DOUBLE (3-4) paid 44.10
EXACTOR (4-2) paid 100.60
TRIACTOR (4-2-1) paid 394.00
SUPERFECTA (4-2-1-5) paid 3255.60

And again, the Québec prices for the same race:

4...9.40 4.70 3.10
2........12.20 4.90
1................3.80
$2 Double 3/4 39.90
$2 Exacta 4-2 91.10
$2 Trifecta 4-2-1 366.60
$2 Superfecta 4-2-1-5 2948.60

[banacek]

I am Canadian so I know all about the separate pools, but this is different. Here are the final odds from BRIS and HPI for Race 4 WO:
1 2 3 4 5 6 7 8 9 10

10 6 25 30 3 12 1 30 8 2 Total win pool 49531 BRIS

13 8 34 40 4 16 8-5 40 10 5-2 Total win pool 49531 HPI

and the amount bet on each horse is listed the same on both boards

Horse 7 won and paid $5.40.

As I said in my previous post, exact same thing is happening at Hastings which just opened a couple of weeks ago. Last year I used BRIS to follow the odds. But this year it is all screwed up, so I have been using HPI's board (when I can connect!). The odds from HPI are correct and they match the odds on track (I can check fromt he video)

[Zman179]

I've found the problem. BRIS' odds interface is mistakenly converting the odds from Canadian dollars into American dollars, even though one receives the same payout in the end.

Today's exchange rates (using the odds of the #1 and the #2 horse from the example above):
$13 CAD = $10.43 US
$8 CAD = $6.41 USD

[musola]

R8 for for today's card at Woodbine

1 2 3 4 5 6 7 8 9 10 11
Bris 3-1 13-1 15-1 11-1 9-2 7-1 21-1 3-2 13-1 14-1 9-2
WO 4-1 17-1 20-1 14-1 5-1 9-1 26-1 2-1 16-1 18-1 5-1


Funny thing is the bris results posted after the race are based on those woodbine odds.

[BillW]

To correct a minor error (in case you get a big "Huh?" from Bris if you report it) The error is with AmericaTab's interface. :)

BTW - I'll call them.

Bill

[PaceAdvantage]

As far as Youbet goes, they've always had a screwed up interface. Their odds & probables hardly ever match those from the TV screen.

a) those were FINAL ODDS that I quoted from YouBet. They ALWAYS match the FINAL odds on the tv screen.

b) I confirmed them with BRISbet, which you have already seen is also screwy.

I can't believe I am one of the first ones who noticed this (days ago). I guess nobody plays Woodbine....LOL

[sjk]

I think they've finally got it straightened out on Supertote.