50 cent trifectas & pick 3s at Churchill

[CBedo]

Starting Thursday, Churchill has reduced the minimum wager size on trifectas & pick 3s to fifty cents.

http://www.thoroughbredtimes.com/national-news/2009/November/18/Churchill-to-expand-wagers-with-50-cent-minimums.aspx

[andymays]

Not a good idea in my opinion. These gimmicks are starting to resemble casino gaming more and more every day.

We can always make every bet 1 cent so everyone can use all with all with all with all with all............................................... ..............

[Cubbymac26]

Its a great idea...

I no for a fact it will add more money to the pool..

I never in my life bet a pk4 at kee till they had a 50 center and I put 100 into it as for trifectas that's a good idea 2....

Almost gaurenteed to add more money to the pool definitly not a bad thing

[ddog]

I don't like it , but if they think it will help , then go for it.

I think it would work to bust the small guy quicker.

If you can do it for a buck you can do it for 50cents.

If not for a buck I dont think 50cents will help you.

You may cash more but you will not be profitable.

I guess they think , more people will play exotics so they can rake out more from a few more players???

[ddog]

Not a good idea in my opinion. These gimmicks are starting to resemble casino gaming more and more every day.

We can always make every bet 1 cent so everyone can use all with all with all with all with all............................................... ..............



:D


so true.

quick picks anyone!!!!! :lol:

[CBedo]

If it allows someone to bet more losing combinations against me, I'll take it.

Also, it means less signers!

I agree that it allows some to play lottery picks. It reminds me of the group that sat behind me at the OTB the other day betting dogs.

[1st time lasix]

With ten cent supers already in place most everywhere....a fifty cent trifecta makes some sense. The super was more attractive for a more nominal .10 amount than the tri for the limited bankroll player. Certainly the .50 tri was never far behind. I guess that with the lower denomination it might possibly water down the payoffs of the winning ticket combo that wins with two longer shots. The lower minimum provides people the opportunity to spread more I guess. How soon before the pic 6 is a dollar everywhere? I was never a fan of lowering any of the minimums..... but it should be lower there too..... if you consider the regular occurance of IRS withholding. The tracks just want more money in the pools. They could care less about fighting the irs

[fmolf]

With ten cent supers already in place most everywhere....a fifty cent trifecta makes some sense. The super was more attractive for a more nominal .10 amount than the tri for the limited bankroll player. Certainly the .50 tri was never far behind. I guess that with the lower denomination it might possibly water down the payoffs of the winning ticket combo that wins with two longer shots. The lower minimum provides people the opportunity to spread more I guess. How soon before the pic 6 is a dollar everywhere? I was never a fan of lowering any of the minimums..... but it should be lower there too..... if you consider the regular occurance of IRS withholding. The tracks just want more money in the pools. They could care less about fighting the irs
for the tri players it is great because their will be the same % of losing tickets no matter the denomination of the bet.same with the p3's and 4's the more spreading this will enable sharp handicappers to still hit the bet with a smaller amt of combos and get larger payouts.

[Moyers Pond]

A no brainer in bad economic times. This will only add to the handle.

[BlueShoe]

These gimmicks are starting to resemble casino gaming more and more every day. .
Now that would be really great if they did.Just think,a 1.4% takeout like on line bets at the crap table would sure be sweet.

[proximity]

Not a good idea in my opinion. These gimmicks are starting to resemble casino gaming more and more every day.

We can always make every bet 1 cent so everyone can use all with all with all with all with all............................................... ..............


if i want to bet $1.29 on one combination and 83 cents on another combination, why shouldn't i be allowed?

[castaway01]

Not a good idea in my opinion. These gimmicks are starting to resemble casino gaming more and more every day.

We can always make every bet 1 cent so everyone can use all with all with all with all with all............................................... ..............

Cuts down on the signers = good bet. Yeah, who'd want to resemble casino gaming? Those things have failed everywhere! :lol:

[SMOO]

it means less signers!



:ThmbUp:

Anything that keeps uncle sam from stomping his rake on top of the track rake is a good thing.

[Horseplayersbet.com]

Lets not forget that this is a 19% takeout bet and not a 25%+ takeout bet. It at least won't bleed the player as quickly as getting them to go for the super.

I'd rather try to attract money towards lower takeout bets than higher ones, and that is what this is doing in this case.

[andymays]

Why not 25 cent tri's and pick 3's then? Better yet lets go back to my penny bet idea.

C'mon people, what did everyone do when we had $5 minimum exactas?

That's when $5 was worth $10 or $15 in today's dollars.

Small bet amounts lower the big prices and bring up the small prices. There are consequences to every bright idea.

[rrbauer]

A no brainer in bad economic times. This will only add to the handle.

You have NO proof of this and it is far from a no-brainer. I can see it generating more handle for them when they have their Friday night cards because there are/will be a lot of novices in attendance. But, do you really think that hardcore horseplayers will dig down deeper in order to leave more money at the track because the cost of entry for a particular bet has been decreased? I think that the strategy runs the risk of allowing players to make the same plays for less money which will not increase handle. It will not increase the number of Trifecta's or Pick-3's being offered on a card so if you can play in the same pools with less money why would handle increase?

