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For those comparing it to a lottery bet, the odds of nailing the exact order of finish in a 12 horse field are 479 million to 1. And that's just the first race.
Not sure how to work out the math to include the second race, maybe someone smarter than me can figure it out. If it's simply double the odds, then you're looking at nearly a 1 in a billion shot.
By comparison, the odds of winning a Powerball jackpot are about 292 million to 1. So this wager is infinitely harder to win, and only offers a fraction of the payout.
Of course if someone does manage to hit this (probably an offshore whale that can cover a couple hundred thousand combinations), everyone is going to think back to the Breeder's Cup Pick 6 and assume the fix was in. Even if it is just blind dumb luck, no one will believe it. Only racing would risk giving itself another black eye on an unforced error, just to push a gimmick bet that no one asked for.
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