Quote:
Originally Posted by the little guy
Theoretically that's the beauty of the pari-mutual system, while handle minus takeout is returned to players, the "average" player will lose more than takeout. This is all part of the reason that if you are, in face, above average, your advantage increases with every additional slot you play in exotics, be they verticals or horizontals. It's just common sense.
Ask yourself how much of a win pool a 2:1 favorite comprises. What percentage, then, of the exacta pool? The trifecta pool? The Super pool?
It's a good discussion in general. Thanks for the numbers.
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Of course it's better for those that have an advantage...that's not what the initial discussion was.
24% takeout P-4 is much worse than a 16% win bet for 99.9% of horseplayers. It's not better cause it's four spots. I think crunk's data shows how really bad it is.
I can't understand how anybody who cares at all about horseplayers or the sport can defend or justify stuff like this.
