Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Search Forums


Showing results 1 to 25 of 500
Search took 0.21 seconds.
Search: Posts Made By: AndyC
Forum: General Racing Discussion 02-13-2018, 11:21 AM
Replies: 37
Views: 2,152
Posted By AndyC
Way too many places to shop for a price to...

Way too many places to shop for a price to believe that vig will go up in sports betting. The only thing that could screw up the free market for vig is heavy government intervention.
Forum: General Racing Discussion 02-12-2018, 10:16 PM
Replies: 90
Views: 2,476
Posted By AndyC
Therein lies the problem. It doesn't matter what...

Therein lies the problem. It doesn't matter what the track owners want to do, they are at the mercy of the horsemen and the state governments to give their blessings.
Forum: General Racing Discussion 02-12-2018, 07:48 PM
Replies: 62
Views: 2,793
Posted By AndyC
Let's say you have 3 bets that are all 3-1 with...

Let's say you have 3 bets that are all 3-1 with +EV. If you make a $20 win bet on the first horse and win you will be betting 4 times as much on your second horse and if the second one wins you will...
Forum: General Racing Discussion 02-12-2018, 12:55 AM
Replies: 39
Views: 2,015
Posted By AndyC
There is a difference between taking a kid to the...

There is a difference between taking a kid to the track and encouraging them to
gamble. I've took my daughter to Del Mar years ago when she was 8 or 9 years old. There is a lot to experience at the...
Forum: General Racing Discussion 02-11-2018, 11:30 AM
Replies: 39
Views: 2,015
Posted By AndyC
The need or desire to bond with a child is a poor...

The need or desire to bond with a child is a poor excuse to introduce them to or encourage them to gamble. Do kids really have spare money sitting around that they can afford to spend playing the...
Forum: General Racing Discussion 02-04-2018, 12:54 PM
Replies: 3
Views: 478
Posted By AndyC
You figure out your nonresident tax and apply the...

You figure out your nonresident tax and apply the withholding. If the withholding is more than the tax you will get a refund. To the extent you are charged a tax in another state you will probably...
Forum: General Handicapping Discussion 02-03-2018, 12:38 PM
Replies: 97
Views: 5,627
Posted By AndyC
100-TO%/odds +1 in example using a 20% TO: ...

100-TO%/odds +1

in example using a 20% TO:

100-20/3.10 + 1 = 80/4.1 = 19.5122% bet
Forum: General Racing Discussion 01-23-2018, 05:15 PM
Replies: 173
Views: 6,956
Posted By AndyC
At what point does the betting cease to be...

At what point does the betting cease to be efficient? When $4,000 determines the prices, $2,000 or $500? Sharp players trying to correct for overlays in the DD pools are dealing with a hair...
Forum: General Racing Discussion 01-23-2018, 01:10 AM
Replies: 173
Views: 6,956
Posted By AndyC
My problem with will-pays is as follows: Santa...

My problem with will-pays is as follows: Santa Anita's average DD pool is less than $30,000 but I will use $30,000 in my example. If a 4-1 horse wins the first half of the DD it will mean that...
Forum: Off Topic - Sports 01-22-2018, 06:21 PM
Replies: 64
Views: 2,179
Posted By AndyC
No doubt, but stirring the pot is fun while...

No doubt, but stirring the pot is fun while waiting. Some bettors get very emotional regarding their betting choices.
Forum: Off Topic - Sports 01-22-2018, 03:12 PM
Replies: 64
Views: 2,179
Posted By AndyC
NE gives up a lot of yards but not a lot of...

NE gives up a lot of yards but not a lot of points.

Jacksonville was initially tough for NE because they have such a great pass defense. NE adjusted and moved the ball quite well in the second...
Forum: Off Topic - Sports 01-22-2018, 02:56 PM
Replies: 64
Views: 2,179
Posted By AndyC
First of all, where could you get the game at 7? ...

First of all, where could you get the game at 7? Pinnacle had it at 7 for exactly 2 minutes before changing it. Nobody else in Vegas or offshore has had it at 7. I wouldn't lay 7 either.

This...
Forum: Off Topic - Sports 01-22-2018, 12:20 PM
Replies: 64
Views: 2,179
Posted By AndyC
It is a steal, for the bookmakers taking action...

