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-   -   NYRA adding third daily Pick 4 to wagering menu (http://www.paceadvantage.com/forum/showthread.php?t=173020)

Al Gobbi 10-22-2022 07:53 PM

NYRA adding third daily Pick 4 to wagering menu
 
24% takeout still in effect - placement will depend on the number of races on the card

Quote:

NYRA adds middle Pick 4 to wagering menu

The New York Racing Association, Inc. (NYRA) today announced the addition of a middle Pick 4 to the daily wagering menu beginning with the Thursday, October 27th card at the Belmont at the Big A fall meet.

The Pick 4, offering the standard 24 percent takeout rate, requires bettors to the select the first-place finisher of four designated races on the card. The middle Pick 4 will begin in Race 3 on nine-race cards; Race 4 on 10-race cards; and in Race 5 on 11-race cards.

$w1fT 10-22-2022 10:34 PM

Seems like this will do as well as the triple play pick 3.

Tom 10-23-2022 11:33 AM

More opportunities are always good. I don't play P4's, but I'm sure those who do will appreciate this.

What we need now is to add the W/S exacta! :cool:

classhandicapper 10-23-2022 03:48 PM

Quote:

Originally Posted by Tom (Post 2836858)
What we need now is to add the W/S exacta! :cool:

That's sort of like the omni/swinger bet.

I would have had a very good day yesterday if they had that bet available. As is, I'd rather not talk about it. :rolleyes:

Brass Hat 10-23-2022 10:02 PM

I don't pay attention to the pools, they may be profitable for the NYRA, but NYRA still offers the Grand Slam, a bet that never made sense to me.

westernmassbob 10-24-2022 09:24 AM

Quote:

Originally Posted by Brass Hat (Post 2836942)
I don't pay attention to the pools, they may be profitable for the NYRA, but NYRA still offers the Grand Slam, a bet that never made sense to me.

Oh it made more sense in its infancy. The bet was created to keep bettors around for the later races. Of course on track this makes perfect sense and smaller players like the bet. Now how it’s doesn’t make sense is that simply doing a win parlay will make you more money 90% of the time. I think it’s kept around for conveinance of bettors or fans who can play a little and still have a bet to get excited about and keep them watching.

BarchCapper 10-24-2022 12:34 PM

Quote:

Originally Posted by westernmassbob (Post 2836981)
Oh it made more sense in its infancy. The bet was created to keep bettors around for the later races. Of course on track this makes perfect sense and smaller players like the bet. Now how it’s doesn’t make sense is that simply doing a win parlay will make you more money 90% of the time. I think it’s kept around for conveinance of bettors or fans who can play a little and still have a bet to get excited about and keep them watching.

Grand Slam - introduced May 2006

Belmont - Saturday, October 21, 2006 - $30,844 wagered.
BAQ - Saturday, October 22, 2022 - $34,554 wagered.

The_Turf_Monster 10-24-2022 08:44 PM

24% takeout remains prohibitive. It's one thing if you're in the WPS pool and you know 2:1 is going to pay 2:1 but you're betting blind into a high takeout pool

the little guy 10-24-2022 10:12 PM

Quote:

Originally Posted by The_Turf_Monster (Post 2837123)
24% takeout remains prohibitive. It's one thing if you're in the WPS pool and you know 2:1 is going to pay 2:1 but you're betting blind into a high takeout pool

Feel free to share all the NYRA Pick-4s that come back short the parlay.

The_Turf_Monster 10-25-2022 11:19 AM

Quote:

Originally Posted by the little guy (Post 2837136)
Feel free to share all the NYRA Pick-4s that come back short the parlay.

https://en.wikipedia.org/wiki/Straw_man

the little guy 10-25-2022 11:59 AM

Quote:

Originally Posted by The_Turf_Monster (Post 2837236)

In other words, you have none.

You also fail to understand that extrapolating through four slots at 24% is better than one slot at 16%.

The_Turf_Monster 10-25-2022 12:16 PM

Quote:

Originally Posted by the little guy (Post 2837242)
In other words, you have none.

You're equating apples to oranges as a rationale, try to focus


Quote:

Originally Posted by the little guy (Post 2837242)
You also fail to understand that extrapolating through four slots at 24% is better than one slot at 16%.

Paying a higher rate on a single bet is never going to be better for the bettor, particularly when factoring in that the pool is blind.

the little guy 10-25-2022 12:21 PM

Quote:

Originally Posted by The_Turf_Monster (Post 2837247)
You're equating apples to oranges as a rationale, try to focus




Paying a higher rate on a single bet is never going to be better for the bettor, particularly when factoring in that the pool is blind.

No and No.

It's a far more complicated discussion that you seem to believe. The reality of playing horses is that exotic bets, be they verticals or horizontals, offer better value for sophisticated horseplayers by dispersing takeout through each addition slot. This is a fact.

Tom 10-25-2022 12:50 PM

Here;s another realty. If you don't like the bet, don't play.
Kudos to NYRA for offering choices.

That is always good for the bettors.

PaceAdvantage 10-25-2022 01:59 PM

Quote:

Originally Posted by Tom (Post 2837258)
Here;s another realty. If you don't like the bet, don't play.
Kudos to NYRA for offering choices.

That is always good for the bettors.

Don't tell this to AskinHaskin


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