the triple play

[lamboguy]

this is some type of new bet at Belmont Park...does anyone know exactly what it is? what the takeout is? and is the CAW allowed in that pool?

[CheckMark]

Originally Posted by lamboguy

this is some type of new bet at Belmont Park...does anyone know exactly what it is? what the takeout is? and is the CAW allowed in that pool?

https://www.nyra.com/belmont/news/ny...t-belmont-park

Pretty sure someone already talked about this but here is a writeup about the new wager:

Featuring a $3 bet minimum and 24 percent takeout, the NYRA Triple Play will cover the final three races of Sunday cards throughout the 44-day spring summer meet. Each NYRA Triple Play will feature a mandatory payout of the net pool. Wagering on the NYRA Triple Play will be available on ADW platforms and at simulcast facilities across the country.

The NYRA Triple Play will launch on May 1, the first Sunday of the spring/summer meet, which opens on April 28 and will offer 59 stakes races worth $16.95 million in total purse money.

The retail-only NYRA Triple Play is the latest piece of a NYRA pilot program designed to reward the everyday player with opportunities for significant payouts. In 2021, NYRA replaced its $.20 jackpot Empire Pick 6 with a $1 Pick 6 available to retail customers only. Previous to that, NYRA restricted both the Late Pick 5 and the Cross-Country Pick 5 to retail customers only.

6 days ago it was reported that the new takeout is now 19% not 24%

[PaceAdvantage]

http://www.paceadvantage.com/forum/s...d.php?t=170364

[Boomer]

I hope they have enough parking spots to accommodate the massive crowds this new bet will likely bring!

[Boomer]

Originally Posted by Boomer

I hope they have enough parking spots to accommodate the massive crowds this new bet will likely bring!

My Bad....Looks like this bet was made for ADW customers only. Making it even a stupider idea.

[lamboguy]

Originally Posted by Boomer

My Bad....Looks like this bet was made for ADW customers only. Making it even a stupider idea.

its not stupid. anytime a track is rewarding its customers allowing them to bet without the CAW in the pools gives the player some type of a Chinaman's chance.

[Boomer]

Not sure where I see these wagers cannot be bet by the CAWS nor do I understand, even if they were not allowed, what advantage do I get.


I will say I am not the mathematician or analyst in this discussion. I just handicap horses.

[dilanesp]

Originally Posted by lamboguy

its not stupid. anytime a track is rewarding its customers allowing them to bet without the CAW in the pools gives the player some type of a [] chance.

Correct. Horse racing has a lot of problems, but "those computer guys are manipulating the pools" is a mortal threat. The perception of fixed races completely killed harness racing in Southern California, which was once huge. Good for NYRA for trying to create bets that these guys can't infiltrate.

[Boomer]

Originally Posted by dilanesp

Correct. Horse racing has a lot of problems, but "those computer guys are manipulating the pools" is a mortal threat. The perception of fixed races completely killed harness racing in Southern California, which was once huge. Good for NYRA for trying to create bets that these guys can't infiltrate.

Harness Racing in SoCal was fixed before computers were even part of the equation. I know, I was there in the late 70s and early 80s. Likewise, it has been fixed in many jurisdictions. Do you think Ross Cohen was giving out envelopes at Monticello and Yonkers to benefit the computer guys. Think again.


CAWS have nothing to do with fixed harness races. At the high handle tracks the purses are too high for the drivers to take envelopes and I don't think the low handle tracks do the CAWS any good whatsoever.


I am trying to understand the anxiety over CAW but your analogy did not help.

[dilanesp]

Originally Posted by Boomer

Harness Racing in SoCal was fixed before computers were even part of the equation. I know, I was there in the late 70s and early 80s. Likewise, it has been fixed in many jurisdictions. Do you think Ross Cohen was giving out envelopes at Monticello and Yonkers to benefit the computer guys. Think again.


CAWS have nothing to do with fixed harness races. At the high handle tracks the purses are too high for the drivers to take envelopes and I don't think the low handle tracks do the CAWS any good whatsoever.


I am trying to understand the anxiety over CAW but your analogy did not help.

My analogy is that in any gambling game, the perception that someone is manipulating betting, pools, odds, or fixing events, is absolutely deadly. If a cardroom openly tolerates cheating, eventually nobody will play there. If a poker website fills up with bots, the legitimate players leave. If harness races are fixed, players bolt.

This is an absolute mortal threat to horse racing. If players ultimately conclude "these computer guys with their last second bets are sucking all the money out of the pools and have an unfair advantage", that is literally the end of American horse racing.

The tracks absolutely HAVE TO create bets and pools and devices that exclude those people from at least some bets. They have to create bets where ordinary horseplayers feel they can get some value without having it taken away from them by pool manipulation. What NYRA is doing is a necessity, and we are going to see more things like it in the future.

[ranchwest]

What does "retail-only" mean? Apparently it is positive enough to tout it. If that is the case, why aren't all wagers "retail-only"?