Quote:
Originally Posted by Fager Fan
That sounds like a spin instead of admitting that you were wrong.
So explain. If you can.
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Sorry to step in CJ but this is painful to watch so I will try to help & explain to Fager Fan in quick fashion & if he still doesn't get it I will remove myself from this as well:
It costs $1 million to get a slot, 12 slots = $12 million. GP is putting up $4 mil of its own money, making a $16 million purse. Here's the trick though, every single finisher is guaranteed to earn $650,000 so in reality nobody stands to lose more than $350,000. So actual risk & purse up for grabs is $350,000 x 12 which is $4.2 mil + the 4mil from GP so it's really a $8.2 million race for available purses, hence the nearly 50% not being in play.
An $8 million race is nothing to sneeze at, but saying it's $16 million is a farce.