It is a steal, for the bookmakers taking action on the Eagles! Many people are falling into the trap of betting off of one good game for Foles. Kind of like a horse running 15 points better than...
Forum: General Racing Discussion 01-21-2018, 11:04 PM
Replies: 173
Views: 6,956
Posted By AndyC
My message wasn't very well written. I am aware...

My message wasn't very well written. I am aware of the probables I was just countering the notion that DDs had a larger pool than the win pool.
Forum: General Racing Discussion 01-21-2018, 04:29 PM
Replies: 173
Views: 6,956
Posted By AndyC
In California the DD pools are rarely as big as...

In California the DD pools are rarely as big as the win pools. Looking at the probables after the first leg is probably not the least bit helpful, especially if a longer price has won the first leg.
Forum: General Racing Discussion 01-21-2018, 04:16 PM
Replies: 19
Views: 1,137
Posted By AndyC
It doesn't matter whether or not it is true. The...

It doesn't matter whether or not it is true. The take-out is part of the product and the wagering consumers are not finding the product attractive.
Forum: General Racing Discussion 01-20-2018, 03:26 PM
Replies: 173
Views: 6,956
Posted By AndyC
Long before I ever gambled I was a stat junkie...

Long before I ever gambled I was a stat junkie for all sports, be it baseball, basketball or football. They made the games and players more interesting. It helped create a lifetime bond to the...
Forum: Off Topic - General 01-18-2018, 06:53 PM
Replies: 19
Views: 558
Posted By AndyC
There is a big difference between being a secured...

There is a big difference between being a secured lender and owning the company.
Forum: Off Topic - General 01-18-2018, 05:41 PM
Replies: 19
Views: 558
Posted By AndyC
Berkshire has never bought businesses in the...

Berkshire has never bought businesses in the expectation to turn them around. They have always bought businesses where they will keep the management in place. I doubt that GE currently fits their...
Forum: General Racing Discussion 01-17-2018, 07:07 PM
Replies: 19
Views: 1,137
Posted By AndyC
That was stated in the article, although 5% was...

That was stated in the article, although 5% was used. The actual vig is 4.545%, or 1/22.
Forum: General Racing Discussion 01-17-2018, 04:34 PM
Replies: 173
Views: 6,956
Posted By AndyC
Certainly wouldn't hurt your cause. The problems...

Certainly wouldn't hurt your cause. The problems exist with people who make income from sources outside of racing and then buy a few horses. While they will try to make a profit they might be hard...
Forum: General Racing Discussion 01-17-2018, 04:07 PM
Replies: 173
Views: 6,956
Posted By AndyC
It's not only that you try, it's how you try....

It's not only that you try, it's how you try. This issue has been litigated many times. There is no litmus test but there are many factors that are looked at. Some listed by the IRS:

The following...
Forum: General Racing Discussion 01-17-2018, 03:59 PM
Replies: 173
Views: 6,956
Posted By AndyC
There are many horse owners who fall into the...

There are many horse owners who fall into the "hobby" classification and accordingly cannot write-off operating losses. I agree on your second point.
Forum: General Racing Discussion 01-17-2018, 02:50 PM
Replies: 173
Views: 6,956
Posted By AndyC
Ultimately you have to meet the requirements that...

Ultimately you have to meet the requirements that you are, in fact, in a business and not a hobby. With the stats you presented it would be hard to justify going into the horse ownership business.
Forum: General Racing Discussion 01-17-2018, 02:27 PM
Replies: 19
Views: 1,137
Posted By AndyC
You will have to get a little deeper in to the...

You will have to get a little deeper in to the how-to for a track to offer 11-10 or 12-10 to the bettors through a pari-mutuel system. With a PM system the tracks would have a vested interest in a...
Showing results 1 to 25 of 500

 
Forum Jump
» Advertisement
» Current Polls
Is adding 30 to 60 feet to the run up for the Pegasus a good idea?
Yes, good idea - 40.00%
10 Votes
No, bad idea - 60.00%
15 Votes
Total Votes: 25
Non-members may not vote on this poll.
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 01:45 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Copyright 1999 - 2018 -- PaceAdvantage.Com -- All Rights Reserved -- Best Viewed in a modern browser @ 1280x720 Resolution Or Higher
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.