[DanG]

if i want to bet $1.29 on one combination and 83 cents on another combination, why shouldn't i be allowed?
Exactly PM and the same logic should apply to payouts. A winning $1.29 to win on X should be credited to the exact cent in your account….just as your change isn’t normally rounded down at Ralph’s for a 6-pack.

[my_nameaintearl]

A no brainer in bad economic times. This will only add to the handle.

no Now with this people will instead of putting $6 into there small tri box they will put $3 in. because its minimum cost with max profit

[Bochall]

I read that CD is charging $10 admission for their night cards next spring/summer. Anybody up for paying that cover??

[QuarterCrack]

no Now with this people will instead of putting $6 into there small tri box they will put $3 in. because its minimum cost with max profit

The other side of that is someone who would not bet a trifecta for the $1 increment (thus his money never goes in the pool), but with $0.50 trifecta, he is able to place a bet within his comfort zone, and his money therefore goes into the pool. For example, a 5x5x1 trifecta may be too rich for him at $20, but at $10, he will put that bet in.

[Valuist]

Its not like they have carryovers for the P3. Why not lower the limit?

[Space Monkey]

The .10 super got the old people, slot players involved. The more we can divert casino $ to track $ the better.

My biggest beef is the $2 pick 6. If ever there was a need for a .50 bet its that one. I think if the Breeders Cup lowered the bet to even $1, it would greatly increase the handle. I know I won't invest a dime in the BC, or any pick 6, at $2.

We all know Uncle Sam reams us. So what's wrong with low minimums so we can just hit repeat and avoid the tax?

That being said, my opinion is that there should be universal .50 bets at pik 4,5,and 6. With the prolific winning of favorites nowadays, the pik 3 doesn't offer the big payoff it was meant to. I'm on the fence at .50 tri's. Gut feeling is NO.

[Jackal]

Regardless of take out smaller bets will make for larger pools. Lots of people play ten cent supers. I play ten cent supers myself. I can bet less than $1 per race and it's possible to win $50. Not a bad way to spend the afternoon.

I might start playing fifty cent trifectas also. I can key a horse for $1. a/bc

I have to be honest with myself. If I am playing penny wagers, I don't have any good plays. I simply want to drink a few beers and talk to my friends.

[Light]

Just think back when exactas had a $5 minimum. How many did you play then and how many do you play now with a $1 minimum.The more flexability in a product,the greater the appeal.

[ranchwest]

C'mon people, what did everyone do when we had $5 minimum exactas?


I remember giving away a $430 exacta. Is that what you mean?

[davefulche]

I applaud CD for the move. My home track Penn National has had 50 cent TRI's and Keeneland has had them as well. Sometimes you do end up kicking yourself because you think ...gee I could have had that for $1, but the truly innovative part is the 50 cent pick 3. I can't tell you how much I have poured into 50 cent pick 4s at Del Park, Keeneland and now Philly. 50 cent pick 3s will be interesting. Since I live in an area where Churchill is still not being taken, hopefully this board will keep us updated on how it is effecting pick 3 payouts.

[Stillriledup]

I love the 50 cent option on tri's

I love the option of being able to bet a 50 cent box and hit repeat (for obvious reasons)

[Zman179]

no Now with this people will instead of putting $6 into there small tri box they will put $3 in. because its minimum cost with max profit

No they won't, only the cheapies with barely any money in their pockets will think like that. The 50¢ bets will increase handle in that bettors will now be able to make back-up bets without worrying about costs becoming too excessive; if a bettor likes a combination, he/she won't hesitate to make a $6 bet. So a bettor who bets $6 into a tri is now more inclined to kick in some savers and bet $8 or $9 into a race.

[Zman179]

The .10 super got the old people, slot players involved. The more we can divert casino $ to track $ the better.

My biggest beef is the $2 pick 6. If ever there was a need for a .50 bet its that one. I think if the Breeders Cup lowered the bet to even $1, it would greatly increase the handle. I know I won't invest a dime in the BC, or any pick 6, at $2.


The only problem with a 50¢ Pick 6 is that there would be a lot fewer carryovers. Two-day carryovers would be, for all intents and purposes, a thing of the past. The whales have their $2 Pick 6, we have a 50¢ Pick 4. I think that's a good balance, you've gotta keep your big bettors happy too and the Pick 6 is often what they concentrate on.

[DanG]

The only problem with a 50¢ Pick 6 is that there would be a lot fewer carryovers. Two-day carryovers would be, for all intents and purposes, a thing of the past. The whales have their $2 Pick 6, we have a 50¢ Pick 4. I think that's a good balance, you've gotta keep your big bettors happy too and the Pick 6 is often what they concentrate on.
This is very true Z imo and as people touched on earlier; you can’t stress the withholding factor enough depending on bet denomination.

[bisket]

with these smaller wagering values it makes it easier for players to wheel top choices mostly chalk. its makes easier for players who don't like to take "chances" with their money to play the tri. when the chalk is on top in the tri it doesn't pay all that great, but when he's second or third it pays handsomely: if first place is at 5-1 or better :ThmbUp: . this is why those who pay attention to the selections part of the board, i've been boxing tri's all the time with long odds horses. with the volatility in your returns because you don't have a pool to watch this is usually a good angle. alot of players just don't have the balls to put a long odds horse on top. with this new wrinkle, i'd box every trifecta at churchill no doubt. maximum of 4 horse though.