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01-12-2017, 07:40 PM
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#1
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Registered User
Join Date: Feb 2004
Posts: 684
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Oaklawn Park & 10% T/O on track show bets
An interesting, albeit small step in the right direction. Perhaps other tracks will build upon this & expand the concept to other pools.
Be Well,
fmhealth
http://www.reviewjournal.com/sports/...ns-opening-day
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01-12-2017, 07:49 PM
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#2
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Registered User
Join Date: Jan 2006
Posts: 28,546
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Show bettors REJOICE! 
__________________
Live to play another day.
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01-12-2017, 08:32 PM
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#3
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Registered User
Join Date: May 2011
Posts: 22,629
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wow, Vic Stauffer congrats on announcer job
I was thinking they have had 10 cent breakage for negative pools for some time haven't they? $2.20 beats $2.10
The article says you need to make the show bet on-track to get the 10%, so I suspect in many instances the breakage will even the pay-offs anyway.
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01-12-2017, 08:34 PM
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#4
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Registered User
Join Date: Feb 2009
Location: NY
Posts: 18,949
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Yes, patronize that Scared Money!
Players should no longer be afraid of losing in the long run realizing what a big difference there will be in the Show pool payoffs. WOW that’s exciting!
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01-12-2017, 08:41 PM
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#5
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NoPoints4ME
Join Date: Sep 2013
Posts: 9,854
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Wish NYRA did this. I'd play even more parlays.
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01-12-2017, 08:50 PM
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#6
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Registered User
Join Date: Mar 2005
Location: New York
Posts: 1,454
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It would be a great idea for tracks to eliminate show betting all together and most of the show bettors would move up to the place pool which would become a significant pool with the influx of money.
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01-12-2017, 09:18 PM
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#7
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Registered User
Join Date: Feb 2009
Location: NY
Posts: 18,949
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Quote:
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Originally Posted by BELMONT 6-6-09
It would be a great idea for tracks to eliminate show betting all together and most of the show bettors would move up to the place pool which would become a significant pool with the influx of money.
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You mean they should follow an extremely successful program like the Hong Kong betting platform? Heaven forbid!
That and SO-O-O-O many other good things about their racing product is right there in front of all our blind stateside racing jurisdictions. It’s no wonder that these racing programs are going in opposite directions from a player's perspective.
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01-12-2017, 09:22 PM
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#8
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Veteran
Join Date: Dec 2003
Posts: 7,139
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The article says:
"Show bets made on-track will have a low 10 percent takeout. Show bets made off-track will still have a 17 percent takeout. "
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01-12-2017, 09:22 PM
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#9
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Veteran
Join Date: Sep 2014
Posts: 2,053
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i love show betting .. hope they never get rid of it... i love the free $$$ gift that pops up every month or so when a bridge jumper eats shit
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01-13-2017, 12:01 AM
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#10
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Registered User
Join Date: Aug 2012
Posts: 8,798
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Quote:
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Originally Posted by BELMONT 6-6-09
It would be a great idea for tracks to eliminate show betting all together and most of the show bettors would move up to the place pool which would become a significant pool with the influx of money.
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The LA Times article I posted at the end of last month indicated that tracks have studied eliminating show betting and come to the conclusion it is a bad idea.
And I believe that. It attracts novice players by giving them a bet that allows them to cash some tickets when they go to the races.
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01-13-2017, 01:56 AM
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#11
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Registered User
Join Date: Feb 2006
Location: Houston Tx.
Posts: 3,130
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Quote:
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Originally Posted by no breathalyzer
i love show betting .. hope they never get rid of it... i love the free $$$ gift that pops up every month or so when a bridge jumper eats shit
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The 1st bet that I ever made was a $2.00 show bet on a 5/2 horse at Yonkers Raceway. The horse won and paid, $7.00 win, $15.00 Place and $35.00 to show.
__________________
Laboratory rats are susceptible to drug addiction, obesity, diabetes, heart disease and cancer.
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01-13-2017, 06:48 PM
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#12
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Registered User
Join Date: May 2011
Posts: 22,629
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oaklawn has a lot of dollars in the show pool relative to win pool
most races win pool was 3-4 times show pool for dollars bet
compare that to Aqueduct where
most races win pool is 8-10 times show pool
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01-13-2017, 06:52 PM
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#13
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Registered User
Join Date: Aug 2012
Posts: 8,798
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Quote:
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Originally Posted by davew
oaklawn has a lot of dollars in the show pool relative to win pool
most races win pool was 3-4 times show pool for dollars bet
compare that to Aqueduct where
most races win pool is 8-10 times show pool
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Oaklawn has a lot of tourists, casual players, and $2 bettors.
I have never checked this, but I bet there's a similar phenomenon on opening day and weekends at Del Mar.
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01-13-2017, 07:14 PM
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#14
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Registered User
Join Date: Mar 2005
Location: New York
Posts: 1,454
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Eliminating the show pool might create some win/place betting this way the newbies can have a hedge bet and eventually progress to win only and the exotics if they see fit.
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01-13-2017, 07:34 PM
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#15
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,733
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if this works the way the track wants it to work, they will probably do the same thing with the place pools and maybe even the win pools.
i suspect the reason why they came up with this is to get more breakage. the breakage doesn't get shared with the horsemen or the government and this is what they figured out to boost up their revenue share for the house. the horsemen probably didn't object because the purses are very high there this year, $70K for a msw race.
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