Churchill introduces new bet

[trigger]

http://www.courier-journal.com/apps/pbcs.dll/article?AID=/20080610/SPORTS08/806100503/1037/SPORTS08

[JustRalph]

I hope this "Matrix" is easier to understand than the damn movie was :bang:

[46zilzal]

Sounds like a good idea. I have always held that each track should "shake up" the wagering now and again. Add new forms and take away ones not supported.

They should begin to have the English "lay" bets too.

[Tom]

Who cares?
We can't bet CD anyway.
46, CD is already "laying" us....not sure if it's English or not! :eek:

[46zilzal]

Who cares?
We can't bet CD anyway.

Speak for yourself. The track crew plays games with the surface from day to day, but the program finds that out.

[ryesteve]

This bet is just another example of how the people in charge think their customers are a bunch of idiots. Do they really think a lot of people find it THAT difficult to box an exacta or a tri all by themselves?? And making 3 win bets on the same race is a surefire longterm losing proposition. So the question is, do they not understand that, or are they purposely looking to screw the naive?

[Tom Barrister]

Congratulations to Churchill: this wins the "Stupidest New Bet of the Week" award.

I wonder if the lucky fan who manages to hit the win/exacta/trifecta with these three horses will get breakage deducted from all three winning bets, or if they will be totaled first?

[Spendabuck85]

What's the over/under on this bet lasting longer then their last new betting flop - the "Over/Under"

[asH]

I hope this "Matrix" is easier to understand than the damn movie was :bang:

:lol:

[KMS]

This bet is just another example of how the people in charge think their customers are a bunch of idiots. Do they really think a lot of people find it THAT difficult to box an exacta or a tri all by themselves?? And making 3 win bets on the same race is a surefire longterm losing proposition. So the question is, do they not understand that, or are they purposely looking to screw the naive?

I see an advantage in allowing you to cover three horses a bunch of different ways for a third of the cost as the traditional two dollar bet. The hard core handicapper may not care for it, but it might appeal to the casual once or twice a year fan, and that's who we need to bring back to the races.

[rrpic6]

An on-track bet that is a minimum of $9! A casual bettor is going to waste good beer money ($6 a can there) on this? No way! I predict a lower handle daily on this then they got on the over/under bet.


RR

[Robert Fischer]

if this had it's own SEPARATE pools

or if you got $15 worth of bets for $9 (rather than 15 x .60c/) :jump: yea right

or if they made it a $2 "Casino" type of play (13cents minimum)

it could have it's merits.

as it is, it seems like a poorly thought out inneficient way to play.

[HUSKER55]

Hey boys and girls, Please help me clarify things. Suppose an exacta pays $60. Under the Matrix I would get $9??? Is that right? How much of the win place and show money on the ticket do you get? Do I get it for both Horse A and Horse B. If the horse paid $6 to win the Matrix would pay what, $1.75?

BTW, I also thought the movie was tough so I switched channels, and it may be awhile before I try this. (Unless one of you can explain how this works so I understand it)

thanks

husker55

[Robert Fischer]

Hey boys and girls, Please help me clarify things. Suppose an exacta pays $60. Under the Matrix I would get ???

$18



it is a 60cent minimum bet. 3 horses to win. Exacta box , Trifecta box. = 15combos for $9.

basically expect about a little less than a third of the $2 exacta win or trifecta payouts. No place or show.

The exact math is .30 x $2 payouts.

[Bruddah]

if Churchill mgmt. ran this by their attorneys, Doowee-Cheatum & Howe ? :lol:

I also believe in the old axiom of giving the customer what they want. Have any of you demanded this type of bet from Churchill? Come on and fess up to it boys.

[ryesteve]

I see an advantage in allowing you to cover three horses a bunch of different ways for a third of the cost as the traditional two dollar bet. The hard core handicapper may not care for it, but it might appeal to the casual once or twice a year fan, and that's who we need to bring back to the races.Yeah, if they're coming out twice a year, they'll never notice that this bet will drain their money faster than having a hole in their pocket. If you want to bring them back more frequently than that, don't offer them sucker bets. If you want to offer them a low minimum bet, that's fine, but this much forced coverage is nonsense.

