Quote:
Originally Posted by o_crunk
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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I have no idea what your last sentence is trying to say but regarding the numbers you posted they look pretty good to me. Since this change was made as long as you were not on the favorite you were paid significantly higher. Moreover you concurred that teams were not in the win pool in a significant fashion which opens up at least the possibility that a non rebated player can actually find value once in a while. This is hardly going to save racing but it is better for the recreational bettor than what we had before. I guess your assumption that is that since exacta and trifecta payoffs went up similar amounts to win payouts that the increase in win payouts are irrelevant. I do no see it that way at all. There are a huge number of variables involved.
