Quote:
Originally Posted by Denny
GREAT.
You get hammered with takeout and breakage on each bet.
Or not?
|
Yeah, it is not really a good bet at all if it is using the straight pool takeouts, and really how else could it be done? The only advantage is that you get to pick the race to parlay. But from a takeout perspective, it is dreadful. Lets look at a simple P3 in SoCal. Win takeout is 15.43, P3 takeout is 23.68. Lets assume each winner had 20% of a 50,000 pool bet on it in each leg. These are the mythical payoffs:
Pick 3: $190.80
Parlay: $148.00
That is quite a premium to pay for picking you own races.
No thanks.