[phatbastard]

and the breakage works? more loot for CD

[borntoride]

Dumbest thing I've ever heard of. If they're trying to attract newbies, this isn't gonna help. I've spent lotsa time explaining wager types to newcomers and exotics only confuse them. This is double confusion, and not of any interest to someone who really knows how to wager. Dumb.

[MAGICHORSEMAN]

You would get 6/20 of a $2 bet or .30 of the $2 payoff plus one dollar of a two dollar win bet. So you would get $18 plus $3 or $21 total dollars

[BCOURTNEY]

Looks like another pool to find value in. I know a few 10 cent superfecta bettors that enjoy playing smaller fractions when the margins of expection are small that they are excluded with a dollar minimum, maybe the same logic can work here.

[Bruddah]

Dumbest thing I've ever heard of. If they're trying to attract newbies, this isn't gonna help. I've spent lotsa time explaining wager types to newcomers and exotics only confuse them. This is double confusion, and not of any interest to someone who really knows how to wager. Dumb.

and it took me several readings to figure it out. Imagine what a newbie must think. Why would you want to complicate a basic wager for someone new to the game? Yeah, Churchill had a lot of customers demanding this bet and they are just giving the customer what they are demanding. Thanks CDN, you've always got your customers backs...while you're rifling through their pockets. :D

[BCOURTNEY]

This bet is just another example of how the people in charge think their customers are a bunch of idiots. Do they really think a lot of people find it THAT difficult to box an exacta or a tri all by themselves?? And making 3 win bets on the same race is a surefire longterm losing proposition. So the question is, do they not understand that, or are they purposely looking to screw the naive?

Perhaps making 3 win bets or more every race is the only surefire way to win long term, and since you could play a multitute of tickets at fractional costs you could proportionally bet them. Anything that lowers entry cost and requires a smaller minimum, can turn marginal plays into feasible or appropriate ones.

[Pace Cap'n]

Wow--might have to move to Louisville for this one. Just what I've been looking for...a bet that will GUARANTEE TWELVE LOSING TICKETS.

[ryesteve]

Perhaps making 3 win bets or more every race is the only surefire way to win long term, and since you could play a multitute of tickets at fractional costs you could proportionally bet them.Bet proportions don't matter when the expectation is negative. It's hard enough to make profit with one horse that you perceive offers the best value in a race... trying to do so with 3 is just not possible, unless you're betting at a rebate shop and getting 10% or 12% back.

[Tom]

Speak for yourself. The track crew plays games with the surface from day to day, but the program finds that out.

What are you babbling about?
Your program figures out how to get a bet down on a track that won't accept wagers??? Layin gus referes to CD screwing thier former customers. Pay attention.:bang:

[citygoat]

I used to bet Churchill but they decided to not take my internet bets so now Iam eagerly awaiting the Grand Opening of MICHIGAN DOWNS on July 18,2008.
The computer betting is more effecient and organized but it is not more fun.

P.S. that 3 in 1 bet is feeked deep.

[MAGICHORSEMAN]

Hey boys and girls, Please help me clarify things. Suppose an exacta pays $60. Under the Matrix I would get $9??? Is that right? How much of the win place and show money on the ticket do you get? Do I get it for both Horse A and Horse B. If the horse paid $6 to win the Matrix would pay what, $1.75?

BTW, I also thought the movie was tough so I switched channels, and it may be awhile before I try this. (Unless one of you can explain how this works so I understand it)

thanks

husker55


You would get 50 cent worth of a $2.00 ticket or .25 of the $60 exacta or $15 and you would get $1.00 worth of the $2.00 win ticket or $3.00 here. So the total is $18.00

[thelyingthief]

This bet is just another example of how the people in charge think their customers are a bunch of idiots.


jesus christ, haven't you figured it out yet? it's the people in charge who are idiots. why else are things in such a mess?

tlt.