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[AndyC]

Originally Posted by Andy Asaro

If the industry wants to grow and get new Gamblers then it MUST lower take for everyone beginning with WPS and then Exactas while paying penny breakage on both........

https://www.thoroughbreddailynews.co...pick-six-pool/

Excerpt:

This was the second step in a process that began Jan. 1 when NYRA eliminated the jackpot portion of the Pick Six wager. No matter how many winning tickets are sold on the bet, which costs 20 cents, the entire pool is now paid out every racing day.


With its new policies, NYRA is attempting to deal with what is becoming a growing problem for the sport in general. It is hard for tracks to turn down the business from CAW players because of the substantial contributions they make to handle. However, the computer players are generally so successful that their winning wagers cut substantially into payoffs, penalizing players who don't enjoy the same advantages. Over time, catering to CAW players runs the risk of emptying the pockets of a track's regular players.

The computer players have also been known to scoop up entire pools of wagers like jackpot Pick Sixes on the mandatory payout day. On Nov. 30, the Empire Six at Aqueduct paid $482,817. There was only one winning ticket on the bet and it was sold by the Elite Turf Club, which caters to large volume, computer players.

“What we have seen with the Empire Six is that the jackpot pool is built and supported largely by the everyday horseplayers,” NYRA spokesperson Pat McKenna said. “When it comes to mandatory payout days, there tends to be an unequal playing field.”

Shocking news that jackpot bets are built by everyday players only to be scooped up by the more sophisticated well-financed players. This was the exact argument made against jackpot bets when they were first introduced. Ironically they were introduced for the small player only to turn out as a benefit for a big player.