Quote:
Originally Posted by AlsoEligible
In that case the odds of hitting this wager are 229,441,000,000,000,000:1. So we're saying there's a chance? 
Hell, TSG might as well advertise a $5 billion bonus to whoever hits this, because there's virtually no chance of it happening. At least that might get some more suckers to put their money in.
I think where the tote struggles on wagers like this are box/wheel bets that exponentially increase the number of combinations covered on a single ticket. I wouldn't be surprised to see this limited to only straight bets, which will essentially make it a true lottery wager. |
I was going to say that the real odds are probably slightly better than that because obviously some horses have a better chance of finishing first than others (it's not 12 random numbers but horses that will be from 3-5 to 99-1, or whatever). But what would that do, lower it to a billion to 1?
I really think that's what racing WANTS, a true lottery wager that somehow catches on like Powerball where people with no knowledge of racing bet random numbers in hopes of winning tens or hundreds of millions at once. And hell, I'd want that too if I was in track management. These jackpot bets are a tiny successful step in that direction (successful being a relative term). But even in my wildest imagination I don't see them getting from point A to point Z. Maybe if you could somehow get a Kentucky Derby bet where you pick the first 8 or 10 horses?
