Quote:
Originally Posted by Andy Asaro
So here's my best guess... Every race will have "red," "black," and "green" groups of horses to wager on to win (like roulette). So if there is a 7-horse field (1-3 might be red, 4-6 might be black & 7 might be green). Odds will be parimutuel, but in a standalone pool.
|
That's basically correct. On the groupings, my understanding is that they'll be based on morning line odds, so that red and black are as close as possible to a 50/50 proposition. While the green group will be all longshots.
So for example, if the morning line for a race is:
#1 - 5/2
#2 - 7/2
#3 - 12/1
#4 - 12/1
#5 - 9/2
#6 - 3/1
#7 - 15/1
Then the roulette groups would be something like:
Red - #1, #5
Black - #2, #6
Green - #3, #4, #7
Won't be a perfect science, and once money starts coming in and odds change, the groups will get totally skewed. Probably some value to be found by a smart bettor, just a question of whether there's enough liquidity to care. Think it's just TSG tracks and maybe XpressBet that will be wagering to start, with the other ADWs and totes taking a wait-and-see approach.