DERBYWARS

[cj]

Originally Posted by green80

It does not, you get 800. So you are laying 430 to win 370 or twice the juice you pay on sports betting. When you bet on a 2 man game, 430 is deducted from your account and if you win you are credited 800.

Right, but still much better than the track. You and another guy bet 430 on two different horses in a match race, $129 minimum (the best takeout tracks 15%) comes out and you get back $731.

[Stillriledup]

Originally Posted by green80

It does not, you get 800. So you are laying 430 to win 370 or twice the juice you pay on sports betting. When you bet on a 2 man game, 430 is deducted from your account and if you win you are credited 800.

Thanks.

[green80]

Originally Posted by cj

Right, but still much better than the track. You and another guy bet 430 on two different horses in a match race, $129 minimum (the best takeout tracks 15%) comes out and you get back $731.

You are right, About 7.5% take in this $800 game. Look at the cheap games, in a $15 game it goes up to about 16.66%.

[cj]

Originally Posted by green80

You are right, About 7.5% take in this $800 game. Look at the cheap games, in a $15 game it goes up to about 16.66%.

Looked at the top game on the board today. There are 47 slots at $35 each, returns $1445, that is a little over 12%.

Found a cheaper game, 7 players, $17 each, returns $105, or a little under 12% takeout.

A $4 game for 29 people has under a 14% takeout.

Originally Posted by green80

you are paying about an 18% vig. on derbywars, much like the track take.

Just pointing out that this post was not true. Maybe the highest games are at 18%, but certainly not the norm and your post was very misleading.

[ronsmac]

Some games don't completely fill but still go off. Are the payoffs still the same when that happens? If so, that reduces the take on those games.

[green80]

Originally Posted by cj

Looked at the top game on the board today. There are 47 slots at $35 each, returns $1445, that is a little over 12%.

Found a cheaper game, 7 players, $17 each, returns $105, or a little under 12% takeout.

A $4 game for 29 people has under a 14% takeout.



Just pointing out that this post was not true. Maybe the highest games are at 18%, but certainly not the norm and your post was very misleading.

Ok, I stand corrected. I should have said the takeout is between 7 and 18%. Looks like the higher the price of the game the lower the take. But the lower priced games fill at a higher rate than the high priced games.
So who knows what the average takeout is.

You are still laying 430 to win 370 in a 2 player game. The way I see it you are still 14% away from a no takeout game.

[garyscpa]

Originally Posted by ronsmac

Some games don't completely fill but still go off. Are the payoffs still the same when that happens? If so, that reduces the take on those games.

The playoffs were still the same in the tourneys I played that were not completely filled. So there was, in effect, a negative takeout, or positive expectation.