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Thread: Payoff was low
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Old 11-30-2022, 11:57 AM   #35
o_crunk
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Join Date: Apr 2006
Posts: 278
Decided to take a closer look at this.

There have been 2,579 races at NYRA since the 2 min cutoff was instituted. This comprises races from 7/28/21 through today.

7.77 avg field size
35.94% fav strike
$1.69 fav ROI
$8.40 median win payoff
$12.52 avg win payoff
$41.60 median exacta payoff ($2)
$76.89 avg exacta payoff ($2)
$188.00 median tri payoff ($2)
$477.86 avg tri payoff ($2)

If we look at the trailing 2,579 races at NYRA *before* this 2 min cutoff was instituted, this would comprise races from 12/28/19 through 7/27/21.

7.72 avg field size
35.90% fav strike
$1.69 fav ROI
$7.90 median win payoff
$11.95 avg win payoff
$38.40 median exacta payoff ($2)
$74.33 avg exacta payoff ($2)
$177.00 median tri payoff ($2)
$460.72 avg tri payoff ($2)

Since the cutoff:
median win payoff increased 6.32%
avg win payoff increased 4.70%
median exacta payoff increased 8.33%
avg exacta payoff increased 3.44%
median tri payoff increased 6.21%
avg tri payoff increased 3.72%

Comparing the 2 periods, handle overall at NYRA increased 13.4% (+$402M).

The wps pools increased 7.34% (+$68.4M)
The exacta pool increased 18.95% (+$123.4M)
The tri pool increased 15.23% (+$54.97M)

I don't know how people can look at these numbers with a straight face and say some of the things being said in this thread.
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